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BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
(For Immediate Release)
H. 12
November 20, 1957
CHANGES IN COMMERCIAL AND INDUSTRIAL LOANS BY INDUSTRY
Included in the $86 million net increase in commercial and industrial
loans at weekly reporting member banks during the week ended November 13 were
increases of $29 million in loans to manufacturers of food, liquor, and tobacco
products, $25 million to "other" types of business, $22 million each to the wholesale and retail trade and to public utilities, and $17 million to manufacturers of
metals and metal products. The only large offsetting decrease during the week was
$5^ million in loans to sales finance companies.
Changes in loans during the week and since mid-year are shown below; the
third column shows the changes during the comparable period last year.
Business of Borrower
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 mid-year
Week
June 26, 1957
June 27} 1956
ended . t o
to
Nov. 132/ Nov. 13> 1957^'
Nov. 14, 195&
(In millions of dollars)
+29
+ 9
+17
+331
-114
-483
588
39
- 258
+ 4
- 4
+ 30
- 72
+
+
475
98
Trade--wholesale and retail
Commodity dealers
Sales finance companies
Public utilities and transportation
Construction
All other types of business
+22
+ 5
-54
+22
- 1
±25
+233
+317
-557
- 24
- 25
- 1
+
+
351
600
493
180
31
187
Classified changes - net
Unclassified changes - net
+73
+13
-365
-345
+1,735
- 177
Net change in commercial and
industrial loans
+86
-710
+1,559
p/ Preliminary; see footnote on attached table.
+
+
+
+
CHANGES' 15" COMMERCIAL AND INDUSTRIAL LOANS OF A SAMPLE 6F WEEKLY REPOKl'lHVi MEMBER BASIS
BY INDUSTRY AND FEDERAL RESERVE DISTRICT,
WEEK ENDED WEDNESDAY, NOVEMBER 13, 1957
E.12(a)
Business of Borrower
Manufacturing and mining:
St. iMnne- Kansas
San FranNew Phila- [Cleve- RichAll Diatricts p/ Boston York delphiaj land mond Atlanta Chicago Louis japolis City Dallas cisco ?/
(In millions of dollars)
+ 5.6 + .8
•2 + •5
+1.6 + 3.5
.9
- . 2 - .8 + 3.9
+3 • 3 - • 3 + 1.2
- .2 + .2
+ 1.5
+ .3
.1 - .1
+ 1.4
+ 1.7 + • 5 -1.2
- 1.6 + .1 +1.6
+ 2.9 + .2
- .4 + 1.1
- 2.8 - .3
- .7 + .5 + -5
- .1 + 1.0 + 2.6
- . 1 — .1 - -9
•
+ 2.3
+ 1.6
—
+ .4
+ 1.7 + .7
+1.5
+ .2 - .3
+ 4.1 + 1.7
- .9 + .9 (' 1.6)
+ 3.6
- 7.7
+ 1.5
- .2 - .5
- .6
+ 3.2 + 3.7
+1.2 + 1.0
+ 5.0
+ 2.3
-3»7
-21.9
--
- 4.4 - .9
-1.3
-22.4 - 1.2
+ .3 + .5
- 1.6
+ 2.7
+21.5
-1.3
+12.7
+ 1-2
+ 3-6 +1.7
+3-3
+ 1.0 + .8
-2.2
+ .1
+ .6
Construction
- 1.3
- .7
+ 1.0
+ .3
+ 1-4 + .4
+1.3
- 5-2 -
.6
+ .2 + .5
+ .1
All other types of business
+25.0
+1.0
+ 9-6
+ .3
z
»3 +1.6
- .9
+ 2.8 + 1.5
+ .2 + 2.3
+ 4.8
+ 2.1
Net change in classified loans 1/
+73.4
-7.9
+19.9
+12.9
+ 8.7 +5.2
+5.0
-13.9 + 9-6
+1.5
+ 7.2
+13.4
+11.8
Unclassified changes - net
+12.6
+3.9
— 3.9
+ *1
+ 1.3 —1.2
+1.0
- .1 + .4
-2.5
+ 2.8
+ .6
+10.2
Net change in commercial and
industrial loans
+86.0
-4.0
+16.0
+13.0
+10.0 +4.0
+6.0
-14.0 +10.0
-1.0 +10.0
+14.0
+22.0
+10.5
+ 3-8
+ lei
+ 2.1
+1.4
-1.9
-1.8
+ 8.7
+ Jo
+ 1-3
+ 1,8
+ •3
+ A
I+21..5)
- .6
+2.0
- 3.6
+ 4.9
Commodity dealers
+ 5.3
-3.6
Sales finance companies
-53.9
Public utilities (including transportation)
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
+29-2
+ 9.4
+1.3
+17.1
+ 3.9
- 4.3
—
-
-
+ .3 + 1.0 (
+ .6
-3
•1
) - 1.6
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.
1/ About 210 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 "JO per cent of those of all commercial banks.
@FedFRASER