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of G OW RESERVE :h&. H. 12 r e l e a s e • f*4L RES^ For Immediate release June 3, 1970 COMMERCIAL AND I OUTSTANDING BY INDUSTRY Commercial and industrial loans decreased a net of $395 million at weekly .^reporting large commercial banks during the week ended May 27. The principal net decreases were $59 million in loans to manufacturers of Jfood, liquor, and tobacco products, and $112 million to manufacturers of machinery. The largest offsetting net increase was $70 million in loans to manufacturers +.of transportation equipment. Outstanding Change From Week Ended May 27, May 20, May 28, Dec. 31, 1970 P/* 1970 1969 1969 (In millions of dollars) Business of Borrower "Durable goods manufacturing - total ^ , Primary metals Machinery " Transportation equipment -1 Other fabricated metal products Other durable goods *- 15,634 2,044 6,063 2,688 2,198 2,641 > ,^Nondurable goods manufacturing - total Food, liquor, and tobacco Textiles, apparel, and leather Petroleum refining Chemicals and rubber Other nondurable goods Mining (including crude petroleum & " * natural gas) — - - + - 11,604 2,709 2,602 1,552 2,721 2,020 - - + - 4,203 - • Trade - total Commodity dealers , > Other wholesale Retail 8,677 972 3,580 4,125 » Transportation, communication, and other public utilities - total Transportation \ » Communication Other public utilities 9,456 5,558 1,345 2,553 1 Construction * Services »> Bankers' acceptances • Foreign commercial & industrial loans All other loans Total classified loans ^Total unclassified loans Total commercial & industrial loans - + + +2,038 47 972 669 59 291 + + + + + + + 124 59 11 6 49 11 51 16 13 22 - 3,132 - 6,767 + + + + + 473 41 137 56 195 126 + 44 326 1 466 4 189 + - 633 544 265 166 124 64 - 704 - 634 102 101 38 39 + - 262 218 11 55 - 21 37 45 7 1 - + - + 416 + 228 + 223 - 35 -1,384 - 178 - 194 -1,012 14 - 127 10 - 28 + 7 - 253 540 - 43 + 82 - 168 2,231 - 11 - 228 7 • —i + 637 10 368 27 +2, 063 374 -2,888 - 335 395 +1» 689 -3,223 - 4,935 67,179 11,146 78,325 P/ Preliminary. * San Francisco District classified - - 113 22 112 70 11 38 loans are as of May 20. - % 4r % COMMERCIAL AND INDUSTRIAL LOANS OUTSTANDING AT A SAMPLE OF WEEKLY REPORTING LARGE COMMERCIAL BANKS BY INDUSTRY AND FEDERAL RESERVE DISTRICT, WEEK ENDED May 27, 1970 (in nions of dollars) San . St. I Minne- Kansas Dallas I Fhilfl- ICleve-1 Rich- Atlanta Chicago All Dis- Boston New FranciscoB/* Business of Borrower Louis I apolisl City York IcLelphlal land I mond tricts 2,078 312 152 139 170 302 3,064 276 635 1,616 6,229 661 15,634 Durable goods manufacturing - total 156 34 10 4 34 25 396 14 70 311 940 50 2,044 Primary metals 795 105 32 50 40 72 1,189 92 573 220 2,578 317 6,063 Machinery 490 40 18 8 9 41 419 26 255 70 1,207 105 2,688 Transportation equipment 198 56 51 33 33 84 598 47 269 149 593 87 2,198 Other fabricated metal products 439 77 41 44 54 80 462 97 208 126 911 102 2,641 Other durable goods 1,253 240 132 152 281 405 1,673 417 454 519 5,393 685 11,604 Nondurable goods manufacturing - total 490 62 51 77 70 113 559 83 97 97 897 113 2,709 Food, liquor, and tobacco 92 32 17 18 78 134 221 197 52 154 1,288 319 2,602 Textiles, apparel, and leather 254 60 17 10 24 24 237 15 49 38 800 24 1.552 Petroleum refining 148 42 25 18 42 64 341 54 161 112 1,613 101 Chemicals and rubber 2,721 269 44 22 29 67 70 315 68 95 118 795 128 2,020 Other nondurable goods H. 12(a) Mining (including crude petroleum and natural gas) 4,203 75 2,508 79 270 7 62 457 29 11 119 408 178 Trade - total Commodity dealers Other wholesale Retail 8,677 972 3,580 4,125 593 33 244 316 2,893 447 1,237 1,209 450 46 158 246 495 9 205 281 464 32 176 256 514 29 238 247 1,082 97 520 465 252 43 85 124 150 39 37 74 270 24 89 157 319 34 130 155 1,195 139 461 595 Transportation, communication, & other public utilities Transportation Communication Other public utilities 9,456 5,558 1,345 2.553 388 156 42 190 4,485 2,600 544 1,341 287 142 67 78 579 308 76 195 334 170 86 78 301 218 19 64 1,239 760 157 322 208 151 25 32 75 57 6 12 130 68 27 35 244 135 46 63 1,186 793 250 143 Construction 3,132 97 785 222 199 207 210 238 97 65 102 394 516 Services 6,767 427 2,131 544 377 220 344 641 201 126 144 264 1,348 540 11 263 22 16 4 6 68 1 1 23 125 2,231 33 1,660 53 25 14 21 228 22 166 4,935 103 1,828 5 447 266 119 345 120 13 38 149 1.502 67,179 3,073 28,175 2,816 4,478 2,209 2,284 9,035 1,359 740 1 ,088 2,375 9,547 11,146 454 1,166 776 605 589 1,378 287 70 294 535 4.730 Bankers' acceptances Foreign commercial and industrial loans All other loans Total classified loans Total unclassified loans 3 . 527 29.341 78,325 Total commercial and industrial loans vj Preliminary. Final totals will appear in the F , R. Bulletin. * classified loans are as of May 20. 262 - - 9 14,277 810 1 ,382 2.910 1.646 2.873 in.413 3.078 5.254 2.814 Bank. of that Reserve a release San Francisco District final figures appear in
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