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F E D E R A L
statistical

R E S E R V E

release

For Immediate release
April 18, 1962
IN COMMERCIAL AMD INDUSTRIAL LOAMS BY INDUSTRY

H.12

Commercial and industrial loans decreased a net of $94 million at weeklyreporting member banks during the week of April 11. The principal net decreases were
$52 million each in loans to manufacturers of food, liquor, and tobacco products and
to petroleum refiners, $43 million to manufacturers of machinery, and $39 million to
transportation, communication, and other public utilities.
• The larger offsetting net increases were $53 million in loans to the wholesale and retail trade and $23 million to the construction industry.
Changes in loans during the week and since year-end are shown below; 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 yea
year-end
Week
Dec. 27, I96I Dec. & C W
ended .
to
.
to
Apr.11 £/
Apr. 11,1962 £/ Apr. 12, 1961
(In millions of dollars)

+

6

- 43
- 16
+ 1
- 1

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

S
52
1
3

47)
72)

I

1/-

1

l/ n.a.

-4io
+274
- 72)
+ 49)
+ 14

1/+137
l/ n.a.

+196

1/+121

-358
+179

Mining, including crude petroleum
and natural gas

-

Trade: Commodity dealers
Other wholesale
Retail

- 4
+ 21
+ 32

- 87
+ 3)
+ 59)

-102

- 39
+ 23

-326
+ 43

-226
- 30

+ 90

+279

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

8

-171

Net change in classified loans
Unclassified changes - net

-116
+ 22

10
4o

-171
2/- 3

Net change in commercial and
industrial loans

- 94

+ 50

2/-174

g/ Preliminary."
n.a. - Not available.
l/ Because of reclassifications as of September 27, 1961, many categories are not
strictly comparable with prior data; cumulative changes shown for other durable
and other nondurable are from September 20, 1961.
2/ Revised to eliminate adjustments in series since July 8, 1959, for mergers of nonreporting banks with reporting banks.



H. 12(a)

CHANGES IN COMMERCIAL AND INDUSTRIAL LOANS OF A SAMPLE OF WEEKLY REPORTING MEMBER
BY INDUSTRY AND FEDERAL RESERVE DISTRICT, "WEEK ENDED WEDNESDAY, APRIL 11, 1962
All DisNew
Phila- Cleve- RichSt.
Business of Borrower
tricts 2/ Boston York delphia land
mond Atlanta Chicago Louis
( I n millions of dollars)
Durable goods manufacturing:
+ 6.1
Primary metals
+
+ .3
+ .1
+ .8
+ 5-6
.1
.4
Machinery
+ 1 . 3 + .4
43.1
- 1 .1
1.2
1 . 9 -15-5
-1-5
Transportation equipment
+ .8
4" •3
2.0 - 8.6
l.l
1.6
15-7
- .1
+ .k + • 5
Other fabricated metal products
4- l.l
+ 7.2
+ .2
+ .7
+ -7
1.3 + 6.0
Other durable goods
4" 1 . 6 + 1 - 5
+ .2
.8 + 1 . 0
1.2
+1.2
+1-3
-10.2
—

-

-

* **

-

-

-

— —

mm mm

-

-

-

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

52.4
•5
+ 3-3

Mining, including crude petroleum
and natural gas

-

Trade:

Commodity dealers
Other wholesale
Retail

-

52.0

+ 13.9

+

— —

-

-

.1

+ 5-1

+

.8
- -

-36.9
+ 5.1
-26.1
- 1.0
+ 2.8

+
+

«. —

44-

-6.6

7.9

•5 +
.8 +
.4
.3

- -

.2
.1
6.0
4- •7
+
.2
-

+

.2

-1.9
-1.2
«——

+ .6
+ .1

—

+ .6

mm mm

+ .2
+ -3

+ 1.7
-20.9
4.2
+ 1.0

+1.6

+

— —
— —

-

-2.1
+ .5
+ .2
+ .1
+ .1

•3

BANKS
Minne- Kansas
San Franapolis City Dallas cisco e /

•
— «»

+1-5

** •»

- .1
+ .2

- -3
— .2
+ -7
+ .2

+ .4
+ .6
+ .2

- .2
+ .1
— .2

W

rnm

-

.b

mm mm

+ .1
.8
4- .2

-24.8
- 3-3
-13.1
+ .8
-12.0
+ .8
— .2
+1.8
+ .1

mm mm

- .2

- .4

•7
4 •3
.
4- .6
4- . 1
—1.0

-1.6

- .7

-4.0

+ 2.9

-2-3
+1.7
+ .4

-

'5

+1-9
+1.0
+ -5

-2.5
•7
4- •3

+1.6
+1.5
+ 3.9
+ 4.7

—

ew mm

mm *

-

4-

•9
.1
+ 1.3

4- •5
4- .8
4- 1.1

-1.5
+1.1
- -3

+ -5

+ 9-4

+ 7-9
+10.3
+15 .4

.1

-22.1

+

.4

—12.6

• - .6

-2.6

6.5

— *2

- -3

+2.4

-2.0

+ 1-5

+ 5.8

4- 2 . 3

+ 2.6

+1-9

- .1

4- 2 . 9

4- »1

+ .9

+4.1

4-

.2

2.9

-10.1

4- 2.h

-

4.5

+1.9

+5.4

-

6-5

+ .8

+ .3

- .1

+9.1

- 1.4

Net change in classified loansl/

-116.1

+16.2

-67.0

+12.9

-15.8

- -5

+8.9

-3^.8

-8.9

+5-3

+5-2

-

•5

-37-1

Unclassified changes - net

+ 22.1

-

.1

3-8

-2-5

- -9

-K 4 . 8

+ -9

+1.7

- .2

4-

•5

+14.1

-KL3.0

-12.0

- 3 -0

+8.0

-30.0

-8.0

+7.0

+5.0

Transportation, communication, and
other public utilities

3.5
4- 2 0 . 7
+ 31.7

-

39-3

Construction

+ 22.5

All other types of business,
mainly services

4-

Net change in commercial and
industrial loans

-

94.0

.6
+ 1-3

+

+•

.2

+16.0

-

-67.0

—• —

- .6

1-3

+ 3.4

4-

.8

-8.6
+ .4
-

•9

-

.4

-23.0

p/ 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 hanks hold about 95 per cent
of total commercial and industrial loans of all weekly reporting member hanks and ah out 70 per cent of those of all commercial hanks.




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