The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
<5»Of GOVERtiO^ ^ x
^
{
V
%
LIBRARY
j
BOARD 0^/^VERNORS OF THE^EDERAL RESERVE SYSTEM
H.12
^ ^ F o E ^ a e t i ' a t e Release)
December 3 , 1952
CHANGES I N COMMERCIAL AND INDUSTRIAL LOANS BY INDUSTRY
I n c r e a s e s o f $23 m i l l i o n t o manufacturers and producers of p e t r o leum, c o a l , c h e m i c a l s , and rubber products, $21 m i l l i o n t o manufacturers of
food, l i q u o r , and tobaccb p r o d u c t s , $9 m i l l i o n to t h e w h o l e s a l e and r e t a i l
t r a d e , and $8 m i l l i o n t o manufacturers o f metals and metal products were
l a r g e l y o f f s e t by a d e c r e a s e of $ljO m i l l i o n i n u n c l a s s i f i e d loans# Other
changes were r e l a t i v e l y small, and t h e net i n c r e a s e 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 during t h e
week ended November 26 was o n l y $llt m i l l i o n *
An i n c r e a s e i n l o a n s t o commodity d e a l e r s of $13 m i l l i o n i n the
New York D i s t r i c t was o f f s e t i n p a r t by d e c r e a s e s i n t h e S t . Louis and
D a l l a s d i s t r i c t s ; t h e n e t i n c r e a s e was o n l y $U m i l l i o n a t a l l r e p o r t i n g
banks* t h e s m a l l e s t weekly i n c r e a s e s i n c e August 27, Following s i x weeks
of net i n c r e a s e s , l o a n s t o s a l e s f i n a n c e companies d e c l i n e d $7 m i l l i o n .
Changes i n loans during t h e week and s i n c e mid-year were as
followss
B u s i n e s s of Borrower
Week
ended
j
November 262/
Since j
June 25—
( i n m i l l i o n s 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 , a p p a r e l , and l e a t h e r
Metals and metal products
Petroleum, c o a l , c h e m i c a l s , & rubber
Other manufacturing and mining
+ 21
- 6
+ 8
+ 23
1
+691
- 7
- 29
+2 Oli
+71
9
U
7
5
1
1
+227
+653
+138
- 70
+21
+128
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
+ 5U
2 ItO
+2,027
+ 65
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
+ 1U
+2,092
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
p/
+
+
+
-
p r e l i m i n a r y } s e e f o o t n o t e on a t t a c h e d t a b l e .
H.12(a)
CHANGES IN COMMERCIAL AND INDUSTRIAL LOANS OF A SAMPLE OF WEEKLY REPORTING MEMBER BANKS
BY INDUSTRY AND FEDERAL RESERVE DISTRICT,
WEEK ENDED WEDNESDAY, NOVEMBER 2 6 , 1952
Business of Borrower
( i n m i l l i o n s of d o l l a r s )
New
P h i l a - CleveA l l Dis-,
t r i c t s E ? Boston York de l p h i a land
Manufacturing and mining?
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
H e t a l s and metal products ( 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)
Petroleum, 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*
Wholesale
Retail
+ .It
+ 1.U
+ l.it
- 1.1
+ .2
-1.0
+
.2
.8
.1
+ 5*8
+ 5.9
- .2
+
.1
.3
+
+
-
.3
.2
+
.1
+
+
.6
.2
*
-
.2
.5
- 3.U
+ 2.
+
.3
-
+
+
.5
+
+ 2.3
.9
.3
.6
- it. 3
+ 1,0
- 5.8
+ 1.1
- l.it
+
- .5
+ 2. 0
+ 1.0
+
,5
+21,2
- 6*2
+ 3.7
- 1.9
+ 9»b
- 2,0
+
.1
.3
+ 2.it
- .5
+ 7.8
+23.1
- 1.0
- 1.9
+ .it
- 1.8
+ ;3
+iit.2
+ 3.5
+ .6
+ l.it
+ .6
+ 1.8
+ 2,5
- .3
+
-
+
.7
.5
+ l.it
+ 1.8
+
+
+
+12.7
+ .7
+ 2.6
- .3
+ 1.2
-
.2
(
rto)
9
r
*
2
)
.5
—
San Franr
S t . Minne- Kansas
Dallas
ciscoP,/
a
p
o
l
i
s
Louis
City
Richmond A t l a n t a j Chicago
.8
.3
+
-
.7
.6
—-
.6
-
.2
——
-—
-
—
.2
"
+
-
.9
.7
+
.it
.2
-
.3
.1
+ .5
- 1.5
- 1.1
+
+
.8
.8
C , 2 )
(+ 1.2 )
——
+ 2, it
- .3
+
.6
.it
- 1.3
- .3
+ 2.5
-2.1
+ 1.1
-3.0
+
+
+
.1
.2
- 1.3
- 3.1
+ .6
#1
+
.2
#2
-
.3
Commodity d e a l e r s
+ 3.7
S a l e s - f i n a n c e companies
-6.9
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 )
+ it. 9
- .5
- 5.1
+ 1.8
Construction
-
*9
-
.2
- 1.7
+
.6
-
.6
+
.9
+ 1.1
+
*6
+
.it
-
A l l o t h e r t y p e s of b u s i n e s s
-
*5
-
.it
- 3.5
+
.7
+ 1.3
-
.3
+ 1.3
+ 3.3
-
.5
-
#6
—
- 1.5
.6
- .9
— 2.6
- 1.2
+
.7
#8
Net change i n c l a s s i f i e d loans^Z •
+5h,k
- 6.1
+3 9. it
+ 5.3
+ 9.0
+ 1.2
+ 7,1
+12.0
- ii.Zi — 2 . 0 + 2 . 5
-10.it
+
U n c l a s s i f i e d changes - net
-itO.it
- 2.9
-32.lt
- 1.3
-2.0
+ 1.8
+
•9
- it. 0
+
.it
- 3.0
- 5.5
+ l.it
+ 6.2
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 loans
+iit.o
- 9.0
+ 7»o
+ it.o
+ 7.0
+ 3.0
+ 8.0
+8.0
- it.o
- 5.0
- 3.0
- 9.0
+ 7.0
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 210 weekly r e p o r t i n g member banks a r e 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 ; t h e s e banks hold over 90 per 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 w e e k l y r e p o r t i n g member banks and about 70 per c e n t of t h o s e of a l l commercial banks*
@FedFRASER