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FEDERAL

0
Ol
i!

f^AL RS.
B^

RESERVE

statistical
For immediate release
April 10, 1963

H.12

CHANGES IN COMMERCIAL AND INDUSTRIAL LOANS BY INDUSTRY

Commercial and industrial loans increased in six districts and a net of
$40 million at weekly reporting member banks during the week ended April 3*
The principal net increases were $35 million each in loans to the wholesale
and retail trade and to "all other" types of business concerns, and $21 million to
manufacturers of machinery.
The larger offsetting net decreases were $$4 million in loans to manufacturers
of primary metals, and $28 million to the mining industry, which includes producers of
petroleum and natural gas.
Changes in loans during the week and since year-end are shown belowj third
column shows the changes during the comparable period last year.

Business of Borrower
Durable goods manufacturing:
Primary metals
Machinery
Transportation equipment
Other fabricated metal products
Other durable goods

Cumulative since year-en
Week
Dec. 26, 1962 Dec. 27, 19&1
t0
ended .
to
_/
Apr. 3 2/
Apr. 3. 1963 & Apr. 4. 1962
(in millions of dollars)
-54

+21
- 7

+ 8
+ 6

Nondurable goods manufacturing:
Food, liquor, and tobacco
Textiles, apparel, and leather
Petroleum refining
Chemicals and rubber
Other nondurable goods

- 3
+10
+ 5
+ 2

Mining, including crude petroleum
and natural gas
Trade: Commodity dealers
Other wholesale
Retail
Transportation, communication, and
other public utilities
Construction
All other types of business,
mainly services
Net change in classified loans
Unclassified changes - net
Net change in commercial and
industrial loans
£/ Preliminary.




- 42
+156
- 18
+ 30
+ 39

- 53

+115

+ 77
+ 75

+ 19
-359

-12

-375
+218
- 27
+ 91
+ 34

+260
- 20
+ 49
+ 11

-28

+268

+204

+ 2

- 84

+25
+10

- 66
- 52
+ 3

+13

-221

- 34

-287
+ 20

±35

+ $6

+ 89

+4o

+ 60
+ 22

+127
+ 18

+4o

+ 82

+144

+ 8

- 18

+ 27

In addition to the weekly table, a monthly table appears below showing
changes during March 1963 compared with the preceding month and with March 1962,
and also showing changes during the past twelve months.
Total commercial and industrial loans increased $644 million during the
month of March 1963, compared with an increase of $269 million during the month of
February 1963 and an increase of $810 million in March 1962.

Business of Borrower

4 weeks
ended

4 weeks
ended

4 weeks
ended

12 months
ended

Mar. 27,1963 Feb. 27,1963 Mar. 28,1962 Mar. 27,1963

(In millions of dollars)

Durable goods manufacturing:
Primary metals
Machinery
Transportation equipment
Other fabricated metal products
Other durable goods

+ l6.4
+106.6
+ 22.6
+ 1-9
+ 46.1

+
+
+
+

Nondurable goods manufacturing:
Pood, liquor, and tobacco
Textiles, apparel, and leather
Petroleum refining
Chemicals and rubber
Other nondurable goods

- 67.3
+124.5
+ 13.2
+104.9
+ 34.0

Mining, including crude petroleum
and natural gas
Trade: Commodity dealers
Other wholesale
Retail

+ 24.5
+115.6
+ 96.5
+ 66.7
+ 44.0

+
+

- 98.7
+121.3
- 21.3
+ 12.6
+ 27.4

- 66.0
+103.4
- 1.0
+ 89.4
+ 31.3

+
+
+

4.4
70.9
2.4
2.1
104.9

+ 77.5

- 13.4

- 40.5

+

369.7

- 82.3
- 1-7
+102.3

- , 4.7
+ 32.1
+ 59.3

- 48.9
+ 51.9
+ 92.1

+
+

8.9
98.0
198.1

+ 16.4
+ 23.2

- 66.8
+ 2.2

+ 86.5
+ 36.7

+
+

199.1

+ 59.6

+ 18.2

+ 66.9

+

438.0

Net change in classified loansl/

+597.9

+244.0

+749.1

+1,669.0

Unclassified changes - net

+ 46.1

+ 25:0

+ 60.9

+

Net change in commercial and
industrial loans

+644.0

+269.0

+810.0

+2,194.0

Transportation, communication, and
other public utilities
Construction
All other types of business,
mainly services

.8
84 • 0
24.6
32.6
35.4

+

180.4
103.9
63.3
19.4
126.8

105.1

525.0

1/ See footnote on following table regarding current coverage and footnotes on front
page regarding comparability with prior figures.



