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BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
H»12

(For Immediate R e l e a s e )

A p r i l 16, 1952

CHANGES I N COMMERCIAL AND INDUSTRIAL LOANS, BY INDUSTRY AND PURPOSE
Repayments of l o a n s of $37 m i l l i o n by s a l e s f i n a n c e companies, $30
m i l l i o n by commodity d e a l e r s , $21 m i l l i o n by m a n u f a c t u r e r s of f o o d , l i q u o r ,
and tobacco p r o d u c t s , and $15 m i l l i o n each by m a n u f a c t u r e r s of m e t a l s and
m e t a l p r o d u c t s and by p u b l i c u t i l i t i e s were t h e p r i n c i p a l f a c t o r s i n t h e
d e c r e a s e of $123 m i l l i o n i n commercial, i n d u s t r i a l * and a g r i c u l t u r a l l o a n s a t
weekly r e p o r t i n g member banks d u r i n g t h e week ended A p r i l 9.
The d e c r e a s e i n l o a n s t o m a n u f a c t u r e r s of m e t a l s and m e t a l p r o d u c t s ,
about t w o - t h i r d s of which was i n t h e Chicago D i s t r i c t , was t h e f i r s t weekly
decrease i n t h i s category since l a s t April.
The o n l y b u s i n e s s e s i n which n e t i n c r e a s e s were r e p o r t e d were manuf a c t u r e r s of p e t r o l e u m , c o a l , c h e m i c a l s , and r u b b e r p r o d u c t s , m a n u f a c t u r e r s of
t e x t i l e s , a p p a r e l , and l e a t h e r , and t h e w h o l e s a l e and r e t a i l t r a d e .
Changes i n l o a n s during t h e week and s i n c e t h e y e a r - e n d were a s
follows:

B u s i n e s s of Borrower
Manufacturing and m i n i n g :
Food, l i q u o r , and t o b a c c o
T e x t i l e s , a p p a r e l , and l e a t h e r
Metals and m e t a l p r o d u c t s
P e t r o l e u m , c o a l , c h e m i c a l s , and rubber
Other m a n u f a c t u r i n g and mining
Trade — w h o l e s a l e and r e t a i l
Commodity d e a l e r s
S a l e s f i n a n c e companies
P u b l i c u t i l i t i e s and t r a n s p o r t a t i o n
Construction
Other t y p e s of b u s i n e s s
C l a s s i f i e d changes - n e t
U n c l a s s i f i e d changes - n e t
Net change i n commercial, i n d u s t r i a l , and a g r i c u l t u r a l l o a n s

Week
ended .
Since
.
A p r i l 92/
Decanber 26R
( I n m i l l i o n s of d o l l a r s )
- 21
+ 3
- 15
+ 8
- 9
+ 1
- 30
- 37
-15
- 1
~ 7
-123
—*

-539
+21
+939
+173
+52
-128
-385
-35u
- 68
~ 32
~
-369
-17u

-123

-5u3

~ 13
-110

+575
-9hU

Purpose C l a s s i f i c a t i o n
Defense
Non-defense
p / P r e l i m i n a r y ; see f o o t n o t e on a t t a c h e d t a b l e




E,12(a)

CHANGES IN COMMERCIAL AND INDUSTRIAL LOANS OF A SAMPLE OF WEEKLY REPORTING MEMBER BANKS
BY INDUSTRY, PURPOSE, AND FEDERAL RESERVE DISTRICT,
TtlEEK ENDED WEDNESDAY, APRIL 9 , 1952
Business of Borrower

M a n u f a c t u r i n g and minings
F o o d , l i q u o r , and t o b a c c o
T e x t i l e s , a p p a r e l , and l e a t h e r
Metals and metal p r o d u c t s ( i n c l u d i n g
machinery & t r a n s p o r t a t i o n equipment)
P e t r o l e u m , c o a l , c h e m i c a l s , and rubber
Other m a n u f a c t u r i n g and mining
Tradej
Wholesale
Retail
Commodity t t e a l e r s
S a l e s f i n a n c e companies
Public u t i l i t i e s (including t r a n s p o r t a t i o n )
Construction
A l l o t h e r t y p e s of b u s i n e s s
Net change i n c l a s s i f i e d l o a n s l /
U n c l a s s i f i e d changes - n e t
Net change i n c o m ' l , i n d ' l , & a g r ' l loans
Purpose C l a s s i f i c a t i o n
Defense c o n t r a c t s
Defense-supporting a c t i v i t i e s ;
P l a n t and equipment
All other
Non-defense a c t i v i t i e s j
I n v e n t o r y and working c a p i t a l
P l a n t and equipment
R e t i r e m e n t of non-bank d e b t and
preferred stock
A l l o t h e r ( f o r loans c l a s s i f i e d )
Net change i n c l a s s i f i e d l o a n s l /

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p / P r e l i m i n a r y ; f i n a l t o t a l s w i l l appear i n t h e F,R. B u l l e t i n and f i n a l San F r a n c i s c o D i s t r i c t f i g u r e s appear i n a r e l e a s e of t h e Reserve Bank.
l / About 220 weekly r e p o r t i n g member banks are r e p o r t i n g changes i n t h e i r l a r g e r loans as t o i n d u s t r y and p u r p o s e ; t h e s e banks hold n e a r l y 95 P e r
"*t c e n t of
 t o t a l commercial and i n d u s t r i a l loans of a l l weekly r e p o r t i n g member banks and about 75 per c e n t of t h o s e of a l l commercial b a n k s ,



Federal Reserve Bank of St. Louis, One Federal Reserve Bank Plaza, St. Louis, MO 63102