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FEDERAL

qfuow

statistical

Mill

RESERVE

release

f^AL

For immediate release
August 15, 1962
CHANGES IN COMMERCIAL AND INDUSTRIAL LOANS BY INDUSTRY

H.12

Commercial and. industrial loans decreased in seven districts and a net
of $24 million at weekly reporting member banks during the week ended August 8.
The principal net decreases were $26 million in loans to manufacturers
of food, liquor, and tobacco products, $24 million to "all other" types of
business concerns, and $1? million to transportation, communication, and other
public utilities.
The largest offsetting net increase was $26 million in loans to
manufacturers of textiles, apparel, and leather products.
Changes in loans during the week and since mid-year are shown below; third
column shows the changes during the comparable period last year.
•Cumulative since mid-year
Week
June 27, 1962 June 28, 1961
ended
.
to
.
to
Aug. 8 2/
Aug. 8, 1962 P/Aug. 9, 1961
(In millions of dollars)

Business of Borrower

'

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

t

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

v
?
>

>
-

r

1/-205

- 2

-108)
- 20)

+10

+105

l/ n.a.

-26
+26

+ 43

+ 3
+ 2
+ 4

4

Commodity dealers
Other wholesale
Retail

- 55)
- 25)

Mining, Including crude petroleum
and natural gas
Trade:

>

- 1
- 7
+ 5

-105

-107

+ 45

+ 9)
- 96)

1/-204

- 34

l/ n.a.

- 15

!/- 14

+ 14
+' 18)
- 17)

+ 87

- l

+ 21
+ 17

-130
+ 20

-24

+

8

+100

Net change in classified loans
Unclassified changes - net

-34
+10

-239
+ 7

-4o6
- 4

Net change in commercial and
industrial loans

-24

-232

-4io

7

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

-17

+ 4

y

p/ Preliminary.

n.a. - Not available.

1/ 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 axe from September 20, 1961.




H.12(a)

CHANGES IN COMMERCIAL AND INDUSTRIAL LOANS OF A SAMPLE OF WEEKLY REPORTING MEMBER BANKS
BY INDUSTRY AND FEDERAL RESERVE DISTRICT, WEEK ENDED WEDNESDAY, AUGUST 8, 1962
All DisNew
Phila- Cleve- RichMinne- Kansas
St.
San FranBusiness of Borrower
tricts ?/ Boston York delphia land
mond Atlanta Chicago Louis apolis City Dallas cisco p/ •
(In millions of dollars}
Durable goods manufacturing:
Primary metals
- 1.0 + .3 + 1.4
——
— .2
- -1.1
1.4.
+ .2
- .2
Machinery
- 7.1
+ 1.2 -.1.3
-1.4
+ .5
- .4 +1.7
+ .4
-1.1
+
.1
—6.0
- -5
-3
Transportation equipment
+ 4.7
+ -3 + 9 . 5
- .5
+2.1
- .2 + .1
— —
6.1
- .2
- .2
- .1
Other fabricated metal products
- 2.0
.2 + .3
- .1
+ «9
+ .2
- 1,4 - .6
- .8
-1.1
+1.2
- -5 + .1
Other durable goods
+ 9-5
+ 1.4 + 5.2
+ .5
-1.0
+ .2 + .4
+ •9
+ -5
- + -3
+1.8
- .7
«»—

mm

mm mm

— —

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

-26.3
.*25.7
+ 3.4

.1,

-1.2
+ .6
- .3
- .1
+ *5

„ 3.9
+ 2.0
.8
+ 1-5
+ 3-4

+
-

.8
.3
.5
.1
-3

- .7
+ -3

- - +1.3

+ 2.9

+ .1

--

+1.5

+ .5
+ .4
+1.5

+ 3.8 - .6
+ .2 -1.5
- 1*4 + .9

+ 3.0
- 2.8
- 3-9

-6.9
+1.1
-1.1

+ .2
- .2
—2.4

.2 - 6.6

- .1

—6.2

1.0 -2.1

+ 2.5

+1.0

•9

- 5.3

+ .9

+1.3

--

+ .1

- 5.7

- 1.0

-20.4

+3.3

+ .5

+ 3.1

-4.2

+6.3

+3-3

+ 5.0

-6.1

.3

-1.3

-1.3

+10.0

-28.0

+5.0

+2.0

+15.0

+ .8
+1.5

•3
•3

-26.9
+10.5
+ 6.7
+ .6
+ 1.9

+ .4
- .2

- -

+ 1.0

.1

6.6

+ 3-7 - 8.6
+ l.l + •7
+ -3 + 3.6

- .2

Transportation, communication, and
other public utilities

-16.8

Construction

- .8

All other types of business,
mainly services

-24.0

+ 2.2
+ 3.9

Mining, including crude petroleum
and natural gas

4.3

Trade:

3-5

Commodity dealers
Other wholesale
Retail

— —

Net change in classified loansl/

-34.4

Unclassified changes - net

+10.4

Net change in commercial and
industrial loans

- 24.0

•7
+14.0

-

- -

+2.1
+ .8
- *1
- -

4- *2

— -

1.0
1.6
+
•l
.4
.2

-6.0

+1.6

-1.1
- .1
+ .1
-1.5

+2.7
+1.2
-1.6
+ .8
— -.2

+ -5

-1.4

- .6
+ .7
-2.3

-1.9
-1.4
+1.7

+3-9
+1.9
-5,0

+ .6

- .1

- .7

-4.3

+1.3

+ -5

-1.1

+ -3

+6 *0

- 3.9

+ .1

-1.1

+2.2

- .6

—2.0

-11.7

-7.2

-3-8

- -3

-5.6

-1.3

-3.3

+ .2

+ .8

- -7

+ .6

+6.3

-15.0

-7.0

-3.0

-1.0

-5.0

+5.0

— —

- .2
— .2
+ .3

--

^
„'
CUJ.U. can r JLChuuxeuu
xxuojl jLi^ures appear in a release or une neserve
1/ About 2CXX veekly reporting member banks are reporting changes in their larger loans as to industry; these banks hold about 95 per cent
ox total commercial and inausvriai loans of ail weekly reporting member banks and about 70 per cent of those of all commercial banks.