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B A D OF G V R O S OF T E FEDERAL RESERVE SYSTEM
OR
OENR
H
H.12

(For Immediate Release)

July 17, 1951

C A G S IN C M E CA A D INDUSTRIAL LOANS, BY INDUSTRY A D PURPOSE
HNE
O MRIL N
N
Commercial, industrial, and agricultural loans at weekly reporting
member banks declined by 6? million dollars during the week ended .July
Decreases in loans to r e t a i l and wholesale trade concerns, manufacturers of
food, liquor, and tobacco products, and commodity dealers were the principal
factors in t h i s decline.
In a somewhat smaller sample of loans c l a s s i f i e d as t o purpose,
non-defense loans decreased by about 71 million dollars whereas loans for
defense and defense-supporting a c t i v i t i e s increased by about 31 million.
The principal changes in loans c l a s s i f i e d by type of business
during the week and since the end of March were as follows:

Business of Borrower
Manufacturing and mining $
Food, liquor, and tobacco
Textiles, apparel, and leather
Metals and metal products
Trade — wholesale and r e t a i l
Commodity dealers
Sales finance companies
Public u t i l i t i e s and transportation




Week
Change
ended
since
July 3
March 28
(in millions of dollars)
- 35
+ 9
+

1

- 35
- 21

+ 33
+ 5

-278
+125
+276
+ 2U

-UU2

+ 96
+173

CHANGES IN COMMERCIAL AND INDUSTRIAL LOANS OF A SAMPLE OF WEEKLY REPORTING .MEMBER BANKS
BY INDUSTRY, PURPOSE, AND FEDERAL RESERVE DISTRICT,
WEEK ENDED WEDNESDAY, JULY 3 , 1951

H. 1 2 ( a )

B u s i n e s s of Borrower
M a n u f a c t u r i n g and m i n i n g j
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
M e t a l s and m e t a l p r o d u c t s ( i n c l u d i n g
m a c h i n e r y and t r a n s p o r t a t i o n e q u i p m e n t )
P e t r o l e u m , c o a l , c h e m i c a l s , and r u b b e r
Other m a n u f a c t u r i n g and mining
Trade %
Wholesale
Retail
Commodity d e a l e r s
S a l e s f i n a n c e companies
Public u t i l i t i e s (including transportation)
Construction
A l l o t h e r t y p e s of b u s i n e s s
Net change of c l a s s i f i e d l o a n sJk/
To b a l a n c e w i t h n e t change i n w e e k l y
reporting series
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

— m —

( i n m i l l i o n s of d o l l a r s )

San
Minne- Kansas
apolis City Dallas Francisco

Districts
-3li.5
+ 9.2

- it.3
.6

-15.3
+ 9.1

+ *6
- it.o
+ .2

+ .2
- .3
+ 1.6

+ 2.2
- 7.1
+ 3.7

( „ ' )

- 1.0
+ 2.2

+
-

-

+

.it
.8
.5
.7
.2

+
+
-

2.8
.3
6;6
1.1
1.9

2.it
1.1

-

+
-

.1
.6
.3

.It
.3
.1
+ 5.1
+ 1.3
+
.2
- 3.6

+

.6
.6
.5
.it
.8
.2
2.5
.it

+

3.3

.8
+ .5
.9
- 3.2
+
.1
+
.5
+
.5
6.0
-

+
+
+
-

+

.1
1.9

-12.7
+ .7

+

•3
•3
.7

- 1.5
+ .7
- .7

-

1.2
.1
•2
•3
•5
•2
1*6

- 1.2
- it.2
- 8.it
+ 3.1
- 2.0
+ 1.3
- 5.8
-30.7

—

-

1.6
.5

+
-

.2
.2

2.0
.6

—

—

-

1.6
.it
2.1
1.2

-

.2
1.3
lt.3

.2
.5
.7
+ l.l
+
.3
.3
+
.1
5.2

+

-

lt.0
.6
.it

+
-

.1
.1

+
+

Net change of c l a s s i f i e d l o a n s l /

c
c

-

.3
2.2

-

+

•2
1.2
2.3
1-7
.8
•5
.1

-

6.5

-

3.it

+

3.2
it. 7
.1
1.3
1.2
2.3
3.9
it-1

-

it.i

-

_

+
—

.it
2.3
.6

-

+
—

: j
!.5)

-

2.3

-

- -

+

-20.5
+33.b
+ U.8
+ .2
+ 2.7
-1*2.8

- it. 9
- 1.6
+ .1
" •1
"
- .2
- 8.9

+ 6.5
-28.lt
+ 1.6
+28.0
+ 3.3
* .9
+10.3
+llt.8

-2U.2

- 1.1

- 5.8

-

l.it

-

2.3

-

1.0

-

.6

- 5.3

-

1.7

-

1.8

-

1.5

+

2.it

-67.0

-10.0

+ 9.0

-

1.0

+

l.O

-

7.0

-

1.0

-36.0

-

6.0

-

7.0

-

8.0

-

+22.3

- 1.1

+21.5

+

1.8

-

2.7

+

.1

+

1.2

+

——

-

2.1

+

.8

+22.0
-12.9

+

.3

+
+

.1
.2

-

.1
.6

+ .7
+ 1.1

1.3
.1

-

.2
.3

+

+

it.lt
.2

+

-

1.2
1.6

+

-

+13.5
- 9.1

.2
.3

-70.0
- 6.3

- 5.6
- 1.2

-16.0
- 1.0

+
+

2.9
.it

-

-

3.7
.5

3-5
1.2

-30.3
- l.lt

+ .1*
+ it.6

+
-

.2
.9

- .2
+ 6.1

—
—

3.2

1.2

- .1
- l.lt

-

+

-39.9

- 8.9

+11+. 8

+

.it

• it

-30.7

-

+

1.0

(-34.9)

-

+
+
-

+

+
+
-

+
+
-

-

+

—

+
-

9.1
.1

-

+

-

.3
1.6

+

2.6

+

+

3.3

-

6.0

-

+

.7
—

-

2.3
.5

+

-

-

—

.6
.1

2.7
.3

-

-

.2
U.6

5.2

-

3.6

.1

+

+

—

it. 3

+

—

-

-

.2
.1

-

1 /v D a t a f o r changes i n c l a s s i f i e d l o a n s a r e o b t a i n e d from a b o u t 220 w e e k l y r e p o r t i neg
l o a n s of a l l w e e k l y r e p o r t i n g member b a n k s and about 75 P r c e n t of t h o s e of a l l commercial b a n k s .

~~ cial
 and i n d u s t r i a l


+

+

1.0
•3
.6

+
-

-

- -

+

Purpose C l a s s i f i c a t i o n
Defense c o n t r a c t s
Defense-supporting a c t i v i t i e s •
P l a n t and equipment
All other
Non-defense a c t i v i t i e s $
I n v e n t o r y and w o rking c a p i t a l
P l a n t and equipment
R e t i r e m e n t of non-bank d e b t and
preferred stock
All other ( f o r loans c l a s s i f i e d )

.6
.it

+

.1
——

+
+

i.it
2.8
.1

- -

+

2.0

+

2.9
2.7

•*

U.8
.5

+

1.7
.1

-

+
-

3.U

+

—

+

—

—

5.7
2.7
1.0
.1

t o t a l commer-