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FEDERAL

RESERVE

statistical

release
For immediate release
November 10, 1971

COMMERCIAL AND INDUSTRIAL LOANS OUTSTANDING BY INDUSTRY
Commercial and industrial loans increased a net of $100 million at weekly
reporting large commercial banks during the week ended November 3.
The principal net increases were $124 million in loans to "other" public
utilities, and $85 million to communications.
The larger offsetting net decreases were $93 million in loans to mining
(including petroleum and natural gas), and $72 million to chemical and rubber
products.
Outstanding

Change From Week Ended
Oct. 27, Nov. 4,
June 30,
B/*
1971
1970
1971
(In millions of dollars)

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

14,139
2,183
4,695
2,697
1,853
2,711

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

10,645
2,744
2,465
1,119
2,444
1,873

Mining (including crude petroleum &
natural gas)
Trade - total
Commodity dealers
Other wholesale
Retail

-

+
-

67
23
35
•

-

+
-

+

3,766

-

-1,273
+
65
906
200
209
23
-

mm

•

29
26
96
18
11
37
72
6

-

+
-

-

1,135
134
558
26
293
124

780
144
185
346
223
170

+

122
349
141
58
423
35

+
+

93

-

354

+

119

+
+
+
+

897
243
593
61

+
+
+
+

783
255
371
157

+

+
+

59
380
115
554
168

10,349
1,399
4,330
4,620

+

52
46
23
29

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

9,835
5,617
1,450
2,768

+
+
+
+

229
20
85
124

+
+

83
212
210
85

Construction

3,823

+

43

+

549

+

Services

7,594

-

2

+

423

-

Bankers' acceptances

1,716

+

56

+

753

+

577

Foreign commercial & industrial loans

2,936

-

17

+

637

+

288

All other loans

5,380

-

9

+

759

+

499

+
+
-

-

57

Total classified loans
Total unclassified loans

70,183
12,987

+
+

96
4

+1,694
+1, 157

+1 ,179
731

Total commercial & industrial loans

83,170

+

100

+2,851

+

P/ Preliminary.

* San
Francisco District


classified loans are as of October 27.

448

H. 12(a)

COMMERCIAL AND INDUSTRIAL LOANS OUTSTANDING AT A SAMPLE OF WEEKLY REPORTING
LARGE COMMERCIAL BANKS BY INDUSTRY AND FEDERAL RESERVE DISTRICT, WEEK ENDED November 3, 1971

Durable goods manufacturing - total
Primary metals
MachineryTransportation equipment
Other fabricated metal products
Other durable goods
Nondurable goods manufacturing - total
Food, liquor, and tobacco
Textiles, apparel, and leather
Petroleum refining
Chemicals and rubber
Other nondurable goods

All Dis- Boston| New
Phi1htricts
York delphia|
14,139
610
5,829
642 1,278
2,183
45
1,023
81
304
4,695
264
2,077
147
372
2,697
75
1,289 • 100 218
1,853
97
470
161
209
2,711
129
970
153
175

S

If

Business of Borrower

Rich- Atlanta Chicago St.
Minne- Kansas 1Dallas
mond
Louis apolis City 1
(Francisco^/^
276
274 2,605
186
164
132
401
1,842
27
34
375
42
13
6
42
191
79
68
946
33
58
28
90
533
28
52
396
19
7
14
29
470
59
60
453
26
29
46
61
182
83
60
435
66
57
38
79
466
382
374 1,574
204
123
117
256
1,075
64
108
499
79
50
61
41
557
205
126
218
49
18
13
39
110
12
21
215
10
14
26
50
156
53
46
295
17
12
16
50
127
48
73
347
49
29
21
56
125

10,645
2,744
2,465
1,119
2,444
1,873

602
96
281
22
81
122

5,066
1,046
1,204
519
1,514
783

492
72
150
37
109
124

380
71
52
37
124
96

3,766
10,349
1,399 .
4,330
4,620

41
659
36
276
347

2,089
3,532
672
1,540
1,320

61
583
78
220
285

181
562
15
247
300

8
606
83
251
272

54
518
31
250
237

434
1,280
138
539
603

17
340
82
115
143

11
188
50
57
81

128
299
31
113
155

438
357
48
148

447
157
39
251
101

4,984
2,826
641
1,517
1,040

294
148
73
73
245

522
267
79
176
297

382
165
84
133
284

Services

317
215
28
74
179

1,103
637
152
314
340

210
140
41
29
143

93
54
14
25
102

115
65
31
19
100

259
143
58
58
389

1,109
800

Construction

9,835
5,617
1,450
2,768
3,823
7,594

441

2,357

725

359

254

336

804

209

Bankers' acceptances

159

209

1,716

310

29

1,431

660

100

200

4

9

376

Foreign commercial and industrial loans

13

2,936

12

60

73

1,963

244

72

98

37

29

442

3

All other loans

9

5,380

144

50

2,022

160

19

380

350

170

544

89

11

70,183
12,987
83,170

174

3,147
512

29,542
1,082

1.434

3,233 4,257
298
807

2,583
713

2,260 9,502
721 1.677
2,981 11.179

1,414
316
1f7^n

Mining (including crude petroleum and
natural gas)
Trade - total
Commodity dealers
Other wholesale
Retail
Transportation, communication, & other
public utilities
Transportation
Communication
Other public utilities

Total classified loans
Total unclassified loans

Total commercial and industrial loans
3,659 30,624
jd/ Preliminary. Final totals will appear in the F. R. Bulletin.
* Classified loans are as of October 27.




