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BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
H.12

(For Immediate Release)

March 30, i960

CHAHGES IB COMMERCIAL AMD IKDUSTRIAL LOAMS BY IHDUSBIY
Commercial and industrial loans decreased in most districts and a net of
$22 million at all reporting member "banks during the week ended March 23 • The
principal net decreases were $26 million in loans to public utilities, $21 million
to manufacturers of food, liquor, and tobacco products, $20 million to manufacturers
and producers of petroleum, coal, chemicals, and rubber products, and $17 million to
commodity dealers.
The larger offsetting net increases were $44 million in loans to manufacturers of metals and metal products and $20 million to the wholesale and retail
trade.
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
Mar. 23SJ
-

21
--

+ 44

Cumulative since year-end
Dec. 30, 1959
Dec. 31, 1958
to
to
Mar. 23, 1960B/
Mar. 2$, 1959
(in millions of dollars)
~

-298
+261
+746

-268
+129
+493

+ 9

20

- 37
+153

- 77
+ 95

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

+ 20
17

+165

+ 92
-176
-210

-

12

-357
- 59
+ 11
+ 15

+ 4
- 97

Classified changes - net
Unclassified changes - net

25
+ 3

+600
- 11

- i4
- 65

Net change in commercial and
industrial loans

- 22

+589

- 79

-

-

26
3

2/ Preliminary
Note: 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 IN COMMERCIAL AND INDUSTRIAL LOADS OF A SAMPLE OP WEEKLY REPORTING MEMBER BANKS
BY INDUSTRY AND FEDERAL RESERVE DISTRICT,
WEEK ENDED WEDNESDAY, MARCH 2% 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

St. Minne- Kansas
San FranNew Phila- Cleve- RichAll DisBoston York delphia land mond Atlanta Chicago Louis apolis City Dallas cisco Jg/
tricts jg/
(In millions of dollars)
-2.4

—4 ol
+1.4

4 e4
>
4 .4
*

+3.3
-3 «l

-2.5
+ .4

- .2
+ .1

+ .6

- .9

- .9

—2.4
-1.4

+1.9
-3.7
+1.6

+8.9
4 <2
* >
+2.8

-1.6
+ .8
- .6

+ .6
4 ol
-

+ 4.9

+ .5
- .4
- °3

+1.4
- .1
-3-5

- .3
- .4
+ .7

- .2
-2.5
+2.1

—1 »1
— .2

-21.3
- .1

-1.7
- °9

+ 5 °1

-15.8

+3«8
+1.1

+44.0
-19.7
+ 9.3

+5.3
+ .6
- ol

+21.7
—10.1
+ 5.0

-1.8

- -

4.0
4 2.4
-

+ .1

Trade:
Wholesale
Retail

- »9

-5.6

+ 1.6
+ 6.7

0
0

+19.9

»3
—1®3

— e>
f
4 1 e©
*

+ ©8
4 ®6
*

—1 »0
4 1 ol
*

*
4 »6 4*108 4 08 4 »2 (
*
*
\
4 7 08 4=1*% 4 «9
*
*
(~

Commodity dealers

-16.7

+ .4

-If .6

- .2

-

— ®8

+ ol

4 I06
*

-3«1

Public utilities (including transportation)

"26 eO

- .6

-11.6

+ 06

- 2 »7

+ o2

+1*1

— 7 06

4 o2
*

Construction

- 3.2

+ el

— 2.6

+ -3

- »3

.4

+ 2.2

All other types of business

-11.3

- 06

- W

-1.2

+ .9

+1.8

,1

Net change in classified loans l/

-25.3

—4.0

—19 »1

+2.6

+7.3

-2.4

Unclassified changes - net

+ 3.3

—3»o

— 4.9

-1.6

+1.7

Net change in ecnmereial and
industrial loans

-22.0

-7.0

-24.0

+1.0

+9.0

- .8

- ) 4 «7
3
*
) +3-8

-3

-2.7

+1.0

+2.9

——

-1.1

-1.8

-2.7

+ .1

- .9

-1.1

-lo .3

—

+ -3

- .8

+1.3

+ .7

-1.2

— 1.6

+ .4

—1«2

-5.6

+ .3

- .8

+1.4

-3.8

+ 7 °6

-1.4

+ .2 +3.6

- .3

+3*8

-1.0

-5.0

+ 6.0

-1.0

-1.0

--

4*3*0

-2 ©0

- .3

jg/ Preliminary; final totals will appear in the F. R. Bulletin and San Franeiseto District final figures appear in a release of the Reserve Bank.
l/ About 210 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 75 per cent of those of all commercial banks.