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Il~DUSTRIAL ADVANCES :BY FEDERAL RESERVE BANKS -- SUMMARY OF APPLICATiONS, APPROVAtS,. tlEJEC'rlONS AliD COMMITMENTS, TO JA'tnTARY 2, 1935
(Amo un t s ~n
. thousands of d 0 11ars )
(
f or puhl.~ca t•~on )
B-816
.-"'Not
Re.iections b:f an1 ~lit'!A.tiomt
Applications received - net
Applications recommended .Applications a; roroved by Federal Reserve Bank
J3y Industrial
:3y F. R. bank
for approval (with and
Conditionally
Recommended by
Finnlly
Federal
By Federal
Total
Reserve
ann roved
Industrial Adam> roved
from Industrial without conditions) by
.Advisor-J
bank
Reserve
:Bank
Committee
Adv. Committee*
Ind • .Adv. Committee
}lumber .Am01mt Number! Amount Number Amount visory Committee
Number
j
number !Amount
Amount
Number l Amount
Uumb er l Amount Number I .Amount
162
48
4
242
10,416
84
4,176
170
215
4,732
5,151
5,881
4,391
285
52
13,397.
:Boston
8,202
11,038
2,836
292
13,743
10,774
136
471
26,403
15,233
36,928
23
315
New York
159
157
527
1,128
211
48
8,477
6,568
5,211
229
15,664
19
Philadelphia
13,450
67
6,339
307
97
5,63a
286
6,483
3o4
11,224
401
4,050
116
1,495
43
5,677
96
Cleveland
10,633
2,555
4.93
53
4,023
60
21
4,098
191
10,001
81
191
1,991
82
5,678
3,687
Richmond
10,792
273
293
5.929
200
114
4,546
4,234
2,868
1,542
203
69
7,181
113
2,917
Atlanta
367
9,159
315
45 1,375
8
1,627
810
2,170
694
26,033
27,336
Chicago
38,714
764
31,196
43
51
709
3. 797
77
5.509
144
624
46
4,413
61
4,394
62
143
2,091
2,715
15
St. Louis
205
7,127
9,119
273
2,733
411
8,146
60
4,112
2,145
1,005
427
13,032
11,430
Minneapolis
623
566
156
3,150
135
7.339
75
4,108
44
6,884
4.108
241
46
2,776
2,234
2,856
542
Kansas City
251
7,487
197
197
9
35
262
Dallas
21
1,320
1,634
8,007
3,161
72
51
4,9a6
2,~54
~~~~
~~j 1~,084
j~~
6,51 2
,,198
2,6f)l
9,014
88
81
125
2,327
2. ~52
~~~
279
7
San Francisco
)7.cn4 275 14 .. 28) ),)4g
_3 404
lJ)l. 742 1 162
~7.o4)
1 020 ~2.2J)7
TOTAL
~.108
1<30. 7<38 4.488
74~
<36.1315
<315.721
Distribution of amounts finally approved by Federal Reserve bank
AEElications under consideration
Federal Reserve bank narticinations
3y Industrial
:Dy Federal
Federal
Financing
Financing
Advances
In process of
Withdrawn,reTotal
Outstanding
Advisory Committee Reserve bank
Reserve
institution
institution
completion
duQed, or exre3ank
}.!umber I Ama.unt
Nurnb er I Arnoun t
Advances I Commitments paid
AdvancesiCommitments !pi red (unused} participations guarantees
Boston
20
4,176 1, 770
491
2,784
874
1,697
127
30
175
39
377
New York
826
88
10,921
20 1,622
8,202
1,863
2,476
863
564
93
55
3,~05
Phi !adelphia
4o6
4o
12
11
5,211 3,252
32
130
30
544
971
1,553
Cleveland
160
20
100
28
264
.613
1
1,123
25
23
2,555
932
Richmond
20
412
2
167
1
300
3,687
23
1,537
765
9
39
1,5~7
Atlanta
10
41
28
24
1
107
51
1,744
1,542
30
8 9
590
Chicago
4
2,170
7,171
30
13
290
912
63
23
349
39
553
St. Louis
68
196
1,209
2,091
419
152
285
1,992
25
35
55
...
Minneapolis
16
4
136
151
56
1,581
89
135
2,14a 1,753
Kansas City
8
28
1,002
47
2,23
715
433
523
9
fJ:l
Dallas
2
22
1,634 l,o45
19
565
967
-San Francisco
_5_87
_786
2_.32_7_
1
8)
}.OOJ)
100
807
63
l90
1578
2
TOT,U,
10,21_3
4,006
1,8g9
5_,745
2,902
64 3.768
37,619
37,974 14,315
547
205.3
597
FEDEBAL RESERVE BOARD
~ Less than $500.
*Applications acted on by Indust~ial Advisory Committee adjusted for changes in amnunt applied for
DIVISION OF BAllA: OPEBATIOHS
and for withdrawals before approval or rejection by F. R. bank.
JUUARY 8, 1935.

