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BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
H.12

(For Immediate Release)

September l8, 1957

CHANGES IN COMMERCIAL AND INDUSTRIAL LOANS BY INDUSTRY
Most industrial classifications were represented in the net increase of
$227 million in commercial and industrial loans at weekly reporting member banks
during the week ended September 11.
The principal increases were $85 million in loans to sales finance companies, $46 million to manufacturers of food, liquor, and tobacco products,
$34 million to the wholesale and retail trade, and $23 million to manufacturers of
aetals and metal products; the latter increase followed ten consecutive weeks of
decreases. The only net decrease during the week was in loans to public utilities,
amounting to $6 million.
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
Sept. lip/

Cumulative since mid-year
June 26, 195%
June"27, 1956
to
to
Sept. 11, 1957E/
Sept. 12, 1956
(in millions of dollars)

+ 46
• 1
f
+ 23

+ 6l
+ 70
-393

+100
+ 97
-281

+
+

7
b

+ 13
+ 38

+306
+152

+ 34
+ 85
- 6
- 1
f .
+ 11

+ 28
+182
-i4o
- 58
+ l4
+ 46

+ 22
+282
-101
+ 56
- 6
+145

Classified changes - net
Unclassified changes - net

+207
+ 20

-140
-114

+771
- 76

Net change in commercial and
industrial loans

+227

-254

+695

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

— —

p/ Preliminary; see footnote on attached table.




CHANGES IN COMMERCIAL AND INDUSTRIAL LOANS OF A SAMPLE OF WEEKLY REPORTING MEMBER BMKS
BY INDUSTRY AND FEDERAL RESERVE DISTRICT,
WEEK ENDED WEDNESDAY, SEPTEMBER 11, 1957

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

New
All Districts P / Boston

Phila- Cleveland

St.
Richmond Atlanta Chicago Louis

(In millions of dollars)

+ 45.8

+ 1.1

-

.7 +16.7 +1.2
.8 - 2.2 +1.2

+
+

.1
.1

+ 22.6
+ 6.6
+ 5.8

+ 2.6 + 5.1 + .4
• 9 + 3.3 + .1
+ 2.1 +1.0 +1.5

+

.4 +
.3 +
•5 -

+ 34.3

- 1.1 +7*1 + *7
+ * 9 +9.8 +1.2

+ .5 +
+ 2.4 +

+

- .7

Commodity dealers

•3

-

+

+1.5
- .2

+ 7-8
+ -5

.2
.2
.2

+ .8
+ .4
+ -5

+ 5-7
+ 1.3
- 1.4

.6

4- • X

+ 4.7

+ 4.5
+ 1.0

+1.7
- .1

-1.7
- .1

+

.1 +2.2
.2 + -9
.6 - -5

+ .6
- .3
+1.4

+ .2
+ 1.6
+ •5

+ M
+ .1
+ 1.0

- .9

+ .4 < + 1.8>
+ .9

- 1.0
+ 1.9

—1.6

+2.6

+

.8

+

+ 4.5
+ 1.4
-

+
-

lSan FranMinne- Kansas
apolis City Dallas cisco £/

.5

+ .2

+ 1.8

+ .6
+ 1.2

+ 1.4

+ 1.6

+ .8

- 2.3

— 3*6

.4
.2

+10.6
+ .1

.7

Sales finance companies

+ 85.O

+ 4.7

+51.5

-4.8

+ 8.7

+ 1-5

+ *9

+15.0

-

.9 +2•1

- .1

+

.4

+ 6.0

Public utilities (including transportation)

-

+ 4.8

-19.O

+ .3

+ 1.9

-

.1

+ .5

+ 1.2

+

.2

+1.1

-1.4

+ 2.1

+ 2.0

Construction

+ 1.2

+

.9

— .6

+

.9

+

.5

+ 1.4

+ .6 -1.2

- .1

+

- 1.3

All other types of business

+ 11.4

+ 8.4

+1.1

-

.7 - 2.3

+ 1.0

+ .1 + .2

+ -9

+ 2.1

+ 5.5

+3-1

+ 9-4

+30.1

+ .9

+ 1.6

-

+4.0

+11.0

+30.0

6.4

——
- 2.0

-2.9

Net change in classified loans l/

+207.4

Unclassified changes - net

+ 19.6

+ 2.1 + 9.k

+ 3.1

+ 2.0

+ .4

+ 3-3

Net change in commercial and
industrial loans

+227.0

+12.0 +92.0 +2.0

+19.0 +10.0

+3.0

+40.0

+ 4.0

•X

.1

2/ Preliminary; final totals will appear~l5"^he FT 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 veekly reporting member banks and nearly 70 per cent of those of all commercial banks.