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F E D E R A L
statistic

R E S E R V E

release
For immediate release
May 2, 1962

H.12

CHANGES IN COMMERCIAL AND INDUSTRIAL LOANS BY INDUSTRY

Commercial and industrial loans decreased in most districts and a net of $209
million at weekly reporting member banks during the week ended April 25.

The principal net decreases were j > 0 million in loans to manufacturers of food, ;
j8
liquor, and tobacco products, $65 million to transportation, communication, and other
public utilities, $25 million to retail trade, $16 million to manufacturers of textiles,
apparel, and leather products, and $14 million each to manufacturers of machinery and
to manufacturers of chemicals and rubber products.
Changes in loans during the week and since year-end are shown below; third
column shows the changes during the comparable period last year.

Business of Borrower
Durable goods manufacturing:
Primary metals
Machinery
Transportation equipment
Other fabricated metal products
Other durable goods

Cumulative since year-end
Week
Dec. 27, I96I Dec.20, i960
ended .
to
.
to
Apr. 25£/
Apr. 25,1962 VAvr. 26. IQ61
(In millions of dollars)
+ 5
- 14
+
-

1
1

49)
49)
38)
59)
23

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

+

80
16
1
i4
3

-489
+254
- 45)
+ 53)
+ 20

1/ n.a.

Mining, including crude petroleum
and natural gas

-

2

+195

1/+ 99

+ 10)

- 99

-153
-205

Trade: Commodity dealers
Other wholesale
Retail

- 10

+

1

6

- 25

+ 46)

1/-102
l/n.a.
-412
+137
1/+139

Transportation, communication, and
other public utilities
Construction
All other types of business,
mainly services

- 65
+ 4

-429
+ 63

-251
- 21

-12

+ 76

+298

Net change in classified loans
Unclassified changes - net

-232
+ 23

-227
+ 85

-471
+ 50

Net change in commercial and
industrial loans

-209

-142

-421

p/ Preliminary.
n.a. - Not available.
1/ Because of reclassifications as of September 27, 1961, many categories are not
strictly comparable with prior data; cumulative changes shown for other durable
and other nondurable are from September 20, 1961.




H.12(a)

CHANGES IN COMMERCIAL AND INDUSTRIAL LOANS OF A SAMPLE OF WEEKLY REPORTING MEMBER BANKS
BY INDUSTRY AND FEDERAL RESERVE DISTRICT, WEEK ENDED WEDNESDAY, APRIL 25, 1962
All DisNew Phila- Cleve- RichSt. Minne- Kansas
San FranBusiness of Borrower
tricts p/ Boston York delphia land mond Atlanta Chicago Louis apolis City Dallas cisco p/
(In millions of dollars"}
Durable goods manufacturing:
Primary metals
4.5
.6 + .2 + .3
.8
+ 3.8
+1.5
+ .1
Machinery
13.5 - 1.9 - 3-7 + -9 - .3
+ .1
3-8 - .1
- .1
+ .2
4.8
Transportation equipment
- .8 - .1 + .2
9-9 - 1.4 - 6.2
1.4
+
- .2
.1
- .1
Other fabricated metal products
1.1 - .2 - 1.8
+ 1-9
- 1.7 + 1.1
+1.2
+ .2
+
.6
- .2
Other durable goods
.3 - -3 + .4 - + .1 +1.5
•5 + .4 +
- .8 -1.6
+ .1 - .1
+ .2
- •7
— —

— —

mm mm

-

mm w

-

— —

— —

-

—

*

—

— -

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

+ 2.8

Mining, including crude petroleum
and natural gas

- 2.3

.1 - 1.1

Commodity dealers
Other wholesale
Retail

+
-9
- 6.1
- 24.7

.2 +12.9 +2.8
. - 4.2 - -5 8

Transportation, communication, and
other public utilities

Trade:

- 80.4
- 15-5
-9
- 13.8

.4
5.8
•5
•3
.4

- 47.5
- 6.7
.2
-10.9
+ 2.6

—1.6 - 1-5
- .6 + .4
+ .1
- -9 - 4.6
+ .4 - .4
— —

5-2 - -9
-1.9
- .4
+ 1.1 - • 1
- .1
— -

—

—

- -5

— «•

-11.4
•5
.2
2.6
1.1

+
+
+
+

-

.6 .

-3.8
-2.8
+ .2
+ .1
- .1
--

-3.0 - .1
+2.0 + .1
+1.1
- .2 + .2
- "9 - .1

-2.1
- .4
- .4
- -3

2.9
•3
1.0
•5
+
•7

+1.1

- .4

+

w

mm

— —

•7 -16.2 + -3 +

-3
-3

.8 -1.4
- 1.0 -1.4
+ 1.8 +1.2

6.8
+ •9
- 9-1

-3-9
- -3
+ .8

- -5 - .8
- .2 +2.0
+ .8 - .8

-6.%
+ .6
- .1

- 65.O

- 47.5 +1.0 +

.2

- 1.8

-2.7

- 8.9

- *7

+ .1 -2.6

+ .5

Construction

+ 3.7

- 1.3 + .1 - 1.2

.6 - .6

1-7

+ .2

+ .3 +1.8

. +1.8

All other types of business,
mainly services

- 12.1

a. -12.1 + .6 - 1*5

Net change in classified loansl/

-231.7

-144.2 +2.4 -12.6

Unclassified changes - net

+ 22.7

-

Net change in commercial and
industrial loans

-209.0

-145.0

— —

.8 -2.4 + 4.6
- 8.0

—

+

-

•7

5-9
.9
- 3-0

•

-

-

3-5
.2

2.1
-

- .8

2.7

+3.7

- .8 + .3

+1.2

+ 3-4

6,3

-7.8

-37.4

-7.1

- .7 +1.9

-6.1

-

4.0

- 5-7 - • 2

+

6.4

- .9

+ .7 +2.1

+ .1

+19.O

-12.0 -8.0

-31.0

-8.0

+4.0

—6.0

+15.O

1/ About 200 weekly reporting member banks are reporting changes in their larger loans as to industry; these banks hold about 95 per cent
and industrial loans of all weekly reporting member banks and about 70 per cent of those of *11 commercial banks.


of total commercial