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r e l e a s e
For immediate release
January 27, 1971

COMMERCIAL AND i # # m i m J ' L Q A N S OUTSTANDING BY INDUSTRY
Commercial and industrial loans decreased a net of $72 million at weekly
reporting large commercial banks during the week ended January 20.
The principal net decreased were $49 million in loans to manufacturers of
food, liquor, and tobacco products, and $59 million in bankers' acceptances.
The largest offsetting net increases were $96 million in loans to retail
trade, and $59 million to the mining industry including petroleum and natural gas.

Business of Borrower

Jan. 20
1971 '

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

14, 868
2, 161
5, 390
2, 879
1, 939
2,499

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

11, 183
2, 856
2, 196
1,454
2, 765
1, 912

Mining (including crude petroleum &
natural gas)

4, 011

Trade - total
Commodity dealers
Other wholesale
Retail

9, 028
1, 362
3, 602
4, 064

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

Jan. 21, June 24,
Jan. 13,
1970
1970
1971
(In millions of dollars)

£ /

10, 033
6, 130
1,,427
2,,476

38
5
6
16
4
29

+
+
-

•

54
49
30
9
8
8

-

+
+
+

-

+
+

~

+
-

+

+
+

•

-

+

77
4
15
96
17
47
8
38

495
191
104
96
8
112

-1,258
5
807
+ 120
qi q
J1J
253
+
-

-

+

+
+
+
+

+
+

—

458
230
153
75
451
465
17
933

751
102
517
185
48
199
249

618

59

+

71
71
435
299
114
108

+
+
-

154
464
21
289

+
+

370
490
138
258

+

Construction

3j,395

+

15

+

342

+

187

Services

7,,389

-

23

+

549

+

516

Bankers' acceptances

1:,609

-

59

+1 ,038

Foreign commercial & industrial loans

2.,273

-

47

+

134

All other loans

4.,753

-

29

+

98

Total classified loans
Total unclassified loans

68.,542
12 ,349

Total commercial & industrial loans

80 ,891

-

+
-

116
44
72

P/ Preliminary.

*
San Francisco District


classified loans are as of January 13.

+1 ,104
+
-

119
77

984
883

+ 115
4-1,225

+1 ,867

+1 ,340

+
+

H. 12(a)

Dallas
296
31
79
44
55
87
268
74
36
63
50
45

San
,
FranciscoE/
2,079
198
677
484
221
499
1,193
609
84
187
159
154

Mining (including crude petroleum and
natural gas)

4,011

63

2,354

58

231

7

58

439

25

7

118

442

209

Trade - total
Commodity dealers
Other wholesale
Retail

9,028
1,362
3,602
4,064

586
38
255
293

2,864
594
1,192
1,078

482
75
164
243

496
15
220
261

534
71
188
275

517
23
248
246

1,133
150
483
500

307
102
84
121

177
70
37
70

302
45
97
160

353
70
143
140

1,277
109
491
677

10,033
6,130
1,427
2,476

394
171
64
159

4,914
2,943
644
1,327

298
150
65
83

556
320
84
152

373
187
84
102

316
219
23
74

1,213
775
159
279

219
153
27
39

93
65
5
23

130
72
26
32

264
141
52
71

1,263
934
194
135

Construction

3,395

90

873

255

246

209

187

267

130

59

101

381

597

Services

7,389

418

2,429

629

330

228

354

738

263

151

165

292

1,392

Bankers' acceptances

1,609

40

800

64

50

6

6

303

1

15

85

239

Foreign commercial and industrial loans

2,273

55

1,679

50

53

10

25

301

9

30

61

All other loans

4,753

113

1.838

9

424

316

141

461

I—4
o
00

COMMERCIAL AMD INDUSTRIAL LOANS OUTSTANDING AT A SAMPLE OF WEEKLY REPORTING
LARGE COMMERCIAL BANKS BY INDUSTRY AND FEDERAL RESERVE DISTRICT, WEEK ENDED JANUARY 20,1971
(in millions of dollars)
All
DisNew
Phila- Cleve- Rich- Atlanta Chicago
St.
Minne- Kansas
Business of Borrower
Boston
tricts
York
delphia land
mond
Louis
apolis
City
14,868
Durable goods manufacturing - total
597
6,086
622 1,427
271
277 2,737
175
163
138
Primary metals
2,161
51
1,014
78
321
22
26
362
46
7
5
Machinery
5,390
265
2,317
186
497
79
56 1,108
34
62
30
Transportation equipment
2,879
95
1,405
92
239
30
48
402
8
11
21
Other fabricated metal products
1,939
85
513
144
205
51
76
482
24
39
44
Other durable goods
2,499
101
837
122
165
89
71
383
63
44
38
11,183
652
5,180
478
392
Nondurable goods manufacturing - total
425
391 1,601
290
157
156
Food, liquor, and tobacco
2,856
119
873
92
71
96
121
537
106
86
72
Textiles, apparel, and leather
2,196
292
1,032
122
36
186
130
193
61
15
9
Petroleum refining
20
1,454
35
772
46
12
16
240
25
8
30
Chemicals and rubber
2,765
104
1,675
115
147
65
52
320
37
19
22
Other nondurable goods
1,912
828
117
92
114
66
72
311
61
29
23

5

32

00

1,122

68,542
12,349

3,008
459

29,017
1,041

2,945
280

4,205
792

2,379
698

2,272
640

9,193
1,512

1,517
285

822
67

1,157
344

2,595
593

9,432
5,638

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

Total classified loans
Total unclassified loans

Total commercial and industrial loans
3,467 30,058
80,891
2/ Preliminary. Final totals will appear in the F. R. Bulletin.
* Classified loans are as of January 13.




— —

15.070
889 1,501 3,188
1,802
10,705
2,912 :
3,225 4,997 3,077
San Francisco District final figures appear in a release of that Reserve Bank.