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-voSS^V.-

F E D E R A L
statistical

R E S E R V E
release
For immediate release
March 11, 1970

H. 12

COMMERCIAL AND INDUSTRIAL LOANS OUTSTANDING BY INDUSTRY
Commercial and industrial loans increased a net of $330 million at weekly
reporting large commercial banks during the week ended March 4.
The principal net increases were $74 million in loans to manufacturers of
machinery, $61 million in bankers' acceptances, and $140 million to unclassified
borrowers.
The larger offsetting net decreases were $49 million in loans to the mining
industry, which includes producers of petroleum and natural gas, and $48 million to
"other" public utilities.

Business of Borrower

Change From Week Ended
Outstanding
Dec. 31,
Feb. 25, Mar. 5,
Mar. 4,
*
1969
1969
1970
p/ 1970
(In millions of dollars)

Durable goods manufacturing - total
Primary metals
Machinery
Transportation equipment
Other fabricated metal products
Other durable goods

15,239
2,005
5,932
2,753
2,116
2,433

+146
- 4
+ 74
+ 12
+ 49
+ 15

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

11,828
2,885
2,432
1,547
2,898
2,066

+ 65
+ 4
+ 13
+ 5
+ 44

Mining (including crude petroleum &
natural gas)

4,385

Trade - total
Commodity dealers
Other wholesale
Retail

8,608
1,089
3,400
4,119

Transportation, communication, and
other public utilities - total
Transportation
Communication
Other public utilities

9,997
5,558
1,346
3,093

Construction
Services

-

1

-

49

+2 ,319
54
+1 ,135
+ 679
+ 201
+ 250

+

+1 ,028
456
74
350
+ 514
+ 334

+
+

-

+ 16

591

26
2
+ 44

+

136
298
70
232

-

55
5
2
48

+
+
+
+

875
287
169
419

3,050

-

2

+

6,848

-

5

571

Foreign commercial & industrial loans
All other loans

Bankers' acceptances

-

-

+
-

+
+
+
-

78
80
6
121
113
82

-

409
368
95
171
53
18

-

452

-

+
-

+

-

-

331
101
169
61

-

843
178
193
472

8

-

92

+

408

-

172

+ 61

+

1

137

2,183

+ 16

-

381

55

4,700

-

+

828

-

3

-

-

245

Total classified loans
Total unclassified loans

67,409
11,136

+190
+140

+4,359
18

-2,658
- 288

Total commercial & industrial loans

78,545

+330

+4,341

-2,946

P/ Preliminary.


San Francisco District classified loans are as of February 25.


H. 12(a)

COMMERCIAL AND INDUSTRIAL LOANS OUTSTANDING AT A SAMPLE OF WEEKLY REPORTING
LARGE COMMERCIAL BANKS BY INDUSTRY AND FEDERAL RESERVE DISTRICT, WEEK ENDED MARCH 4, 1970
(in millions of dollars)
'
All Dis- Boston New
Phila- Cleve- Rich- Atlanta Chicago
St.
Minne- Kansas
Business of Borrower
tricts
York
delphia land
mond
Louis
apolis
City
Durable goods manufacturing - total
605
6,229
603 1,547
280
15,239
249
2,984
175
130
136
Primary metals
2,005
46
950
64
329
25
378
13
32
3
6
Machinery
5,932
289
2,573
207
540
78
69
1,204
33
47
47
Transportation equipment
103
1,292
73
2,753
23
244
416
10
6
41
15
Other fabricated metal products
82
136
2,116
565
242
73
30
44
607
33
44
Other durable goods
2,433
85
123
849
192
91
72
379
56
38
41
Nondurable goods manufacturing - total
11,828
651
522
475
406
5,541
1,672
391
299
164
132
Food, liquor, and tobacco
2,885
118
1,001
102
81
110
99
574
84
90
55
Textiles, apparel, and leather
2 , 432
'
284
1,192
150
49
198
206
117
78
19
15
Petroleum refining
24
37
24
216
1,547
824
47
11
22
8
19
Chemicals and rubber
103
2,898
1,680
126
186
370
42
75
56
18
23
Other nondurable goods
2,066
122
844
110
91
74
65
306
20
29
59

349
33
113
51
69
83

San
FranciscoE/
1,952
126
732
479
191
424

251
67
30
56
51
47

1,324
504
94
259
168
299

Dallas

Mining (including crude petroleum and
natural gas)

4,385

72

2,627

80

289

7

65

479

29

10

119

444

164

Trade - total
Commodity dealers
Other wholesale
Retail

8,608
1,089
3,400
4,119

600
53
255
292

2,792
472
1,129
1,191

454
53
158
243

481
10
206
265

456
49
169
238

523
32
233
258

1,112
101
504
507

275
57
78
140

137
32
33
72

273
33
80
160

323
51
113
159

1,182
146
442
594

Transportation, communication, & other
public utilities
Transportation
Communication
Other public utilities

9,997
5,558
1,346
3,093

405
163
36
206

4,863
2,621
571
1,671

273
154
53
66

635
315
71
249

349
173
94
82

315
213
21
81

1,289
720
153
416

230
147
28
55

86
59
7
20

122
66
23
33

248
131
56
61

1,182
796
233
153

Construction

3,050

91

771

211

199

200

212

217

96

56

102

393

502

Services

6,848

420

2,186

568

358

199

333

678

203

118

145

284

1,356

571

9

265

25

12

2

6

82

1

1

31

137

Foreign commercial and industrial loans

2,183

31

1,634

53

20

14

20

190

23

188

All other loans

4,700

123

1,818

8

483

258

109

339

67,409

3,007

28,726

2,797

4,499

2,140

2,254

11,136

433

1,078

229

744

578

578

3,440 29,804
78,545
Total commercial and industrial loans
2/ Preliminary. Final totals will appear in the F. R. Bulletin.

