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X
BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
11,12

(For Immediate Release)

November 30, 195$,

CHANGES IN COMMERCIAL AND INDUSTRIAL LOANS BY INDUSTRY
The net increase in commercial, industrial, and agricultural loans at
weekly reporting member banks during the week ended November 23 was $48 million.
The principal changes were increases of $48 million in loans to sales finance companies and $20 million in loans to manufacturers of metals and metal products, and
decreases of $10 million each in loans to manufacturers of textiles, apparel, and
leather products and to unclassified borrowers*
Most of the increase in loans to manufacturers of metals and metal products was in the New York District, but there were smaller increases in all but
three other districts. Loans to manufacturers of food, liquor, and tobacco produe us, which have increased substantially in previous weeks, showed an increase of
tp9 million, the smallest weekly increase since August 17*
Changes in loans during the week and since the mid-year are shown below;
. h third column shows the changes during the comparable period last year:
.e

Business of Borrower
Manufacturing and mining:
Food, liquor, and tobacco
Textiles, apparel, and leather
Metals and metal products
Petroleum, coal, chemicals, & rubber
Other manufacturing and mining

Cumulative since mid-year
Week
June 29, 1955
June 30, 1954
ended
. t o
to
Nov. 232/ Nov, 23, 19552/ Nov. 24, 1954
(In millions of dollars)

419
85
65

+388
+ 5
-524
+ 38
-•45

372
459
113
49

+188
+46l

+ 9
-10
+20
- 7
- 9

+
+
+
+
+

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

+ 3
+ 9
+48
+ 2

+
+
+
+
+
+

Classified changes - net
Unclassified changes - net

+58
-10

+2,105
93

+275
- 27

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

+48

+2,012

+248

- -

Total
£/ Preliminary; see footnote on attached table.




-

+

100
48

96

300

318

+2,330

-196

-271
+ 68
+164

CHANGES IN COMMERCIAL AND INDUSTRIAL LOANS OF A SAMPLE OF WEEKLY REPORTING MEMBER BANKS
BY INDUSTRY AND FEDERAL RESERVE DISTRICT,
WEEK ENDED WEDNESDAY, NOVEMBER 23, 1955

E.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 rubber
Other manufacturing and mining
Trade:
Wholesale
Retail

All Dis- .
Boston
tricts £/

+ 9.4
-10.1
+19.6
- 6.7
- 9-3

( .

(+

Q /c)
2.6,

-

+
-

New
York

St.
Phila- Cleve- RichAtlanta Chicago
Louis
mond
delphia land
(In millions of dollars)

+ .2
+ 1.1

•6

1.3

+ 6.5

-

.3

+ 1.4

.8

+ 5-4

-

Sales finance companies

+48.2

+ 2.8

+37-3

+ 3.8

-

2.6

-

*2

+ 1.0

Public utilities (including transportation)

+. 2.0

+

.5

+ 7.2

+ 1.0

-

3.0

-

.3

+

Construction

+

+

.1

+ 1.4

-

.2

+

.3

+

.5

-

All other types of business

- 6.9

+ 1.8

-18.5

-

4.7

+

.9

+

Net change in classified loans l/

+57.7

+ 1.8

+21.0

+ 3.3

+ 5-5

4-

Unclassified changes - net

- 9.7

-

.3

+ 1.5

+ 5.2

-

Net change in commercial, industrial,
and agricultural loans

+48.0

+ 1.0

+ 3.0

+ 7.0

+ 8.0

+13.0

+

-

1.0

•5

+

-

.6

4.0

el

+ 8.8

.8 - 8.0

- 1.3
+ 2.4
- 1-9

2 e 8

.7
•4

Commodity dealers

*1

- .2
- 2.1
- .3

-

•2 +
.1 +

,1
- -

.6
.7
.4

-

+
+

+

.9
1.4
+ .7

+
+
+

el

+ .9
+ 2.3

-

-

.4 + 1.0
• 3 - 1.5
.5

•2

- 7.3 + .7
.3 + 4.3

+

+ 3.2
+ .1

.2

+
+
+

+10.5
- 3.5
- 2.0

.3
.1

+
+

+

.9
1.0
1.8

-

-

+ 6.8
1,5
3.1

.2
.4
1.0

+

.6
.4

+ 1.0
.3

+
+

+ 1.0

- 2.6
- 6.6

•5 +
.1 -

+ 7-7
1.6

•9
+ 1.4

.1
.9

1.6
2.0

.3

+

— -

-

r

San Fra;
Mimie- jKansas
Dallas
cisco £
apolis I City

.4

+ 2.2

+
-

—

-

.1
.5
4.9

(

e 2

>

+ 2.5
+ 4.1

-

.1

-

.2

+ 2.3

+

1.1

- 1.3

+ 1.8

- -

- 6.1

+ 2.0

(

.5

+ 1.2

+

.4

.5

+

.3

-

.4

+

.2

+

.i

- 3.3

+ 1.6

2.2

+ 3.5

+

.7

+

.6

-

.3

+

.i

+

.5

+ 6.3

2.8

+ 8.7

+ 2.7

+ 3.9

-

3.7

+ 3.5

- 5.0

+13.2

1.7

+ 4.3

-

1.9

-

1.3

+ 1.5

+ 2.0

-10.2

+ 7.0

+ 7.0

+ 2.0

5.0

+ 5.0

- 3*0

+ 3.0

lei

— -

— —

p/ Preliminary; final totals will appear in the P. R. Bulletin and San Francisco District final figures appear in a release of the Reserve Bank#
l/ 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 ell weekly reporting member banks and nearly 70 per cent of those of all commercial banks.