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-

'Not :for publication)
Federal
Reserve
Bank

.

INDUSTRIAL ADVANCES AND OOMMITMENI'S UNDER SECTION i3b OF THE FEDERAL RESERVE ACT, JUNE 19, 19,34 TO AiAY 25, 1938
(Amounts in thousa...'lds of dollars}
...
·
·
Applications approved to date by Federal Reserve banks
Applications
Applications recommended
received to date, for approval. by Industrial
Federal Reserve
Federal
Approved
Total
net
Advisory Committees to date
bank
but not
Reserve bank
advances
commitments
comNumber Amount
Number
Amount
Number Amount outstanding
outstanding pleted 1/

I

I

I

Boston
New York
Philadelphia
Cleveland

477
1,291
610
692

27,049
86,146
42,386
26,998

178
486
222
246

14,257
36,190
24,665
14,688

125
502
178
219

12,062
37,897
25,062
13,063

2,346
4,366
3,187
999

1,348
4,160
128
1,553

Richmond
Atlanta
Chicago
St. Louis

689
539
1,028
433

29,351
13,292
47,992
16,945

233
185
173
170

13,253
4,981
12,842
10,141

208
174
144
167

12,193
4,538
9,139
10,174

1,857
214
681
209

1,690
178

... Minneapolis

--

508

...
8,094
Z77
1,284
24,461
4o2
10,888
324
1,303
Kansas City
6,984
490
368
415
100
91
14,396
7,343
4,287
92
460
118
Dallas
111
932
12,556
4,559
2,958
1,178
39,076
300
13,888
293
15,469
1,999
San Francisco
13,260
Totala May
25, 1938
9,096
Jf!J~648
2 2 813,
167~695
2,5,36 158,962
18,583
13,144
May
18, 1938
9 2083
380,193
2,784
166,987
2,524 158,784
19,496
12,700
May
11, 1938
9,061
379 5 482
2,775
166,789
2 2 522 158,555
19,015
12,678
May
4, 1938
9,o4o
378,686
2,771
166,339
2 2515 157,754
19,179
13,078
February 23, 1938
8,766
367,754
2,683
160,603
2,433 152,543
19,659
13,)16
November 24, 1937
8 2 633
359,706
2,624
156~533
2,392 148,208
20,616
17,188
May
26, 1937
8,524
349,288
2,577
153,720
2,353 145,228
23,196
1/ Includes applications approved conditionally by the Federal Reserve brulks and under consideration by applicant.
2/ Does not include financing institution guaranties o:f advances and commitments made by Federal Reserve banks, which amounted
to $11,693,707 on May 25, 1938.
Notel On May 25, 1938~ there were 99 applications amounting to $5,980,300 under consideration by the Industrial
Advisory Committees and the Federal Reserve banks.
BOARD OF GOVERNORS
OF T}W FEDERAL F.ESERVE SYSTEr•.1
DIVISIOn OF BANK OPERJ.TIOHS
JUNE 1, 1938




--374

;(;)~

(with and without carlitilons}, ·
Repaid,
pired or
drawn by
plicant,

Financing
exwith- institution
ap- participations
etc. outstanding 2/

75
130

8,030
27,595
19,605
9,176

338
1,4o2
2,067
1,205

488
118
30
103

7,373
3,984
8,410
9,344

785
44
18
10

44o

5,920
5,587
3,094
7,510
115,628
114,363
113,871
113,576
109,992
105,749
89,268

314

--

1,450
3,522
3,752
5,138
4,547
2,059
1,382
8,462

--

154
225
169
1.552_
7,969
8,029
7,83·1
7,774
7,755
7,145
7,114