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qfGow-v statistical • f*AL RE^ RESERVE FEDERAL release • For Immediate release December 11, 1963 CHANGES IN COMMERCIAL AND INDUSTRIAL LOANS BY INDUSTRY H.12 Commercial and industrial loans Increased in nine districts and a net of $109 million at weekly reporting member banks during the week ended December 4. The principal net increases were $51 million in loans to transportation, communication, and other public utilities, # 9 million to manufacturers of food, liquor, and tobacco products, and $4$ million to "all other" types of business .concerns. The larger offsetting net decreases were $33 million in loans to commodity dealers and $27 million to the construction industry. 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 26, 1963 June 27, 1962 ended . to . to Dec. 4 EZ Dec. 4, 1 9 6 3 W Dec. 5, 19&2 (In millions of dollars) + 49 619 - 7 - 6 106 - 5 + 3 + 10 Nondurable goods manufacturing: Food, liquor, and tobacco Textiles, apparel, and leather Petroleum refining Chemicals and rubber Other nondurable goods Mining, including crude petroleum and natural gas - 3 6 98 80 35 51 : I ' - - 22 - 100 - + 7 67 420 148 30 146 71 114 9 23 5 73 + + 118 + 32 + + + 6l4 + + 272 101 + 476 - 3 Trade: Commodity dealers Other wholesale Retail - 33 + 3 + 9 Transportation, communication, and other public utilities Construction All other types of business, mainly services + 51 - 27 + 45 109 + 133 Net change in classified loans Unclassified changes - net + 74 + 35 +1/651 + 154 +1,292 + 133 Net change in commercial and industrial loans +109 +l,8o4 +1,425 2/ Preliminary" 56 276 + ' + + 288 309 , 4l . In addition to the weekly table, a monthly table appears below showing unanges during November 1963 compared with the preceding month and with November 1962, and also showing changes during the past twelve months. Total commercial and industrial loans increased $958 million during the month of November 1963, compared with an increase of $352 million during the month of October 1963 and an increase of $390 million in November 1962. Business of Borrower Durable goods manufacturing: Primary metals Machinery Transportation equipment Other fabricated metal products Other durable goods Nondurable goods manufacturing: Food, liquor, and tobacco Textiles, apparel, and leather Petroleum refining Chemicals and rubber Other nondurable goods If weeks 12 months 4 weeks 5 weeks ended ended ended ended tov. 27, 1963Oct. 30,1963Nov. 28.1962 Nov. 27. 196: (In millions of dollars) 9.4 33.4 59-0 2.4 + + - 7.5 14.2 56.1 18.5 35-4 - 23.7 + 74.5 - 109.6 - 33.0 - 8.2 -115.6 - 51.8 - 35-2 - 37-8 +153.0 +268.9 - 80.5 + + + - 70.8 57-6 13.7 39-3 12.2 + 105.2 + 114.0 + 33 *6 - 37.3 + 38.3 + + + - + + 66.4 11.6 4.0 3.9 -114.4 - 23.7 - 54.3 + - 13.2 49.1 Mining, including crude petroleum and natural gas + 96.5 - 3.5 + 4.7 + 434.0 Trade: Commodity dealers Other wholesale Retail + 14.8 +125.2 +287.5 + 64.9 + 10.6 + 97.1 + +231.0 + 68.1 +135.8 + 79-6 +161.1 + 61.2 12.6 + 166.5 + 174.1 +155.0 - 94.5 + 86.6 + 452.4 Net change in classified loans!