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«--xy' Tmv:„,. . r 0 » . LIBRARY OF, WxEEDERAL RESERVE SYSTEM BOARD OF H#X2 J (For Immediate Release) August 6, 1952 CHANGES IN COMMERCIAL AND INDUSTRIAL LOANS BY INDUSTRY Repayments of $U2 million in loans by sales finance companies and $37 million by manufacturers of metals and metal products were partly offset by relatively small increases in most other industrial categories with the result that commercial, industrial, and agricultural loans decreased $U5 million at weekly reporting member banks during the week ended July 30, Loans to sales finance companies decreased for the third consecutive week and this was the largest weekly decrease since January„ Loans to manufacturers of metals and metal products have decreased in four of the past five weeksj there has b$en relatively little net change in these loans during the past three months. Changes in loans during the week and since the year-end were as follows: Business of Borrower Week ended / July 30E/ Since / December 26^ (In millions of dollars) Manufacturing and minings Food, liquor, and tobacco Textiles, apparel, and leather Metals and metal products Petroleum, coal, chemicals, & rubber Other manufacturing and mining Trade — wholesale and retail Commodity dealers Sales finance companies Public utilities and transportation Construction Other types of business + 1 + 9 - 37 + 7 + 6 - 3 + 7 - h2 + 2 - 1 + 9 -896 - 52 +1,003 +205 + 8U -138 -575 -2U8 -168 + 28 + 25 Classified changes - net Unclassified changes - net - U3 - 2 -732 -279 Net change in commercial, industrial, and agricultural loans - U5 -1,011 p/ Preliminary} see footnote on attached table * CHANGES IB COMMERCIAL AND INDUSTRIAL LOANS OF A SAMPLE OF WEEKLY REPORTING MEMBER BANKS BY INDUSTRY AND FEDERAL RESERVE DISTRICT, WEEK ENDED WEDNESDAY, JULY 30, 1952 E. 12(a) (In millions of dollars) Phila- 1 Cleve- RichAll DisBoston mond Atlanta Chicago delphial land triotsB^ Business of Borrower Manufacturing and mining* Food., liquor, and tobacco Textiles, apparel, and leather Metals and metal products (including machinery & transportation equipment) Petroleum, coal, chemicals, and rubber Other manufacturing and mining Trade t Wholesale Retail + 1.3 + 8,5 - 2,0 + 1,3 +10,8 + 3.5 -37.1 + 6,9 + 5.5 - 1.9 + ,6 —21,8 + 3.8 + 3.3 + i.o + 7.0 JSa3.es finance companies public utilities (including transportation) Construction + 9.0 All other types of business s -U5.o 4- *2 2.U .2 4- *7 4* el #8 — 4- *1 + - - .1 - 6s 1 .5 — + 1.9 .3 1.8 4- # 1 - .3 4,- .3 .6 — *6 - - «2 *8 + + + #9 - 7«9 +1.7 - + * .5 — + — 2.1 + *2 + 2* 0 4- * 2 #8 + 6*5 w + i|^l + 1*1 - #1 - *3 + *5 + - eU - 1.5 + #2 - *1 + *1 + h*h + *1 ^ *7 + 1*1 -55.2 + 3,1 - 1.7 + 1.7 + l.o - 1.0 + 6.5 * - 2.8 - l.l - W + - 1.0 + 1.0 - - .k .3 - 1.0 -58.0 +2,0 - 6.0 + 2.0 — *1 -- + .5 - •5 — *6 ~ +1 b,5 - .8 -- #7 .2 w +1*8 — *3 e6 *5 *6 + *6 - *2 - .2 ,h — ~ - .5 .3 1«5 + 1 «4 - .2 - 2.0 - .1 - .1 + U.l + — $6 "»li7#8 + 2*0 — + Unclassified changes ~ net p/ Preliminary, final totals ™ill appear in L + 1,0 - Net change in classified loans3,/ Net_ change in commercial, industrial, and agricultural loans ,2 -•7 4- • 3 4- .1 - - mmmm *!{. ** lj.»7 + (-5-1) -Commodity dealers i/ s — - 3.1 + 1,6 San Franoisco MinneL 0 u i S apolis — *5 1.2 + 6.0 + U.0 - 2.0 ( f ) + .8 '') - 1.5 #6 - 1*1 — #1 4* 7*8 + W0 *'UiO F.R. Bulletin and final San Franci.cc District figures appear in a release of the Reserve Bank. s s ::: oent f °