View original document

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

F

E

D

E

R

A

L

R

statistical

E

S

E

R

V

E

r e l e a s e

••f<ALR6SV
H. 12

For Immediate release
January 14, 1970

COMMERCIAL AND INDUSTRIAL LOANS OUTSTANDING BY INDUSTRY
Commercial and Industrial loans decreased in all categories and a net
of $1,725 million at weekly reporting large commercial banks during the week,
ended January 7.
The principal net decreases were $270 million in loans to retail
trade, $145 million to services, $108 million to manufacturers of food,
liquor, and tobacco products, and $271 million to unclassified borrowers.

Business of Borrower

Change From Week Ended
June 25,
Dec. 31, Jan. 8,
Jan. 7, *
1969
1969
1969
1970
B./
(In millions of dollars)

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

14,934
2,058
5,854
2,598
1,973
2,451

-

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

11,995
3,158
2,308
1,664
2,796
2,069

-

r

-

194
32
68
8
25
61

+2 ,353
144
+1 ,142
+ 617
+ 174
+ 276

+
+
+
+

249
108
28
48
49
16

+
+
+

+

+

-

+

955
102
537
505
204
15

+
+

960
315
184
172
318
315

46
•f 614
402
404
+
54
+ 184

-

435

191

-

Mining (including crude petroleum &
natural gas)

4,715

-

115

Trade - total
Commodity dealers
Other wholesale
Retail

8,570
1,128
3,495
3,947

-

395
57
68
270

+
+

216
208
92
332

10,574
5,642
1,450
3,482

-

201
27
99
75

+
+
+
+

994
334
203
457

+1 ,079
f 163
f 252
4- 664

30

+

168

202

145

+

630

f

93

f

153

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

3,110

Services

6,850

-

-

+
-

f

250
172
63
359

45

-

43

Foreign commercial & industrial loans

2,229

12

-

343

All other loans

4,837

68

+1

Total classified loans
Total unclassified loans

68,492
11,417

-1,454
- 271

+5 ,581
+ 370

+1 ,881
375

Total commercial & industrial loans

79,909

-1,725

+5 ,951

+1 ,506

*

San Francisco District classified loans are as of December 31.




r-t

P/ Preliminary.

00
o

678

Bankers' acceptances

201
f

399

H.12(a)

COMMERCIAL AND INDUSTRIAL I/3ANS OUTSTANDING AT A SAMPLE OF WEEKLY REPORTING
LARGE COMMERCIAL BANKS BY INDUSTRY AND FEDERAL RESERVE DISTRICT, WEEK ENDED JANUARY 7, 1970
(in mil1 ions of dollars]
All Dis- Boston New
Business of Borrower
Phila- CleveMinne
| Atlanta Chicago
tricts^
York
delphia land^
apolis
Durable goods manufacturing - total
14,934
602
6,249
611 1,491
278
2,904
135
Primary metals
2,058
48
1,047
64
311
20
375
3
Machinery
5,854
284
2,545
226
540
80
78
1,177
39
53
30
Transportation equipment
2,598
98
1,271
68
239
22
38
376
9
5
13
Other fabricated metal products
1,973
84
527
138
221
39
73
555
25
28
46
Other durable goods
2,451
88
859
115
180
88
69
421
47
46
36
Nondurable goods manufacturing - totals 11,995
579
5,680
504
525
404
376
1,767
280
158
132
Food, liquor, and tobacco
3,158
126
1,061
99
118
92
111
648
106
86
53
Textiles, apparel, and leather
2,308
216
1,156
151
" 62
196
118
212
58
14
12
Petroleum refining
1,664
24
855
39
85
7
26
247
21
10
21
Chemicals and rubber
2,796
92
1,747
103
161
39
58
345
39
16
22
Other nondurable goods
2,069
121
861
112
99
70
63
315
56
32
24
Mining (including crude petroleum and
natural gas)
4,715
69
2,876
80
296
64
519
29
8
124
Trade - total
8,570
602
2,689
463
488
461
512
1,101
277
144
290
Commodity dealers
1,128
62
469
57
9
58
35
90
69
38
39
Other wholesale
3,495
256
1,138
157
243
175
238
507
76
34
83
Retail
3,947
284
1,082
249
236
228
239
504
132
72
168
Transportation, communication, & other
public utilities
10,574
416
5,241
369
651
375
316
1,384
233
105
135
Transportation
5,642
176
2,680
168
291
177
210
761
147
69
71
Communication
1,450
36
660
53
98
95
23
174
23
10
28
Other public utilities
3,482
204
1,901
148
262
103
83
449
63
26
36
Construction
3,110
95
769
204
228
191
251
213
96
56
124
Services
6,850
433
2,180
554
371
206
344
670
206
129
153
Bankers' acceptances
678
6
344
35
32
6
2
62
1
Foreign commercial and industrial loans
All other loans
Total classified loans
Total unclassified loans

2,229

31

1,642

57

32

14

22

193

1

6

4,837
68,492

132
2,965

1.856

8

286

299

110

29,526

2,885

4,400

2,200

2,279

355
9,168

91
1,365

2
743

11,417

436

1,028

240

737

611

599

1.265

289

73

79,909 . 3,401 30,554
Total commercial and industrial loans
£/ Preliminary. Final totals will appear in the F. R. Bulletin.
* Classified loans are as of December 31.



