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BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
(For Immediate Release)

H.12

December 4, 1957

CHANGES IN COMMERCIAL AND INDUSTRIAL LOANS BY INDUSTRY
Most classified business categories reported net repayments during the
week ended November 27, and commercial and industrial loans decreased $240 million
at weekly reporting member banks.
The principal net repayments were $77 million in loans to sales finance
companies, $57 million to manufacturers of metals and metal products, and $49 million to "other" types of business.
The only net increases reported were $24 million in loans to public
utilities, $14 million to manufacturers and producers of petroleum, coal, chemicals
and rubber products, and $4 million to commodity dealers.
A decrease of $17 million in loans to manufacturers of food, liquor, and
tobacco products was the first decrease in this category since July; it was reflected in all districts.
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
Manufacturing and mining:
Food, liquor, and tobacco
Textiles, apparel, and leather
Metals and metal products
Petroleum, coal, chemicals,
and rubber
Other manufacturing and mining

Cumulative since mid-year
Week
June 25% 1957
June 27, 1956
ended ,
to
,
to
Nov. 28, 195&
Nov. 27^/
Nov. 27, 19572/
~
~ (In millions of dollars)
- 17
- 20
- 57

+350
-139
-541

+
-

654
9
224

+ 14
- 9

+ 6l
- 90

+
+

486
79

+
+
-

l4
4
77
24
6
49

+225
+337
-671
- 20
- 31
- 77

+ 257
+ 635
- 4l8
+ 214
57
+ 154

Classified changes - net
Unclassified changes - net

-208
- 32

.594
-390

+1,771
- 232

Net change in commercial and
industrial loans

-240

-984

+1,539

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

p/ Preliminary; see footnote on attached table.




H.12(a)

CHANGES IK COMMERCIAL AND INDUSTRIAL LOANS OF A SAMPLE OF WEEKLY REPORTING MEMBER BANKS
BY INDUSTRY AND FEDERAL RESERVE DISTRICT,
WEEK ENDED WEDNESDAY, NOVEMBER 27, 1957
Business of Borrower

Manufacturing and mining:

NewFPhila- Cleve- RichAll DieSt.
Minne- Kansas
San Frantricts P/ Boston York delphia land
mond Atlanta Chicago Louis apolis City Dallas cisco P,/
(In millions of dollars)

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:
Wholesale
Retail

17.1
20.4
56.9
14.1
9.3

r

- .9 - 7.0 -

- 3.7 - 21.2 - .8
- 1.1 + 13.1 + .4
- 4.0 .4 - .4

lkml

•5
+ 1.4

15•5
+ 2.9

-

+

]

- .7 - 1.0
- 1 . 0 - 1.0

- .1
- -9

- 3.7
+ 2.5

- .6
-3.4

- .4
- -3

-1.1
+ .2

+

- 6.0 - 1.4 +
- .5

.4
.6
.6

-1.4
-18.7
+ .4 + 2.2
-1 • 1 - .9

-1.3
- .6
- .7

-3.1
+ .4
- .2

- .4
- .6

+
+

- .6
—

+
-

.4 .4 -

.6
.4

+ .3
- .1

-

.2
.6

+1.1

- .7

+ .4
- .7

+ .2
+ .1

4.9

- .7

-

.1

.1

+2.4

+ 1.6

+7.6

-2.6

- .9

-8.1

7-8 - • 5
7-1 - 2 . 7

—

(
(

.3
.3

not

.1
.7
•5

avail

.6

Commodity dealers

+

Sales finance companies

- 77.4

- 9-7 - 34.6

-3.3

-10.2

- 6.8

+ .8

- 8.6

-2.6

-1.4

- .2

-

Public utilities (including transportation)

+ 24.2

+

+2.5

- 2.0

+

.5

-2.7

+11.1

+ -3

+ .8

+ .4

+ .2

Construction

-

5-9

- 1.1

-7

.4

- .1

- 1.0

- .5

- •1

+ .7

- 3.3

All other types of business

- 49.1

•5

3.5

.5

.9

+ 12.2
-

.1 - .1

-

-

able

.8

34.3

- .1

+ 1.2

- 2.7

+1.0

-10.3

- .8

+ .6

+ .2

- 3.4

Net change in classified loans l/

-208.4

-26.7

- 87.9

-6.3

-21.4 - 1 2 . 1

-1.5

-26.6

-2.2

-6.6

-1.4

-15.7

Unclassified changes - net

- 31.6

+

- 21.1

- .7

- 1.6

- .5

-

+ .2

-2.4

- .6

-

Net change in commercial and
industrial loans

-240.0

-26.0 -109.0 -7.0

-2.0

-27.0

-2.0

-9.0

-2.0

-16.0

.7

- 4.9

-23.0 -17.0

.4

.3

p/ Preliminary; final totals will appear in the F. R. Bulletin and San Francisco District figures appear in a release of the Reserve Bank.
1/ About 210 weekly reporting member banks are reporting changes in their larger loans as to industry; these banks hold over 90 per cent of total
commercial and industrial loans of all weekly reporting member banks and nearly ?0 per cent of those of all commercial "banks.




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