~:

~~

--

--

--

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(Not for

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~ublication)

CLASSIFICATION OF APPLICATIONS FOR INDUSTRIAL LOANS REJECTED BY FEDERAL RESERVE EAl\IT\S
B-tn6a

(Amounts in thousands of dollars)

January 2, 1935
Re a s o n s
Federal
Reserve
Bank

Total
applications
rejected

Not established industrial
or CQ!m,1ercial
ent~)rjJrises

Otherwise
ineligible

No.

Boston
New York
Phi !adelphia
Cleveland

170 5,151
292 13.743
229
6,568
3o4 6,483

1
21
6
20

8
830
26
464

26
14
16
56

828
651
704
1,725

--

--

1

3

Richmond
Atlanta
Chicago
St. Louis

191 4,023
200 4,234
709 27,336
144 4,413

la
66
8

202
146
1,910
359

31
32
145
21

657
1,111
8,272
1,249

5

28
25
300

Minneapolis
Kansas City
Dallas
San Francisco

427
197
262
279

8,146
4,108
5,054
6,462

31
7
8
18

1,013
821
214
1,324

72
134
58
25

2,268
3,400
1,390
862

4

87

3
3

3.404 95.721

203

7,317

630

23,117

23

Total, all
Districts

r e

j

e c t i o n s

FEDERAL RF.$ERVE BOARD
DIVISIONtf BANK OPERATIONS
JANUARY 8, 1935.




l .Amount

Unsatisfactory Unsatisfactory Unsatisfinancial
business
factory
condition
prospects
management

not for
working
capital
No. l Amount No .J Arnoun t. 1-}io. I Amount

I Amount

No.

I

f o r

Ineligible

5
2

Uo.

I Amount

No.I Amount

Insufficient
security
No.

J Amoun

Rejected
for other
reasons

lro .j Amount No.

136
288
36
138

3.491
11,186
1,299
2,623

14
223
97
114

1,350
8,297
2,612
3,383

312
9
175 7,036
31
5
408
18

146
272
135
217

102
9
297
90

2,443
123

1,422

35
8
6
32

1,493
344
306
1,460

4
625
29
313
18 2,168
6
230

151
175
355
83

133
38

31
61
166
111

551
808
2,956
1,405

84
96
27
4

1,520
1,622
1,279
130

27
6
5
1

201 2,132 11
68
6oo 105
216 3,203
1
4.807
245
212

614

1,465

36,977

740

23,796

8~670

772
129
355
1

303 12,380

2,743
9,941
2,989
3,628

8

551

11
36

356
346

1
3,153
3,449
71
12,106 120
1,526 14

2,264 50,277

Total,.
including
duplications

1 Amount

34o
993
307
599

9-283
3(,941
8,020
12,577

342
5
1, 730
333
4,838 1,009
254
355

8,6o6
7,241
38,570
6,601

461
477
484
619

8,818

475
2,492
1

~.~}1

9,S72
9.a31
12 1 98

590 15,080 6,218 169,558