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INDUSTRIAL ADVANCES BY FEDEB.AL RESERVE BAHKS -- SUMMARY OF APPLICATIONS, APPROVALS, REJECTIONS AND COlvwiiTI.LEi:JTS, TO DECEMBER 19, 1934 (.Ac'no,mts in thouc;ands of dollarR) (Not for publication) B-816 ~lications received - net Applications recommended Applications a)proved. by Federal Reserve Bark Rejections of applications Federal By Industrial By F. B.. ·oank for approval (with and Finally Conditionally Recommended by Advisory from Ind,~strial without conditions) by Total approv-ed approved Industrial AdBy Federal Reserve Committee Ad.''·· 0r-.::r,n:~_ttee* Ind. Adv. CommEtee j visory Committee Reserve bank Bank Number I Amount NurnberT'"kn~ unt l'Tumber I Amou.."lt :1Tumber IAmount :1Tumber Amount Humber Amount _Number I Ac"'IIunt Uumber l Amount Boston New York Philadelphia Cleveland Rich:nond Atlanta Chicago St. Louis Minneapolis Kansas City Dallas San Francisco 0 ~l ~) ; TOTAL 178,338 r 1 JlJ 1 4lQZ 53 /)jJ. 1,~05 .973 ' .. Applications under consideration Dist;ributior~ o Federal Financing Feds By Industrial By Federal Financing Reserve institution Advisory Conrrnittee Reserve banl: Outstanding Total institution Banlc guaranteeS. I participa ticns number I Amount Number I Amount Adva-.lce~ 1Commi tme Boston 1,41~8 26 1.166 1,272 3,501 27 396 1,6a1 6' 2~1 New York 1,844 7 g 4,311 47 2,432 1,253 93 33 :) Philadelphia 12 4,246 2,077 2,5a8 107 458 49 27 354 Cleveland 140 2,481 1 676 27 926 227 775 Richmond 1,660 2,618 412 167 29 1,529 -39 Atlanta 41 601 1 1,487 107 1,719 30 55 799 Chicago 8 6 1 480 8 178 1,902 797 186 260 61 635 ~ I •I I . 1,. •• -~---· -- -- -- FEDERAL RESERVE BOARD DIVISION OF BAliK OP~~TIONS D~ER 26, 1934 ~ Less than $500. *Applications acted on by Industrial Advisory Committee adjusted for changes in amount applied for and for withdrawals before approval or rejection by F. R. bank. I .,_~- • (Not for publication) CLASSIFICATICi~ OF APPLICATIONS FOR UIDUSTRIAL LOANS REJECTED BY FEDERAL RESERVE B.AJIT'.:fS B-816a ( Amou..'rl. t s in thousands of dollars) December 19 1 1934 Reasons f o r r e j e c t i o n s Ineli~ibh Federal Reserve Bank Total applications rejected :£To. I Amount Not establis~1ed industrial or commercial enterprises No. I Amount 828 651 704 1,720 -- 18 26 14 16 55 -- --3 - 3,446 4,365 26,504 4,154 12 4 63 6 167 145 1,710 184 30 31 141 18 652 1,158 7.797 1,149 5 6 2 27 29 300 7.976r 3,8lo 5,268 5,545 31 1,013 81..1h 2,223 3,117 1,387 842 4 87 3 133 38 22,228 24 617 165 5,092 272 13,020 215 6,439 6,34o 293 1 18 Ricr.mond. Atlanta Chicago St. Louis 176 198 698 137 Minneapolis Kansas C1 ty Dallas San Francisco 411 188 256 240 Total, all Districts FEDERAL BESELtVE BOARD DIVISIOJJ OF BANK OPERATIONS DECEMBER 26, 1934 ' Unsatisfacto:ry Unsatisfactory Unsatisfinancial business factory li'ot for Otherwise condition prospects management worldng ineligible capital No. !Amount No. I Amount l'Jo. I A'11oun t 1 :i:~o. I .Amount l1o .j .Amount 8 600 26 413 Boston York Philadelphia Cleveland l~ew I 6 15 1,217 68 127 57 24 186 6,509 607 5 7 211 --1 -- 3 -- 136 3,491 268 10,657 32 1,232 2,623 138 14 209 88 108 95 10 293 87 2,060 138 8,592 1,355 31 60 164 97 Insufficient security Ho. !Amount Uo. 1,350 9 7,842 165 2,586 5 3,308 17 312 6,670 31 406 145 253 125 209 30 9 6 31 1,108 544 306 1,448 3 27 18 5 575 469 2,168 155 139 173 350 79 551 804 3,129 1,128 82 96 29 27 4 1,470 1,622 1,589 130 772 129 355 1,411 35.760 706 23,303 6 5 l 1 288 12,o43 Rejected for other reasons 2,739 9.4a2 3,0 1 3,541 Total, including duplications I .Amoun-t 4 496 34 326 341 -10 -- 2,666 1 5 71. 1,633 3,387 11,782 119 4,788 96 7 ' 1,334 189 2,012 11 65 580 97 210 3.232 1 209 4,212 176 2,146 47,958 531 lTo. J .Amount 335 927 '283 579 9,224 35,8a2 7.9 9 ~2.352 7,260 315 7,503 331 992 37,443 5.721 233 3,046 8,603 443 456 9,272 476 10,037 529 10,614 13,412 5,899 161,830 475 2,205 1
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