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BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
H.12

(For Immediate Release)

December 2, 1959

CHANGES IN COMMERCIAL AND INDUSTRIAL LOANS BY INDUSTRY
Commercial and industrial loans decreased $22 million at all reporting
member banks during the week ended November 25. The principal net decreases were
$32 million in loans to manufacturers of textiles, apparel, and leather products,
$18 million to manufacturers of food, liquor, and tobacco products, and $21 million
to unclassified borrowers.
Partially offsetting net increases were $29 million in loans to commodity
dealers and $25 million to manufacturers of petroleum, coal, chemicals, and rubber
products.
Changes in loans during the week and since mid-year are shown below; the
third column shows the changes during the comparable period last year.

Business of Borrower

Week
ended /
Nov. 25^

Cumulative since mid-year
July 1, 1959
July 2, 1950
to
,
to
Nov. 25, 1959^
Nov. 26, 1958
(in millions of dollars)

Manufacturing and mining:
Food, liquor, and tobacco
Textiles, apparel, and leather
Metals and metal products
Petroleum, coal, chemicals,
and rubber
Other manufacturing and mining

-18
-32
+ 4

+
-

470
50
251

+530
-193
-430

+25
-13

+
+

180
24

+ 10
-118

Trade—wholesale and retail
Commodity dealers
Public utilities and transportation
Construction
All other types of business

+11
+29
+ 9
-12
- 3

+
+
+
-

460
575
319
15
137

+323
+398
+ 89
+ 49
+244

Classified changes - net
Unclassified changes - net

- 1
-21

+1,576
- 168

+902
-251

Net change in commercial and
industrial loans

-22

+l,4o8

+651

j>/ Preliminary.
Note: Cumulative figures in the last column are not strictly comparable with
current figures because of revised loan classification beginning with week ended
July 8, 1959.




CHANGES IN COMMERCIAL AND INDUSTRIAL LOANS OF A SAMPLE OF WEEKLY REPORTING MEMBER BANKS
BY INDUSTRY AND FEDERAL RESERVE DISTRICT,
WEEK ENDED WEDNESDAY, NOVEMBER 25, 1959

H.12(a)

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

All Districts P/ Boston

New
York

St.
Phila- Cleve- Richmond Atlanta Chicago Louis
delphia land
(In millions of dollars)

-18.4
-32.3

- 1-3
- 6.1

-23.0
-20.8

+1.0

+ 3.9

- 1.9
- 1.0

+20.0
+32.3
- 3-5

+24.8
-12.6

- 2.8

+ .5
- .4

+ -3
-1.0

-1.9

+ .5

+ .1

- .5

+1.0

- -3

—2.0

+ -3

- .7
+ .1

+ .6
- •9

+

•3
+ •9
•7

- 9.1

.2
•3

-12.1
-

+ 1.4
- 1.2
-

+

-5

San FranMinne- Kansas
apolis City Dallas cisco P/
+
-

.3
-3

+1.0
-

*3

.6 - 1.6
- .6
-2.0
.2 - 1*7 - -7

.6

+
-

.3

+

2.1

•9

Not

•3
"

Trade:
Wholesale
Retail

) - .8

(

(+11.1)

+15.8 +2.7

+6.2

+.6

-«9

- 9*3

+ .2 - .7 + .1 ( 2.0)
)
- 1.2 - .4 + .5 (
+12.2 - 3-6 +2.2

+ 3-4

-1.0

- .5

- .2

- .5

-

-9

-7

Commodity dealers

+28.7

+ .6

+12.3 +2.7

+ .4

+ .7

+1-3

+

Public utilities (including transportation)

+ 8.6

+ 2.4

+ 1.8 +3.3

-7.2

+1.1

+1.6

+ 5.6

+

.7 ~

«7

Construction

-11.9

-

.1

—4.6

— .1

— .6

— .6

— 2.1

-

.2

.7

All other types of business

- 2.5

+ .1

+ 1.7

+2.1

+1.5

-3.2

+ .7

+ 2.2

+

.7 -

.6

-10.9

+35.4

+7«7

- «6

-1.6

+1.2

-25.6

+ .6

+ .6

+ .8

-

-1.0

+2.0

-26.0

Net change in classified loans 1/

-

Unclassified changes - net

-21.4

-

.1

-30.4 + «3

Net change in commercial and
industrial loans

-22.0

-11.0

+ 5.0 +8.0

.4

-

avail-

.
8

«7

.7

- .7

- 2.2

.3 -1.4

- 6.6

+13.8

9.7 + .8

-11.1

- 3.8

1.3 -2.8

+ .1

+15.0

+10.0 -11.0 -2.0

-11.0

+15.0

-

+

able

p/ Preliminary; final totals will appear in the F. R, Bulletin and San Francisco District figures appear in a release of the Reserve Bank.
*l/ About 210 weekly reporting member banks are reporting changes in their larger loans as to industry; these banks hold about 95 psr cent of
total commercial and industrial loans of all weekly reporting member banks and about 75 P^r cent of those of all commercial banks.

i




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