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FEDERAL statistical [I! II RESERVE release 'fLE* •^RS For immediate release April 3, 1963 H.12 CHANGES IN COMMERCIAL AMD INDUSTRIAL LOANS BY INDUSTRY Commercial and industrial loans decreased in most districts and a net of $8l million at weekly reporting member banks during the week ended March 27. The principal net decreases were $52 million in loans to manufacturers of transportation equipment, $25 million to manufacturers of "other" fabricated metal products, $19 million to commodity dealers, and $18 million to the wholesale and retail trade. The largest offsetting net increase was $24 million in loans to manufacturers of textiles, apparel, and leather products, which have increased seasonally each week since January 23. 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 year-end Week Dec. 2b, 1962 Dec. 27, I96I ended . to . to Mar. 27 BZ Mar. 27, 1963P/ Mar. 28, 1962 (In millions of dollars] + 9 + 14 -11 +136 6 +22 +33 -52 -25 + 6 Nondurable goods manufacturing: Food, liquor, and tobacco Textiles, apparel, and leather Petroleum refining Chemicals and rubber Other nondurable goods +24 - 3 +16 + 5 Mining, including crude petroleum and natural gas Trade: Commodity dealers Other wholesale Retail -365 +208 - 32 + 90 -11 - 12 +138 + 69 +76 + 16 -345 +247 - 53 + 39 + 46 + 10 + 5 +326 +170 -19 - 68 - 77 - 18 + 10 - 4o -263 -288 + 18 - 76 - 7 -15 - 3 Transportation, communication, and other public utilities Construction All other types of business, mainly services + 20 + 79 Net change in classified loans Unclassified changes - net -74 - 8 + 37 + 5 + 80 Net change in commercial and industrial loans r* + 8 -81 + 42 + 94 P/ Preliminary. 1 - 5 " ' + 14 H.12(a) CHARGES IN COMMERCIAL AND INDUSTRIAL LOANS OF A SAMPLE OF WEEKLY REPORTING MEMBER BY INDUSTRY AND FEDERAL RESERVE DISTRICT, WEEK ENDED WEDNESDAY, MARCH 27, 1963 All DisNew Phila- Cleve- RichSt. Business of Borrower tricts e/ Boston York delphia land mond Atlanta Chicago Louis (In millions of do] Liars) Durable goods manufacturing: + 8.9 +1.3 + 6.5 + .1 - .4 —*2 - .1 +2.9 + .6 Primary metals -11.2 -2.2 +, -3 + 1.0 -3.1 —— + .3 -1.5 -1.4 Machinery -52.4 + .1 -4o.l - 1.1 -6.3 + .4 - .1 -3.5 • .1 f Transportation equipment -25.1 + -5 -15.0 - 7.3 + .9 + .1 +1.1 -1.5 - .1 Other fabricated metal products + 6.4 + .5 + 1.7 — 2.6 +1.7 4- .4 - «3 + -7 -1.4 Other durable goods Nondurable goods manufacturing: Food, liquor, and tobacco Textiles, apparel, and leather Petroleum refining Chemicals and rubber Other nondurable goods -11.1 +24.2 - 3-2 +15.6 + 4.9 Mining, including crude petroleum and natural gas Minne- Kansas San Franapolis City Dallas cisco e/ -2.6 + .2 —2.6 + .4 + .2 + .4 - -5 - .4 — — — — + 1.7 1-5 1.2 4.7 - .9 +2.3 + .4 +2.9 - .1 —— +1.3 — .8 + .5 +1.3 -1.1 - .7 f .1 t .2 + .2 -4.9 + .2 + .1 + .1 + .2 -1.3 -1.2 + .2 + .6 + .1 - si - .4 + .4 + .5 + 1-7 - .4 -1.3 +2.4 - .2 —— + .8 -6.5 + +3.O +1.6 -2.4 -1.6 + -5 +1.8 +1.1 +1.4 -2.1 -2.9 * -3 • +1.4 + .6 + .3 - .6 -l.l — .2 +1.9 -5.2 +1-3 + .6 - l.l - 1.4 + 2.8 + .2 + el +1.5 -6.7 - .9 - *3 +1.2 +1.1 + - 3-7 + .1 + -9 -1.3 - .8 + .5 + -5 + -7 +2.1 - 4.9 — 6.7 - 2.4 +1.9 +1.5 +1.6 +3-1 +1.1 + .6 +2.6 +1-9 + + .1 -33.5 -32.1 - .6 +6.2 +7.4 -8.4 -2.4 -8.0 +5-8 -6.4 — 1.6 - .1 + - .9 +2.6 +1.8 + .6 +2.4 + .4 +4.0 +1.2 - .6 -19.4 -33.0 +2.0 +8.0 +8.0 -6.0 -2.0 -4.0 +7.0 -7.0 -21.0 +1.0 + .6 - 2.1 +18.4 + 2.3 + 9-9 + 6.4 + '9 - 1.0 - 5-2 .6 - 5.6 + -5 + -5 - .4 + 4.9 - .2 + 9.5 + .1 - .2 Commodity dealers Other wholesale Retail -19.3 -15.0 - 3-4 - .8 -4.0 -1.0 -11.0 -15.5 - 1.9 - .2 - .1 — 3 *8 + .8 - .1 Transportation, communication, and other public utilities - 5.4 + .5 - 2.0 - .4 Construction — .2 - .1 + 5*8 All other types of business, mainly services + 7.9 +2.2 Net change in classified loansl/ -73.5 Unclassified changes - net - 7.5 Net change in commercial and industrial loans -81.0 Trade: BANKS + .3 +1.4 - - -5 -33.0 - -9 +1:0 - .2 +1.0 + .3 -1.4 +1.5 - — — *1 + .1" + -3 - .1 + .1 -5 «3 -5 p/ Preliminary; final totals will appear in the F. R. Bulletin and San Francisco District final figures appear in a release of the Reserve Ban"-. 1/ About 200 weekly reporting member "banks are reporting changes in their larger loans as to industry; these banks hold about 95 per cent of total commercial and industrial loans of all weekly reporting member banks and about 70 per cent of those of «.n commercial banks. ^ t 4 ^ ^ N v* * k iv & m ^ ^ ^ b J U