_2L
1,125
286

Dallas
322
32
99
44
66
81
251
67
23
67
49
45

San
FranciscoB*
1,818
108
703
415
171
421
1,339
591
90
262
125
271

475

169

319
61
108
150

1,224
141
480
603

270
135
54
81

1,079
757
196
126

393

490

295

1,309

30

160

26

205

131
2,512

9,324

549

1,531
5

3.125 5.137 2.811
2.878 10.433 1ffiS4
816 1.411
3.061
14.628
San Francisco District final figures appear in a release of that Reserve Bank.

For immediate release
January 14, 1970
H.12b

COMMERCIAL AND INDUSTRIAL TERM LOANS OUTSTANDING BY INDUSTRY

Total business term loans were $32,789 million as of December. This was
an increase of $3,258 million over the comparable data a year ago and an increase
of $1,240 million from the last Wednesday in November.
The principal changes in term loans during December were increases in
$268 million in loans to transportation, $183 million to manufacturers of machinery,
$155 million to manufacturers of chemicals and rubber products, $118 million to
"other11 public utilities, and $112 million to manufacturers of transportation
equipment.
The total of all business term loans on December 31, represented approximately
47 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 Endi
Nov. 26, Dec. 25,
Total Busi- Dec. 31,
1969
1968
1969
ness Loans
(%)
(In millions of dollars)

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

51
71
46
58
38
47

7,656
1,476
2,749
1,501
761
1,169

+
+
+
+

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

49
29
31
79
64
55

Mining (including crude petroleum &
natural gas)
Trade - total
Commodity dealers
Other wholesale
Retail

+

406
74
183
112
35
72

+1,252
+ 138
+ 488
+ 466
+
23
+ 137

6,002
953
713
1,356
1,829
1,151

+
+
+
+
+
+

280
45
6
46
155
28

+
+
+
+
+
+

637
178
84
144
141
90

85

4,090

+

46

+

57

22
67
20
29

2,014
79
706
1,229

+

+

+

50
2
38
14

+
+

118
39
63
94

58
78
32
38

6,249
4,414
498
1,337

+
+
+
+

422
268
36
118

+
+
+
+

678
508
57
113

29

904

+

1

+

96

43

2,991

+

46

+

415

Foreign commercial & industrial loans

73

1,642

-

48

-

277

All other loans

25

1,241

+

37

+

282

47

32,789

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

Total term loans outstanding

£/ Preliminary.




•

-

-

+

+1

> 240

-

+3,258

•

»

H. 12(c)

,

-»

.

'

1

'

t

•,

,

COMMERCIAL AND INDUSTRIAL TERM LOANS OUTSTANDING AT A SAMPLE OF WEEKLY REPORTING
LARGE COMMERCIAL BANKS BY INDUSTRY AND FEDERAL RESERVE DISTRICT, DECEMBER 31, 1969
(in millions of dollars)

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

All Districts
7,656
1,476
2,749
1,501
761
1,169

St.
Phila- Cleve- Rich- Atlanta Chicago
New
Louis
delphia land mond
York
85
1,497
88
74
810
163
3,852
266
29
6
297
4
214
816
14
27
20
26
25
550
244
59
1,484
127
2
201
13
9
150
18
62
806
13
236
16
13
97
42
273
21
21
213
17
33
105
30
473
29
113
1,013
103
180
240
171
251
3,375
22
272
30
33
22
37
374
41
13
99
14
85
11
369
33
70
20
193
14
5
45
24
20
830
26
25
235
18
88
40
1,289
45
32
214
20
39
59
52
513
75

Boston

348
74
9
135
35
95

12
4
12

112
15
5
52
17
23

26

3

72

319

109

297
9
119
169

35
1
9
25

27
2
10
15

. 40
1
15
24

34
2
14
18

171
14
82
75

163
146
3
14

882
628
52
202

147
133
5
9

66
52
4
10

58
50
6
2

155
105
14
36

450
379
51
20

25

58

65

14

9

19

137

122

189

50

104

356

64

22

53

76

387

29

22

4

4

121

- -

4

- "

13

143

1

101

123

21

116

37

1

10

38

104

• 977 2,152

764

696

4,864

521

239

328

987

2,465

Mining (including crude petroleum and
• natural gas)

4,090

61

2,648

43

253

4

35

517

Trade - total
Commodity dealers
Other wholesale
Retail

2,014
79
706
1,229

138
41
97

762
36
224
502

133
8
32
93

145
1
67
77

98
4
35
59

134
1
58
75

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

6,249
4,414
498
1,337

152
114
12
26

3,577
2,434
264
879

106
73
21
12

301
185
28
88

192
115
38
39

904

23

290

51

91

Services

2,991

225

1,185

280

Foreign commercial and industrial loans

1,642

20

1,282

All other loans

1.241

1

688

32,789

1,137

17,659




103
13
26
12
14
38

San
.
FranciscoE/
631
54
167
215
20
175

Dallas

32
4

6,002
953
713
1,356
1,829
1,151

Total term loans outstanding

Minne- Kansas
City
apolis
43
44
2
6
15
9
4
9
7
20
15
64
29
5
6
7
17

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

Construction

<

- -