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INDUSTRIAL ADVAHCES BY FEDERAL RESERVE BAlTKS -- SUMMARY OF APPLICATIONS, APPROVALS, REJECTIOUS AND COMMITLG:TTS, TO OCTOBER

(Not :tor -publication)
Net applications
received
Nwnber I Amount

Federal
Reserve
Bank
Boston
New York
Philadelphia
Cleveland
Ri ch.'llOnd
Atlanta
Chica&O

199
375
280
389
2o4
292
685
227
537
210
306
434

st. louis
Minn~lis

Kansas City

Dallas
San Francisco

9.039
19,862
13,257
10,479
6,253
6,676
24,661
8,110
11,988
5.859
8,296
13,615

(Amounts in thousa.'l'lds of dollars)
Approval recommended by
Rejections recornmende<
Industrial Advisory Committee
by Industrial
Applications rejected
With conditions
J Unconditionally
Adviso~ Committee
by F. R. baclc
liJ'u."'llber I Amount
I Number I Amount
Number I Amount
Number I .Ar-..ount

22
15
39
50
19
47
10
-64
10
23
17

2,293
1,498
2,273
1,994
957
1,261
733
-2,3~9

466
1,077
370

32
70
27
20
28
40
50
40
44
23
31
32

1,927
3,768
1,936
761
1,287
907
2,832
1,911
931
1,420
704
1,332

124
213
151
238
134
157
556
115
273
166
216
133

3,638
9,257
7.311
4,039
2,068
3,245
17,218
3.758
5,291
3.494
4,582
3,730

124
185
160
249
134
152
569
115
277
166
217
136

31, 1934
:S-816

Applications under
consideration
Number
Amount
I

3,888
7,960
7,4o6
4,514
2,o68
3,169
18,340
3.758
5.391
3,494
4,557
3.748

1,817
7,139
3,474
3.693
1,954
1·,670
4,052
2,441
3, 763
728
2,441
8,191

31
l06
86
82
24
63
76

1~~
17

2§~
1,015

'IDTAL

auoroved by Federal Reserve Bank
Distribution of applications approved unconditionallyWith conditions
Unconditionally
Federal Reserve bahlc participations only
II
F.R.Bank j Financing Withqrawn
Commitments approved.
Advances an~roved
Nu..11ber
Amount
Number particiinstitution or reduced 'Not yet 1 Expired
OutFunds not
Funds
1
pation
participatia:: a;~;~~al executed t(unused)
standing disbursed
disbursed
~lications

Federal
Reserve
Bank
Boston
New York
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
St. Louis
Minneapolis
Kansas City
Dallas
San trancisco
TOTAL

I

I

I

Repayments

Advances
out ...
standing

398
35
2,972
-113
_475
-957
25
1,4o2
~
1,402
1,027
73
3,684
63
256
1,375
1
715
872
465
18
447
367
27
1,654
281
50
--36
1,297
271
2
269
1,511
20
682
79
16o
48
-105
202
167
1
166
954
28
1,163
114
2
--119
168
874
-874
925
40
912
--123
-265
5
519
3
516
677
34
1,472
120
50
---787
635
1
6~
595
27
1,197
119
2
105
-656
43
391
9
382
2,001
41
807
26
9
---69
729
41
688
217
23
854
566
4
--172
462
216
~1
215
19
594
31
7o4
-19
---143
542
1
541
16
362
29
1,314
-6
570
-193
530
15
-15
1 --~--~~----~--~----~~--~~----~231
9,628
408
17,415
1,368
671
2,696
1
3,218
4,6o3
6,226
77
6,149

FEDERAL RESERVE BOARD
DIVISION OF R~1~ OPERATIONS
:tfOJDmER 5, 1934.




~ Less than

$500.

(Not for publication)
CLASSIFICATION OF APPLICATIONS FOR INDUSTRIAL LOANS REJECTED BY FEDERAL RESERVE BANKS
B-816
(Amounts in thousands of dollars)
To October 31, 1934
Re a s o n s

f o r

r e

j

e c t i o n s

Ineli,e:ible
Total
apl)li cations
rejected

Federal
Reserve
Bank

l~o.

Boston
' !Jew York
Philade 1phi a
Cleveland

124
.185
160
249

I.Ar.aount
3,888
7.960
7,406
4,514

lTot established indu."3tria.l
or conn,lercial
enterprise
lio.
T&'"10unt
8
1
96
5
16
5
17
313

Uot for
working
ca.uita1
No. IA:nount
24
618
8
585
682
13
1,530
52

Otherwise
ineligible

Unsatisfactory Unsatisfactory
Unsatisfinancial
business
factory
condition
prospects
management

!To. !Amount ,uo. j.Amou..-·J.t
104 2,980
182
7.353
18
1
3,191
3
120 1,872

--

----

---

No. I.Ar:1ount
11 1,125
135 5,225
60 1,818
2,283
75

No.
7
108
5
13

I Amount

Insufficient
security

IA'lloun
. t

No. !Amount
1
25
109 2,055
168 6,750 -290
7
97 4,854
32
323
179 2,769

No •

142
4,887
31
284

Rejected
for other
reasons

--

Total,
including
duplications
No. T Amount '
6,953 '
257
606 24,896
206 10,885
488
9.374

I

I .Atlanta
Richmond
Chicago
St. Louis
1

11
4
51
5

166
145
1,417
84

1

ia

355
691
5.755
1,120

5.~91

29

45
110
50
20

1,038
2,871
1,433
668

496 17,346

277
166
217
136

3. 94
4,5a7
3.7 8

12

988
815
211
1,136

2,484

68,293

152

5.395

Minneapolis

Kansas City
Dallas
San Francisco

24
23

134 2,068
152 3,169
569 18,340
115 3.758

5

7

6
5
2

95
14
300

. ' 65
7
256
75

1,020
108
7.570
1,170

20
5
2
23

396
139
254
1,282

2
27
11
3

25
532
871
53

100
131
287
71

1,536
2,507
8,362
1,223

1
5
45 1,247
84 2,810
2
17

229
247
806
193

4

87

391
638
2,621
724

33
92
26
1

822
1,545
1,427
75

21
5
5
1

621
122
355
1

122 1,283
516
59
181 2,947
llO 2,751

11
475
85 2,022
1
1
78 1,349

408
425
278

29,638

483

16,391

208

7,924 1,614 37.553

347 8,564

--

--

3
2

133
37

22
52
152
54

23

669

1,107

--

--

2~7

j , 598

5,383
27,~9

4, '9
5,705
8,529
9,128
6,741

I

Total, all
Districts

FEDERAL RESERVE BO.A.RD
DIVISION OF BAl~ OPERATIONS
NOVD,IDER 5, 1934.




- -

----

------

4,430 123,480