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•

BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
H.12

(For Immediate Release)

June 22, 1955

CHANGES IN COMMERCIAL AMD INDUSTRIAL LOAMS BY INDUSTRY
All industrial classifications except commodity dealers participated in
the increase of $732 million in commercial, industrial, and agricultural loans at
weekly reporting member banks during the week ended June 15# reflecting the usual
increase around the quarterly tax date.
The increase of $162 million in loans to public utilities was the largest
and the increase of $l8l million in loans to sales finance companies was the second
largest weekly increase in these business classifications since the series was
inaugurated in the spring of 1951* An increase of $93 million in loans to manufacturers of metals and metal products was the largest weekly increase in this
business category since March 1954. Other large increases were $51 million to
manufacturers and producers of petroleum, coal, chemicals, and rubber products and
$98 million to unclassified borrowers.
Changes in loans during the week and since the year-end are shown below;
the third column shows the changes during the comparable period last year:

Business of Borrower

Cumulative since year-end
Week
Dec. 29, 195%
Dec. 30, 1953
ended
to
to
June 15E/ June 15, 1955—' June 16, 1954
(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

+
+
+
+
+

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

+ 38
- 10
+181
+162
+ 22
+ 13

+

148
440
+ 568
+ 329
+ 114
+ 106

17
- 355
- 188
+ 107
65
+
+
82

Classified changes - net
Unclassified changes - net

+634
+ 98

+1,152
220

-1,214
- 193

Net change in commercial, industrial, and agricultural loans

+732

+

-1,407

22
19
93
51
43

p/ Preliminary; see footnote on attached table.




-

+

+
+
+

518
210
178
303
155

-

—

932

+

495
58
464
2
5

H.12(a)

CHANGES IN COMMERCIAL AND INDUSTRIAL LOANS OF A SAMPLE OF WEEKLY REPORTING MEMBER BANKS
BY INDUSTRY AND FEDERAL RESERVE DISTRICT,
WEEK ENDED WEDNESDAY, JUNE 15, 1955
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
Commodity dealers

All Dis-,
New Phila- Cleve- RichSt. Minne- Kansas
San Frantricts £/ Boston! York delphia land mond Atlanta Chicago Louis apolis City Dallas cisco £/
(In millions of dollars)
+22.2
+19.0

+ •5
+ 6.0

+92.9
+50.5
+43.4

+34.1 + 5.1
+38.7 + . 3
+ 2.5 +16.5 + 7 . 5

+ 9.1
+ 4.3

+ .1 + 4 . 6
+ 3 . 1 +12.5

+

.3
.8

2.6
+ 5.3

+ 1.7

- 2.9

+

*3

-

p)
-10.3

+19.8 + 1.3
+ 6.5 + 1 . 3

+ 1.9
- -

.9
.6

- .8
+ 1.1

+
+

.2
.3

.3
.3

+ 1.0
1*0 + .5
+ • 3 + 1.4

+29.4
+ .1
+10.3

+ 3.1

+ 4*1
+ 2*6

+

. .5
+ 1.1

+ 2.6
+ 4.7

+ 2.6
+ 1.3

+

-

3.9

2.9 +
+ .1 +
-

+ 1.1

+

2.1

+ 1.5
-

+ 1.7
+

1.7

.3 +

.2

-

.7

+

.5

-

.2
.8

Sales finance companies

+181.3

-

.6 +141.2

+

.4

+ 2.8

+

.9

+

.2

+23.5

+ 5.3

Public utilities (including transportation)

+162.4

-

1.6 +133.2

-

.9

+ 7.1

+ 2.9

+

.5

+13.1

-

+ 1*6

+ 1.4

+

+ 6.1

+

Construction

+21.6

+

.3

+ 1.0

All other types of business

+13.1

+

.6

- 5.1 + 1*0

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

+634.3
+97.7
+732.0

.1

• -

+ 1.1 +
+ .6 +

.9
.3

+ 1.5
+ .8

.5 + .5
.1 + 5.4
.2 + . 1

+ 2.6
- .3
+ 1.7

• 5 (. 2.4-^/
O It
(+

- .4
- 1.6

.4

+

- -

+
+
+

-

.1
1.7

+ 1.2

+

.3

-

-

5.2

.1

+ 1.5

+ 1.0

+ 2.9

+ 2.2

1.6

+

.4

+ 1.9

+ 2.2

+ 5.2

.6

+

.1

+ 1.7

+ 7.6

+ 1.1

2.0

+ 1.3

+ 1.2

+ 4.7

+ 1.8

+ 1.7

+ 1.4

+ 5.2

+ 1.3

+14.5 +400.1 +18.4

+28.3

+ 6.8

+ 6.2

+95.3

+10.3

+ 9.1

+ 8.8

+22.3

+14.2

+30.9 +13.6

+ 5.7

+ 4.2

-

.2

+ 8.7

-

.9

+ 1.2

-

2.3

+29.8

+34.0

+11.0 + 6.0 +104.0

+10.0 +10.0

+10.0

+20.0

+44.0

+ 5.5

+20.0 +431.0

+32.0

-

.3

+

p/ Preliminary; final totals will appear in the F. R. Bulletin and San Francisco District final figures appear in a release of the Reserve Bank.
l/ About 220 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 nearly 70 per cent of those of all commercial banks.



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