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BOABD OF OOVBEfflQte OP THE FEDERAL RESERVE SYSTEM
(For Immediate Release)
H.12
April 5, 1961
CHARGES IN COMMERCIAL AND INDUSTRIAL LOANS BY aPOBTRY
Commercial and industrial loans decreased in all but two districts and a
net of $68 million at all reporting member banks during the week ended March 29The principal net decreases were $35 million to manufacturers and producers of
petroleum, coal, chemicals, and rubber products, $28 million in loans to manufacturers of metals and metal products, and $20 million to commodity dealers •
She largest offsetting net increase was $27 million in loans to "other"
manufacturing and mining concerns.
Changes in loans during the week and since year-end 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
,
March 29#
Cumulative mince
Dec. 26, I960
Dec. 30, 1959
to
,
to
Mar. 29, 1 9 6 #
Mar. 30, i960
(in millions of dollars)
-11
+10
-28
+179
+ 97
-35
+27
+ 91
Trade—whole sale and retail
Commodity dealers
Public utilities and transportation
Construction
Ail other types of business
-263
-347
+253
+788
+ 62
- 46
+164
- 3
-20
+ 1
-157
- 21
-120
+172
+ 6
- 3h
+268
-418
- 37
+ 19
+ 4o
Classified changes - net
Unclassified changes - net
-42
-26
+102
+586
- 74
- 31
Net change in commercial and
industrial loans
-68
+ 28
+555
jo/ Preliminary
+10
CHANGES IN COMMERCIAL AND INDUSTRIAL LOANS OF A SAMPLE OF WEEKLY REPORTING MEMBER BANKS
BY INDUSTRY AND FEDERAL RESERVE DISTRICT,
WEEK EBBED WEDNESDAY, MARCH 29, l$6l
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
All Dis-
-11.1
+ 9.9
-27.5
-34.8
+27.3
{- 3-S
San FranSt. Minne- Kansas
New Phila- Cleve- RichBoston York delphia land mond Atlanta Chicago Louis apolis City Dallas cisco £/
(In millions of dollars)
- .7 +11.0
- e 2 + 5.7
- .4
- -5
-13.1
- 1-7
-1.5
+2.7
-2.5 +1.1 —2.0
+ .2 + .4 -1.3
+ .2 — .4 + .1
- 4.2
- 4.2
+1.8
-16.2 4 .4
-24.3
2.3
+19 • 6 4 •9
+ 4.9
+ .3
-2.2
- .1
+ 2.9
- 4.2
4 .1 4-1 6 -1.4
*
* « 4 . 1 -1.2
= * *
•
+ 4.8
- 3.4
+ .3
- l.l
- .6
+ .1
- .4
+1.1 (
- .5
- 4.4
+3.4
-3.4
- .4
-5-3
4*2 .6 - .6
+ •6
- 7.2
—i=2
™ .1
+ .1
— .1
+ .5 + .3
- .6
-
.2
+ .1
- A
-1.5
+ -3
-1-9
2.4
4 •7
—
-
-3-4 + .9
+ .1 +1.7
+ .8
e
— —
- .3
- -7
+ .1
+ .2
- .2
-1.5
- .6
- .8
.l
— —
— -
-1.3
+ .1
Not
—
+ .1
+ .2 (
,)
')
avail-
Commodity dealers
-19-6
—1.8
- 8.4
4 1 < 0 4 «6
- .
Public utilities (including transportation)
+ 1.4
-2.6
+11.0
- 1.1
Construction
+ 5-9
+ .6
+ 5.4
All other types of business
+ 9-9
+4.1
.
6
- 2.6
- .4 +3.4
4-1.0
4 1*0
*
+ -5
+ .8
.6
+2.1
Net change In classified loans l/
-42.0
-2.0
+ 1.9
- 6.5
-2.0 +8.1
-5.0
-27.7
+1.8
-5.1
- .4
-5.1
Unclassified changes - net
-26.0
-1.0
- 3.9
- 3.5
+1.0 -7.1
-1.0
- 2.3
+ .2
-1.9
- .6
-1.9
-4.0
Net change in commercial and
industrial loans
-68.0
•3.0
2.0
-10.0
-1.0 +1.0
-6.0
-30.0
+2.0
-7.O
-1.0
-7.0
-4.0
A
+ .2
able
j>/ Preliminary; final totals will appear in the F. R. Bulletin and San Francisco District figures appear in a release of the Reserve Bank,
l/ 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 all commercial banks.
