The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
: / '' u : . ' ' \ .' ^ , /' BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM H*12 (For Immediate Release) June 18, 1952 CHANGES IN COMMERCIAL AND INDUSTRIAL LOANS BY INDUSTRY An increase of $61i million to manufacturers of metals and metal products was the p r i n c i p a l f a c t o r in the ,$9li million increase 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 a t weekly reporting member banks during the week ended June 11. The increase i n loans to manufacturers of metals and metal products was r e f l e c t e d i n every d i s t r i c t . The other sizable increases were :^L6 million each i n loans to manufacturers and producers of petroleum, coal, chemicals, and rubber products and to "other" manufacturers and miners, and §>15 million to public u t i l i t i e s . Following three weeks of nominal increases, loans to sales finance companies decreased $20 m i l l i o n . Loans to commodity dealers and to manufact u r e r s of food, l i q u o r , and tobacco products continued to show decreases, but they were smaller than i n other recent weeks* follows: Changes in loans during the week and since the year-end were as Business of Borrower Manufacturing and mining $ Food, l i q u o r , and tobacco T e x t i l e s , apparel, and l e a t h e r Metals and metal products petroleum, coal, chemicals, & rubber Other manufacturing and mining Trade — wholesale and r e t a i l Commodity dealers Sales f i n a n c e companies Public 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 types of business Classified changes - net U n c l a s s i f i e d changes - net Net change i n commercial, indust r i a l , and a g r i c u l t u r a l loans p/ Week ended , Since , JunellE' December 26£' (In millions of d o l l a r s ) + + + 6 3 6h 16 16 6 13 20 15 2 6 + + 83 11 + 9h - + + + + — — Preliminary; see footnote on attached t a b l e . -876 - 7lt +1,051 +II4O + 60 -115 -621 -292 - 59 + 6 — bo -820 -25U -1,07I1 CHANGES IN COMMERCIAL AM) INDUSTRIAL LOANS OF A SAMPLE OF WEEKLY REPORTING MEMBER BANKS BY INDUSTRY AND FEDERAL RESERVE DISTRICT,, WEEK ENDED WEDNESDAY, JUNE I I , 1952 H. 1 2 ( a ) Business of Borrower All Dis- 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 (including machinery & t r a n s p o r t a t i o n equipment) Petroleum, c o a l , chemicals*and rubber Other manufacturing and mining Trade* Wholesale Retail - 5 . 7 - 3 1 . + 1 5 . 5 ( /•,) 6 J * ) + Commodity d e a l e r s -12.9 S a l e s finance companies - 2 0 . Public u t i l i t i e s (Including t r a n s p o r t a t i o n ) + 1 5 Construction + 2 A l l other types of b u s i n e s s + 6.1 + + 8 3 . 3 + + 1 0 . 7 + 9 4 . 0 Net change i n c l a s s i f i e d l o a n s * / U n c l a s s i f i e d changes - net 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 p/ — 1/ — 1 . 5 + 5 . 5 . 3 - 3 . 9 + 8 . 9 * 8 . 1 + + + .2 + 1.0 3 +15.8 r 1 - + 6 L . L + (In m i l l i o n s of d o l l a r s ) New P h i l a - Cleve-I RichBoston York d e l p h i a land | mond Atlanta Chicago . 2 1.1 + 2 + + 8 . 1 + 2 + 3 - 5 . 0 2 .2 + . +12.5 6 *2 i U + l . i t . 1 + 1 . 1 , 8 + . 5 + . 5 - . 8 ** . 7 - . 1 8 . 8 - . 5 - . 5 1 . 2 - . 3 - 1,8 + 2 , 0 - 2 + 1 , 7 - . 0 - 3 . 1 + 9 . 1 . 1 + •U - 3 . 7 + ,2 + 1,0 . 1 - + 3 1.0 . 5 6 , 1 + 2 3 . L + 1 . 9 + 1 1 , 6 - U + 8,0 + 3 5 . 0 - 2 • . 3 + 7 . 4 0 . 2 1 - . 6 + . 8 . 1 + + 1 . 1 + - 5 . 0 + 0 2 . 2 - + 2 , 0 . + . 5 + 5 . 3 1 . 6 . 1 - + . 2 - - . 5 + , 2 - 6 . + . 2 - 8 . 1 , 8 + + 1 + 5 - + • 8.2 . 8 0 1 + , . , . 1 2 8 + . 3 - 1 6 L . 8 5 . 0 2 + 2 1 . 3 1 .1 0 + . 1 + . 5 . 6 . •9 + *5 + + + + • 6 , 1 - 2 , 0 - 3 . 9 . 1 , 5 1 - + 1 - 1 , . + 1 8 . 2 + 9 7 1 . 1 - + * 2,h + «2 . - , + — - + + 1 1 + l.lt + + 1.8 7 , . 3 - 2.3 * 2 + + + . 5 . 1 - + + 6 . . U 6 . - + + . 2 2 + + + . . San FranS t , Minne-j Kansas Louis a p o l i s j C i t y D a l l a s c i s c o Pz .1 + . - 2 —— — ( • 2 c 8 + 1 * 2 •¥ us # - 3 1.1 - 5 . 0 + 3 - . 0 2 0 - • - + , 0 2.6 , + # 2 2 - 1 * 3 1 * 8 6 * 2 »i + - 1 X 2 . + 2 . 9 . 6 + Jt - 2.5 3 .2 + 1 , + 1 . 6 3 Ju6 . 7 + 2.9 5 . 1 + 1 5 . 2 6 . 1 + 1 . 0 + 7 . 8 2 Preliminary; 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 of the Reserve Bank* About 220 weekly reporting member banks are reporting Changes i n t h e i r larger loans as t o industry; these banks hold n e a r l y 95 per cent of t o t a l commercial and i n d u s t r i a l loans of a l l weekly reporting member banks and about 70 per cent of those o f a l l commercial bank » 7 # 8 + + 3 * 3 . + - - 1 w * 2 . . - 1 • 4 - - 3 * • U #6 .1 9 + 1 •6 + •6 # 1 * 1 * 2 3 . 0
@FedFRASER