View original document

The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.

BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
H.12

(For Immediate Release)

January 28, 1953

CHANGES IN COMMERCIAL AND INDUSTRIAL LOANS BY INDUSTRY
Repayments of $50 million by unclassified borrowers, $38 million
by commodity dealers, and $li± million each by sales finance companies and
"other" types of borrowers were the principal factors in the $99 million
decrease in commercial, industrial, and agricultural loans at weekly reporting member banks during the week ended January 21 * Partially offsetting ^
increases included $22 million in loans to public utilities and $lu million
to manufacturers of metals and metal products.
Most of the decrease in loans to commodity dealers was in the
New York District, but smaller decreases occurred in eight of the other
districts.
Loans to the wholesale and retail trade decreased $10 million; it
was the fifth consecutive weekly decrease reported in these loans.
Changes in loans during the week and since mid-1952 were as follows

Business of Borrower

Week
ended
,
January 2lS/

Since
,
June 25—

(In millions of dollars)

Manufacturing and minings
Food, liquor, and tobacco
Textiles, apparel, and leather
Metals and metal products
Petroleum, coal, chemicals, & rubber
Other manufacturing and mining
Trade — wholesale and retail
Commodity dealers
Sales finance companies
Public utilities and transportation
Construction
Other types of business
'Classified changes - net
Unclassified changes - net
Net change in commercial, industrial, and agricultural loans
p/

+

3

+

lk

1

+

2

9

10
38
lit
22

+105

- lU

+155

- k9

- 50

+2,32U
-200

- 99

+2,121).

+
-

h

Preliminary; see footnote on attached table,




+751
- 30
+ 63
+227
+ 28

+568
+1*77
- 28

+

8

CHANGES I I COMMERCIAL AND INDUSTRIAL LOANS OF A SAMPLE OF WEEKLY REPORT 1MB MEMBER BANKS
I
BY INDUSTRY AND FEDERAL RESERVE DISTRICT,
WEEK ENDED WEDNESDAY, JANUARY 21, 1953

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
Trade $
Wholesale
Retail

(In millions of dollars)
San Fran-,
St. Minne- Kansas
New Phila- Cleve- RichAll Dis-y
Atl ant a I Chi c agoLouis apolis City Dallas cisoo P/
tricts P/ Boston York delphia land mond
+ 2,9

- 1.2
+lli,2
- 8.7

+ 2.1

•u
2.2

+ 7.1
- 2.9

.7
1.1
.3

+11.6
- 2.9
- 2.1

.1 - 1 . 5
. 9 -10.3

J-10.1J

Commodity dealers

-37,7

Sales finance companies

-lh.3

Public utilities (including transportation)

+21,6

Construction

- 3,7

All other types of business

.8 - 2 7 , 7
2,6
1.2

-

.1
1.8
1.3

—

+
+

2.1*
1.0

+

.7
1.5
3.6

+

.6
.1

*

-

.
+

.1
2.0

-

,6

-

5.1

+15.0

—

~

- 1,0

-13.7

1.2

Net change in classified loans

-+.
186

Unclassified changes - net
Net change in commercial, industrial,
and agricultural loans

.9

.5
.1

+

—

5.8
1.6

.1 . 0

- .9
- 1.3

- 9.2
- .1

+ .9
+ .6
- 1.1

+ 1.9 - 1.2
- .It 4- . 1
+ .8 — *5

+

—

.1
.1
.1

+
*

s5
•3
•2

+ 2.1
+ .2

-

.3
.7

+

.2
si

-f

.h

-

.7
.1

••

*1

+

-

.6

- 2.1

-

.5

+

1,6

-

.1

-

-

3.0

- 2.5
+ .9

+

-

el

-

•9
•2

-

•u

-

+

•3

-

#1

+

-

+

+

.5
.3

-

+

*5 2.0 +

.k

- It* 2

- 3.7

7.8

+

3.6

-

2.9

-12.0

-11.6

4- 1.7

3.2

-

3.6

-

3.1

+ 1,0

- 7.1;

-

—

-

6.0

-11.0

-22.0

+

+

4
.2

-

- 2,7

-

1.0

1,6

-ill, 8

-

-50.U

«k

-20.2

-

-99.0

2.0

-3%o

11,0

,6

.8

+

1*8

- 5.5
- .1

-

l*h

.2
1.4

"

•5
*2

.6

+

l.k

— —

•f

— —

-

.2
1.3
.3

•1

•1
•3

+

L

(

el)

+

2# 5

*h

mm

+

•5
*6
2.5

—

2#3

+
-

* ) + 1*0

+

2*7
*2

-

+h

Ut2
1*2

+

*2

+

.2

3A

+

.6

— -

-

1.9

+

.u

4- .1

-

•6

-

.2

+

.U

-

""

-

1^5

-

1*9

,k

5.7

+

1*6

-f .2

ii.o

+

1*0

—

*2

+

9,2
-

9*0

p/ Preliminary; final totals will appear in the F.R. Bulletin and final 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 over 90 per cent of
total commercial and industrial loans of all weekly reporting member banks and about JO per cent of those of all commercial banks.



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