View original document

The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.

FEDERAL

RESERVE

statistical
For Immediate release
December 20, 196I
CHANGES IN COMMERCIAL AMD INDUSTRIAL LOANS BY INDUSTRY

H.12

Commercial and industrial loans increased in eight districts and a net
of $207 million at weekly reporting member tanks during the week ended December 13.
The principal net increases were $57 million in loans to commodity dealers, $35 million to transportation, communication, and other public utilities, $22 million to
manufacturers of transportation equipment, $49 million to "all other" types of
"business concerns, and $60 million to unclassified borrowers.
The largest offsetting net decrease was $4l million in loans to the
retail trade.
Changes in loans during the week and since mid-year are shown "below; the
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
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

June 29, •
June §ti, 1961
Week
to
ended .
Dec. 13, 19622/ Dec. 14, :
Dec. 13BZ
(In millions of dollars;
+ 10)
+ 16)
+ 22)
- b)
+ 4
+ 4
+ 12

1/-438

1/-704

1/-122

l/ n.a.

+462
-212

+561
-184

:%]

1/-208

-

1

l/- 62

1/- 52
l/ n.a.

+

4

I/+263

1/- 49

+ 57
- 4
-,4l

+423
+169)
+135)

+476

+ 35
+ 15

+ 50
+ 41

- 91
+ 44

+ 49

+356

+299

Net change in classified loans
Unclassified changes - net

+147
+ 60

+857
2/-402

+500
l/-3^2

Net change in commercial and
industrial loans

+207

+455

3/+158

Trade:

Commodity dealers
Other wholesale
Retail

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

+199

g/ Preliminary.
n.a. - Not available.
l/ 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 are from September 20, 1961.
2/ Includes decrease of $L35 million resulting from corrections of misclassifications
disclosed incident to the revisions as of September 27, 1961.
3/ Revised to eliminate adjustments in series since July 8, 1959, for mergers of nonreporting "banks with reporting "banks.




CHANGES IN COMMERCIAL AND INDUSTRIAL LOANS OF A SAMPLE OF WEEKLY REPORTING MEMBER BANKS
BY INDUSTRY AND FEDERAL RESERVE DISTRICT, WEEK ENDED WEDNESDAY, DECEMBER 13, 1961
San FranSt. Minne- Kansas
New
Phila- Cleve- RichAll DisBusiness of Borrower
mond Atlanta Chicago Louis apolis City Dallas cisco £/
tricts £/ Boston York delphia land
of dollars)
Durable goods manufacturing:
.4 +1.0
- .7 +10.2 — 2.6 +2.5
- .3 + .5 Not
Primary metals
+ 9-5
- -7
- 5*6
- .4 + .2 + .1
+ .1
- .9
+ 15.6 + 2.7 +30.6 — 9 *6 —1 *6
Machinery
- • 2 + .1
6 — .1
+11.9
+ -3
+ 2.8 + 5-5 + .8 + .
Transportation equipment
+ 21.7
— —
- .2
- .1 + .2 - 4.6 +1-7 — .2 +1.2 - •5
Other fabricated metal products
- .9
- .5
- 3.9
+ .1
+ .2 + -5 - .4 -1.1 + 7,8
— *6 — l .6
Other durable goods
+ 3 *6

H.12(a)

— —

Nondurable goods manufacturing:
Food, liqudr, and tobacco
Textiles, apparel, and leather
Petroleum refining
Chemicals and rubber
Other nondurable goods
Mining, including crude petroleum
and natural gas

+

3-7

+ 12.0
- 13.1
- 15.7
- 1.3

+

+ 2.0 — 1.8
-

-5 — 2.0

-

.9 - 7-6
. -1.4
1

+

— 2.0

4.0

+ 1.2
+ -7
- 3.4

+

.1

- 1.0

+ 57.3
- 3.7
- 40.5

+

.6 +17 *4

Transportation, communication, and
other public utilities

+ 34.8

+

Construction

+ 14.7

-

.8 + 5 . 5

All other types of business,
mainly services

+ 48.7

+36.4

+ 1.4

-23.2

+
+
+
+

+ .6
-2.7
- .1
- »1
+ .9

+ 1.2

+1.0
+1.5
-3«3

+ -5
+ 1-5

+1.8
- .4
-3.4

+
+

+1.0

-

.1

+5.1

+

+2.1

+.7

+1.6

.7

+3.0

-

+ 2.5
- .2
+ 1.5

.2 +24.3

+ l.l + 1.1

.1

-1-5
—1.0
+ .1
+1.4
+ .6
-1.6

+

- .1

- 3-1

Commodity dealers
Other wholesale
Retail

Trade:

+ -3
-1.4

+ 2.7
+10.3
- .4
•3

1.6
7.6
•3
4.5
2-9

+

1-5
.2

+ .4
— —

- -9
- .6
+ .2
-1.5
- .2

—

.2

—7.8
—2.6
-1.7

+

.2

+7.3

+ .2

—
—

•7
.8
7.5

+5.3
- -5
-1.2

+10.1
- .4
.8
-

+2.2
-2.9
+ .1

+9.0
-4.3
-5-6

.8

+ -9

+

+1-5

+ .8

+1.1

+1.9

+1.9

- .4

+1.4

.1

-4.3

+ 5.5

+1.2

- .2

+6.8

avail-

-

•3

•3

able

Net change in classified loansl/

+147.4

+21.8

-2.6

+24.5

+6.3

+ 7.3

-5.5

+4.2

Unclassified changes - net

+ 59.6

+ 1.2

+ .6

+12.5

- -3

-16.3

+1.5

- *2

+57.0

Net change in commercial and
industrial loans

+207.0

+23.0

—2.0

+37.0

+6.0 - 9.0

-4.0

+4.0

+57-0

g/ Preliminary; final totals will appear in the F. R. Bulletin and San Francisco District 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 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.





Federal Reserve Bank of St. Louis, One Federal Reserve Bank Plaza, St. Louis, MO 63102