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( C O N F I D E N T I A L November 18, 1947 BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM INDUSTRIAL ADVANCES AMD COMMITMENTS UNDER SECTION 13b OF THE FEDERAL RESERVE ACT, JUNE 19, Kyfo t o OCTOBER 51, 19^7 L.4.2 (Amounts i n thousands of d o l l a r s ) Federal Reserve Bank Applications r e c e i v e d t o date neib Applications' recommended f o r approval by I n d u s t r i a l Advisory Committee t o date, i < " 1 ' Amount Boston New York Philadelphia Cleveland 517 1,357 837 81*3 37,777 88,013 157,474 57,382 212 519 419 367 23,609 38,480 63,657 35,145 194 539 377 341 23,357 43,138 139,440 36,121 Richmond Atlanta Chicago S t . Louis 775 616 1,171+ 570 45,472 44,356 59,539 40,965 304 248 307 289 27,720 39,430 23,991 32,157 271 229 273 291 27,440 35,332 19,778 32,723 Minneapolis Kansas C i t y Dallas San F r a n c i s c o 1,175 m 1+81 1,325 49*267 133,220 14,564 90,526 497 129 133 412 32,728 26,448 6,383 55,365 403 , 120 126 403 25,100 125,568 6,305 63,998 io,434 10,432 818,555 816,968 813,853 808,525 800,853 3,836 3,835 3*828 3,821 3,807 405,113 404,963 403,313 400,773 397,863 3,567 3,566 3,558 3,552 3,537 578,300 577,614 574,999 571,408 564,587 Totals Oct, Sept. July April Oct. 31,1917 30,1947 31,l9it7 30,191*7 31,19I46 lo,ir23 10,414 10,396 Amount 1, A p p l i c a t i o n s approved t o date Total F e d e r a l Reserve Bank Number Amount advances outstanding 2 / , Number l / Number t by F e d e r a l R<pserve Bank]pi w i t h and withoii t c o n d i t i o n s ) TP4 4 QY Federal AoDroved *RWq p r i rj y W Aw * X U M l i v X i i E Reserve Bank b u t not p i r e d , or w i t h - i n s t i t u t i on Commitments comdrawn by ap* p a r t i c i p a t i ons outstanding p l e t e d 3 / plicant, etc. outstanding mmmmmm — —— 1,858 - —— 43 - - - mm mm mm 875 1,452 81 400 28 580 420 24 650 mmmmmm 3,750 —— 150 1,901 1,892 1,732 1,109 1,078 45 7,316 7,395 6,886 1,139 1,229 1,902 7,279 8,654 5,371 4,475 23,345 43,044 135,247 33,257 12 94 l,46o 992 27,265 33,882 19,093 32,143 27 1,050 7 25,100 120,568 6,260 63,848 563,052 562,079 560,577 555,033 547,275 1,250 — - 4,892 5,019 3,902 2,616 3,105 l / In s-ome 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 . 2 / Includes i n d u s t r i a l advances p a s t due 3 months or more which are n o t included i n " I n d u s t r i a l loans" i n weekly 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. 3 / 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 Federal 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 *
@FedFRASER