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BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
H.12

(For Immediate Release)

November 27, 1957

CHANGES IN COMMERCIAL AND INDUSTRIAL LOANS BY INDUSTRY
During the week ended November 20 the net decrease in commercial and in31
dustrial loans at weekly reporting member banks amounted to $ * - million. The principal net decreases were $34 million in loans to sales finance companies, $32 million to "other" types of business, and $27 million to public utilities. Offsetting
net increases included $33 million to manufacturers of food, liquor, and tobacco
products and $14 million to manufacturers and producers of petroleum, coal, chemicals, and rubber products.
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

Week
ended .
Nov. 20E/

Cumulative since mid-year
June 2b, 1957
June 27, 195&
to
.
to
Nov. 20, 1957—'
Nov. 21, 1956
(in millions of dollars}

+33
- 3
+ 9

+362
-118
-48l

+
+
-

644
15
231

+14
- 5

+ 45
- 80

+
+

483
88

Trade—wholesale and retail
Commodity dealers
Sales finance companies
Public utilities and transportation
Construction
All other types of business

- 2
+ 9
-34
-27
-32

+239
+328
-591
- 46
- 25
- 28

+ 296
+ 613
- 474
+ 204
37
+ 160

Classified changes - net
Unclassified changes - net

-39
±JL

-394
-351

+l,76l
- 177

Net change in commercial and
industrial loans

-34

-744

+1,584

- -

p/ Preliminary; see footnote on attached table.




E.12(a)

CHANGES IN COMMERCIAL AND INDUSTRIAL LOANS OF A SAMPLE OF WEEKLY REPORTING MEMBER BANKS
BY INDUSTRY AND FEDERAL RESERVE DISTRICT,
WEEK ENDED WEDNESDAY NOVEMBER 20, 1957
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

Minne- Kansas
San FranSt.
Phila- Cleve- RichNew
All Dismond Atlanta Chicago Louis apolis City Dallas cisco p/
tricts P / Boston York delphia land
(in millions of dollars)
+33.1
- 3.2

+ 1.0
- 4.5

+12.0
+ 1.4

+1.1 —1.0
-1.4 - .8

+ 2.6
+ .7

— .1
- .2

+ 6.8
- 1.2

+ 3-1 - .4
+ 2.7

+ ,5
+ .1

+ 8.5
+14.2
- 5-4

- .1
+ 1.1
- 1.2

+24.0
+ 8.4
- 6.3

-2.2 - 3 . 2
+ .2 +1.6
+ .2 - . 2

+
+

.1
.2
.5

+ .2
+1.1
+ «5

- 8.0
— .7
- .2

-

.1
.4 + . 1
+ .2

+ .8
+ .4
- .2

+ .1
+ 3.1

- 4.4
+ 6.7

+ .1 -1.9
-1.5 +3.4

+ 1.4

+ .7
+ .4

- .6
+ 1.8

+ .1 - .2
+ 1.5 +2.2

+ .6
+ .4

r

- -3
- .1

+ 7.8
+ .1

+ .1
- .5

- 2.8
+ 2.1
+ 1.8
- 1.2
-19.8

Commodity dealers

+ 8.7

- 2.2

- 1.0

- .4 + .4 + 1.2

+ .8

- 2.9

+ 1.4 +2.6

+1.6

+6.4

+

Sales finance companies

-34.1

- 1.3

-28.9

+7.2

—6.9

+ 5-2

-1.7

- 3-5

+ 5.0

-1.7

-2.0

-3.7

- 1.8

Public utilities (including transportation)

-26.9

- 7-3

-26.4

+1.8

+ «5 + 1-5

+1.3

+ 2.4

+

.3 - .2

+ -3

-1.8

+

Construction

-

.1

+

.6

+ 2.2

+ .4 +1.5

-7

+ .1

+

.4

+

.4 - .6

- .8

-2.2

- 1.4

All other types of business

-32.2

+

.3

-45.3

+1.8

- .3 + 2.6

+1.6

+ 3-5

+

.7

+ .4

-1.5

+ 4.0

Net change in classified loans 1/

-39-0

-10.4

-57-6

+7.3

-6.9

+15.1

+4.7

- 2.2

+14.7

+2.0

+2.1

+1.9

- 9.7

Unclassified changes - net

+ 5.0

- 1.6

-29.4

+1.7

-l.l - 2.1

+ .3

+ 5.2

+

.3 -2.0

-1.1

+2.1

+32.7

Net change in commercial and
industrial loans

-34.0

-12.0

-87.O

+9.0

-8.0 +13.0

+5.0

+ 3.0

+15.0

+1.0

+4.0

+23.0

-

— —

- -

.8

.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.
1J About 210 weekly reporting aietnb&r 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.




Federal Reserve Bank of St. Louis, One Federal Reserve Bank Plaza, St. Louis, MO 63102