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BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
H.12

(For Immediate Release)

February 27, 1957

CHANGES IN COMMERCIAL AND INDUSTRIAL LOANS BY INDUSTRY
For the second consecutive week, the major classifications of commercial
and industrial loans increased except for the seasonal decreases in loans to commodity dealers and to manufacturers of food, liquor, an-d tobacco products) and
commercial and industrial loans increased $100 million at all reporting member
banks during the week:ended February 20.
Net increases of $30 million occurred in loans to manufacturers of
textiles, apparel, and leather products, $29 million each to manufacturers of
metals and metal products and to sales finance companies, $26 million to manufacturers and producers of petroleum, coal, chemicals, and rubber products, and
$12 million to "other" manufacturing and mining concerns.
Changes in loans during the week and since year-end are shown below;
the third column shows the changes during the comparable period last year:

Business of Borrower

Cumulative since year-end
Dec. 26, 1956 "
Dec. 28, 1955
Week
ended ,
to
/
to
p
Feb. 20— Feb. 20, 1957""
Feb. 22, 1956
(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

+
+
+
+

l6
30
29
26
12

-328
+ 48
+ 89
+ 65
+ 20

-197
+ 39
+254
+ 79
+ 56

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

+
+
+
-

10
25
29
1
1
3

-221
-143
-171
+ 39
- 47
-112

- 36
- 35
-496
+ 95
- 33
- 89

Classified changes - net
Unclassified changes - net

+ 93
+ 7

-761
-170

-363
- 76

Net change in commercial and
industrial loans

+100

-931

-439

p/ Preliminary; see footnote on attached table.




\

CHANGES IK COMMERCIAL AND INDUSTRIAL LOANS OF A SAMPLE OF WEEKLY REPORTING MEMBER BANKS
BY INDUSTRY AND FEDERAL RESERVE DISTRICT,
WTTOK ENDED WEDNESDAY. FEBRUARY 20, 1957
Philadelphia

All Dis- Boston
tricts P/

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

-5.1 - 8.5
+ .2 +14.5

+

.4
.8

4 29.1

+1.0 +12.4
+ .1 + 9-9
- .8 + 8.0

+ 2.6
+ .7

- 4.1
- .3

- .1
+ 1.0

+ 11.7

Trade:
Wholesale
Retail

10.2^

+2.1
+3-7

San Fran
ciaco P/

Mlnne
Louis aDOlis

- .2
+2.7

+ .2
+1.0

+ 5-7
+ 7-8

-1.4 - .4
+2.1 + .1

+ •3
- .1

+ .2
- .1

-5.2
- .7

+ .2
+5-9
+1.7

+1.7
+1.6
+2.4

- .7
+ .6
+ .9

+ 7.9
+ 4.5
+ .7

+ .3 +3-7
+ .7 + .1
- .5 + .3

- .6
+ .3
- .4

- -7
+3-2
- ,2

+1.3
-1.5
- .4

- .4

+ .5
- .5

+1.5
+ .2

+ 1.0
- 4.5

+1.4 +1-5
+ .9 + .5

+1.2 h ° )
+1.0

- .2

- 15.8
+ 29.5

+ 26.1

Rich
mond Atlanta
(In millions of dollars)
ro o

H.12(a)

-1.7

-3.6

-

.6

-4.2 - .8

-2.8

+ .8

+2.6
+3.0
—

Commodity dealers

- 24.8

-1 • 1 -10.6

Sales finance companies

+ 28.6

+ .1 +42.0

+ 1.1

-2.2

+2.0

+2.2

-13.2

+ .9 -2.5

+ .8

+ .6

-3-2

Public utilities (including transportation)

+

1.3

+ .1 + 4.3

+

.4

+1.4

- .1

42.0

- 3.2

+ * 3 + .1

-3.4

+ .3

- .9

Construction

-

-5

+ .1 + 1.2

-

.2

- .4

- .6

- .1

-

- .2 - .3

- .2

+ .6

- .1

All other types of business

- 2.6

+ .4 + 5.4

+ 3-5

+ .1

- .2

- .2

- 6.8

-2.6

+ .5

+ .8

-6. l

+2.6

Net change in classified loans 1/

+ 92.8

+ .8 +74.2

+ 9-4

+6.3

+7.6

44.0

- 1.0

-2.3 +2.8

-3-1

-3.4

-2.5

Unclassified changes - net

+

+ .2 - 4.2

+ 1.6

+1.7

+1.4

+ 6.0

+ .3 - .8

+1.1

+2.4

-2.5

Net change in commercial and
industrial loans

+100.0

+70.0

+11.0

+8.0

+9.0

+ 5.0

—2 • 0 +2.0

-2.0

-1.0

-5.0

E/

7.2

+1.0

- -

+4.0

.3

Preliminary; final totals will appear in the F. E. Bulletin and San Francisco District final figures appear in a release of the Reserve Bank.

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