— —

43

161

304
1,425
135
574
716

210

99
603

860
1,155 2,603
9,627
52
363
602
5.844
3,531 5,064
3,296
912
1,518 3.205
15.471
San Francisco District final figures appear in a release of that Reserve Bank.

For immediate release
November 10, 1971
H.12b

COMMERCIAL AND INDUSTRIAL TERM LOANS OUTSTANDING BY INDUSTRY

Total business term loans were $32,369 million as of October. This was
an increase of $148 million over the comparable data a year ago and a decrease of
$66 million from the last Wednesday in September.
The principal net changes in term loans during October were $131 million
in loans to manufacturers of chemical and rubber products, $87 million to the
mining industry (including petroleum and natural gas) and $127 million to transportation.
The total of all business term loans on October 27 represented
approximately 47 percent of 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 Busi- Oct. 27, Sept. 29, Oct. 28, June 30,
ness Loans
1971
1971
1970
1971
(%)
(In millions of dollars)

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

53
69
5260
40
44

7,547
1,496
2,478
1,626
744
1,203

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

48
36
24
78
66
56

5,169
975
585
900
1,661
1,048

Mining (including crude petroleum &
natural gas)

78

Trade - total
Commodity dealers
Other wholesale
Retail

—
-

-

137
29
3
63
32
10

•
•

-

+

401
65
346
6 +
44
60 -

214
104
59
62
78
35

629
23
135
315 +
28
128 +

138
11
12
23
164
26

•

+

93
13
22
43
131
30

-

3,023

+

87

-

402 +

25

24
9
20
32

2,466
116
868
1,482

+
+
+
+

28
7
16
5

+
+
+
+

242 +
44 +
105
93 +

33
20
10
23

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

64
80
31
49

6,183
4,461
418
1,304

+

+

98
127
2
31

+
+

301 16 31 286 +

30
187
51
208

Construction

33

1,245

+

48

+

280 +

60

Services

45

3,408

+

51

+

350 +

150

Foreign commercial & industrial loans

66

1,940

+

48

+

328 +

48

All other loans

26

1,388

—

+

79 +

74

47

32,369

66

+

148 +

8

Total term loans outstanding
p/ Preliminary.




—
-

+
-

-

-

• -

—
-

-

$

H. 12(c)

COMMERCIAL AND INDUSTRIAL TERM LOANS OUTSTANDING AT A SAMPLE OF WEEKLY REPORTING
LARGE COMMERCIAL BANKS BY INDUSTRY AND FEDERAL RESERVE DISTRICT, OCTOBER 27, 1971
(in millions of dollars)
^
St.
MinneAll
DisNew
RichPhilaCleveAtlanta Chicago
Boston
Business of Borrower
apolis
Louis
mond
tricts
York
delphia land
1,430
269
105
3,871
740
86
7,547
192
55
99
Durable goods manufacturing - total
1,496
26
32
28
210
6
264
3
807
14
Primary metals
50
20
2,478
141
1,348
205
24
25
476
Machinery17
Transportation equipment
1,626
28
233
42
982
14
139
8
12
5
210
17
53
241
12
744
109
15
14
12
Other fabricated metal products
1,203
33
216
41
18
524
49
29
18
77
Other durable goods
Nondurable goods manufacturing - total
Food, liquor, and tobacco
Textiles, apparel, and leather
Petroleum refining
Chemicals and rubber
Other nondurable goods

5,169
975
585
900
1,661
1,048

202
25
61
16
50
50

2,787
450
261
481
1,130
465

181
28
39
14
47
53

217
25
15
31
88
58

166
27
87
5
20
27

108
38
15
7
23
25

896
220
70
162
212
232

94
24
14
3
19
34

51
22
6
2
2
19

Mining (including crude petroleum and
natural gas)

3,023

24

1,896

44

153

4

30

402

15

Trade - total
Commodity dealers
Other wholesale
Retail

2,466
116
868
1,482

159
1
50
108

963
51
331
581

108
8
39
61

202
4
64
134

126
6
59
61

139
3
63
73

356
22
115
219

41
2
11
28

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

6,183
4,461
418
1,304

159
106
8
45

3,679
2,520
239
920

119
93
14
12

278
191
22
65

148
71
30
47

165
154
1
10

777
579
45
153

129
126
3

Construction

1,245

23

428

38

157

87

56

75

Services

3,408

233

1,434

331

191

52

111

Foreign commercial and industrial loans

1,940

31

1,546

22

44

4

All other loans

1,388

*

656

9

121

17,260

1,044

2,103

Total term loans outstanding




32,369

W

1,100

Kansas
City

42
—

5
6
12
19
36
11

Dallas

94
12
20
9
18 .
35

San
.
FranciscoE/

564
94
147
148
31
144

15
3
7

115
17
3
41
24
30

316
88
14
123
43
48

5

56

260

134

34
1
12
21

32
12
20

43
37
1 .
5

48
42
3
3

151
106
19
26

487
436
33
18

30

14

14

145

178

356

80

18

64

93

445

3

202

2

5

7

74

139

21

162

34

5

8

812

732

4,656

530

230

300

mm mm

— —

- —

48
2
21
25 .

. 70
983

258
16
91
151

163
2,619