The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM (For Immediate Release) H.12 March 29, 1961 CHARGES IN COMMERCIAL AMD INDUSTRIAL LOANS BY INDUSTRY Commercial and industrial loans increased in most districts and a net of $29 million at weekly reporting member banks during the week ended March 22. tpiA principal net increases were $23 million in loans to the wholesale and retail trade and $28 million to "other" types of business concerns. The largest offsetting net decrease was $30 million in loans to manufacturers and producers of petroleum, coal, chemicals, and rubber products. 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 , March 22* emulative since year-end Dec. 28, i960 Dec. 30, 1959 to / to Mar. 22, 1961Mar. 23, i960 (in millions of dollars) —246 -304 - 3 +12 -30 +170 +123 +261 +15 + 9 + 97 + 62 - 37 +155 Trade—wholesale and retail Commodity dealers Public utilities and transportation Construction All other types of business +23 - 8 + 6 -152 + 5 -123 - 35 +169 -362 +254 - 58 + 12 + 5 Classified changes - net Unclassified changes - net +44 +156 - 60 +593 - 10 +29 + 96 +583 Set change in commercial and industrial loans 2/ Preliminary - 7 +28 +753 CHANGES IN COMMERCIAL AND ZHDOBORIAL LOANS OF A SAMPLE OP WBHELT REPORTING MEMBER BANKS BY 3MDUS3RYAHD FEDERAL RESERVE DISTOICT, WEEK ENDED WEDNESDAY, MARCH 22, 1961 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 San FranSt. Minne- Kansas Phila- Cleve- RichNew A H Dis- . tricts Jg/ Boston York delphia land mond Atlanta Chicago Louis apolis City Dallas elseo Jg/ (In millions of dollars) +1.9 —2.6 + .1 -1.4 - -3 + .4 - .1 +1.3 +5.9 +1.1 - .3 - -3 + .2 +1.5 -1.8 + .2 + ,7 + -5 - .2 +1*0 + .6 +3.3 +1.0 + .8 + .6 - -3 -2.1 - .1 + -7 + .2 +1.3 - .9 -1.8 + .1 —1.0 -1.7 + -3 + .1 - .5 .2 + .4 -1.5 + .3 - -5 + .4 -5.3 + .7 + -7 +1.0 - +13.7 -2.3 +3.2 +5.8 +1-3 + .6 -2.5 - .2 - .2 +10.1 -4.8 +33.2 -5.6 +4.4 +5-0 +5.9 +6.2 -5.3 -2.9 +1.0 + 7.3 -15.4 +1.8 - 5.2 - .4 - .4 +1.0 - -9 -4.2 + .3 +4.9 -1.0 + +29.0 -3.0 +28.0 -6=0 +4.0 +6.0 +5.0 +2.0 -5.0 +2.0 +11.5 - 3-0 +1.0 -5.9 +16.7 .9 -1.0 - .6 -29.7 +14.5 + 8.8 + .3 + .5 + .9 + 8.0 -29.1 + .1 + .9 Trade: Wholesale Retail >+23.4 j + .2 -1.6 Commodity dealers - 8.1 Public utilities (including transportation) - +2.7 - .1 - .7 - -9 + .4 +2.7 +2.1 + -7 - .2 + .7 + .3 +11.9 +10.0 - .1 -2.7 ** «2 + .4 -3-0 + .1 - 3.9 - .8 - .3 + 5-9 +1.2 + 5.2 + .6 Construction - 7.0 - .1 + .7 All other types of "business +28.1 -1.4 Net change in classified loans l/ +44.4 Unclassified changes - net Net change in commercial and industrial loans -2.3 +1.7 - .8 - .1 — — + .8 .1 Not .7 + 1.1 .7 (+3.o| - + avail- 1.1 .5 3.4 able .7 -12.0 + 8.0 -12.0 j>/ Preliminary; final, totals will appear in the F. R. Bulletin and San Francisco District 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 JO per cent of those of all commercial banks.
@FedFRASER