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INDUSTRIAL ADVANCES :BY FEDERAL ~ERVE :B.A.liiKS - SUMMARY OF APPLICATIONS, APPROVAlS, REJECTIONS AND COMMITMENTS, TO NOVEMBER 21, 1934
(Not for publication)
(Amounts in thousands of dollars)
:B-816
Applications
Applications recommended
Re~ections of applications
Annlications approved by Federal Reserve bank
received - net . for approval (with and
Conditionally
Federal
Recomne~ed by
Finally approved
Total
:By Federal
without conditions) by Inavo roved
Reserve
Indus tri..l AdReserve bank
ViSOl'Y Cobnittee
Number Amount dustrial Advisory Committee
:Bank
Number
Amount
Amount
Number Amount
Number
Number ·~ Amount
Number J Amount
Number
I Amount
68
12
4,312
:Boston
238
10,475
4,057
520
137
5.694
137
51
3.993
39
3.47a
102
424
24,802
14
.12,411
222
11,207
5,01
New York
6,964
7,586
254
2,572
109
95
80
164
11
7,620
Philadelphia
14,543
3,686
308
4,717
38
3,039
647
49
179
5.933
1,106
4,054
81
5,126
2,254
10,583
270
5,720
Cleveland
98
27
54
396
3.360
255
8,666
146
148
2,262
Richmond
1,687
236
2,007
2,235
17
56
3. 738
3.694
59
39
1,181
41
7,464
312
1,192
3,468
171
Atlanta
96
52
173
2,577
2,373
3·838
93
648
6
Chicago
34,421
1,827
Fl,664
22,663
4,1K>3
852
2,679
752
637
45
75
39
242
4,061
1,612
128
128
4,061
St. louis
8,518
12
2,067
2,067
45
455
33
Minneapolis
60
1,544
12,053
2,843
6.327
6,931
49
1,299
36o
347
109
575
3.~
Kansas City
6,288
111
1,652
3j674
230
2, 7
3.674
36
1,763
27
179
179
32
5
Dallas
24o
10
l,Oo4
2,26o
4,711
324
4,954
8,752
1,998
994
237
53
1. jqq
~~
San Francisco
168
1.'142
187
4.'121
4.286
8
2'17
13.762
1,932
479
J53
go.4go
7q 228
2.844
roT.AL
24,436
2.8'10
4,516 160,327
250 13.405
37.841
526
909 f
43.311
776
Distribution of amounts finallY a"ODroved by Federal Reserreba.nks
A.pplica tions
Financing
Federal Reserve bank ~artici~ations
Federal
under consideration
Financing
Total
Withdrawn,
institution
Outs tanding
Advances
In ~rocess of co~letion
Reserve
institution
guarantees
reduced, or
Number
re:Bank
Amount
participations
Advances
Advancas Commitments
Commitments
expired( unused)
paid
264
:Boston
1,642
11
2,209
294
50
25
1,237
389
3.47~
616
New York
5,01
6,075
1,368
831
302
49
1,755
578
93
93
80
4
22
88
Philadelphia
1,586
2,781
50
996
315
3.039
160
1,106
268
218
148
2
Cleveland
1,503
117
45
1~3
2,701
1
1 0
s
1
Ri ch.wnd
1,687
1,3o4
119
115
32
1,~0
6
1,181
688
10
Atlanta
469
47
85
5
3.
8,844
Chicago
1,827
2
182
178
54
703
30
732
St. Louis
1,612
41
4
140
69
2,390
910
105
36
234
376
Minneapolis
106
11
189
966
2,433
1,299
76
57
Kansas City
4
626
1,652
19
851
192
259
532
39
!d
Dallas
l,Oo4
610
1
1,978
36
19
374
-San Francisco
241)
))q
7.618
1.1542
462
256
363
17
455
4o,863
881
24,436
1,066
4,872
TOTAL
8,673
1,648
2,063
1,178
197
2,187
FEDE.RAL RESERVE :BOARD
~ Less than $500.
DIVISION OF BANK OPERATIONS
NOVEMBER 27, 1934.

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(Not for publication)
CLASSIFICATIOn OF APPLICATIONS FOR INDUSTRIAL LOANS REJECTED J3Y FEDERAL RESERVE ThUTKS
E-Sl6a
(Amounts in thousands of dollars)
November 21, 1934
Re a s o n s

f o r

r e j e c t

j

o n s

Ineli~ible

Total
applications
rejected

Federal
Reserve
:Swlc

No. _!Amount

liot established indus trial
or conmercial
enterprises
}To.
f Amount

--1
--

----3
--

167
145
1,564
184

25 362
26 894
128 6,343
17 1,141

5
6
2

27
29
300

988
815
211
1.197

59 1,752
119 2,993
53 1,172
22 672

--

6,136

550 18,921

23

137
222
179
270

4,312
11,207
5.933
5,720

1
14
6
18

8
418
26
413

Richmond
Atlanta
Chicago
St. Louis

148
171
648
128

2,262
3,468
22,663
4,061

12
4
57
6

360
179
240
168

6,931
3,674
4,711
4,286

Total, all
Districts

2,850

79,228

29
5
7
14
173

Not for
working
capital
No. !Amount No. !Amount

618
597
1~
681
5 1,696

Boston
New York
.Philadelphia
Cleveland

Minneapolis
Kansas City
Dallas
San Francisco

Unsatisfactory Unsatisfactory Unsatisfinancial
business
Otherwise
factory
management
ineligible
condition
prospects

24
10

--

-

4

87

-133

3
2

JI

616

no.

I Amount

No •. LAmount

Rejected
Insufficient for other
security
reasons

No .f .Amount

lTo. f.A.moun t

121 2,219
202 7,682
lOS 2,873
191 3,090

---8 302
299

I .Amount
282 7,764
747 29,448
233 7,291
531 10,814

1,767
2,768
9,706
1,299

1
5
54 1,280
112 3,460
27
3

257 3.996
279 5,877
9o4 30,424
218 5.553

1~ 1,519
571

11
475
91 2,088
1
1
109 1,881)

386
435
453
3'17

115
218
22
128

3,127
8,942
1,175
2,148

12
169
70
94

1,175
6,318
2,200
2,864

7
134
5
15

142
5,491
31
304

76
7
268
• C!5

1,217
108
7,914
1,361

23
6
4
26

426
184
266
1,388

2
27
11
4

25
469
871
15}

113
149
322
77

29
55
158

480
701
2,792
L89

66
96
27
1

1,225
1,622
1,332
75

25
5
5
1

710
121
3.55
·1

594 19,075

241

6]_

1,228 30,754

Total,
including
duplications

199 3,142
141 3.1$9

8,673 1,850 39,885

lTo. !Amount }To.

2

475

31.

I

7.296
8,911
9,138
7.841)

423 10,297 5,082 134,357

FEDERAL RESERVE BOARD
DIVISION OF B.A:NX OPERATIO}TS
NOVEMBER 27, 1934 •


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