The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
.mm F E1D E R A L RESERVE "soiBSBE ^ t. a. 11. s. 11 c a I r ,e l e a s e . , For immediate release H. 12 August 11, 1971 INDUSTRIAL LOANS OUTSTANDING BY INDUSTRY Commercial and industrial loans decreased a net of $1 million at weekly reporting large commercial banks during the week ended August 4. The principal net decreases were $117 million in loans to transportation, and $74 million to the mining industry (including petroleum and natrual gas). The larger offsetting net increases were $92 million in loans to retail trade, and $81 million to "other public utilities". Business of Borrower Change From Week Ended Outstanding Dec. 30, July 28, Aug. 5, August 4, 1970 1971 1971 £/' 1979 (In millions of dollars) Durable goods manufacturing - total Primary metals Machinery Transportation equipment Other fabricated metal products Other durable goods 14,946 2,184 5,206 2,661 2,074 2,821 Nondurable goods manufacturing - total Food, liquor, and tobacco Textiles, apparel, and leather Petroleum refining Chemicals and rubber Other nondurable goods 118 16 256 253 128 247 Mining (including crude petroleum & natural gas) 3,697 Trade - total Commodity dealers Other wholesale Retail 9,568 1,128 3,980 4,460 Transportation, communication, and other public utilities - total Transportation Communication Other public utilities 9,788 5,752 1,609 2,427 Construction 3,660 - Services 7,601 Bankers' acceptances - -1,261 + 3 - 945 96 - 154 69 61 4 15 45 27 10,724 2,381 2,661 1,084 2,747 1,851 + + + 4 17 4 18 9 10 -1,021 - 163 - 265 - 359 + 70 - 304 928 714 336 384 44 122 74 502 336 + + 68 30 6 92 + + + + 743 292 274 177 35 117 71 81 + + - 126 17 244 101 + + 83 265 277 71 29 + 413 + 207 + 9 + 535 + 137 1,081 + 42 + 538 - Foreign commercial & industrial loans 2,730 + 48 + 592 + 321 All other loans 5,045 - 24 + 206 + 281 18 19 + 369 +1 ,909 + 627 561 Total classified loans Total unclassified loans 68,840 12,988 Total commercial & industrial loans 81,828 + - + + + - + + + - - 1 P/ Preliminary. * San Francisco District classified loans are as of July 28. - + +2 ,278 + 334 247 237 344 - + + - - • 608 66 H.12(a) COMMERCIAL AND INDUSTRIAL LOANS OUTSTANDING AT A SAMPLE OP WEEKLY REPORTING LARGE COMMERCIAL BANKS BY INDUSTRY AND FEDERAL RESERVE DISTRICT, WEEK ENDED AUGUST 4, 1971 (in millions of dollars) All Dis- Boston New Phila- Cleve- Rich- Atlanta Chicago St. Minne-1 Kansas 1 Dallas Business of Borrower 1 8611 / tricts York delphia land mond Louis apolls1 City | 1FranciscoE/* Durable goods manufacturing - total 14,946 603 6,213 638 1,318 298 286 2,832 199 157 148 323 1,931 Primary metals 2,184 44 1,031 82 305 34 32 366 41 9 7 46 187 Machinery 5,206 272 2,276 151 419 84 67 1,110 40 56 31 86 614 Transportation equipment 2,661 69 1,300 94 202 27 51 394 21 10 16 33 444 Other fabricated metal products 2,074 95 570 159 232 60 67 523 26 35 51 63 193 Other durable goods 2,821 123 1,036 152 160 93 69 439 71 47 43 95 493 Nondurable goods manufacturing - total 10,724 696 5,105 487 376 413 369 1,557 234 138 139 256 954 Food, liquor, and tobacco 2,381 86 864 65 65 72 90 455 60 65 54 53 452 Textiles, apparel, and leather 2,661 355 1,260 144 49 208 147 225 76 19 20 34 124 Petroleum refining 1,084 26 496 36 38 13 21 211 10 13 28 54 138 Chemicals and rubber 2,747 100 1,698 122 62 134 48 324 31 12 19 59 138 Other nondurable goods 1,851 129 787 120 90 58 63 342 57 29 18 56 102 Mining (including crude petroleum and natural gas) 3,697 41 2,104 56 177 9 55 413 17 9 125 451 240 Trade - total 613 3,164 9,568 504 513 539 507 1,273 294 168 284 335 1,374 Commodity dealers 1,128 31 557 60 11 41 23 135 57 34 24 39 116 Other wholesale 3,980 262 1,293 196 221 235 255 519 112 59 111 148 569 Retail 4,460 320 1,314 248 281 263 229 619 125 75 149 148 689 Transportation, communication, & other public utilities 9,788 354 4,847 297 478 411 339 1,092 217 91 129 270 1,263 Transportation 5,752 160 2,830 263 134 187 230 676 144 56 72 139 861 Communication 1,609 33 675 75 99 93 32 164 27 14 30 72 295 Other public utilities 2,427 161 1,342 88 116 131 252 77 46 21 27 59 107 Construction 3,660 102 981 254 285 270 174 309 136 97 105 338 609 Services 7,601 440 2,380 656 386 258 350 799 213 153 199 308 1,459 Bankers' acceptances 1,081 25 501 48 50 7 12 136 Foreign commercial and industrial loans 2,730 66 1,963 66 77 15 28 340 8 10 — — All other loans 5,045 129 1,836 12 397 369 162 526 87 15 3,069 29,094 3,018 4,057 2,589 2,282 9,277 1,405 297 827 700 708 1,642 303 Total classified loans Total unclassified loans 68,840 12,988 510 1,095 81,828 3,579 30,189 Total