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a* CONFIDENTIAL BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM INDUSTRIAL ADVANCES AND COMMITMENTS UNDER SECTION 13b OF THE FEDERAL RESERVE ACT, JUNE 19, 1934 t o L*j^*2 /% January 20, 19b8 DECEMBER 31, \cjkl (Amounts in thousands of d o l l a r s ) Applicati ons received t o date ' net Federal ReaerveT Bank I Number l/f Amount "1 Applications recommended f o r approval by I n d u s t r i a l Advisory Committee t o date Number Amount Boston New York Philadelphia Cleveland 517 1,357 838 843 37,777 88,013 158,553 57,382 212 519 420 367 23,609 38,1*80 Richmond Atlanta Chicago S t . Louis 775 621 1,174 571 45,556 50,719 59,539 43,465 Minneapolis Kansas City Dallas San Francisco 1,475 464 481 1,325 io,44l 10,439 10,432 10,419 10,403 Total* Dec. 31, Nov. 29, Sept. 30, June 30, Dec. 31. w W W 1947 1946 Applications approved t o date by Federal Reserve Banks(with and without conditions) Financing Federal " ' Approved Repaid, exFederal Reserve Total i n stitution pired, or withReserve Bank but not Bank p a r t i cipations drawn by apcomCommitments advances Number Amount outstanding outstanding pleted 3 / p l i c a n t , e t c . outstanding 2 / 35,H5 194 539 378 342 23,357 1*3,138 140,519 37,021 304 253 307 290 27,720 44,976 23,991 31,657 271 234 273 291 27,525 41,694 19,778 32,723 49,267 133,220 14,564 90,526 497 129 133 412 32,728 26,448 6,383 55,365 14.03 25,100 120 125,568 126 6,305 403 63,998 828,581 823,342 816,968 811,460 804,230 3,843 3,841 3,835 3,824 3,811 413,168 409,393 404,963 401,377 398,268 63,666 3,574 3,573 3,566 3,555 3,542 586,726 583,986 5^7,614 572,836 565,913 1,357 490 1,612 78 4oo 351 580 27,391 40,244 19,095 32,11+3 3,750 25,100 120,568 6,260 63,855 30 • — - - - - 143 1,387 4,627 1,892 1,778 554 900 23,345 43,044 137,597 33,449 7,434 7,471 7,395 7,018 8,309 "45 945 1,375 1,229 195 4,577 572,091 56k,519 562,079 559,802 519*803 l / In some instances applications are f o r a continuing line of c r e d i t , 5 / Includes i n d u s t r i a l advances past due 3 months or more which are not included in "Industrial loans" in weekly statement of condition of the Federal Reserve Banks. 3 / Includes applications approved conditionally by the Federal Reserve Banks and under consideration by applicant. 12 9b 1,075 1,030 26 1,050 332 1,250 k.,869 5,99b 5,019 4,0U3 2,670