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C 0 NF I DE N T I A L October 24, 1946 BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM INDUSTRIAL ADVANCES AND COMMITMENTS UNDER SECTION 13b OF THE FEDERAL RESERVE ACT, JUNE 19, SEPTEMBER 30, 1946 (Amounts in thousands of dollars} Applications received to date net Yed.era1 R~serve \Bank Number ~~ Amount ' Applications recommended Applications approved to date by for approval by Industrial Federal Reserve Advisory Committee to date Total Bank advances Number Amount Number !Amount outs tanding 2/ t Boston\ New Yori,c Philadelphia Cleveland 517 1,356 827 830 37,777 86,013 149,644 53.352 212 518 412 356 23,609 38,130 61,554 33,515 194 538 370 329 23,357 41,138 132,518 34,091 Richmond·. Atlanta Chicago -St. Louis 773 614 1,1&:) 565 45,038 42,806 58,208 40,080 303 246 303 285 271 &:;0 37,880 23,060 31,472 2&:; 227 270 286 27,007 33.782 19,077 31,838 Minneapolis Kansas City Dallas San Francisco 1,475 49,267 133,220 14,5~ 90,476 32,728 26,447 6,383 55;365 403 120 126 403 25,100 481 1,324 497 129 133 412 10,395 10,393 10,383 . 10,378 10,3€4 800,445 796,740 788,977 7e3,Ba7 776,507 3,806 3,804 3. 794 3. 769 3, 775 Total: Sept. Aug. June Mar. Sept. 4~ 30, 31, 29, 31, 29, 1946 1946 1946 .1946 1945 397,833 3,535 394,363 3.533 387,133 3.524 382,938 - 3; 5J9 379,070 3,505 125,5~ 6,305 63,998 563,779 559.974 552,711 547,581 540,241 65 4 1,037 --- ----------------- 1,106 1,158 1,210 1,536 3,166 Federal Resfl.ri'e Banks(wi.th and without co~ditions) Federal ApprOved Reserve Bank but not Commitments comoutstanding pleted 3/ -----498 671 ...... ---1,670 1,800 Financing Repaid, expi red, or with- institution participations drawn by applicant, etc. ou.tstanding 23,279 40, 76o 128,983 31,311 13 374 330 309 26,954 33.782 18,508 27' 798 11 ---450 ------·-----4,400 163 8 45 200 25,100 120,568 6,016 63,790 6,254 5,981 5,366 2,063 4,291 8,115 5,195 615 755 130 546,849 546,213 544,410 542,213 530,636 --- 42 382 4,040 ---187 --- --150 81 --- 1 .. 455 1,427 1,110 1,014 2,018 1/ In some instances applications are for a continuing line of credit. Includes industrial advances past due 3 months or more whi~h ure not included in nindustria1 loans" in weekly statement of condition of the Federal Reserve Banks. Includes applications approved conditionally by the Federal Reserve Banks and under consideration by applicant. 3/ y