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C O N F I D E N T I A L MAR Z j BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM iM March 2 6 , 1948 INDUSTRIAL ADVANCES AND COMMITMENTS UNDER SECTION 13b OF THE FEDERAL RESERVE ACT, L.ii.2 JUNE 19, 1934, TO FEBRUARY 28,1948 (Amounts i n t h o u s a n d s of d o l l a r s ) Applications received t o date net Federal Reserve Bank Number l / 57,W*7 367 775 628 1,17k 570 1*5,750 58,285 59,539 301* 27,720 1,175 464 1*81 1,325 1*9,267 133,220 H*»561* 90,526 1*97 10,448 10,1*1*2 10,1*39 10,1*28 10,1*09 835,4o2 517 1,357 839 81*3 Richmond Atlanta Chicago S t . Louis Minneapolis Kansas C i t y Dallas San F r a n c i s c o 2 8 , 19k8 31» 1948 29, 19U7 30, W 28, W 212 23,609 38,1*80 63,766 35,145 Boston New York Philadelphia Cleveland Total4 Feb, Jan. Nov. Aug. Feb. Amount Number of a p p l i c a t i o n s recomA p p l i c a t i o n s ap proved t o d a t e b;f F e d e r a l Reserve Banksi ' w i t h and w i t h o u t c o n d i t i o n s ) mended f o r a p p r o v a l b y I n d u s rinanexng Repaid, e x Approved Federal F e d e r a l Reserve To1: a l t r i a l A d v i s o r y Committee t o d a t e Reserve Bank b u t n o t p i r e d , o r w i t h - i n s t i t u t i o n Bank participations drawn by a p comCommitments advances Number Amount Amount Number outstanding outstanding 2 / ioutstanding pleted 3 / p l i c a n t , e t c . l/ **" 3/ 37,777 88,013 I60,01*9 1*0,965 829,31*1 823,31*2 815,015 806,203 519 1*21 194 539 379 31*2 23,357 43,138, 11*2,016 37,086 271 52,523 23,991 3l*, 657 21*1 273 291 27,719 1*9,260 19,778 32,723 1*03 25,100 133 1*12 32,728 26,1*1*8 6,383 55,365 3,851 3,81*5 3,81*1 3,832 3,817 1*20,815 2*15,777 1*09,393 l*ol*,ol*3 399,618 3,582 3,576 3,573 3,563 3,548 260 307 290 129 120 126 1*03 125,568 6,305 63,998 596,01*8 589,986 583,986 576,161 569,1*87 866 20t* 950 1,656 1*6 3,790 11*2 359 341* 580 100 www www www mm mm mm rn.rn.mm - - - 4,906 1,972 4,627 1,858 996 ' 3,750 137 7,918 7,077 7,471 7,437 8,186 www — 145 1,025 1,375 351 4,795 27,483 12 91 949 1,190 48 42,211 2,900 19,104 32,143 330 25,100 120,568 6,260 1,250 www 63,861 576,309 574,699 564,519 561,487 552,781 — 6,770 5,213 5,994 5,028 2,729 I n some i n s t a n c e s a p p l i c a t i o n s a r e f o r a c o n t i n u i n g l i n e of c r e d i t . I n c l u d e s i n d u s t r i a l advances p a s t due 3 months or more which a r e n o t i n c l u d e d i n " I n d u s t r i a l l o a n s 1 i n w e e k l y s t a t e m e n t of c o n d i t i o n of t h e F e d e r a l Reserve Banks. I n c l u d e s a p p l i c a t i o n s approved c o n d i t i o n a l l y by t h e F e d e r a l Reserve Banks and under c o n s i d e r a t i o n by a p p l i c a n t . NOTE; I n f u t u r e t h i s s t a t e m e n t w i l l be i s s u e d s e m i - a n n u a l l y as of June 30 and December 31. — ——— 23,345 43,047 139,151 34,036
@FedFRASER