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FEDERAL

C
?
::::::

RESERVE

statistical

release

H. 12

For immediate release
February 11, 1970
COMMERCIAL AND INDUSTRIAL LOANS OUTSTANDING BY INDUSTRY

Commercial and industrial loans increased a net of $170 million at
weekly reporting large Commercial banks during the week ended February 4.
The principal net increases were $113 million in loans to retail trade,
$93 million to services, $92 million to manufacturers of Chemicals and rubber
products.
The largest offsetting net decrease was $92 million in loans to "all
other11 types of business concerns.

Business of Borrower

Outstanding
Feb. 4, *
1970 P/

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

14,894
2,042
5,757
2,711
1,996
2,388

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

11,619
2,956
2,253
1,547
2,821
2,042

Change From Week Ended
June 25,
Jan.28,1 Feb. 5,
1969
1969
1970 |
(In millions of dollars)
+915
+2 ,276
+158
+ 86
101
11
+440
+1 ,044
69
+618
722
66
-181
188
12
- 48
221
22
+

+

+

+

+

•

+

+

+

+

+

+
+

43
29
21
54
92
13

Mining (including crude petroleum &
natural gas)

4,466

-114

Trade - total
Commodity dealers
Other wholesale
Retail

8,497
1,134
3,367
3,996

+ 96
1
18
+113

Transportation, communication, and
other public utilities - total
Transportation
Communication
Other public utilities

10,224
5,564
1,372
3,288

+

+

-

71
36
36
71

+1 ,062
498
74
386
508
368

-330
+412
-457
-521
+ 79
+157

685

-440

116
248
19
345

-323
+178
-191
-310

996
304
208
484

+729
+ 85
+174
+470

+
+

+

+

-

+

-

+
+

+
+
+

+

Construction

3,028

+

8

+

3

-284

Services

6,821

+ 93

+

565

+ 64

+

40

-

31

+ 79

Bankers1 acceptances

604

Foreign commercial & industrial loans

2,193

-

13

-

360

-237

All other loans

4,697

-

92

+

928

+259

Total classified loans
Total unclassified loans

67,043
11,250

+148
22
+

+

44 ,870
312

+432
-542

Total commercial & industrial loans

78,293

+170

+5 ,182

-110

P/ Preliminary.
*

San Francisco District Classified Loans are as of January 28.




H-12(a)

CCMMERCIAL AND INDUSTRIAL LOANS OUTSTANDING AT A SAMPLE OF WEEKLY REPORTING
LARGE COMMERCIAL BANKS BY INDUSTRY AND FEDERAL RESERVE DISTRICT, WEEK ENDED FEBRUARY 4, 1970
^
(in millions of dollars)
All Dis- Boston New
Phila- Cleve- Rich- Atlanta Chicago St.
Minne- Kansas Dallas
San
/
Business of Borrower
tricts
York delphia land mond
Louis apolis
City
Francis coE/*
Durable goods manufacturing - total
14,894
593
6,102
1,527
235
599
271
2,919
159
125
134
335
1,895
Primary metals
2,042
50
992
62
326
31
22
382
13
3
6
33
122
Machinery
280
5,757
2,464
216
539
1,166
74
67
31
44
48
112
716
Transportation equipment
2,711
1,323
98
242
21
40
74
394
8
16
5
42
448
Other fabricated metal products
1,996
81
521
132
234
40
26
73
569
27
45
67
181
Other durable goods
x
2,388
84
802
115
186
87
69
408
50
36
42
81
428
Nondurable goods manufacturing - total
11,619
585
5,492
504
444
397
376
1,711
298
150
134
256
1,272
Food, liquor, and tobacco
126
2,956
1,001
102
93
109
102
89
599
78
55
69
533
Textiles, apparel, and leather
2,253
221
1,134
144
45
185
213
111
64
17
12
27
80
Petroleum refining
24
1,547
828
36
50
10
23
226
20
10
19
242
59
Chemicals and rubber
2,821
1,680
97
115
171
40
361
70
52
17
25
53
140
Other nondurable goods
2,042
117
849
107
63
85
73
60
312
28
23
48
277
Mining (including crude petroleum and
natural gas)
4,466
70
2,657
80
65
502
29
7
122
8
294
474
158
Trade - total
8,497
594
2,720
462
472
501
1,136
445
266
135
278
316
1,172
Commodity dealers
1,134
486
59
55
33
9
59
98
57
36
37
148
57
Other wholesale
3,367
200
259
1,098
157
173
225
508
31
78
107
452
79
Retail
3,996
131
530
213
243
260
276
253
1,136
162
572
68
152
Transportation, communication, & other
10,224
340
606
414
4,924
322
374
1,352
229
84
129
248
1,202
public utilities
170
2,603
166
300
5,564
Transportation
173
214
744
144
58
70
130
792
Communication
36
1,372
66
20
578
168
59
95
24
6
24
241
55
Other public utilities
3,288
208
1,743
240
106
61
115
20
88
440
35
63
169
Construction
3,028
213
201
213
93
194
216
93
759
56
117
389
484
6,821

421

2,166

559

359

198

341

671

230

604

8

244

30

25

4

6

40

1

Foreign commercial and industrial loans

2,193

31

1,643

53

20

13

19

184

1

7

All other loans

4,697

127

1,763

9

482

267

107

328

111

11

67,043

2,936
426

28,470
1,060

2,859
234

4,420
732

78,293 3,362 29,530
Total commercial and industrial loans
2/ Preliminary. Final totals will appear in the F. R. Bulletin.

