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OGVc
fOf

FEDERAL

&

statistical

RESERVE

release

e

.f*ALRBS*.

H. 12

For immediate release
May 8, 1968
COMMERCIAL AND INDUSTRIAL LOANS OUTSTANDING BY INDUSTRY

Commercial and industrial loans increased in seven districts and a net
of $137 million in weekly reporting large commercial banks during the week ended
May 1.
The principal net increases were $96 million in loans to retail trade,
$69 million to transportation, $45 million to rrall other" loans, and $40 million to
services.
The larger offsetting net decreases were $96 million in loans to
manufacturers of chemicals and rubber products, $57 million in bankers 1 acceptances,
and $54 million to the mining industry, which includes producers of petroleum and
natural gas.

Business of Borrower

Outstanding
Change From Week Ended
Dec. 27,
May 1,
* / Apr. 24, May 3,
1967
1968
1967
1968
*
(In millions of dollars)

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

12,012
1,732
4,613
1,759
1,830
2,078

+
+
+
+
+

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

10,226
2,323
2,144
1,535
2,451
1,773

- 95
- 10
+
3
+, 1
- 96
+
7

Mining (including crude petroleum &
natural gas)

4,709

- 54

Trade - total
Commodity dealers
Other wholesale
Retail

8,152
1,187
3,216
3,749

+
+
+

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

7,729
4,707
985
2,037

+128
+ 69
+ 21
+ 38

Construction

2,607

+

5

+

Services

5,314

+ 40

878

- 57

Bankers 1

acceptances

37
5
6
12
25
13

94
36
34
96

+
.

+

+
+

476
745
123
244
38
60

+

384
176
63
70
105
180

+

789

+
+
+
+

-

+
+
+
+

526
47
269
210

+
+

+
+

842
356
323
53
134
82

+

96
435
395
19
110
45

+

525

+

+

+

-

+
+

36
418
159
223

-

93
300
14
379

42

+

96

+

591

+

318

+

147

-

325

-

260

-

56

814

+

363

+
+
+
+

938
831
64
43

+

+

-

Foreign commercial & industrial loans

2,684

All other loans

7,046

+ 45

+

Total classified loans
Total unclassified loans

61,357
6.353

+143
- 6

+4 ,447
+
615

+1 ,730
+
162

Total commercial & industrial loans

67,710

+137

+5 ,062

+1 ,892

P/ Preliminary.




—

H.12(a)

COMMERCIAL AMD INDUSTRIAL LOANS OUTSTANDING AT A SAMPLE OF WEEKLY REPORTING
LARGE COMMERCIAL BANKS BY INDUSTRY AND FEDERAL RESERVE DISTRICT, WEEK ENDED May 1, 1968
(in millions of dollars)
Phila- Cleve- Rich- Atlanta Chicago
All Dis- Boston New
St.
Minne- Kansas
Business of Borrower
tricts
York
delphia land
mond
apolis
City
Louis
120
125
144
224
2,374
172
1,168
481
511
4,992
12,012
Durable goods manufacturing - total
3
33
5
267
53
266
15
11
1,732
48
899
Primary metals
30
43
36
1,007
32
58
410
148
4,613
2,057
214
Machinery
15
7
26
257
9
22
43
142
86
769
1,759
Transportation equipment
37
25
24
50
529
208
39
148
1,830
490
79
Other fabricated metal products
38
43
41
314
64
79
89
142
84
2,078
777
Other durable goods

Dallas
281
32
83
33
66
67

Francis cctE' *
1,420
100
495
350
135
340

10,226
2,323
2,144
1,535
2,451
1,773

476
95
162
15
102
102

4,762
850
1,124
637
1,399
752

424
59
139
53
84
89

576
84
50
133
185
124

360
60
198
8
48
46

327
83
126
22
48
48

1,570
497
170
287
330
286

203
74
41
8
39
41

137
55
12
17
15
38

119
50
10
23
22
14

220
40
23
72
40
45

1,052
376
89
260
139
188

Mining (including crude petroleum and
natural gas)

4,709

54

2,952

76

163

9

51

547

34

5

142

507

169

Trade - total
Commodity dealers
Other wholesale
Retail

8,152
1,187
3,216
3,749

668
79
268
321

2,661
495
1,071
1,095

424
32
149
243

378
10
178
190

427
63
155
209

471
38
206
227

1,091
117
492
482

210
42
67
101

181
52
47
82

316
31
99
186

268
46
110
112

1,057
182
374
501

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

7,729
4,707
985
2,037

282
124
16
142

3,958
2,370
588
1,000

280
154
32
94

380
223
42
115

267
153
53
61

258
180
17
61

948
579
82
287

184
120
14
50

106
56

40

\o

104
62
17
25

210
118
20
72

752
568
94
90

Construction

2,607

91

632

153

180

201

214

159

66

46

110

312

443

Services

5,314

451

1,660

376

345

171

262

551

155

131

112

267

833

878

27

398

29

70

9

3

95

5

1

29

212

Foreign commercial and industrial loans

2,684

32

1,863

116

63

4

13

249

2

9

1

25

307

All other loans

7,046

84

1,154

8

264

169

81

418

85

3

30

92

4,658

61,357
6,353

2,676
342

25,032
964

2,367
179

3,587 1,789
578
512

1,904
510

8,002 1,088
242
1,135

738
67

1,060
256

2,211
473

10,903
1,095

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

Bankers' acceptances

Total classified loans
Total unclassified loans

3,018 25,996
67,710
Total commercial and industrial loans
£/ Preliminary. Final totals will appear in the F. R. Bulletin.
*

Classified loans are as of April 24.




