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ofGow. F E D E R A L Hill statistical R E S E R V E release f*4L RES^V For immediate release August 22, 1962 H .12 CHANGES IN COMMERCIAL AND INDUSTRIAL LOANS BY INDUSTRY Commercial and industrial loans increased in nine districts and a net of $240 million at weekly reporting member banks during the week ended August 15. The principal net increases were $4l million each in loans to manufacturers of transportation equipment and to manufacturers of food, liquor, and tobacco > products, $33 million to manufacturers of textiles, apparel, and leather products, $25 million to the construction industry, and $22 million to the retail trade. Changes in loans during the week and since mid-year 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 mid-year Week June 27, 1962 June 28, 1961 ended . to . to Aug. 15 £/ Aug. 15, 19622/ Aug. 16, 1961 (In millions of dollars + 2 + 17 + 41 - l + 5 Nondurable goods manufacturing: Food, liquor, and tobacco Textiles, apparel, and leather Petroleum refining Chemicals and rubber Other nondurable goods Commodity dealers Other wholesale Retail Transportation, communication, and other public utilities Construction All other types of business, mainly services Net change in classified loans Unclassified changes - net Net change in commercial and industrial loans 9) 1/-216 - 21) +109 l/n.a. 6l 77 7) + 80 1/-180 22 l/n.a. -13 1/- 1 + 26 +106 - 67) 4l 33 3 7 10 Mining, including crude petroleum and natural gas Trade: - + 12 + 6 + 22 + 16 + 25 j- 88) + 26) + 4) + 38 + 43 6 +228 + 12 +240 - 4l + 22 -128 + 36 +135 + 3 9 -187 + 10 -177 p/ Preliminary. n.a. - Not available. 1/ Because of reclassifications as of September 27, 1961, many categories are not strictly comparable with prior data. H.12(a) CHANGES IN COMMERCIAL AMD INDUSTRIAL LOANS OF A SAMPLE OF WEEKLY REPORTING MEMBER BANKS BY INDUSTRY AND FEDERAL RESERVE DISTRICT, 'WEEK ENDED WEDNESDAY, AUGUST 15, 1962 All DisNew Phila- Cleve- RichSt. Minne- Kansas San FranBusiness of Borrower trlets p/ Boston York delphia land mond Atlanta Chicago Louis apolis City Dallas cisco g/ (In millions of dollars) Durable goods manufacturing: Primary metals + 1.5 + •3 + 2.2 - .1 _ • 1 - -3 + .1 .2 + .2 .6 Machinery + 17.0 + •7 + 7.4 +1.1 + .1 + .3 + •9 + 2.5 - -5 •9 4- 4.9 + -5 Transportation equipment + 4o.8 + .4 + 28.3 + .2 + 1.9 + -3 + 7.0 + 3.3 - .1 - -5 Other fabricated metal products - l.l .2 + .4 - .2 • 5 - 1.0 - .7 + .6 + .4 + 1-5 - .4 1.0 Other durable goods + 4.6 + 1*3 + 2.8 - -3 — - .4 - .1 .1 + •6 -1.0 -1.0 - .2 + 3-5 - .5 — — — — - — — - — — - Nondurable goods manufacturing: Food, liquor, and tobacco Textiles, apparel, and leather Petroleum refining Chemicals and rubber Other nondurable goods + 40.7 + 32.7 2.5 + 7.4 + 10.3 Mining, including crude petroleum and natural gas + Trade: + .4 + 20.7 + 12.6 — - 2.1 - - .5 + Hh 1.5 + + + .1 Commodity dealers Other wholesale Retail + 11.9 -t- 5.9 + 21.6 Transportation, communication, and other public utilities + 16.3 Construction + 24.8 + All other types of business, mainly services - 6.2 + 1.4 Net change in classified loansl/ +227.8 +15.4 Unclassified changes - net Net change in commercial and industrial loans - 9.0 - - - .1 +1.2 - .5 + .7 +1.4 + .2 + .2 +10.6 + 2.3 + 4.0 -1.0 +4.4 + .2 - .1 + 1.4 - .7 + .6 4.5 +1.7 + .6 > - .6 + .4 + 1.1 + .4 3.2 +1.2 - .6 + 7.5 - .1 +4 .1 +2.3 -i- .4 -1.5 +1*1 - .8 + .8 - 1.9 — 1.2 +2.8 - -7 -1.1 - -3 - +3-3 6.7 1.5 + 4.8 .1 + 8.9 + 1.7 + 19.7 - + 1.4 + '3 + •9 +1.9 - - - + 15.1 •9 + -l.l -1.3 + .8 + - .6 1.1 2.2 2.2 + -3 + 3.7 - - - .6 .7 + •5 + 1.0 + 2.2 + .7 - .8 + .8 - *2 mm mm + •5 — 1.4 + 1.2 -1.1 +1.0 - .7 - .5 • - .4 -fr + 6.7 •3 + + .3 .4 .4 -2.9 - .1 + .8 + .6 -2.2 + 1.3 - .2 - .6 + .1 +1.5 + .2 - .1 -4.0 + 1-7 + -3 4- 1.6 +2.7 +6.5 + -1.1 + 1.7 + 4.6 .9 +1.8 + 6.1 -- 13-? +1.3 + 2.5 4-1.1 + i-3 + 4.0 -2.9 + 1-3 - .8 + -7 2.6 +107.9 +7-0 +12.1 +6.5 +6.1 +35.7 +1.6 +14.1 -1.5 - .5 +23.4 + 12.2 + 2.6 + 7.1 +1.0 - 4.1 -8.5 +2.9 + 3*3 - .6 - 2.1 +1.5 - .5 +9.6 +240.0 +18.0 +115.0 +8.0 +8.0 -2.0 +9.0 +39.0 +1.0 +12.0 -1.0 +33.0 " •7 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 banks 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.
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