3,093

5,152

2,134
586
2,720

2,221
570
2,791

9,059
1,306
10,365

1,417
286
1,703

688
72
760

Services
Bankers' acceptances

Total classified loans
Total unclassified loans

*

11.250

classified loans are as of January 28.




112
- -

147

279

1,338

- -

35

211

- -

26

196

38

124

1.330

1,099
285
1,384

2,482
536
3,018

9,258
5.157
14,415

San Francisco District final figures appear in a release of that Reserve Bank.

For immediate release
February 11, 1970
H. 12b
*

COMMERCIAL AND INDUSTRIAL TERM LOANS OUTSTANDING BY INDUSTRY

Total business term loans were $32,248 million as of January. This was a
decrease of $1,819 million over the comparable data a year ago and a decrease of $541
million from the last Wednesday in December.

The principal changes in term loans during January were decreases of $174
million in loans to the mining industry, (which includes producers of petroleum and
» natural gas), $71 million to transportation, and $63 million to manufacturers of
machinery.

r»

*

The total of all business term loans on January 28, represented approximately
49 per cent of total of business loans outstanding at large commercial banks reporting
in the series.

Business of Borrower

Percent of Term Loans Change From Month Ended
Jan. 29,
Total Busi- Jan. 28, Dec. 31,
1969
1969
ness Loans
1970
(In millions of dollars)
(%)

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

51
70
47
59
38
48

7,570
1,428
2,686
1,554
757
1,145

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

51
32
32
82
67
56

5,925
942
708
1,310
1,832
1,133

Mining (including crude petroleum &
natural gas)

86

3,916

Trade - total
Commodity dealers
Other wholesale
Retail

24
8
20
32

2,008
90
686
1,232

Transportation, communication, and
other public utilities - total
Transportation
Communication
Other public utilities

60
78
36
39

6,141
4,343
480
1,318

Construction

30

Services

-

+
-

-

-

-

+
•

-

86
48
63
53
4
24

+ 1,078
74
+
363
+
+
459
63
+
119
+

77
11
5
46
3
18

+
+
+
-

+
+

455
239
87
194
249
74
526

174
6
11
20
3

+
+

117
24
33
108

—

108
71
18
19

+
+
+
+

433
318
42
73

893

-

11

+

30

44

2,936

-

55

+

261

Foreign Commercial & industrial loans

75

1,645

+

-

256

All other loans

25

1,214

-

27

+

227

49

32,248

-

541

Total term loans outstanding




-

+
-

+
-

3

+
-

-

1,819

COMMERCIAL AND INDUSTRIAL TERM LOANS OUTSTANDING AT A SAMPLE OF
LARGE COMMERCIAL BANKS BY INDUSTRY AND FEDERAL RESERVE DISTRICT,
(in millions of dollars)
All Dis- Boston Hew
Phila- CleveBusiness of Borrower
Atlanta
tricts
York
delphia land
Durable goods manufacturing - total
7,570
270
3,740
157
837
88
75
Primary metals
1,428
25
760
226
14
5
6
Machinery2,686
133
1,428
57
245
26
26
Transportation equipment
1,554
61
840
20
152
13
9
Other fabricated metal products
757
22
259
37
102
15
14
Other durable goods
1,145
29
453
29
33
112
16
Nondurable goods manufacturing - total
5,925
256
3,242
174
271
183
99
Food, liquor, and tobacco
942
364
39
22
35
37
30
Textiles, apparel, and leather
708
363
71
36
13
83
13
Petroleum refining
1,310
19
776
60
21
4
15
Chemicals and rubber
1,832
51
1,231
46
108
18
23
Other nondurable goods
1,133
76
508
49
55
18
41

11

H- 12(c)

WEEKLY REPORTING
WEEK ENDED JANUARY 28, 1970
'
San
.
Minne- Kansas Dallas
Chicago St.
FranciscoE/
apolis
City
Louis
1,500
630
88
44
43
98
293
2
29
13
55
542
20
15
163
7
24
212
3
4
9
12
219
242
14
8
8
22
14
211
22
15
19
35
171
1,025
121
65
32
100
357
268
22
29
4
14
78
98
13
5
8
5
206
6
19
130
12
42
237
33
8
56
4
17
216
34
17
12
22
85
•

—

•

•

Mining (including crude petroleum and
natural gas)

3,916

60

2,541

49

261

5

33

478

25

5

69

282

108

Trade - total
Commodity dealers
Other wholesale
Retail

2,008
90
686
1,232

133
1
42
90

. 746
36
222
488

111
8
31
72

179
6
60
113

96
6
36
54

121
1
51
69

303
9
117
177

34
1
8
25

28
2
11
15

40
1
15
24

39
4
17
18

178
15
76
87

Transportation, communication, & other
public utilities
Transportation
Communication
Other public utilities

6,141
4,343
480
1,318

147
111
12
24

3,463
2,355
243
865

112
75
23
14

323
219
26
78

193
111
40
42

164
151
3
10

896
635
54
207

143
131
4
8

68
53
4
11

56
48
6
2

141
91
14
36

435
363
51
21

893

20

294

53

87

26

60

62

19

9

22

131

110

Services

2,936

234

1,167

287

187

47

108

329

67

21

55

61

373

Foreign commercial and industrial loans

1,645

15

1,314

29

15

4

116

— —

4

12

136

All other loans

1.214

1

625

1

139

114

15

120

40

5

10

39

105

32,248

1,136

17,132

973

2,299

752

679

4.829

537

249

327

903

2,432

Construction

Total term loans outstanding




—

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