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BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM H»12 (For Immediate Release) May 21, 1952 CHANGES IN COMMERCIAL AND INDUSTRIAL LOANS, BY INDUSTRY Repayments of loans of $27 million tgr manufacturers of food, liquor, and tobacco products, $22 million by commodity dealers, and $12 million by sales finance companies were largely o f f s e t by increases of $15 million in loans to public u t i l i t i e s , $12 million to manufacturers and producers of petroleum, coal, chemicals, and rubber products, and $9 million to manufacturers of metals and metal products. The net decrease was §>16 million i n commercial, i n d u s t r i a l , and agricultural loans at weekly reporting member banks during the week ended May l l u Net repayments of $7 million were a l s o reported by manufacturers of t e x t i l e s , apparel, and leather products and were r e f l e c t e d in a l l but two d i s tricts. Loans to the wholesale and r e t a i l trade showed nominal increases for the third consecutive week, and the increase in the construction industry was for the f i f t h consecutive week. follows: Changes in loans during the week and s i n c e the year-end were as Business of Borrower Manufacturing and minings Food, liquor, and tobacco Textiles, apparel, and leather Metals and metal products Petroleum, coal, chemicals, & rubber Other manufacturing and mining - 27 - 7 + 9 + 12 + 2 -775 - 28 +1,009 +17ii + 6k - 91 -527 -323 - 88 - 8 - 70 Classified changes - net U n c l a s s i f i e d changes - net + 6 - 22 - 12 + 15 + 7 — 3 - 21 + 5 Net change in commercial, indust r i a l , and agricultural loans - 16 -885 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 Construction Other types of business p/ Week Since \ / endeda / December 2 6 ^ May l i t (In mi H i on s of dollarr) Preliminary; see footnote on attached table -661 -22k CHANGES IN COMMERCIAL AMD INDUSTRIAL LOANS OF A SAMPLE OF WEEKLY REPORTING MEMBER BANKS BY INDUSTRY AND FEDERAL RESERVE DISTRICT, WEEK ENDED WEDNESDAY, MAY ll+, 1952 H.12(a) B u s i n e s s of B o r r o w e r M a n u f a c t u r i n g and m i n i n g : 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 machinery & t r a n s p o r t a t i o n equipment) 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 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 + U.8 + 8.3 + 9.3 +11.5 5 * 8 - ) -22.1 -11.8 + 7.3 Net change i n c l a s s i f i e d l o a n s ^ Z Net change 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 p/ .6 + 1.3 + .7 + .3 .6 -10* 1 — w - 6*2 4- -16.0 -22,0 *1 *2 1.7 ,5 - •5 1.0 — + .1 .1 — — .5 + ,2 + 1.0 .8 + - .1 .2 + .3 - 1.1 - 1.1 - 5.9 + .3 - .6 .2 + 1.9 + .1 + .6 3.U + 1.1 .1 + 1.9 2.9 + - 3.8 1.8 + - .9 + .1* 2.1 - + .8 + l.U .7 .5 - .1 + - .5 .5 - - 2.0 — 3.0 .2 - .1 - 3.0 -f .h ? — + .1 .2 .h - .3 - mm 1.9 + ,h + + .9 + .6 + 1.1* .6 - 1.0 + 1.0 + 2.0 + .2 .2 + .U 1.0 + .2 .3 3.7 - 1.7 1.3 .2 .2 - - 2.0 3.0 .2 .3 + + .8 + - .7 .5 .U .2 + + + - 4- 1 . 1 4- 3 . 8 + .9 2.0 + + + — + 1.9 .5 - .1 1.1* .3 .8 3.9 .3 - - .1 •9 + + «9 - .h -22.3 + U n c l a s s i f i e d changes - net + + — 2*6 -20.5 .9 .2 mm mm A l l o t h e r t y p e s of b u s i n e s s — - + 3.2 (including transportation) Construction - .u .1 O CXJ S a l e s f i n a n c e companies Public u t i l i t i e s - 3.8 e Commodity d e a l e r s -17.7 -27.3 San Fran-y S t . Minne-1Kans as Louis a p o l i s j C i t y IDallas c i s c o E/ Richmond A t l a n t a Chicago 0 OJ Tradet Wholesale Retail ( I n m i l l i o n s of d o l l a r s ) Phila- CleveNew I A l l Dis-y B o s t o n York d e l p h i a l a n d t r i c t s P/ 6 4. + a #U + 1,6 l.o - - .2 + .6 - .9 + 1*1 l e 0 r - 2*8 + *6 + 2+6 + *6 - 1,7 .8 .7 + + - 2.3 — 1»8 + .7 + 1.9 - »1 + .8 .5 + 1.7 + 1.2 - 1.9 .1 - l.l + 5.1 —2.0 + h*0 - - ii.0 P r e l i m i n a r y ; f i n a l t o t a l , . 1 1 1 a p p e a r i n t h e F . P . B u l l e t i n and f i n a l San F r a n c i s c o D i s t r i c t f i g u r e s a p p e a r i n a r e l e a s e of t h e Reserve Bank. nt- +
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