3.026

Bankers' acceptances

Total classified loans
Total unclassified loans

*

Classified loans are as of February 25.




—

10

- -

118

11

39

119

1,275

9,042

1,426

722

1,069

2,465

9,262

1,320

287

72

287

529

5,001

- -

5.243 2.718
2.832 10.362 1.713
794
2.994
1.356
14.263
San Francisco District final figures appear in a release of that Reserve Bank.

For immediate release

March 11, 1970
H.12b

COMMERCIAL AND INDUSTRIAL TERM LOANS OUTSTANDING BY INDUSTRY
-

Total business term loans were $31,996 million as of February. This
was an increase of $1,514 million over the comparable data a year ago and a
decrease of $252 million from the last Wednesday in January.
The principal changes in term loans during February were decreases of
$159 million in loans to the mining industry, which includes producers of petroleum and natural gas, $76 million to petroleum refiners, and $74 million to
"other" public utilities.
The total of all business term loans on February 25, represented
approximately 48 per cent of total of business loans outstanding at large
commercial banks reporting in the series.

Business of Borrower

Percent of Term Loans Change From Month Endec
Total Busi- Feb. 25,
Jan 28, Feb 26, Dec 3
ness Loans
1970
1970
1969
1969
(%)
(In millions of dollars)

Durable goods manufacturing - total
Primary metals
Machinery
Transportation equipment
Other fabricated metal products
Other durable goods

50
71
47
56
36
47

7,607
1,420
2,748
1,544
754
1,141

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

50
33
30
80
66
54

5,923
952
721
1,234
1,896
1,120

Mining (including crude petroleum &
natural gas)

85

Trade - total
Commodity dealers
Other wholesale
Retail

+ 37
8
+ 62
10
3
4

.

2

+1 ,117
+
64
+ 510
+ 408
+
45
+
90

+
-

+
+
+

- 79
- 1
+ 8
-122
+ 67
- 31

49
56
1
43
7
28

- 13

+
+

474
267
89
302
325
95

3,757

-159

-

598

-333

23
7
20
30

2,010
81
693
1,236

+

+

+
+

2
9
7
4

+
+

117
31
61
87

- 4
+ 2
- 13
+ 7

Transportation, communication, and
other public utilities - total
Transportation
Communication
Other public utilities

60
77
35
40

6,007
4,291
472
1,244

-134
52
8
74

+
+
+
+

376
319
43
14

-242
-123
- 26
- 93

Construction

29

899

+

6

+

11

Services

43

2,971

+ 35

+

148

- 20

Foreign commercial & industrial loans

75

1,627

-

18

-

258

- 15

All c.her loans

25

1,195

-

19

+

127

- 46

48

31,996

+1, 514

-793

Total term loans outstanding

£/ Preliminary.




+ 10
+ 13
76

+ 64

-252

-

5

H. 12(c)

COMMERCIAL AND INDUSTRIAL TERM LOANS OUTSTANDING AT A SAMPLE OF WEEKLY REPORTING
LARGE COMMERCIAL BANKS BY INDUSTRY AND FEDERAL RESERVE DISTRICT, FEBRUARY 25, 1970
(in pii"iions of dollars)
St.
MinnePhila- Cleve- Rich- Atlanta Chicago
All Dis- Boston New
Business of Borrower
apolis
mond
Louis
delphia land
tricts
York
41
1,507
91
845
78
158
89
3,733
272
7,607
Durable goods manufacturing - total
2
28
5
301
228
7
Primary metals
14
22
739
1,420
13
21
Machinery
542
248
27
27
56
1,463
139
2,748
Transportation equipment
8
208
4
10
13
20
154
62
821
1,544
Other fabricated metal products
13
239
8
15
101
14
36
21
261
754
21
14
33
16
217
Other durable goods
32
114
28
449
1,141

Kansas
City
40
- -

6
8
8
18

11
4
11

380
80
8
127
70
95

5

68

281

107

29
1
8
20

28
2
12
14

42
1
14
27

43
1
19
23

190
15
87
88

864
612
51
201

140
129
4
7

68
53
4
11

55
47
6
2

137
92
14
31

429
368
46
15

59

67

21

9

23

132

116

47

109

373

67

21

54

61

378

- -

4

119

4

- -

12

124

107

15

112

41

4

10

40

106

746

679

4,825

541

239

323

901

2,488

5,923
952
721
1,234
1,896
1,120

260
38
74
20
52
76

3,230
366
367
746
1,260
491

171
19
34
19
48
51

258
35
13
42
112
56

183
37
84
6
18
38

99
30
14
11
25
19

1,027
281
106
189
246
205

125
21
13
20
36
35

59
25
4
6
7
17

31
5

Mining (including crude petroleum and
natural gas)

3,757

60

2,411

46

256

5

33

458

27

Trade - total
Commodity dealers
Other wholesale
Retail

2,010
81
693
1,236

121
1
40
80

750
34
222
494

111
8
31
72

180
2
64
114

96
6
34
56

122
1
51
70

298
9
111
178

Transportation, communication, & other
public utilities
Transportation
Communication
Other public utilities

6,007
4,291
472
1,244

151
116
12
23

3,391
2,325
244
822

95
68
22
5

324
219
25
80

193
113
41
39

160
149
3
8

899

12

293

52

89

26

Services

2,971

223

1,165

289

184

Foreign commercial and industrial loans

1,627

15

1,307

27

15

All other loans

1,195

1

621

1

137

31,996

1,115

16,901

950

2,288

Total term loans outstanding



95
12
24
13
14
32

San
.
Francis cd-v
658
62
182
223
24
167

100
15
4
37
18
26

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

Construction

Dallas

— —