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BOABD OF OOVBEOOBS OF THE FEDERAL RESERVE SYSTEM
January 18, 1961

(For Immediate Release)

H.12

CHANGES IN COMMERCIAL AMD IMXJ31RIAL LOAMS BY TJDOBTRY
Commercial and industrial loans decreased in most districts and a net of
$114 million at all reporting member banks during the week ended January 11. The
principal net decreases were $66 million in loans to manufacturers of food, liquor,
and tobacco products, $kj million to the wholesale and retail trade, and $4l million
to public utilities.
The largest offsetting net increase was $$2 million in loans to manufacturers and producers of petroleum, coal, chemicals, and rubber products.
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
Manufacturing and mining:
Food, liquor, and tobacco
Textiles, apparel, and leather
Metals and metal products
Petroleum, coal, chemicals,
and rubber
Other manufacturing and mining

Week
ended /
Jan. Ut*'

June 29, I960

July 1, 1959
to
Jan. 11, 196!2/ Jan. 13, I960
(in millions of dollars)
626
55
153

- 66
+ 2
- 4

+500
-216
-781

+

+ 52
- 5

+160
- 72

+
+

Trade—wholesale and retail
Commodity dealers
Public utilities and transportation
Construction
All other types of business

- 47
- 19
— 4l
- 2
- 1

-130
+467
+ 83
+ 26
+343

+ 129
+ 691
+ 484
35
—
74

Classified changes - net
Unclassified changes - net

-130
+ 16

+380
-333

+1,876
244

Net change in commercial and
industrial loans

-114

+ 47

+1,632

j)/ Preliminary




-

244
20

-

CHANGES IN COMMERCIAL AND INDUSHtlAL LOAM OF A SAMPLE OF WEEKLY REPORTING MEMBER BANKS
BY INDUSTRY AND FEDERAL RESERVE DISTRICT,
WEEK ENDED WEDNESDAY, JAEUABY 11, 1961

H.12(a)

Business of Borrower
Manufacturing and mining:
Food, liquor, and tobacco
Textiles, apparel, and leather
Metals and metal products (including
machinery & transportation equipment)
Petroleum, coal, chemicals, and rubber
Other manufacturing and mining

San FranSt. Minne- Kansas
New Phila- Cleve- RichAll Dis- .
Dallas cisco £/
tricts 2/ Boston Yoite delphia land mond Atlanta Chicago Louis apolis City
(In millions of dollars)
- 65 «9

+ 2.2
- 3-7
+ 51.7
- 4.8

Trade:
Wholesale
Retail

46.8 j

* -9
-2.4

-49.6
+ 6.6

+1,0
+2.5

- 2.7
- 5-5

- .3

°° *2

+1.0

- .9

+

.1

-

-4.7
+ .2
+1.5

- 6.6
- °3
- .6

+ •7
+ .2
- .4

+2.4
- .7
+2 < 8
>

+

.2

.1.9

• .4
=
+52.4
= 3=2

+

.1

- 8.4
- 6.7

•* o 2
4
-4.6

+ »3
- 2.2

- .7

— .1

-2.4
+ =3

" .6
+ *2

- .2
+ .6

+ .8

=

- 2.6

- 5.1
— .2

+ 1.1
- -5
+ .2

** .2
=
— o4

+1.4

- 1.2
= .2

+ 3.6
— 1.2

— .1

- .2

-

+ .9

-1.4

id

+1.3

+3-5

- 1 O 0 + 3.2

0
0

- 3.4

- 4.4

.1

.2

-3

.8

- 6.2

- .9

+2.5

.1

— 1.4

— 1.6

[

) • 4<>0
=
*
+ 2o2 - 1 4 . 1
•
)

Commodity dealers

- 18.9

+3-9

•-23.O

— »8

-2.5

+ .4

Public utilities (including transportation)

- 40 .9

-1.5

=23.6

- .7

- .3

+ .2

3-6

- .8

-

+1.3

3-0

- .4

+1.2

1.0

-

.4

+ .4

+1.2

- 1•0 +

1.1

-2.2

—1.4

•3

+

-5

—1.2

- -9

- 2.5

+ 2.1

—Construction

-

1.5

-3

- 4.0

«1

- 7.1

.5

•9

+ -5

+ 6.4

- .8

Net change in classified loans l/

-129.5

-2.5

-49.8

-4.9

-21.6

- 5-0

+1.7

- 9.0

-11.2

- .3

+8.2

-11.2

-23.9

Unclassified, changes - net

+ 15.5

+9.5

+ 8.8

-1.1

+

.6

+2.0

-1.7

-31.0

+

.2

-3.7

+ .8

+ 1.2

+29.9

Net change in commercial and
industrial loans

-114.0

+7,0

-4l.O

-6.0

-21.0

-3.0

•11.0

-4.0

+9.0

-10.0

+ 6.0

All other types of business

-40.0

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,
l/ 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 JO per cent of those of all commercial banks.



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