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BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
(For Immediate Release)

H. 12

September 17, 195®

CHANGES IN COMMERCIAL AND INDUSTRIAL LOANS BY INDUSTRY
Except for a $33 million net decrease in loans to sales finance companies,
all industrial classifications increased their borrowings during the week ended
September 10, and the net increase in commercial and industrial loans at weekly
reporting member banks was $207 million.
The principal net increases were $52 million in loans to manufacturers
of food, liquor, and tobacco products, $49 million to "other" types of business,
$39 million to manufacturers and producers of petroleum, coal, chemicals, and
rubber products, $27 million to the wholesale and retail trade, and $17 million
to public utilities.
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
Trade--wholesale and retail
Commodity dealers
Sales finance companies
Public utilities and transportation
Construction
All other types of business

Week
ended
Sept. 10E/

Cumulative since mid-year
June 26, 1957
June 25, 195%
to
to
582/
Sept. 11 > 1957
(in millions of dollars)

+ 66
+ 70

+ 52
+ 3
+ 14

+ 82
- 5
-492

+ 39

- 23

- 10

+ 13
+ 38

+
+
+
+
+

+ 38

+ 29

+ 6
27
7
33
17
1
49

-397

-135
+ 37
+135

+184
-134
- 56
+ 13
+ 46

+142

- 89

Classified changes - net
Unclassified changes - net

+ 24

+183

-322
- 12

-129
-125

Net change in commercial and
industrial loans

+207

-333

-254

p/ Preliminary; see footnote on attached table.



%

C E ^ G E G IN COMMERCIAL AMD INDUSTRIAL LOANS OF A SAMPLE OF WEEKLY REPORTING MEMBER BANKS
BY INDUSTRY AND FEDERAL RESERVE DISTRICT,
WEEK ENDED WEDNESDAY, SEPTEMBER 10, 1958

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

All Districts P/ Boston

New
York

Phila- Cleve- Rich- Atlanta Chicago
mond
delphia land
(In millions of dollars)

St.
Minne- Kansas
San FranDallas
cisco 2/
Louis apolis City

+ 1-5
1-5

+24.9
- 3.4

+ 2.7
+ 1.5

- -5
- .2

- .3
+1.6

+ 1.4
+ 2.8

+ 5.6
+ .2

+3.9
+ -7

+ 2.1
- .2

+ .8
+ .1

+ 1.2
+ .3

+ 8.6
+ .9

+

+ 1.9
+ 1.1
+ .3

+1.3
- -3
--

- .2
- .1
- .1

+ 1.3
- 1.0
- .3

+ 9.1
+ 6.6
+ l.l

-1.3
- .5
- .5

+
+

.9

1.8

- 1.4
+31.0
+ 3.4

+ .3
+1.8
+ .3

+ 1.1
+ 2.2
+ .6

- 1.0

( + 271 2) + .5
C.
• C.\
+ 1.5
(+

+ 4.8
+ 4.3

+ 1.3
- .5

+ •3
- .1

+ .5
+ .3

+
+

2.9
1.5

+ 4.8
+ 2.6

+1-5
+1.6

+
+

.8

+ 1.4

+2.9

+2.7

+

1.5

-

-4.2

+ 1.3

-1.1

+ 3.3

+ 1.2

2.6

-3.2

- .6

+

.4

+ 1.4

+ .8 + 8.8

+1.9

-

.4

+ 3.6

--

+3.9

+ .5

+

1.1

+ 1.9

+ .5

+

.7

+1.6

-

.8

- 1.9

+ .4

+

.8

- 5.0

+1.1

-

.7

+ .4

+ 4.3

+

+ 51.9
+ 2.8
+ 14.3
+ 39-2
+ 6.4

-

+

.6
--

.6
.4

•3

+ .1
- .4

L

(

+

.7

.6

.8)

)

+ .9
- 3.1

Commodity dealers

+

7.0

- 1.4

+

Sales finance companies

-

32.7

+ 5.9

-53-9

Public utilities (including transportation)

+

16.5

+ 1.3

+ 7-7

Construction

+

1.2

All other types of business

+ 49.1

+ 2.0

+26.7

+ 1.4

+1.9

+1.4

+ 1.7

+ 2.1

- .6

+ 1.8

+ .3

+ 8.2

+ 2.2

Net change in classified loans if

+182.9

+11.7

+45.0

+13.3

-t6.o

46.1

+14.1

+29.5

+3.0

+15.6

+6.1

+20.8•

+11.7

Unclassified changes - net

+ 24.1

+

.3

+14.0

+

.7

+2.0

+2.9

-

.1

+ 8.5

+1.0

+ 3.4

+ .9

+

.2

- 9-7

Net change in commercial and
industrial loans

+207.0

+12.0

+59.0

+14.0

+8.0

+9.0

+14.0

+38.0

+4.0

+19.0

+7.0

+21.0

+ 2.0

-

•5 +

.3

.6

+

-

.4

•9

.2

p7~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 member banks are reporting changes in their larger loans as to industry; these oanks hold about 95 p©r cent of total
commercial and industrial loans of all weekly reporting member banks and about 75 per cent of those of all commercial banks.




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