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A . H 1 P A R « OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
September 3> 1952

(For Immediate Release)

?,12

• RESERVE'^ M G E S IN COMMERCIAL AND INDUSTRIAL LOANS BY INDUSTRY
Increases in loans to food, liquor, and tobacco manufacturers
amounted to $$4 million and accounted for nearly half of the $120 million
increase in commercial, industrial, and agricultural loans during the week
ended August ..SI* This was the largest weekly increase in this category since
the seasonal increase began.
Other increases included $22 million to the petroleum, coal,
chemicals, and rubber industry, $12 million to commodity dealers, and $10
million to public utilities. The larger increases in loans to commoditydealers were in the New York and Minneapolis Districts. An $8 million increase in loans to manufacturers of metals and metal products in the Cleveland District was largely offset by decreases elsewhere.
Changes in loans during the week and since the year-end were as
follows:
Business of Borrower

Week
ended
August 272/

Since
December 26g/

(In millions of dollars)
Manufacturing and mining:
Food, liquor, and tobacco
Textiles, apparel, and leather
Metals and metal products
Petroleum, coal, chemicals, & rubber
Other manufacturing and mining

+ 54

+ 8
+'1

+ 22

+

1

-726

- 16
+897

+272
+ 89

12

-148
-496

10
2
10

-130
+ 35
+ 59

Classified changes - net
Unclassified changes - net

+110
+ 10

-452
-221

Net change in commercial, industrial, and agricultural loans

+120

-673

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

p/

1

6

Preliminary; see footnote on attached table




-287

CHANGES IN COMMERCIAL AND INDUSTRIAL LOANS OF A SAMPLE OF WEEKLY REPORTING MEMBER BANKS
BY INDUSTRY AND FEDERAL RESERVE DISTRICT,
WEEK ENDED WEDNESDAY, AUGUST 27, 1952

E. 12(a)

Business of Borrower

+I4.0,6
+ U*2

+

+

- 2.9

+16.9

.7

•O

Trade;
THholesale
Retail

+ 7.9

+ 1.7
+ .1

+5k.l

§

Manufacturing and mining1
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

(In millions of do lars )
Phi la>
Cleve~l RichNew
All Dis-y,
Boston York delphia land I mond Atlanta Chicago
tricts P/

+

+

.6

(

,)
6

- >

r

.3
+ 1.0

+

.7

+

.2
.7

.3

1.0

+

.2

-

.2

+11.8

MM

3*5

+ l*h

+

.8

Sales finance companies

—

+ 3.7

- 6.5

-

U.0

+

.U

+11,3

Construction

*• 1 . 6

mm

.2

-

All other types of business

+10.1

+

.7

-

.1

+

.7

Net change in classified loans*/
Unclassified changes - net
Net change in commercial, industrial#
and agricultural loans

+120.0

.7

.6

— —

-

.2

mmm»

-

.2

2.8

.1

4 +h
+ •6

•9
4 •6
-

4 l»it
*

4 •9
-

-

.2

4 .8
-

"
- It. 5 4 . 6
+ 1.3

— —

*8

4 .6
-

-

»5

-

-

•1

4
*
-

+

+
*"•

+

•9

+
+

4 *3
-

*3

4 a
-

-

-

.1

- 1*3

2.9

+ U.o

+75.0

~

3.0

+10+0

4 3.0
-

*•

a

.5

4 3.0
-

—-

**

.1

-

1.5

-

.2

—

1.6

.3

+ 1.0

1.9

.3

-

(+

(

-

Not

i.ii

.7
.6

.3

5.0

-

+ 1^2
+ #1

avail-

.4)

4 3-1
-

+

1.3

able

.1

2.3

-

— -

•

+ 1.7

-

.5

-

.8

2.h

+

.2

-

.8

+ 7.8

1.6

+ 6*2

-

2.U

4 6.3
-

l.h

-

7.2

•U

2.3

3.0

-

1.0

-

+ !u6

+ 1.0

.2

.8

+ 8,ii

.6

.2

+

+ 3*5

4 5.9
-

.2
.2

+ l.U

4 .1
-

+11*3

+
+

1.0

4 2.0
-

2,9

+

— —

4 1.0
-

mm

.7
.2

.1

K5

4 W
-

•7

.1

+70» U

-

*2

4
-

-

+
mm

-

4 1-7
4 *2
-

it.6

+109.7
+10.3

+

+ 1.2

.b

+ 9.6

•2

4 1*8
4 2.0
-

4 *2
-

+ 2.6

+ 1.5
- 2.0

Public utilities (including transportation)

4 3.3
,h

8.U

mm mm

+

+

Commodity dealers

6.1

+ 1.2

San FranSt. Minne- Kansas
Dallas
cisco
Louis apolis City

.u

4 8.0
"

-

-

2.0

+ lu 0

—

+22.0

+22.0

p / Preliminary; final totals will appear in the F.R. Bulletin and San Francisco District figures appear in a release of the Reserve Bank.
er
cent of
l/ About 220 weekly reporting member banks are reporting changes in their larger loans as to industry; these banks hold nearly 95 P
of all commercial banks*
— total commercial and industrial loans of all weekly reporting member banks and about 70 per cent of those




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