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BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
g.12

(For Immediate Release)

June 21, 1961

CTTAWO^ IK COMMERCIAL AND INDUSTRIAL LOAMS BY IBDOSTRY
Commercial and industrial loans increased in all but one district and a
net of $358 million at all reporting member banks during the week ended June l4,
which, reflected quarterly tax date needs. Except for a decrease of $4 million in
loans to commodity dealers, all categories showed net increases.
The larger net increases were $%1 million in loans to public utilities,
$4-9 million to manufacturers of metals and metal products, $36 million to other
manufacturing and mining concerns, $65 million to "other" types of business concerns, and $43 million to unclassified borrowers.
Changes in loans during the week and since year-end are shown below; the
third column shows the changes during the comparable period last year.

Cumulative since year-end

Week
ended

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

June 1 W

,

Dec. 28, i960
to
,

June 14, I961B'

Dec. 30, 1959
to
June 15, i960

(in millions of dollars)

- 561
+ 260

+ 19
+ 27

+ 49

-520
+167
-230

+ 28
+ 36

+ 89
+162

+

330

Trade--wholesale and retail
Commodity dealers
Public utilities and transportation
Construction
Ail other types of business

+ 12

-163

+

368

+ 65

+352

+

129

Classified changes - net
Unclassified changes - net

+315
+ 43

£/+ 79

£/+

Net change in commercial and
industrial loans

+358

-/-637

if+1,065

j>/ Preliminary

- 4
+ 71
+ 14

-307
-323

+ 56
-716

+1,055

-

+

27

648
90
77

+ 892
173

r/ Revised to eliminate adjustments in series since July 8, 1959, for mergers of
~
nonreporting banks with reporting banks.




H.12(a)

CHANGES IN COMMERCIAL AND INDUSTRIAL LOANS OF A SAMPLE OF WEKLT REPORTING MEMBER BANKS
BY INDUSTRY AND FEDERAL RESERVE DISTRICT,
WEEK ENDED WEDNESDAY, JUNE 14, 1961
Business of Borrower

Manufacturing and mining:
Food, liquor, and tobacco
Textiles> apparel, and leather
Metals and metal products (including
machinery & transportation equipment)
Petroleum, coal, chmicals, and rubber
Other manufacturing and mining
Trade*
Wholesale
Retail

San FranSt. Minne- Kansas
|AH Dis- .
New Phila- Cleve- Richtricts jg/ Boston York delphia land mond Atlanta Chicago Louis apolis City Dallas eiseo £/
(In millions of dollars)

1.3
.6

+ .7
+3 »7

+ -7

3.2
.5

+4.2
+ .2

+

.3
.2

.4 + 1.4
+ .2 4 .1

+ 3-1
+ 1.0

22.8 + 2.2 + 3.6
.2
4.3
4.1 4* 5-9
13.0

+ .8
-1.5
-3.8

+ .5 + 6,1
+ .8 + 3-4
— .1 + 7»7

+2.4
+ .2
+ .2

+ 2.0

+ 2.7
+ .8

+ .2 + •9
+ .2 + 7.0
+ .8
•5

+ 3.0
•7
+ 4.6

2.4
1.6

- .7
+5-3

- .6
-3.2

+ .6
+ 1.2

+1.1
- .5

+ 1.5
+ 2.5

+ .1 (
+ .2 C

6.3
6)
.6) + 2.5

.1

-2.0

- -5

+ 2.5

-3.1

+ 3.1

-3 .2 +

.2

-

• 7 + 4.7

+1.4

+3-9

+ 9.3

+ .4

+

.6

+ .4

.4

+

•9

.2

+ •9

+

•7

+ 18.9
+ 26.6

+ 2.2 + 12.6 - .8
+ 4*4 4 14.0 + 1.2

+ 48.7
+ 27.5
+ 36.4

+
+

4*2

+

4 3^7
"

4

,2 + 11.1

> 11.9) + 1*5 + 3*2 +
+
1.2 + 5.8
-

-

*3 + 3.5

+ 70.5

4

•7 + 47.9 +

Construction

+ 13.6

-

*
•5 4

All other types of business

+ 64.5

-

Bet change in classified loans l/

Commodity dealers

-

Public utilities (including transportation)

3-8

-

•9
.6

+

1.3 4

+ .5

-

+

**•

—

-

2.8

4

1.6

+1.3

+2.9

+ 1.0

-1-1.5

—

4

3-4

+1.0

+1.8

+ 7.4

- .1

+ 1.5

+ .4 + 1.9

+ 2.8

+314.8

+13.3 +180.4 +14.6 +17.6

+6.2

+6.7

+36.5

+6.5

+14.4

- .2 +10.0

+ 8.8

Unclassified changes - net

+ 43.2

+

+ 5 *4

-5.2

+ *3

+ 8.5

— *5

• 2.4
•

+ .2 + 1.0

+25.2

Net change in commercial and
industrial loans

+358.0

+14.0 +188.0 +17.0 +23.0

+1.0

+7.0

+45.0

+6.0

+12.0

+11.0

+34.0

.4 4- 4*0

1.6 + 46.1

.7 +

-

.1

7*6 + 2.4

j>/ 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 70 per cent of those of all commercial banks.


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