H.12(a)

CHANGES IN CCMMERCIAL AND INDUSTRIAL LOANS OF A SAMPLE OF WEEKLY REPORTING MEMBER BANKS
BY INDUSTRY AND FEDERAL RESERVE DISTRICT, WEEK ENDED WEDNESDAY, APRIL 3, 1963
All DisNew Phila- Cleve- RichI
St. MinneBusiness of Borrower
tricts 2/ [Boston York delphia land mond Atlanta Chicago Louis apolis
(In millions of dollars)
Durable goods manufacturing:
—1.2
Primary metals
-54.0
- el
- .4
-23.9
- .4
-29.7
- *3
+
"7
- .8
+21.3
+1.6
+ 5-1
+ .2 +8.3 +1.4
Machinery
+ 2.7
+ -3
-1.3
- .4
- 6.8
——
- .1
Transportation equipment
+ .5 + 1 . 7 + -5
- 7.3
- 1.5
— —
+ .2
+ .7
+ 7-9
Other fabricated metal products
+ 3.9
+3.9
+ .3
+ 1.9
- .8
- 1.9
+ 6.4
+2.1
+ 2.1
— *1
+1.2
+ 2.0
Other durable goods
- .1
.3
+
+ .6
+ -3

Kansas
ISan FranCity ^ " I c i s c o $

+

.1

+
+

.5
»5

+ *1
+ «4
--

+
+
-

+ 1.9

-1.6
+1.2
+2.2

+12.5
+
.6
+ 1.6

+

.5

——

- *1

+

.4

—

#1

mmmm

Nondurable goods manufacturing:
Food, liquor, and tobacco
Textiles, apparel, and leather
Petroleum refining
Chemicals and rubber
Other nondurable goods
Mining, including crude petroleum
and natural gas

- 3.4
+10.1
+ 4.6

-13.0

+ -5
- -5
— *1
+ .7
+1.1

+ 4.4
+
.4
- .4
+ 1.7
+
.1

- -5

-14.5

- .1

-

+ .2
+1.7

— 1 .2
+18.5

+12.0

-1-9
+ .1
- .4

+ 1.8
+ 2.4

-11.8

-1.3
-1.6
——
+ .9
- .6

+
-

-28.4
+ 2.1
+25.4

+ 1.5

3.0
7.2
4.1
3.3

-4

-2.3
+3.7
-»—

- .6
- -3

+
—
-

.1
.2
.6
.2

-1.0

-I3.5
+
.8
+6.4
+
.8

+

.7

-4.0
-1.7

- .1
+ .1
t .7

+2.7

- 9.1

-2.4
+1.2
+ .8

+ 3
+ .2
-1«3

+3*0
- .4
- 3.6

+6.9
- .4
+ .2

-2.8

- .8

- 7.3

-1.0

- -

+2.9
- *1
- .1
- .5

+ .2

•

+

+

m»

.5

.3

- .2
+ 1.2

+ .2

- .6

+ .2

1.1
4.3
1*8
1*2
2.5

— .2
.

-

.4

-5 *8

- *1
+ .1

-1.5

- .4
+ 1.0
- .5

+ .2

- 1.1

- *5

+ 2.3

+ .6 +2.9

-1.1

- .3

- 1.0

- *3

-15 *o

-1.7

+ .3

* .4

+1.5

+3 »0

-

Trade: Commodity dealers
Other wholesale
Retail

+ 9.7

Transport at ion, communication, and
other public utilities ,

+12.6

-1.4

+35.3

+7.1

+ . .2

Construction

+ 7.9

+2.6

+ 6.6

-1.2

— 1.6

All other types of business,
mainly services

V
+35.2

+ .6

+ 8.9

-1.5

- 1.0

+5-3

-2.6

+ 2.5

+ .8

+ .8

+ 2.6

-1.3

+20.1

Net change in classified loansl/

+39.8

-2.5

+29.8

+8.7

-22.5

+2.9

-2.5

- 6.8

+2.7

+ .1

+ 7.6

-2.1

+24.4

Unclassified changes - net

+

.2

-5.5

- 3.8

+ -3

+

-5

+1.1

- .5

- 6.2

+ -3

-l.l

+ 3.4

+ .1

+11.6

Net change in commercial and
industrial loans

+4o.o

-8.0

+26.0

+9.0

-22.0

+4.0

-3 «o

-13.0

+3.0

-1.0

+11.0

-2.0

+36.0

t3-5

mm am

.2

vj Preliminary; final totals will appear in the F. R. Bulletin and San Francisco District final figures appear in a release of the Reserve Bank.
1/ About 200 weekly reporting member banks are reporting changes in their larger loans as to industry; these banks
about 95 per cent
of total commercial and industrial loans of all weekly reporting member banks and about 70 per cent of those of all commercial banks.