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BOABD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
(For Immediate Release)

H.12

June 29, i960

CHABQES IE COMMERCIAL AMD DTOQBIRIAL LOAMS BY IBDOSTRY
Commercial and Industrial loans increased in nine districts and a net of
$93 million at all reporting member banks during the week ended June 22. The principal net increases were $35 million in loans to "other" manufacturing and mining
concerns, $22 million to "other" types of business, $13 million to manufacturers of
metals and metal products, and $22 million to unclassified borrowers.
Offsetting net decreases were $12. million in loans to manufacturers and
producers of petroleum, coal, chemicals, and rubber products and $10 million to
commodity dealers.
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.

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
June

m

Cumulative since year-end
Dec. 36, 1
31,
June 22, 1960B/
June 24, 1959
(in
of dollars)

+ 5
+ 1
+13

557
+ 261
+1,068

-459
+213
+844

-11
+35

+

38
365

-142
+199
+307
-355
-156
+io4
+130

*•

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

+ 2
-10
+ 8
+ 8
+22

+
+
+

369
659
82
85
151

Classified changes - net
Unclassified changes - net

+71
+22

+
+

963
191

+687
+185

Net change in commercial and
industrial loans

+93

+1,154

+871

-

2/ Preliminary
Mote: Cumulative figures in the last column are not strictly comparable with
current figures because of revised loan classification beginning with week ended
July 8, 1959.




CHANGES HI COMMERCIAL AMD INDUSTRIAL LOANS OF A SAMPLE OF WEEKLY REPORTING
BY INDUSTRY AND FEDERAL RESERVE DISTRICT,
WEEK ENDED WEDNESDAY, JUNE 22, i960

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
Trade:
Wholesale
Retail

I St. [Minna-1Kansas 1
ISan Pi
San Fran
Phila- Cleve- Rich-|
New
All DisAtlanta Chicago | jjOUiB I apolls [ City [°aJ-la8lei80O £/
tricts jg/ Boston York delphia land mand
(In millions of dollars J
+ .2

+ .4
+ .1

+
-

- .6
+ .1
+ .5

- .8
—1.4
+ .8

- .4
-1.0
+ .9

+ 1.3
+ .8
+ 2.1

+ 1.6
-15.3

-1.1
— .6

- .4
+1.0

+1.0
+2.3

+ 4.5

" .3
= 5 «1
•

- 5.1
+ 3-9

~ 2.1
+ .6

+ .4
"1.2

-1.3
- .5

- .7
+ -7

+10.8
+ 2.9

+1.6
- .4

+12.7
-10.8

-1.1
+ el
+1.3

+15.4
- 4.8
+20.1

+ 3.4
+ 1.3
+ 2.4

+1.0
—2.0
+5«0

+ .2
- .6
- .5

+ .6
+ *3
+ .6

— 6.3
= 3.6
+ 1.6

+1.4
+3.8

+ -9
+ 1.1

.9
+ 4.7

— *6
- .1

+ .6

+ .4
- .4

+ 1.1
+34.8

t

+

H

.8
.1
Not

|+ 2.l| avail-

Commodity dealers

-10.2

- .3

- 7.9

+ 2.0

- .7

- .3

+ .6

- 1.5

-1«3

-1.3

- .4

+

.9

Public utilities (including transportation)

+ 8.2

+ .4

+ 3.9

- 2.9

- -5

+ .9

+2.4

+ 3.2

+ .1

+ .5

- .6

+

.8

Construction

+ 7-7

+1.4

+ 3.6

+ 1.0

+ .5

— .2

+ .4

+

——

+1.2

- .6

-

.1

All other types of "business

+21.5

+1.2

+11.2

+ 3.0

+2.5

+ .4

-1.5

- 5.9

+ .9

+ .5

+1.8

+ 7.4

Net change in classified loans 1/

+71.0

+2.8

+42.3

+12.5

+4.3

-1.3

+3.4

-12.0

- .8

+ -3

+3.5

+16.0

Unclassified changes - net

+22.0

+ .2

+ 8.7

+

*5

-1.3

-2.7

- .4

+21.0

— .2

+1.7

+2.5

Net change in commercial and
industrial loans

+93.0

+3.0

+51.0

+13.0

+3.0

—4.0

+3.0

+ 9.0

-1.0

+2.0

+6.0

-5

able

-8.0
+16.0

-8.0

jg/ Preliminary; final totals vill appear in the F. B. Bulletin and Saa Francisco District figures appear in a release of the Reserve Bank,
l/ About
n weekly reporting member banks are reporting changes in their larger loans as to industry; these banks hold about 95 P* r cent of
~
~
total commercial and industrial loans of *"n weekly reporting member banks and about 75 per cent of those of all commercial banks.