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BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
H.12

(For Immediate Release)

February 1, 1956

CHANGES IN COMMERCIAL AMD INDUSTRIAL LOANS BY INDUSTRY
Most industrial classifications participated in the decrease of $114 million in commercial and industrial loans at weekly reporting member banks during the
week ended January 25• The only substantial offsetting increase was $15 million in
loans to manufacturers and producers of petroleum, coal, chemicals, and rubber
products.
The principal decreases during the week were $38 million in loans to
sales finance companies, $20 million to manufacturers of food, liquor, and tobacco
products, $17 million to "other" types of business, and $36 million to unclassified
borrowers.
Changes in loans during the week and since the mid-year are shown below;
the third column shows the changes during the comparable period last year:

Business of Borrower

Week
ended
Jan. 25^'

Cumulative since mid-year
June 29, 1955
June 30, 1954
to
to
Jan. 25, 19562/ Jan. 26, 1955
(in millions of dollars)

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

- 20
- 1
+ 6
+ 15
- 1

+
+

Trade--wholesale and retail
Commodity dealers
Sales finance companies
Public utilities and transportation
Construction
Other types of business

+
+

369
77
292
287
73

+380
+ 3
-542
+ 87
- 72

- 7
- 13
- 38
+ 1
.
~
k
- 17

+
+
+
+
+
+

262
427
490
63
103
284

+ 4
+457
+ 37
-235
+ 85
+ 52

Classified changes - net
Unclassified changes - net l/

- 78
- 36

+2,725
337

+258
-148

Net change in commercial and
industrial loans l/
Loans reclassified on October 5

-114

+2,388
+ 318

+110

Total

4-

+2,706

p/ Preliminary; see footnote on attached table,
l/ Prior to the week ended January 11, 1956, unclassified changes and total net
change include changes in agricultural loans, which are now reported separately.



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, JANUARY 25, 1956
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:
Wholesale
Retail

Phila- Cleve- Rich- Atlanta Chicago St. Minne- Kansas Dallas San FranNew
All DisBoston
cisco P /
Louis apolis City
mond
tricts P/
York delphia land
(In millions of dollars)

(
R

7

7

V

X

- )

- 1.1

-

.1

- 3.4

- 2.4

+ 1.3

- 1.9

.4

+ 2.5

-

All other types of business

-16.8

- 1.6

-13.7

+ 1.0

-

Net change in classified loans 1/

-78.1

- 6.9

+ 3.7

-

.2

- 4.6

- 5.9

Unclassified changes - net

-35.9

-11.1

-10.7

-

*8

-

- 2.1

-114.0

-18.0

- 7.0

- 1*0

Net change in commercial and
industrial loans

+

.3

-

.8

+ 3.0

.8

-

- 3.9

-

-

•1

Construction

+

.2

.8
.3

- -

- L.L

+

+

- 1.0

- 1.4

+ 2.4

-

.6
.1

+ 1.4

- 1.7

-34.6

- .5
- 1.4

Public utilities (including transportation)

- 2.0

- 1.9

.2
*3

-

- 4.0

- 4.6

+
+

+ 9.1

- 1.8

- 3.0

- *7 + 2 . 1
+ 1.0 - .8

.7

.1

.9

.2

-

+

+ 1,0
- .9

+

-37.8

- 1.7

.2
.2

.8

Sales finance companies

+

+
+

-

- 1.6
+ 1.2

+ 6.4

,8X
)

- 3.3
- 1.3

+

- 2.3

.2
/.4 (

.2
.4
.2

.2
.2
.1

-13.3

+
-

+
+

+
+
+

Commodity dealers

+

+ .4
+ .9
+ 2.3

.5
.7

+ 3.6
+ .3
+ .4

"

.4
- -

.6
.3

«3
•7
.8

+

- 1.1

- 7.8
+ .2

+

+

.3
--

- 1.3 + 3.6
- . 4 +13.5
4 • 1 - 5.2
*

+ 5.8
+15.2
- .5

-11.5
- 2.3

+ 6.7
+ .1

-

- 1.3 - 2.3
- - #1

.5
.9

- 1.5
+ .1

.1

- 1*2
+ .2

+

+
-

-

.2
.3

-20.2
- .9

.4

- -

+ 2.7
+ .2

.3

.1

LE0

" 2.0

-

.5

-

.7

-

.4

- 1.2

- 2.2

+ 1.0

- 1.6

+

,4 -

.3

-

*1

- 1.2

- 1.2

-

-

.9

+ 5-7

- 3.9

- 5.6

-52.6

- 3.7

- 6.3

+ 1.2

- 1.0

+ 3.8

-

.4

+ 8.6

- 1.3

- 1.7

-

*2

- 2.0

-13.8

- 6.0

-44.0

- 5.0

- 8.0

+ 1.0

- 3.0

-10.0

- -

.4

- 5.0 - 8 . 0

.2

.4

p/ Preliminary; final totals will appear in the F. R. Bulletin and San Francisco District final 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 70 per cent of those of all commercial banks.




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