View original document

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

FEDERAL

&
statistic

RESERVE

release

'•f**Lrs&

For immediate release
July 18, 1962
H.12

CHANGES IN COMMERCIAL AND INDUSTRIAL LOANS BY INDUSTRY

Commercial and industrial loans increased in eight districts and a net
of $95 million at weekly reporting member banks during the week ended July 11.
The principal net increases were $84 million in loans to manufacturers
of "other" durable goods, $13 million to "all other" types of business concerns,
$11 million to the construction industry and $52 million to unclassified borrowers.
The larger offsetting net decreases were $43 million in loans to manufacturers of food, liquor, and tobacco products, and $22 million to -mamzf'acdairers
of transportation equipment.
Changes in loans during the week and since year-ana. she agfamm. "below;
third column shows the changes during the comparable perioi. last jsear.

Business of Borrower
Durable goods manufacturing:
Primary metals
Machinery
Transportation equipment
Other fabricated metal products
Other durable goods
Nondurable goods manufacturing:
Food, liquor, and tobacco
Textiles, apparel, and leather
Petroleum refining
Chemicals and rubber
Other nondurable goods

alative since year-end
Week
Bee- 27, 1961 Dec. 28, i960
.afe
eald .
to
.
to
July 11 J/
July 11.1962 g/july 12, 1961
(la millions of dollars)
- 1
-22,

f 2

-164)
+ 71)
+ 4o)

1/-210

*84

+191

l/ n.a.

-43

-537
+314
- 58)
+. 35)

-536
+I89

- 6

*10

- 5
* 4

1/+ 41

+158

l/ n.a.

+ 2

+176

1/+246

Commodity dealers
Other wholesale
Retail

-10
+ 6
- 1

-244
+ 38)
+ 41)

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

+11

+186

+ 56

+13

+183

+4o4

+44

+ 67

-694

+291

+ 87

+358

-607

Mining, including crude petroleum
and natural gas
Trade:

Net change in classified loans
Unclassified changes - net
Net change in commercial and
industrial loans

+52

+95

-489

-316
-175

-393

p/ Preliminary.
n.a. - Not available.
l/ Because of reclassifications as of September 27, 1961, many categories are not
strictly comparable with prior data.
'




H.12(a)

CHANGES IN COMMERCIAL AMD INDUSTRIAL LOANS OF A SAMPLE OF WEEKLY REPORTING MEMBER BANKS
BY INDUSTRY AND FEDERAL RESERVE DISTRICT, WEEK ENEED WEDNESDAY, JULY 11, 1962
All DisNew
Phila- Cleve- RichSt. Minne- Kansas
San FranBusiness of Borrower
tricts e/ Boston York delphia land
moxid Atlanta Chicago Louis apolis City Dallas cisco 2/
(In millions of dollars)
Durable goods manufacturing:
Primary metals
- .4 + .6 + .4
— —
- .2 + -7
+ .1
+ .1
- 2.3
- .1 + .1 + .2
Machinery
- .8 - 3 * 2 + .6
.
+ .5 - .5
+ .6
- 6.0
+1.7
+ -5 + .2 + .1
+ 2.7
Transportation equipment
— —
-21.6
+ 4.9 -17.5
- 1.0 —l .6
- .4 + .1 - .2
- 3.0
- .5
- 2.4
Other fabricated metal products
+ 2.0
- .1 + .3
-1.2 + .9
- .3 - -9
+ .5
+ .1
+ -9
- .2 + .1
+ 1.9
Other durable goods
+84.1
+ .1 +84.1
+ .4 + -3 + .2 +1.1
+ 1.4
—
—
- »3
- .7
- 2.5
mm mm

mm am

mm mm

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

-42.8
- 6.1
+ 9.8
- 5-2
+ 3 «8

Mining, including crude petroleum
and natural gas

+ 1.9

Trade:

Commodity dealers
Other wholesale
Retail

Transportation, communication, and
other public utilities

- 9*6
+ 6.0
- 1.0
--

+ 1 . 5 -36.7
-12.7 + 1-5
+ 7.2
+ .1 - 1.0
+ .2 + 1.7

+ 2.3 -1.0
— —
+ .9
+ 1-3 + .1
.6 -1.2
+ .2 + .9

- .5
-1.6
- .1
-l.l
- .1

-1.1
+ .5
- .4
- el
+ .4

+ 4.8
+ 1.7
+ -3
- .1
+ -3

.1 +1.2

+ .1

- .6

+

- 1 . 9 -11.8
+ .7 - 3.0
+ 2.4 + 2.3

+ 1.6 +2.9
+ .2 +1.8
+ 1.9 - .8

-5.2
+1.4
+ .9

- .9
+ .9
-1.5

- 3-7
+ .9
- 1.7

- 3.1

+

.9 + .6

- .6

+ -7

+ .1

+1.4

-7 -1.4

- -

- 1.8

—

Construction

+10.7

+

All other types of business,
mainly services

+12.7

+ 2.1

Net change in classified loansl/

+43-5

- 5.9 +38.6

Unclassified changes - net

+51.5

+ 2.9

+

Net change in commercial and
industrial loans

+95.0

-3.0

+39.0

.7 + 2.2
+11.3

.4

-

+ 2.6
-

- .8
+1.2
- .4
- .2
- «3

+ .5
+1.0
- .3
- .4
+ -9

+ «3
+ .4
- .5
- 1.3
— •

+ «5
+ .1
+2.4
- .3
- .2

-12.6
+ .9
+ .2
+ 1.0
- .2

- .2

+ 1.2

» .3

+ 1.7

+7.0
+ .1
- .6

-3*1
+1.2
-1.0

+ 1.6 + .8
+ 1.6 +2.1
- .9 - .4

+ 3.1
- 1.9
— 1.6

- 1.9

+ .2

+1.9

+ 1.5

-1.2

+ 1.0

+2.5

- 2.8

+ .3

+1.9

+ 2.6

+ .1

-

- .3

+5.1

- 2.9

- .7

- el

+ 1.1• -3.3

+ 2.5

-7

- -

.9

+10.1

+2.4

-6.7

+8.8

-13.8

+6.6

+2.1

+ 7.8

+ .5

- T .0

+

.9

-5.4

+3.7

- .8

-

.2

+ .4

~ el

+ 5.2

+ .5

+44,0'

+11.0

-3.0

-3.0

+8.0

-i4.o

+7.0

+2.0

+13 «o

+1.0

+37.0

P/ Preliminary; final totals will appear in the F. R• Bulletin and San Francisco District final figures appear in a release of the Reserve Bank.
1/ 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 bgnks and about ?0 per cent of those of *11 commercial "banks.