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F E D E R A L

R E S E R V E

release
For immediate release
July 31, 1963
CHANGES IN COMMERCIAL AND INDUSTRIAL LOANS BY INDUSTRY

H .12

Commercial and industrial loans decreased in all "but one district and
a net of $314 million at weekly reporting member "banks during the week ended
July 24. All categories showed net decreases except a small net increase in loans
to manufacturers of transportation equipment.
The principal net decreases were $54 million each in loans to manufacturers
of machinery and to the retail trade, $46 million to manufacturers of food,
liquor, and tobacco products, $17 million to manufacturers of "other" durable
goods, $16 million to the wholesale trade, $15 million each to petroleum refiners
and to manufacturers of chemicals and rubber products, and $26 million to unclassified borrowers•
Changes in loans during the week and since mid-year are shown below;
third column shows the changes during the comparable period last year.

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

Cumulative since mid-year
Week
June 26, 1963
June 27, 1962
ended
.
to
.
to
July 24 £ /
July 24,1963 2/ July 25,1962
(in millions of dollars)

- 3
- 54
l

5
64
68

- 12

10

+

- 17
-

46
14
15
15

- 11

38

- 93
+ 35
- 19

- 80
+ 12

Mining, including crude petroleum
and natural gas
Trade:

- 4o
-152

- 26
+ 90
-101

+
-

9
7
77
35

- 10

3

Commodity dealers
Other wholesale
Retail

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

- 62

16

54

+ 19
- 32
- 68

- 14

-158

- 1
- 18

+ 3

3

+ 10

4

- 18

+ 21

Net change in classified loans
Unclassified changes - net

-288
- 26

-582

- 30

-391
- 9

Net change in commercial and
industrial loans

-314

-612

-4oo

p/ Preliminary.




- 10

-

-

+ 3

f!RA1*3RR IN COMMERCIAL AND INDUSTRIAL LOANS OF A SAMPLE OF WEEKLY REPORTING MEMBER BANKS

1.12(a)

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

New
All Districts P/ Boston York

Mining, including crude petroleum
and natural gas
Trade:

Commodity dealers
Other -wholesale
Retail

- 2.3
- 30.2
- 6.3
- 1.0
- 5.8

- .8
- 1.4
- .1
- 1-3
- -9

- .2
- *3 - 2.8 - •3
—
+
.2
+5.2
-1.7 - .2 - • 3
-1.2 - .1 - 1-5

•
-

.8
.4

- 33-3
- 3 *8
- 7-8
- 5.7
- 4.4

•
-

.7
.2

+ .4
+ -9
- .2
-2.5
— .2

.2

-

+

-3

- .7

+ 2.1
- 1.1
- 1.9

+4.4
-2.3
- .3

- 2.6 - .2
- 53-6 + 2.0
+ 1.1 + -3
- 11.7 - .4
- 16 • 7 - 3-4

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

46.0 14.4 15.1
14.6 10.8 -

3-1 +

San FranSt. Minne- Kansas
Phila- Cleve- RichAtlanta Chicago Louis apolis City Dallas cisco 2/
mond
delphia land
ulars J
(In millions of do]

.9
-7
— —

- 3-0 - 1.7
— —
- 15-5
- 54.0 - 3-0

Transportation, communication, and
other public utilities

- 14.1

- 10.2 -

.6

All other types of business,
mainly services

-

- 17.9
- 5.7
- 26.5

—

5.2 + .6
1-7 - 3-2
—
4- .1
.2
2.2
.6
2.4

4.0 - 1.3

Net change in classified loansl/

-288.3 —11.2

Unclassified changes - net

-25.T

Net change in commercial and
industrial loans

-314.0 -14.0

- 2.8

-

4.6 + • 7
1-3
2.1 + .4
7.8
2.2
4.5
2.4
.1
.8
l.l + .4

+1.3
+ -7
- -3
- .1
- .2

- .2
- .7
+ -5
- .1

- 2.8
+ .4
- .2
.4
- .8

.2

+ .1

-2.1

+

.4
2.7
4.6

+1.4
+2.5
-2.3

+ -3
+1-3
- .3 - 3.7
- - 9 + -3

• 5 + 2.9

- .3

+ .5

+ 1.1

+2.6

+

-3
.2

-

—

-

-

-

— —

-

.6 +
.4

+ .3 +

*2

1.5

1.3

+

+ .6 + 2.3

- 3.5

- 4.7

13.8

-39-5

-

.2 - 5-5

-

14.0

-

-

- 3.4
.4

— —

-

4.6
-

+ 1.2
- 6.8
- .1
- 2.3
+ .1

- .6

-

• — #-

-

— —

.1
.4
.3
.1

1.2 - .4
.1 + 1.0
.5
•9
.2
•3

-

1.6
1.0 + 8.4
1.1
•5
3.7 - 7.6 - • 9
1.5 +

— «•

— —

—« mm

• 5 + l.l

•3

Construction

3.1

-7
.2

- •3
-11.5
+ .6
- 2.6
- 2.7

-45.0

-

1.2

-

—

+
+
+

- .8
- .8

.8

-

1.9

4-

1-5

+2.3

-2.3

+

5-5

-

9-4

+5.8

-3.9

-12.4

4-5

-

2.6

- .8

-1.1

+

12.0

+5.0

-5.0

-12.0

> 1.8

10.0

.4

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 banks and about 70 per cent of those of all commercial banks.