commercial and industrial loans 2/ Preliminary. Final totals will appear in the F. R. Bulletin. * Classified loans are as of July 28. - — 66 228 38 119 47 166 1,299 838 1,184 2,551 9,476 54 354 576 5.922 — — 8 3,315 4,884 3.289 2.990 10.919 1,518 1,127 15,398 892 1,708 San Francisco District final figures appear in a release of that Reserve Bank. For immediate release August 11, 1971 ^ H.12b COMMERCIAL AND INDUSTRIAL TERM LOANS OUTSTANDING BY INDUSTRY Total business term loams were $32,236 million as of July. This was an increase of $125 million over the comparable data a year ago and an increase of $70 million from the last Wednesday in June. The principal net changes in term loans during July were $52 million in loans to manufacturers of primary metals, $46 million to "other public utilities", and $62 million to all other types of business concerns. The total of all business term loans on July 28 represented approximately 48 per cent of total of business loans outstanding at large commercial banks reporting in the series. Business of Borrower Percent of Term Loans Change From Month Ended Total Busi- July 28, June 30, July 29, Dec. 30 ness Loans 1971 1971 1970 1970 (%) (In millions of dollars) Durable goods manufacturing - total Primary metals Machinery Transportation equipment Other fabricated metal products Other durable goods 51 70 48 59 39 44 7,642 1,535 2,514 1,552 804 1,237 Nondurable goods manufacturing - total Food, liquor, and tobacco Textiles, apparel, and leather Petroleum refining Chemicals and rubber Other nondurable goods 49 40 23 80 66 54 5,284 948 598 902 1,828 1,008 Mining (including crude petroleum & natural gas) 80 3,019 + Trade - total Commodity dealers Other wholesale Retail 25 9 21 33 2,374 101 850 1,423 + + Transportation, communication, and other public utilities - total Transportation Communication Other public utilities 64 79 31 49 6,224 4,612 471 1,141 Construction 33 Services 89 52 25 7 11 6 262 1 308 52 27 72 - 30 8 + - 167 - 81 + 62 + 148 - 436 34 169 282 140 91 - 591 - 37 - 59 - 311 - 21 - 163 27 - 476 - 307 14 4 8 2 + + + + 221 22 106 93 + 140 + 22 + 94 + 24 + + 47 2 3 46 + + + + 308 153 46 109 + 227 + 48 + 56 + 123 1,229 + 37 + 277 + 185 43 3,247 - 22 + 209 + Foreign commercial & industrial loans 71 1,908 + 16 + 309 + 192 All other loans 26 1,309 + 62 - 48 32,236 + 70 + Total term loans outstanding j>/ Preliminary. - - - + - + + + — + + + - 22 24 1 10 4 13 - + + - + 25 125 + 38 24 - 122 H. 12(c) COMMERCIAL AND INDUSTRIAL TERM LOANS OUTSTANDING AT A SAMPLE OF WEEKLY REPORTING LARGE COMMERCIAL BANKS BY INDUSTRY AND FEDERAL RESERVE DISTRICT, JULY 28, 1971 (in millions of dollars) Business of Borrower All Districts Boston New York Phila- Cleve- Rich- Atlanta Chicago delphia land mond St. Louis Minneapolis Kansas City 45 Durable goods manufacturing - total Primary metals Machinery Transportation equipment Other fabricated metal products Other durable goods 7,642 1,535 2,514 1,552 804 1,237 262 25 134 43 23 37 3,950 841 1,365 948 247 549 191 29 49 13 50 50 734 218 218 117 103 78 83 5 17 9 17 35 92 12 22 30 14 14 1,459 268 499 207 259 226 95 26 21 12 12 24 44 3 9 5 12 15 Nondurable goods manufacturing - total Food, liquor, and tobacco Textiles, apparel, and leather Petroleum refining Chemicals and rubber Other nondurable goods 5,284 948 598 902 1,828 1,008 212 23 71 15 50 53 2,945 452 260 470 1,301 462 186 25 39 18 48 56 213 24 12 43 84 50 168 31 85 6 21 25 103 35 16 8 23 21 869 197 79 155 218 220 82 17 15 3 18 29 50 25 7 4 1 13 Mining (including crude petroleum and natural gas) 3,019 30 1,894 34 156 3 25 384 17 Trade - total Commodity dealers Other wholesale Retail 2,374 101 850 1,423 151 1 44 106 929 37 326 566 103 9 34 60 178 5 58 115 115 7 47 61 129 3 59 67 343 17 113 213 43 Transportation, communication, & other public utilities Transportation Communication Other public utilities 6,224 4,612 471 1,141 149 113 7 29 3,640 2,572 277 791 123 82 21 20 264 195 18 51 169 91 33 45 166 157 1 8 Construction 1,229 23 427 53 155 79 Services 3,247 246 1,321 321 185 Foreign commercial and industrial loans 1,908 27 1,564 19 All other loans 1,309 — — 579 17,249 Total term loans outstanding 32,236 1,100 Dallas San Franciscc£ 97 12 19 9 21 36 590 96 156 152 34 152 15 3 3 107 17 3 39 22 26 317 91 11 126 39 50 5 58 273 140 12 31 33 1 13 19 34 3 11 20 54 1 23 30 262 17 110 135 804 611 52 141 133 127 2 4 52 46 1 5 58 51 5 2 151 107 19 25 515 460 35 20 50 74 30 13 13 131 181 52 112 336 82 20 62 90 420 45 3 6 179 - - 5 9 51 6 145 138 17 148 34 3 7 70 162 1,036 2,075 810 700 4,596 516 225 309 982 —• — 5 7 12 21 32 U - - 2,638
