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' "'h

LIBRARY

BfeARD OF GOVERNORS ORTjfc FEDERAL RESERVE SYSTEM

H.12

'

d

i

s

t

e

Release)

November 19, 1952

CHANGES IN COMMERCIAL AND INDUSTRIAL LOANS BY INDUSTRY

Practically a l l industrial c l a s s i f i c a t i o n s participated in the
increase of $2^3 million in commercial, industrial, and agricultural loans
at weekly reporting member banks during the week ended November 12*
The principal increases were $50 million in loans to manufacturers
of food, liquor, and tobacco products, $39 million to the wholesale and
r e t a i l trade, $35 million to commodity dealers, and $18 million each to
manufacturers of metals and metal products and to "other" types of business;
and unclassified loans increased $52 million.
About two-thirds of the increase in loans to manufacturers of
food, liquor, and tobacco products and nearly one-third of the increase in
loans to commodity dealers occurred in the New York D i s t r i c t .
The increase in loans to the wholesale and r e t a i l trade was the
largest weekly increase in t h i s business category this year, and was r e f l e c t e d in every d i s t r i c t ; these loans have increased every week but one
since August 20, About two-thirds of t h i s week's increase was to retailers#
Changes in loans during the week and since mid—year were as followss
Week

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
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
Classified changes - net
Unclassified changes - net
Net change i n commercial, indust r i a l , and agricultural loans
p/

ended
/
Since y
November 12E'
June 2yL'
(in millions of dollars)
+ 50
—
+18
+ 10
+ 9

+62 li
+ lU
- h9
+172
+ 77

+ 39
+ 35
+ 7
+ U
+ 1
+ 18
+191
+ 52

+19ii
+627
+126
- 99
+23
+125
+1,835
+108

+243

+I,9ii3

P r e l i m i n a r y ; s e e f o o t n o t e on a t t a c h e d t a b l e .




CHANGES IN COMMERCIAL AND INDUSTRIAL LOANS OF A SAMPLE OF WEEKLY REPORTING M M E BANKS
E BR
BY INDUSTRY AND FEDERAL RESERVE DISTRICT,
7SEEK ENDED WEDNESDAY, NOVEMBER 12, 1952

H. 12(a)

Business of Borrower
Manufacturing and minings
Food, liquorj and tobacco
T e x t i l e s , apparel, 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

+50.1
- .1*

+ ;3
+ 1.5

+33.1*
- 1.9

+ 2.U
- *6

+ 3.9

+17.5
+10.U
+ 9.1*

+ ;3
+ 3.2
+ 1.3

+ 7.3
+ 5.2
+ 2.0

- 2.2
+ 1.6
- 2.3

- .1* 4- • 2
+ . 2 4- #2
»
+ It. 8 4 e2

(

+

.3
*8
.9

+ 3.0
- 1.1
+ 1.1

+

.5
.5

(
(+

J
*5)

+ 1.1*
+ 5.1

•

l.li
.1

+
+

+ .2 + ,2
+ 1.1* + 1 . 3

+

1.2

-

.5

+ 6.6

4- .1*
4- . 7

+ 2.1t
+ 5.0

+ 1*7

+12,5

+ 2,3

•

+

1.6

4- . 6

- 1,1* +

.5

+

,6

+

2,6

+ 9,0

+ 3.9

-

- 2, 7

+ 2.2i

—•

4- . 2

- 1.7

-

.7

+

.2

-

.8

+ 2.7

+ 3.6

.5

- 1.6

4- a

4- . 2

4

-

.2

-»

.3

+

.1

+

-

.6

4- 1 . 0

- 3.8

+ 1,1

-

+ l.i

-

.8

+ 1.5

4- . 5

4- . 7

+ 1.0

+

.7

-

.3
.1

+ 1**1

+12.6

.1* .2 +

+ 1.5

+

4- 1*.2

+11.6

+ 7.6

+

5*1

+

1**9

+19*3

+17,6

.1* + l*.l* -

.1

-

.9

+ 2.7

+31*.!*

5.0

+

1*.0

+22.0

+52.0

+31**6

Sales f i n a n c e companies

+ 7.1*

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 )

+ lie 3

—

+ M

+

Construction

+

——

- 2,3

A l l other types of business

+18.3

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 leans

+

+

1.7

+ 1.6
—
+ .1

.2

.1
.2

+

+ 6.1
+ 1.8
+ .1

—

+

2.1

+ 3.7
- .8

.6

+ .1
+ 1.0

+

i6
.9

—

+
+

4- U 6
4- • 9

Commodity dealers

U n c l a s s i f i e d changes - n e t

u k
•1

+ 1.2
+ .7

+ 1.6

Net change i n c l a s s i f i e d loans.V'

+
+

.7
+ 2.2

) + 1 . 9 + 5*5 -

(+39.1)

,5

—

San FrartS t . Minne- Kansas
Louis a p o l i s C i t y D a l l a s c i s o o p /

Richmond A t l a n t a Chicago

CO
•h
-Zt

Trade»
Wholesale
Retail

(In m i l l i o n s of d o l l a r s )
New ;Phila- jCleveAll Dist r i c t s ? / Boston York jdelphia| land

*6

*7

.5

+191.2

+11.2

+82.3

+ 7.3

+13,9

4- 6 . 2

+51.8

+ 1.8

+ 7.7

+ 2.7

-

-

+21*3,0

+13.0

+90.0

+10.0

+13.0

.9

.2

4- 6 . 0

-

.2

4- li.O

+

.6

+12.0

+12.0

+

+

.3
.7

p / 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 in a r e l e a s e of t h e Reserve Bank,
1 / About 210 weekly reporting member banks are r e p o r t i n g changes i n t h e i r larger loans as to industry; these banks hold over 90 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 JO per cent of those of a l l commercial banks*