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F E D E R A L statistical R E S E R V E release For immediate release May 31, 19b2 CHANGES IN COMMERCIAL AND INDUSTRIAL LOANS BY INDUSTRY H.12 Commercial and industrial loans decreased in all but two districts and a net of $l4$ million at weekly reporting member banks during the week ended May 2 3 . The principal net decreases were $4l million in loans to manufacturers of food, liquor, and tobacco products, $35 million to commodity dealers, $26 million to manufacturers of textiles, apparel, and leather products, $23 million to manufacturers of primary metals, and $20 million to transportation, communication, and other public utilities. The largest offsetting net increase was $24 million in loans to "all other" types of business concerns. 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. 2 7 , 19SI 196I Dec. 28, i 9 6 0 ended . to . to May 23 £/ May 23, 1962 P/ May 2k, 1961 (in millions of dollars) 23 3 1 5 Nondurable goods manufacturing: Food, liquor, and tobacco Textiles, apparel, and leather Petroleum refining Chemicals and rubber Other nondurable goods 41 26 3 11 2 Mining, including crude petroleum and natural gas Trade: Commodity dealers Other wholesale Retail 35 6 Net. change in classified loans Unclassified changes - net 2/ Preliminary. 1/-146 + 73 l/ n.a. -541 • +273 - 52) + 72) +104 +156 l/+ 90 l/ n.a. +202 1/+108 -191 -234 + 86) + 6) + 74) Transportation, communication, and other public utilities Construction All other types of business, mainly services Net change in commercial and industrial loans -156 + 71 + 50) -483 -156 5 -482 +153 -331 + 27 + 24 +148 +299 -145 -111 +169 -669 + 99 -145 + 58 -570 - 20 + n.a. - Not available. l/ Because of reclassifications as of September 27, 1961, many categories are not strictly comparable with prior data. • 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, MAY 23, 1962 All DisNew Phila- Cleve- I RichSt. Minne- Kansas San FranBusiness of Borrower tricts p/ Boston York delphia land ] mond Atlanta Chicago Louis apolis City Dallas cisco 2/ (In millions of dollars) Durable goods manufacturing: Primary metals -18.4 + .4 - 22.5 + .4 + .1 - 4.3 -- +1.7 - 1.3 -1.4 + .4 + .1 - .2 Machinery + 3.4 - 2.5 -2.7 + -3 - .6 - .8 — + .5 - -5 -1.1 . 1 — .2 - "7 - 1.4 - -5 + 2.4 Transportation equipment - .1 - 1.5 + l . l -2.9 8 + .1 - .1 - .4 + 1 . 3 Other fabricated metal products - 4.5 -1.4 + -7 +3.3 — 1.4 — . 3 — .4 —— - 1 -1.0 -2.1 - 1-3 - -5 .1 - .8 + 1.8 Other durable goods + • 5 — .6 —l.o + 2.4 -3.1 + .1 — .2 + 1.3 - .5 Nondurable goods manufacturing: Food, liquor, and tobacco Textiles, apparel, and leather Petroleum refining Chemicals and rubber Other nondurable goods - 40.5 - 25.5 - 3.2 - 11.3 - 1.6 Mining, including crude petroleum and natural gas + Trade: Commodity dealers Other wholesale Retail - .1 -1.4 -21.4 -19.3 + 1.0 -9.9 + .7 - -5 -1.4 + .2 -1.0 +1.1 + .6 - .1 - 3^.7 -2-7 - 5-7 +4.3 + .2 + .4 -13.7 -6.0 - 8.7 -3.9 -1.9 + -9 - 1 •]» " 1-9 - .4 + 1.2 + .4 + -5 - 1.3 - .4 - .2 - .2 - 2.7 + 2.0 -3.1 - .9 +1.4 +1.0 - 1.6 -1-5 2 -2.0 - 4.3 +1.4 -3 - .4 - -7 — — - .4 - 5.5 +1.2 .6 - .2 - .4 - 4.8 - .1 - -5 - .2 .2 + 1 w mm - 6.3 + 9 -2.7 + 1.9 .9 - -3 -2.7 - *3 — -2.6 + .2 -1.9 - .2 - .1 -2.8 + .2 + .6 + .2 + -5 + - + .2 - -7 - 1-3 +1.6 —l. 6 - .9 - .1 -1.6 + *3 +1.8 - 2.4 - .4 + .2: -2.1 + 4 +4.2 - .2 - .1 + .5 +1.6 + .2 + -9 +1.0 -3, .1 .k .9 .2: -1.5 - .7 +2.7 -1-5 Transportation, communication, and other public utilities - 20.3 —2.6 -16.0 +1.1 + .2 Construction + 4.6 + -3 + 2.8 +3-2 - -7 + All other types of business, mainly services + 21.7 +1.8 +12.5 - -3 - 4.6 - 2.7 - -2 -2.8 +4.0 +1.1 +1.0 +12.8 +1.1 -145-0 -6.1 -87.5 -1.8 -19.7 -11.7 -2.7 -16.9 -2.5 -8.9 -2.6 + 9-2 +6.2 +1.1 +1.5 - .2 - 4.3 - 3-3 + -7 + + -5 + -9 +1.6 + - .2 -5.0 -86.0 -2.0 -24.0 -15.0 —2 • 0 -8.0 Net change in classified loansl/ Unclassified changes - net Net change in commercial and industrial loans -145.0 - l.l -2.0 9 -16.0 . -1.0 .8 +10.0 +6.0 p/ Preliminary; final totals will appear in the F. R. Bulletin and Sari Francisco District final figures appear in a release of the Reserve Bank. 1/ 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 70 per cent of those of all commercial banks.
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