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BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
H.12

(For Immediate Release)

May 6, 1953.

CHANGES IN COMMERCIAL AND INDUSTRIAL LOANS BY INDUSTRY
Repayments of $43 million in loans to manufacturers of food, liquor,
and tobacco products, $14 million each by commodity dealers and by ' other types of
businesses were largely offset by increases of $32 million in loans to public utilities and $13 million to the wholesale and retail trade. The net decrease in commercial, industrial, and agricultural loans at weekly reporting member banks during
the week ended April 29 was $23 million.
Most of the increase in loans to wholesale and retail trade during the
week occurred in the Chicago District but there were smaller increases in seven
other districts.
During the first four months of this year manufacturers of food, liquor,
and tobacco products and commodity dealers have repaid $866 million or 6l per cent
of their borrowings during the last half of 1952; this compares with repayments of
$1,179 million in the first four months of 1952 or about 71 per dent of their
borrowings during the preceding six months.
Changes in loans during the week and since the year-end were as follows:

Business of Borrower

Week
ended
April 29 E/

Since
December 31 £/

(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

+
+

43
8
11
3
1

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

+
~
+
+
+
-

13
1^
8
32
3

+128
+321
+ 50
+22
+

1®3
-4l6
3
+100
+ 6
~ 32

Classified changes - net
Unclassified changes - net

- 30
+ 7

1/

- 91
-175

Net change in commercial, industrial, and agricultural loans

- 23

1/

-266

p/ Preliminary; see footnote on attached table.
l/ Excludes increase of $193 million in commercial, industrial, and agricultural loans resulting from revision of series, March 4, 1953«



CHANGES IN COMMERCIAL AND INDUSTRIAL LOANS OF A SAMPLE OF WEEKLY REPORTING MEMBER BAHKS
BY INDUSTRY AND FEDERAL RESERVE DISTRICT,
WEEK ENDED WEDNESDAY, APRIL 29, 1953

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
Sales finance companies

(in millions of dollars)
New Phila- Cleve- Rich- Atlanta Chicago St. Minne- Kansas Dallas San Fran-'
All DisBoston
Cisco £/
Louis apolis City
York delphia land mond
tricte p/
- l.l
- .2

- 1.0

- .8

-29.6 + .5
- 3.9 - 1.6

-io. 6
+ 3.2

- 5.5 - 3.2 - 6.8 +
+ 3.6 - .6 + .2
- .3 + l.l + 1.6 +

.4

+ .6

- 2.5
•5
+ #3

12 7

- .8

.5

+ .6
.9 + .1
. - 1.0
8

- 8.2

-14.2
+ 7.8

+ 2.0
- 3.4

+ .4 + .3
•3
- 2.5 + .8 - .4
- 9.0 - 1 * 2 - .2
+13.6 - 4.3 - 2.5

+32.3
+ 3.1
-14.1

- 1.5
- .1

+28.0 + 1.5 + 2.5
+ 1.8 + .3 + .1

-29.9

- 8.0

- 7.7 - .9
-ll.l - 7.3

Unclassified changes - net

+ 6.9

- 7.0

+

Net change in commercial, industrial,
and agricultural loans

-23.0

•15.0

Public utilities (including transportation)
Construction
All other types of business
Net change in classified loans l/

+ 1.3
- 1.1

-42,5

1 1

H.12(a)

r -)

+

.3

.3

.
2
.7
.3

+

+

•7
.5
.3

- .7
+ 2.7
- 3.1
- .7

- 1.2 - 1.6 - 2.3 - 2.2
- .9 + .2 + .1

- 1.0
+ .1

- 4.0
+ .3

+ 7.9 - 1.1 + .9 +
—
+
+ 1.6 - .1
—
- 1.0 - .3

- 1.1
- .5
- .9

+
-

.2
.1
.2

- .3 ( 1.4)
+
+ 8.1 + .8 + .7 + .5 c
- 2.1 + 7.9 - 4.3 - 1.5 + 1.3
- .4
+ 3.3 - .3 + 1.0
+

.5 -

.4

+ 2.8 - .7
- l.l - .3

.5 .3 .4 +

.1
.2 + 1.7

.9
.1
.3

+ 2.1
+ .2
- 3-3

+ 1.2
-

.3
.4

.
1

-

.3

- 3.2

- 2.8

+16.0 + 3.7 - 4.5 - 3.6

+

.3

6.9

.7 - 2.0

- 2.2

- 4.0 +

- 3.3

+26.9

-11.0 - 7.0 - 5.0 - 2.0

5.0

3.0

+20.0

.1 +

+ .8
- 5.7

.3 +

+

—

- 1.9 -

»4

.3 - 1.5 - 1.4

+12.0 + 4.0

- 6.0 - 5.0

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 215 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.

i