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L I B MQ^MWGOV^RNORS OF THE FEDERAL RESERVE SYSTEM

H*l2V/^>)A

< $ > / (For Immediate Release)

^ 5 ^

August 27, 1952

- RESERVE-^3-

aHKNGES' IN COMMERCIAL AND INDUSTRIAL LOANS BY INDUSTRY

Increases of # 2 million i n loans to manufacturers of food, l i q u o r ,
and tobacco products, $32 million in u n c l a s s i f i e d loans, and $22 million to
public u t i l i t i e s were o f f s e t in p a r t by decreases of $27 million in loans to
manufacturers of metals and metal products and $11 million in loans t o sales
finance companies* The net increase in commercial, i n d u s t r i a l , and a g r i c u l t u r a l loans was $77 million a t weekly reporting member banks during the week
ended August 20,
The increase i n loans to manufacturers of food, l i q u o r , and tobacco
products was r e f l e c t e d in every d i s t r i c t except Kansas C i t y * A decrease of
$2 million i n loans t o commodity dealers was the f i r s t decrease in these
loans since the week ended July 2; the changes were r e l a t i v e l y small i n a l l
d i s t r i c t s with six reporting i n c r e a s e s , f i v e decreases, and one unchanged#
Changes i n loans during the week and since the year-end were as
followss

Business of Borrower

Week
ended
August 2c£/

Since
December 26£/

(In millions of d o l l a r s )
Manufacturing and mining:
Food, l i q u o r , and tobacco
T e x t i l e s , apparel, and l e a t h e r
Metals and metal products
Petroleum, coal, chemicals, & rubber
Other manufacturing and mining
Trade — wholesale and r e t a i l
Commodity dealers
Sales f i n ance companies
Public 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 types of business

+ i*2

+ 5
- 27
+ U
+ 5

-

3

2

- 11
+ 22
* 1
+ 12

-78U
- 23
+897
+250

+ 89
-1U7
-507
-281
-lUO

+ 36

+ 1*9

C l a s s i f i e d changes - net
Unclassified changes - net

+ 32

+

-56l
-232

Net change i n commercial, indust r i a l , and a g r i c u l t u r a l loans

+ 77

-793

preliminaryj see footnote on attached table*




H. 12 (a )

CHANGES IN COMMERCIAL AM) INDUSTRIAL LOANS OF A SAMPLE OF WEEKLY REPORTING MEMBER BANKS
BY INDUSTRY AND FEDERAL RESERVE DISTRICT,
WEEK ENDED WEDNESDAY, AUGUST 2 0 , 1952

B u s i n e s s o f Borrower
Manufacturing and m i n i n g :
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
M e t a l s and m e t a l 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 m i n i n g
Trade $
Wholesale
Retail

( I n m i l l i o n s of d o l l a r s )
New
P h i l a - ICleveAll Dist r i c t s p / B o s t o n York d e l p h i a j land
+ 1 . 6
.U

+ 1.2
+
.1

+
-

,2
.1

+ 2.8
+ 1 . 5

+ 1.1
+ 2,lt

+ 1.0
+
*2

**

- 2,7
— .6
+
.5

+
+
+

.2
.2
.3

-

.3

-

.1

+

2,h
+ ,9

-

-

,li

+

.3

.9
—
+
*2

-

#3
.1

—
—

-

+

.2

+

.2

-

1.5

-

l.l

+
-

*h

+ 2.3

.1

-

.1

+

.3

-

.U

-

.8
.1

+

1,1

-

.7

- 1.0

+

,1

+

.8

+

.6

+ .9

+ 2,8

,3

-

3.8

+ 1.8

-

1.6

-

.9

-

.I*

-

1.9

-f" # 2

-

.2

+

.3

-

.1

+

.1

+

.5

-

.i*

+ ,9

-

3.0

+

— .2

-

.3

-

2.0

+ 3.2

+ 3.3

- 1.0

— I4.I4

+ 8.2

—

+

.1*

+32.8

- 1.0

-

U. 0

+I4I.O

+142,0
+ 5.1

+ 3.8
+
.3

+21.6
+
.8

+
+

-26.8

+ 1.3
+
.2

-25.3
+ 5.U
+ 1.9

+ l.li

+ 3.7 "
+ lu5

(
r

+ 1.5

.9
.7

+ .6

-

—

.9

__)
)

+

1.6

- l.li

-

3.1

-

.7

+

.1

-

.7

-

2.5

-

1.6

+

.2

+

+16.2

+ 1.5

+

.9

-

.3

— 1.6

* 1.2

+

»1

+

.1

+ 1.1

-

.6

+

,6

+

-

1.5

+

3 , 3

±6
.6

San Fran—
S t . Minne- Kansas
Louis a p o l i s C i t y D a l l a s c i s c t , p /

Richmond A t l a n t a j Chicagc

.5

2,0
—

Commodity d e a l e r s

-

S a l e s f i n a n c e companies

-ll.li

-

.3

Public u t i l i t i e s

+21.9

•

3.7

Construction

- l.Ii

+ .2

-

A l l o t h e r t y p e s of b u s i n e s s

+12*1).

+

.3

+ 8.3

+ 2*li

+

Net change i n c l a s s i f i e d l o a n s 3 /

+1*5.1

+ 9.6

+27,7

-

2,0

+ 2,3

+ 3.2

- 3.0

+

U n c l a s s i f i e d changes - n e t

+31.9

-

.6

+ 6.3

—

— 2.3

+

.8

- 1.0

-l^.Ii.

-

.3

- 1,2
+ .2

Net change i n c o m m e r c i a l , 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

+77.0

+ 9.0

+3U. o

+ 14.0

— I4.. 0

— 2,0

+ 3.0

- 1.0

(including transportation)

1,1

-

2,0

—

——

.8

,8

2.k

.I4

T
.6
.2
.2

—

+

.5

-

*5

+ 7.7
+
.1
+

.9
— 1.2
-

(
r

— 1.3
+ 1.7

.7

'

.5

)

•*)

-

«5

- 1.2

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 2 2 0 w e e k l y r e p o r t i n g member banks are r e p o r t i n g c h a n g e s i n t h e i r l a r g e r l o a n s as t o i n d u s t r y ; t h e s e banks h o l d n e a r l y 95 per cent o f
~~ t o t a l commercial and i n d u s t r i a l l o a n s o f a l l w e e k l y r e p o r t i n g member banks and about JO 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