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O

BOARD OF GOVERNORS'OP THB FEDERAL RESERVE SYSTEM
J u l y 2,

(For Immediate Release)

H. 12

1952

CHANGES IN COMMERCIAL AND INDUSTRIAL LOANS BY INDUSTRY
I n c r e a s e s o f $17 m i l l i o n i n l o a n s t o s a l e s f i n a n c e c o m p a n i e s ,
$13 m i l l i o n t o p u b l i c u t i l i t i e s , and $ 1 0 m i l l i o n t o m a n u f a c t u r e r s of me a l
and m e t a l p r o d u c t s w e r e p a r t i a l l y o f f s e t b y a d e c r e a s e of $ 1 6 m ^ l o n i n
l o a n s t o m a n u f a c t u r e r s of f o o d , l i q u o r , and t o b a c c o p r o d u c t s , ^ O t h e r
_
c h a n g e s w e r e r e l a t i v e l y s m a l l and t h e n e t i n c r e a s e i n c o m m e r c i a l , 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 a t w e e k l y r e p o r t i n g member b a n k s d u r i n g t h e week e n d e d
J u n e 2 5 was o n l y $ 8 m i l l i o n .
A b o u t t w o - t h i r d s o f t h e d e c r e a s e i n l o a n s t o m a n u f a c t u r e r s of f o o d ,
l i q u o r , and t o b a c c o p r o d u c t s was r e f l e c t e d i n t h e C l e v e l a n d D i s t r i c t , w i t h
most of t h e b a l a n c e i n t h e Chicago D i s t r i c t ,
Loans t o c o m m o d i t y d e a l e r s , w h i c h h a v e d e c r e a s e d e v e r y week t h i s
y e a r , showed a n e t d e c l i n e of o n l y $ 1 m i l l i o n d u r i n g t h e c u r r e n t w e e k .
Changes i n l o a n s d u r i n g t h e week and s i n c e t h e y e a r - e n d w e r e a s
follows•

B u s i n e s s of B o r r o w e r

Week
ended
.
June 25P/
' (In

Since
December 2 6 2 /

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

M a n u f a c t u r i n g and m i n i n g *
F o o d , 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
Petroleum, coal, chemicals, & rubber
O t h e r m a n u f a c t u r i n g and m i n i n g

- 16
3
+ 10
7
1

-

T r a d e — w h o l e s a l e and r e t a i l
Commodity d e a l e r s
S a l e s f i n a n c e companies
P u b l i c u t i l i t i e s and t r a n s p o r t a t i o n
Construction
Other t y p e s of b u s i n e s s

h
l
+ 17
+ 13
+ 5
+ 7

-

10U

-

63U
217
2
20
27

C l a s s i f i e d changes - net
U n c l a s s i f i e d changes - n e t

+ 20
- 12

-

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
py/

P r e l i m i n a r y } s e e f o o t n o t e on a t t a c h e d t a b l e .




869
73

+1,111
+ 176
+

+
:

76

5U2

-

266

-

808

CHANGES IN COMMERCIAL AND INDUSTRIAL LOANS OF A SAMPLE OF WEEKLY REPORTING MEMBER BANKS
BY INDUSTRY AND FEDERAL RESERVE DISTRICT,
WEEK ENDED WEDNESDAY, JUNE 25, 1952

H. 1 2 ( a )

( I n m i l l i o n s of d o l l a r s )
B u s i n e s s o f Borrower

All DisBoston
tricts P/

Manufacturing and mining:
Food, l i q u o r , and tobacco
T e x t i l e s , a p p a r e l , and l e a t h e r
Metals and metal products ( i n c l u d i n g
machinery & t r a n s p o r t a t i o n equipment)
Petroleum, c o a l , c h e m i c a l s , and rubber
Other manufacturing and mining

New
York

P h i l a - Clevede l p h i a land

RichA t l a n t a Chicago
mond
-1.7
+ .5

-•

.9
.9

- it.6
+ .7

- l.o
—

+ l.l +
+ .7 +

.2
.It
—

+ 3.2
- 2.6
- l.o

-

-

+
+

-

.5

-

.3

-

.2

+ 1.3

-

»3

-

.it

-

- 3.2

+ 3 . 2 + 3»9

+

.3
.7

-9.8
—

+ .2 + 6.8

-

.1

-

.It - 3 . 3
.1). + 1 . 3

+

.3
.5

+ 3.5
+ .It
+ .3

Trade;
Wholesale
Retail

+

.1 -

.6

+

«U

.7

+

.U

-

Commodity d e a l e r s

+ 2.6 - 7.0

h .8

- 1.2

-

+

. 3 - U*8

-

•3 ~

.9

.8

•

-

.It

.1

.3
-b

.7

*
*
+

.6 - .3
.2 + 1.7
.6
—

- .1
- 1.9
- .9

*U

-

.2 +

.U

.1

-

.1 +

»9

.5
—
- .it

.3

(-

.1 + 9.2

+ 3.3

- 3.2

+ 2.3

+

.9

+ 3*0

-

»ii

+

+

(including transportation^'

.2 +12.8

+ 1.1

-

+ .2

+

.h

- 2.7

+

.5

- 6.0 - 1.5

+ 1.5

+ 1.2

- 1.2

-

.5

— .It
'

+

— .2

+

+

+

-

-

.3

+ .8

+ 1.2

.6

.6

—

Construction
-

All other types of business

+

. 7 + 3*6

.2

.3
.8

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

+20.1

+ 1.2 +20.1

+ 5.0 -11.5 -

U n c l a s s i f i e d changes - n e t

-12.1

+ 3.8 - 1 5 . 1

-3.0

+

.5

- 2.it

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 loans

+ 8.0

+ 5.0 + 5.0

+ 2.0

-11.0

- 3.0

+

.6

.6

.8
.5

.3

.5

- 2.7
+ .1

+ .6
+ .8
- .1

.9

l.k

-

- l.l

) - 1.8
.8 ) + .8

j +

S a l e s f i n a n c e companies
Public u t i l i t i e s

. 5 + 1.7

San FranS t . Minne— Kansas
Dallas o i s c o p /
Louis apo l i s City-

+ .6
+

.3

+ 8.6

.It

+ 2.9

.2 + .2

+ 1.6

+ 3.8

2.1
+

- 2.5 •
- 8.2

-

,ii + 6 . 3

+

+10.6

.1

+ 1,2

+

.It + 1 . 7

+ .7

— 2.0

— 7*0

— + 8.0
—

.3

+ 1.0

-

.6
+10.0

p/

P r e l i m i n a r y ; f i n a l t o t a l s w i l l appear i n the F.R. B u l l e t i n and f i n a l San Francisco D i s t r i c t f i g u r e s appear i n a r e l e a s e o f the Reserve Bank.

1/
-

About 220 w e e k l y r e p o r t i n g member banks are r e p o r t i n g changes i n t h e i r l a r g e r loans as t o i n d u s t r y ; these banks hold n e a r l y 95 per c e n t of
t o t a l commercial and i n d u s t r i a l loans o f a l l weekly r e p o r t i n g member banks and about 70 per c e n t of t h o s e of a l l commercial banks.




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