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)

March 26, 1958

CHANGES IN COMMERCIAL AMD INDUSTRIAL LOANS BY INDUSTRY
All industrial classifications except commodity dealers were included in
the net increase of $666 million in commercial and industrial loans at weekly
reporting member hanks during the week ended March 19, which reflected quarterly
tax date needs.
The principal net increases were $248 million in loans to sales finance
companies, $131 million to manufacturers of metals and metal products, $100 million
to unclassified borrowers, $42 million to "other" manufacturing and mining,
$38 million to public utilities, and $34 million to the wholesale and retail trade.
Changes in loans during the week and since the last Wednesday in Decembei
are shown below; the third column shows the changes during the comparable period
last year.

Business of Borrower

Week
ended
&
Mar. 19^

Manufacturing and mining:
Food, liquor, and tobacco
Textiles, apparel, and leather
Metals and metal products
Petroleum, coal, chemicals,
and rubber
Other manufacturing and mining

Cumulative since year-end
Dec. 25, 1957
Dec. 26, 1956
to
,
to
Mar. 19, 19582/
Mar. 20, 1957
(In millions of dollars]

+ 20
+ 24
+131

+
+

467
131
194

-278
+135
+519

+ 18
+ 42

+
+

37
73

+ 76
+105

Trade—wholesale and retail
Commodity dealers
Sales finance companies
Public utilities and transportation
Construction
All other types of business

+ 34
- 4
+248
+ 38
+ 8
+ 7

+

307
204
341
87
27
5

-l4l
-215
+207
+158
- 36
-122

Classified changes - net
Unclassified changes - net

+566
+100

-1,014
- 246

+4o6
-105

Net change in commercial and
industrial loans

+666

-1,260

+301

g/ Preliminary; see footnote on attached table.




CHANGES IN COMMERCIAL A3D INDUSTRIAL LOANS OF A SAMPLE OF WEEKLY REPORTING MEMBER BANKS
BY INDUSTRY AND FEDERAL RESERVE DISTRICT,
WEEK ENDED WEDNESDAY, MARCH 19, 1958

E.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

All Dis- I T | NewjPhila- Cleve- Rich- Atlanta Chicago St.
Louis
tricts p/j ° S
j York i delphia land
mond
(In millions of dollars)
+ 20.4
+ 23.7

- -3 + 2 3 . 3
+ 5-3 + 1 3 . 2

+ 3.1
>3

+130.7
+17.9
+ 41.6

+ 5-4 + 73-1
- 1.7 + 14.5
+ 2 . 5 + 22.2

+ 2.4 +15.5
+ 3 . 0 + 1.0
+ .8 + 2.4

, )+ 3.2

- 3-0 .3 + 1 6 . 3 -

+ 34'2)

-

Commodity dealers

-

- 1.3

Sales finance companies

+247.9

Public utilities (including transportation)

+ 38.4

+

.8

Construction

+

7.7

-

•2 +

All other types of business

+

7-3

+ 2.1

-

4.2

Net change in classified loans l/

+565.8

+15.5

Unclassified changes - net

+100.2

Net change in commercial and
industrial loans

+666.0

4.0

- -

+

7-4 -

-

+

.4 +
.1
-

.1

-

•5
.1

.4
.1
1.1

+ .1
+ 1.4

— 1.6
+ 1.6

-2.0

+ 1.7 + 2.4
+ • 3 + .3

+2.5
-3.0
+ .7

+ .2
+ 3-4

- -

San FranMinne- Kansas
Dallas
cisco p/
apolis City

-

+

.1
.2

-

-

.9
•3

+ 2.1
- -

+

.6

+ 1.1

+22.8
+ 2.6
+ 7.0

+

.4

+ 1.5
+ .6

+ 3.4
- 2.3

- .1
+2.5

+

.8

- 2.4

-4.8

+

.9

+

.4

- 4.6

+ 2.3

+ 1.0

+ 6.5
+10.6

+ 1-9
-

1-5

+
-

+
-

.6
.8
.4

+ 2.5
+ 1.1
+ 2.8

+ .5
+ 1.1

( „ J
(+3>)

+1.5
+ 3.0

.1
.2

+ 1.7
+ .8
+ 1.1

.9
.1

+
+

+185.6

+14.2

+ 9.4

+ 6.3

+16.0

- 3.1

+6.9

-

.4

+ 5.5

+

+10.6

+ 4.9

+ 1.0

+

.9

+

-9

- -5

+

.8

-

.3

+

-

.1

+ 1.2

8.1

- 3-0
- -9

.6

+

.2

.3

-

.7

+ 4.3

+ .1

+ 2.4

+ 1.0

1.2

+

.5

+ 4.7

+ 4.9

- .7

+

+357.1

+33.9

+30.7

+15.1

+29.1

+38.1

+1.6

+ 5.0

+ 9-6

+ 9.7

+20.4

+ 2.5

+

5.9

+ 2.1

+ 5-3

+ 5-9

+

.9

+17.9

+1.4

+ 5-0 + 3.4

+ 2.3

+47.6

+18.0

+363.0

+36.0

+36.0

+21.0

+30.0

+56.0

+3.0

+10.0

+13-0

+12.0

+68.0

-

•5 +

.1

00

+

.3

+

.1

.6 -

— 6.2

p/ Preliminary: final totals will appear in the F. R. Bulletin and ban Francisco jjxsxrxc-o xihuj.
^
1
1/ About 210 weekly reporting member banks are reporting changes in their larger loans as to industry; these banks hold about 95 per cent of total
commercial and industrial loans of all weekly reporting member banks and about 75 P e r cent of those of all commercial banks.