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BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
H.12

(For Immediate Release)

November 2, 1955

CHANGES IN COMMERCIAL AMD INDUSTRIAL LOAMS BY INDUSTRY
Increases of $44 million in loans to commodity dealers, $31 million to
manufacturers of food, liquor, and tobacco products, $30 million to the wholesale
and retail trade, and $11 million to manufacturers and producers of petroleum, coal,
chemicals, and rubber products were the principal factors in the $42 million net
increase in commercial, industrial, and agricultural loans at weekly reporting member banks during the week ended October 26. Partially offsetting decreases included
$29 million in loans to manufacturers of textiles, apparel, and leather products,
$24 million to sales finance companies, and $12 million to manufacturers of metals
and metal products.
The increase in loans to commodity dealers was the second largest weekly
increase in this business category since seasonal borrowings began in June. The
decrease in loans to manufacturers of textiles, apparel, and leather products was
the largest weekly decrease in this business category since last October and was
reflected in all but three districts.
Changes in loans during the week and since the mid-year are shown below;
the third column shows the changes during the comparable period last year:

Business of Borrower

Cumulative since mid-year
Week
June 29, 1955
June 30, 1954
ended . t o
. t o
Oct. 262/ Oct. 26, 1955^/ Oct. 27, 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

+31
-29
-12
+11
- 4

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

+30
+44
-24
- 1
+ 7
z_9

+
+

Classified changes - net
Unclassified changes - net

+46

Net change in commercial, industrial, and agricultural loans
Loans reclassified on October 5

zJt
+42

Total
p/ Preliminary; see footnote on attached table.



280
127
7
78
56

+ 53
- 28

277
358
88
16
80
261

+158
+330
-259
-284
+ 44
+114

+1,405
100

- 41
-800

+1 ,305
+
318

-841

+
+
-

+
+

-

+
+

+1,623

+258

+ 49
-475

CHARGES IN COMMERCIAL AM) INDUSTRIAL LOANS OF A SAIvjPLE CJ WEEKLY REPORTING MEMBER BANKS
BY INDUSTRY AND FEDERAL RESERVE DISTRICT,
WEEK ENDED WEDNESDAY, OCTOBER 26, 1955

H.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 ruYoer
Other manufacturing and mining

New
All DisBoston
tricts Pz
York

St.
Minne- Kansas
San FranPhila- Cleve- RichAtlanta Chicago
Dallas
delphia land
mond
Louis apolis City
cisco P /
(In millions of dollars)

+31.4
-28.5

- 1.4 +16.1 + .9
- 3.2 -19.9 - 1.3

-11.9
+10,9
- 3.8

- .8 - 2.2
l.l
+ .6 + 9.5 + .2
- 1.8 - 2.8 - .9

Trade:
Wholesale
Retail

'+30•4^

Commodity dealers

+
-

-

-

.1

.6 + 1.2 + 1.0
1.6
1*3 + 1.3
•

+ 5.0

- 1.4
- 6.4

+ 2.2
"

+
•

.4

.4 +
.2 -

.8 +
.2 .5

.4 — .2
•3 + 1^5
+ .6

.4

+ .2
.1 + 1.9

-

.3 + 1.0

+ 1.0

6.8

-

1.6 +

1.8

• 6*7

--

+

2.5

-

- 1.0
-1.9

--

•

.7
.6

.4
.4
+ 1.0

-

.5

«•

1.6 H #1 +
h

__

+

+
*3
•2 + 1.2 +

el +

si

.8 + 3.9
• 5 + .2

.3

- .8
+ 2.4

.4 (+ 1

- .6
1.5) + 8.8

.4

+

.8 +
.5 +

+44.3

+ 2.1 +24.8 + 4.4

+

.3 +

Sales finance companies

-23.6

- 1*3 -12.5

1.2

+

1.1

-

.3

Public utilities (including transportation)

-

- 8*6 + 1.3

—

+ 1.5

-

.5 +

.7

+ 2,0

-

,5 +

Construction

+ 6.6

.9

.1

+

+

•7 4 • 5

-

.6 + 3.4

- 1.2

All other types of business

- 9.0

.6 +

.9

-

.2 +
- -

+

.2
+15.7

-

-

1.6

.3

-

2.8

.3 +

+ 4.1

+

.8

.2

-

.4

.3

-

"

+ 2.6

.2

+

.1 +

-18.0 + 2.3

+

.5 + 1.5

.9

- 4.2

•

.4

-

1.8 + 6.6

+ 5.8

.7 + 2.4 + 5.4

-13.3

+ 9*7 + 1.8

•

.8 +21.3

+17.0

-

4.4

.6

4 3.3
-

-

.2

-

2.2

6.3

+14.0

-

2.0 + 6.0

-10.0

+ 8.0

+ 2.0

-

3.0 +15.0

+31.0

.5 + 1.2 +
.6

-

.5

--

--

Net change in classified loans l/

+45.9

-14.7 +13.4 + 3.0

+

Unclassified changes - net

- 3.9

-

.3 - 7.4 + 1.0

-

Net change in commercial, industrial,
and agricultural loans

+42.0

-15.0 + 6.0 + 4.0

.7
--

+

+

#8

1.7 +

-

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.
About 210 weekly reporting member banks are reporting changes in their larger loans as to industry; these banks hold over $0 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