/ +862.6 +287.1 +375.4 +2,042.5 Unclassified changes - net + 95-4 + 64.9 + 14.6 + 531.5 ' Net change in commercial and industrial loans +958.0 +352.0 +390.0 +2,574.0 Transportation, communication, and ,, other public utilities Construction All other types of business, mainly services + 16.0 - 14.8 , 1/ See footnote on following table regarding current coverage. 326.3 + 105.9 + 224.2 H. 12(a) CHANGES Iff COMMERCIAL AND INDUSTRIAL LOANS OF A SAMPLE OF WEEKLY REPORTING MEMBER BANKS BY INDUSTRY AND FEDERAL RESERVE DISTRICT, WEEK ENDED WEDNESDAY, DECEMBER 4, 1963 All DisNew Phila- Cleve- RichSt. MinneBusiness of Borrower tricts $/ Boston York delphia land mond Atlanta Chicago Louis apolis (In millions of do]Liars) Durable goods manufacturing: Primary metals .6 — + 1.6 + .3 - 1.1 • ! - .1 - .7 - .1 Machinery + .6 + 2.1 . - 4.5 + 2.0 - 1.4 -1.9 + 2.0 — • ! Transportation equipment + 3-2 - .4 + 2.2 + .1 + .2 + »1 + .1 — 2.6 +3.0 - .5 Other fabricated metal products + 9.8 - 4.6 - .1 +1.4 - .2 - .1 + .3 +13.1 - .5 Other durable goods + .2 + .6 —— .6 1.0 1.8 .2 - 1.0 - 3.0 - 2.7 • im mm mm mm — <— Nondurable goods manufacturing: Food, liquor, and ttibaceo Textiles, apparel, and leather Petroleum refining Chemicals and rubber Other nondurable goods + - Mining, including crude petroleum and natural gas Ifainaia San FranCity Dallas cisco 2/ - .1 - .1 - - .1 - .1 + .4 + .3 + .8 + .6 • ! + 3.2 — .2 - + 3.3 +16.5 + 1.1 - 2.3 + .6 -1.8 + .6 - 6.4 - *1 - .6 - 5-9 + .6 - 7.7 - .3 - 1.3 -1.4 - 1.1 +2.8 + .1 - .8 - .8 - .5 + .4 +1.2 + .7 -1.1 + .2 - .2 - 5.0 + +1.9 + .2 -1.4 - Trade: Commodity dealers Other wholesale Retail - 33-0 + 3*4 + 9.0 + .7 -21.3 + 1.0 + 2.8 + 4.7 - .2 + 6.0 - 7-9 - 7-7 • .2 -2.4 - .6 - .9 + 6.7 +4.6 -1.4 - .5 - .4 — 7.0 - .7 -2.5 - .5 + 4.1 -2.8 - 1.4 -1.1 + .3 - 4.2 +4.8 + -5 + ,3 - .4 + 1 . 2 + 6.6 - .8 • Transportation* communication, and other public utilities + 51.4 + .9 +30.5 - .1 + 5-7 + .4 + 1.8 - .2 + 2.0 + 2.1 Construction - 27.2 + .6 — 6.5 - 4.1 - .8 —6.1 - -5 - 2.0 -1.7 - 1*2 -1.6 + -5 - 3.8 All other types of business, mainly services + 45.1 - .3 +39.2 - 3.4 + .7 +1.7 + .4 + 9.7 - .2 - + .7 - 3.4 Net change in classified loansl/ + 73-6 +14.1 +31.5 -l8.4 + 9.2 +2.3 -4.0 +23.5 + .9 -11.9 +5.8 Unclassified changes - net + 35-4 - 1.1 + + 5.5 + .1 + Net change in commercial and industrial loans +109.0 +13.0 +29.0 +1.0 -11.0 +8.0 49.3 4.9 5.9 7.2 6.3 mm mm .1 - 2.7 -5 + .2 . + 5.4 +2.7 »5 - 5.6 +32.0 -24.0 — + 2.8 +1.7 +12.0 +4.0 + 8.7 - 1.1 - 1.4 - .9 - .3 - - -4.0 - 4.0 +2.2 - .1 +1.9 + .3 - .2 +7.8 —1.8 + .2 - .2 + .1 -7 - .4 - -3 — — — — - .4 mm mm .5 + .5 .9 +2.2 +1.9 + .1 + .9 + .8 -— +13.8 -1.0 + .7 +1.1 + .4 - 1.2 - .3 +12.3 + 8.3 + .7 +27.7 +13.0 + 36 eO 2/ 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 95 per cent Digitized for About FRASER 200 weekly reporting member banks are reporting changes in their larger loans as to industry; these hanks http://fraser.stlouisfed.org/ of total commercial and industrial loans Of all weekly reporting member banks and about 70 per . c e n t of those of all commercial banks. 1 . Federal Reserve Bank of, St. Louis : : , . * . . : *• a . » : , . ^ . >. * A . * * * . * ' . T • V „ » '
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