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For immediate release
December 26, 1963
H.12

CHANGES IN COMMERCIAL AND INDUSTRIAL LOANS BY INDUSTRY

Commercial and industrial loans increased in all but one district and a net
of $537 million at weekly reporting member banks during the week ended December 18.
The principal net increases were $105 million in loans to manufacturers of
food, liquor, and tobacco products, $99 million to "all other" types of business concerns, $89 million to the retail trade, $47 million to manufacturers of machinery, and
$70 million to unclassified borrowers.
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

Week
ended
Dec. 18

Cumulative since mid-year
June 26, 1963 June 27, 1962
.
to
,
to
Dec. 18. 1 q6^ —' Dec. 191
(in millions of dollars)

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

+ 11
+ 47
+21
+ 10
- 4

+
20
- 43
- 111
26
64

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

+105
+ 5
+ 5
+19
2

+ 664
~ 116
+ 3 ^
91
21

Mining, including crude petroleum
and natural gas

+ 17

+

136

+

55

Trade: Commodity dealers
Other wholesale
Retail

+ 22
+ 89

+
+

599
96
367

+
+
+

24l
108
231

+ 26
- 2

+
+

4l6
49

+

470
7

+ 99

+

310

+

OJ

Net change in classified loans
Unclassified changes - net

+467
+ 70

+2 ,218
+ 236

+1,488
+ 233

Net change in commercial and
industrial loans

+537

+2,454

+1,721

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

p/ Preliminary.




r

+
+
+

70
42
25
89
6 3

+ 536
- 164
+
25
- 134
86

1.12(a)

CHANGES IN COMMERCIAL AND INDUSTRIAL LOANS OF A SAMPLE OF WEEKLY REPORTING MEMBER BANKS
BY INDUSTRY AND FEDERAL RESERVE DISTRICT, MEEK ENDED WEDNESDAY, DECEMBER 18, 1963
All DisNew Phila- Cleve- RichSt. Minne- Kansas
San FranBusiness of Borrower
tricts £/ [Boston York delphia land mond Atlanta Chicago Louis apolis City Dallas cisco EZ
(In mil,lions of do]
-Lars)
Durable goods manufacturing:
Primary metals
+ 11.4 + .8 + 2.5 + 1.2 + 7-8 - .2
+ -3 - -5 + .3
+ .1
-9
Machinery
+ 46.7 + 2.6 + 17.1 + 1.4 + 4.3 + .1 + .4
+12.8
- .1 + 1.4 + 1.4 + -9 + 4.4
- - + 10.5 - .6 + 2.4
+ 20.6
Transportation equipment
- .1
+ 6.8
+ 2.3 - -3 + -3
.6
Other fabricated metal products
+ 10.3
- 1.4 + 5.8 + 1.4 + .2 +1.1
+ 1.0 + .2 - .3 + .1 + .4 + 1.1
+ .7
Other durable goods
+ 2.5
- 3.6
- 5-6
- 1-9 + .2 +1.1
- .5 - -7 + -7 + .6
mm mm

— —

-

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

+104.7
+ 5-1
+ 4.7
+ 18.6
- 1-7

+ 1-3 +
- 2.2 +
+ 1.4 +
+ 8.1 -

Mining, Including crude petroleum
and natural gas

+ 17-4

+ 1-7 + 26.7 +

Trade: Commodity dealers
Other wholesale
Retail

62.7
4.8
2.4
14.2
9.0

.]_

+ 1.6 + 3-9 + 6.4
- -9 - 1-7 + 9-4
+ 1.2 + 1.6
- 1.1 + 4.0 + .7
+ .2 - .9 + -3

.9
.3
.3
«1
.1

- 2.5
- .4
+ 5-2
- .4
- 2.4

+5.9
- .7
- .2

-3 - 3 *8 - 5-2

+1.0

- 1.4

-5.2

.4
+ 21.5
+ 88.7

+ 4.2 - 7-5 + 2.3 - -9 — 1.6
+ 3.5 + 10.7 + 2.3 + 3.2 - .4
+ 1.6 + 29.4 +15 *6 + 7.2 + 2.0

- .5
+1.2
—1.0

+ 1.2
+14.9

-1-7
-2.5
+4.2

+ .3 - .1 + 3.0 + 2.1
+ .3 - 2.2 + 3.4 + .8
+ 3-5 + 7.9 + .3 + 3-1 '

Transportation, communication, and
other public utilities

+ 25.9

— 6.2 +

8.5 + 2.1 -6.9

+4.3

+15.8

- -9

+ 1.0 + 3-2 + 2.2 +

.8

Construction

- 2.3

- 1.4 +

2.4 +

.8

+ .5

- 3-2

-1.4

-

.6 - 1.4 +

.3 +

.2

All other types of business,
mainly services

+ 99.0

+ 2.2 + 40.4 +

.3 + 6.1 + 5.7

-2.5

+16.8

+ .2

+

.6 + 7.2 +13.6 + 8.4

Net change in classified loansl/

+466.6

+16.2 +219.3 +28.1 +25.3 +21.2

+5.8

+54.4

-1.9

+ 7-0 +14.3 +32.1 +44.8

Unclassified changes - net

+ 70.4

+ 5.8 +

- 1.2

+ .2

+11.6

- .1

+ 3-0 + 2.7

Net change in commercial and
industrial loans

+537.0

+22.0 +222.0 +28.0 +45.0 +20.0

+6.0

+66.0

-2.0

+10.0 +17-0 +32.0 +71-0

— —

2.7 -

— —

.8 +

+ 2.0

-7 +

*1 +19.7

+
+
-

-

.]_

+1.2

-

.1 .5 + .1 + 1.2 +
—

+

-7
.1
.4
.1
.2

+ 4.1 +21.2
+ .4 - 3.3
+ .3 - .3
+ .2 - .2
- .2 - -3

.6 + 2.4 +

. -

• !

"3

+26.2

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 JO per cent of those of all commercial banks.