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B A D OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
OR
H.12

(For Immediate Release)

October l6, 1957

CHANGES IN COMMERCIAL A D INDUSTRIAL LOANS BY INDUSTRY
N
Net decreases of $169 million in loans to sales finance companies and
$55 million to public u t i l i t i e s were the principal factors in the $l8l million
decrease in commercial and industrial loans at weekly reporting member banks during
the week ended October
Offsetting net increases included $37 million in loans
to manufacturers of food, liquor, and tobacco products and $26 million to the
wholesale and r e t a i l trade.
Changes in loans during the week and since mid-year are shown below;
the third column shows the changes during the comparable period l a s t 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
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
All other types of business

Week
ended
Oct. 92/
+ 37
- 13
+ 7

Cumulative since mid-year
June~257~1957
June 27,1955
to
/
to
Oct. 9, 1957Oct. 10, 1956
(in millions of dollars)
+228
+

2

•432

-

4

+ 15

-

2

- 12

+ 26

+ 92

+
+

361

-

93
331

+
+

379
144

+
+

116

+ 13
-169
- 55
+ 3

+211
-281

Classified changes - net
Unclassified changes - net

-165
- 16

-191
-202

Net change in commercial and
industrial loans

-181

-393

+

436

-

-

8

p/ Preliminary; see footnote on attached table.




- 59
- 4
+ 49

-

+
-

+

428
162

25
155

+1,062
95
967

•OfaftHGESINCOMMERCIAL. A D INDUSTRIAL LOANS OF A SamPLE OF W E L REPORTING M M E BASIS,
N
EKY
E BR
BY INDUSTRY A D FEDERAL RESERVE DISTRICT,
N
W E ENDED WEDNESDAY, OCTOBER 9, 1957
EK

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 rubber
Other manufacturing and mining

Trade:
Wholesale
Retail

Minne- Kansas
San FranAll Dis- Boston! New Phila- ICleve- Rich- J Atlanta J Chicago St.
Louis apolis City Dallas cisco P/
York delphia]| land mond
t r i c t s P/
1
(In millions of dollars)
+ 36.6
- 13.4

+ 3.1
- .6

— 6.9

+ 1.4
- 1.9

+ 6.4
+ .2

+2.5
- .8

+ -7
- .8

+2.9
-1.9

+2.5
- .7

+ .4
+1.3

+- .2
- .2

-1.3
- .5

+3.1
- .6

+ 7.4
- 3-8
- 1.9

+ 1.8
- .3

+ 7-8 - .4
+ -9 + .2
+ 1.4 - .6

•3
- 9-4
- .4

- -9
+ .2
- .3

- .5
- .6

-kL . 0
-1.7
- .k

+ .3
+ .1
+ *2

+ .2
- .1
- .4

-1.0
+2.8
+ .1

- .1
+1 + .3

+ .8
+ .9
- -9

+ 2.7

+ 13.8

+ .5 + .3
- -3 + .9

+ .3
- .4

+ .1
- .4

+6.2
+3.0

+ .5
- .5

- .7
+ .2

- .2
- .8

(+1-5i

-3-2
-2.1

- 1.1

+ 7-8

+ .6

+ -7

+ .3

+5.0

+3.5

- -7

- .8

-1.6

-1-5

- 6.4

-136.1

- 7.1

-2.4

-2.5

-7.1

-6.8

-1-3

- .8

-4.7

+6.5

+ 4.4

(+ 25.8 j

+ 14.7

+ .3

0

Commodity dealers

+ 12.5

Sales finance companies

-168.7

Public u t i l i t i e s (including transportation)

- 54.8

+

.8

- 29.5

- 2.2

-12.3

+ .3

- .2

-9.2

+1.1

--

- -9

-1.2

-1.5

Construction

+ 2.6

+ .4

+ 5.9

+ .2

--

+ •3

+ -3

+ .9

-1.0

-1.8

+ .1

+ «1

-2.8

All other types of business

-

+

-

- 2.0

- 2.2

-2.5

- .1

-2.7

- .6

+ .6

- .4

+1.6

+2.9

-16.5

-3.0

-3.7

-4.0

-1.4

-2.3

-1.9

-4.9

+1.6

.4

- 3.5

-1.0

+ -7

-2.0

- .6

-3-7

-3.1

+ .9

-7.6

-12.0

-20.0

-4.0

-3.0

-6.0

-2.0

-6.0

-5.0

-4.0

-6.0

7.6

1

.2

2.4

Net change in c l a s s i f i e d loans 1/

-165.3

+ 5-0 -122.6 -11.6

Unclassified changes - net

-15.7

+ 9-0 -

Net change in commercial and
i n d u s t r i a l loans

-181.0

+14.0

4.4

-127.O

-

- -

p/ Preliminary; f i n a l t o t a l s w i l l appear in the F. R. Bulletin and San Francisco D i s t r i c t f i n a l 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 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 nearly 70 per cent of those of a l l commercial banks.