- -

2.684 11.998
805
1.316
2,414
9,137 1,330
4,165 2,301
2,546
San Francisco District final figures appear in a release of that Reserve Bank.

For immediate release
May 8, 1968
H. 12b

COMMERCIAL AND INDUSTRIAL TERM LOANS OUTSTANDING BY INDUSTRY

Total business term loans were $27,854 million, as of April. This was an
increase of $3,368 million over the comparable date a year ago and an increase of $503
million over the last Wednesday in March.
The principal
$77 million in loans to
this category since the
metals, and $64 million

changes increasing term loans during the month of April were
manufacturers of machinery, which was the highest increase in
series was started, $73 million to manufacturers of primary
to manufacturers of transportation equipment.

The total of all business term loans on April 24, represented approximately
46 percent of the total of business loans outstanding at large commercial banks
reporting in the series.

Business of Borrower

Percent of Term Loans Change From Month Ended
Total BusiApr. 24, Mar. 27, Apr. 26, Dec. 27,
ness Loans
1968
1968
1967
1967
(%)
(In millions of dollars)
+1,037
+
640
+
198
135
+
+
98
34

+
+
+
+
+

680
158

7
15
34
11

+
+
+
+
+
+

164
61
117
180

+
+
+
+
+

97
7
115
2

4,136

+189

+

761

+

565

23
9
20
31

1,853
110
624
1,119

+
+
+

55
5
39
21

+
+
+
+

207
14
122
71

+
+
+
+

87
3
48
36

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

61
75
42
37

4,630
3,495
404
731

+

13

+
+

+
+

+

8
21

+

612
556
16
72

+

129
152
39
16

Construction

28

737

+

31

+

32

+

55

Services

43

2,251

+

14

+

223

+

130

Foreign commercial & industrial loans

74

1,971

+

14

-

234

-

All other loans

13

877

46

27,854

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

51
69
48
54
39
48

6,056
1,185
2,231
953
696
991

+215
+ 73
+ 77
+ 64
+
4
3

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

52
35
26
81
65
61

5,343
813

-

562
1,249
1,647
1,072

+
+

Mining (including crude petroleum &
natural gas)

87

Trade - total
Commodity dealers
Other wholesale
Retail

Total term loans outstanding

£/ Preliminary.




-

+
-

-

26
63

— —

-

-

2

+503

-

+

50

+3 ,368

-

-

-

+

601
311
230
65
21
26
262
55

56
4

+1 ,777

H. 12(c)

COMMERCIAL A N D INDUSTRIAL TERM LOANS OUTSTANDING A T A SAMPLE OF WEEKLY REPORTING
LARGE COMMERCIAL BANKS BY INDUSTRY A N D F E D E R A L RESERVE DISTRICT, APRIL 24, 1968

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

225
18
113
59
16
19

New
York
2,977
693
1,149
468
232
435

Philadelphia
166
15
49
11
64
27

647
176
194
104
89
84

Boston

1

All Districts
6,056
1,185
2,231
953
696
991

If

Business of Borrower

Rich- jAtlanta Chicago
mond
70
52
1,230
9
4
199
12
17
509
10
144
7
14
8
207
25
16
171

St.
Louis
63
23
16
4
8
12

Minneapolis
$7
1
9
4
11
12

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

5,343
813
562
1,249
1,647
1,072

199
29
51
15
51
53

2,835
337
320
560
1,112
506

167
16
23
40
37
51

361
30
8
111
136
76

105
13
61
5
13
13

72
29
14
7
11
11

948
233
57
248
196
214

80
16
14
6
24
20

46
20
4
10

Mining (including crude, petroleum and
natural gas)

4,136

28

2,786

43

145

4

36

519

Trade - total
Commodity dealers
Other wholesale
Retail

1,853
110
624
1,119

176
1
48
127

707
54
186
467

98
8
24
66

107
2
47
58

51
5
23
23

88
3
37
48

Transportation, communication, & other
public utilities
Transportation
Conmrani cation
Other public utilities

4,630
3,495
404
731

114
66
12
36

2,683
2,010
237
436

111
71
20
20

214
156
26
32

131
94
12
25

737

17

231

30

68

Services

2,251

175

839

189

Foreign commercial and industrial loans

1,971

21

1,482

877

18

27,854

973

Construction

All other loans
Total term loans outstanding




Kansas
City
46
l
7
7
10
21

Dallas
86
10
25
8
16
27

San
Francisco
457
36
131
127
21
142

12

26
5
1
10
5
5

101
13
2
45
18
23

403
72
7
192
44
88

26

4

90

352

103

289
12
131
146

36
1
14
21

29
7
9
13

56
4
18
34

33
2
14
17

183
11
73
99

108
101
1
6

587
456
27
104

122
110
5
7

61
42
5
14

45
38
6
1

137
88
13
36

317
263
40
14

23

54

43

10

4

24

103

130

168

51

95

293

48

29

45

67

252

28

52

1

—

190

5

—

13

179

588

2

31

17

10

41

24

2

11

33

100

15,128

834

1,793

453

515

4,140

409

217

343

925

2,124