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• v,of govAv.

FEDERAL

RESERVE

statistical

release
For immediate release
November

11, 1970

COMMERCIAL AND INDUSTRIAL LOANS OUTSTANDING BY INDUSTRY
Commercial and industrial loans increased a net of $217 million at
weekly reporting large commercial banks during the week ended November 4.
The principal net increases were $108 million in loans to "other"
public utilities, and $259 million to unclassified borrowers.
The largest offsetting net decrease was $111 million in loans to
manufacturers of machinery.

Change From Week Ended
June 24,
Nov. 5,
Oct
1970
1970
1970
D/*
(In millions of dollars)
CO
CM

Business of Borrower

Nov. 4,
1970

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

15,324
2,088
5,581
2,911
2,023
2,721

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

11,525
2,614
2,658
1,527
2,653
2,073

Mining (including crude petroleum &
natural gas)

-

+
-

+

-

+
-

160
9
111
5
58
13

+1 ,274
+ 120
+ 154
+ 689
+
21
+ 290

108
54
39

—

-

4-

802
78
616
152
229
31

-

409
140
55
112
64
38

687

-

164

257
134
133
10

+
+
+
+

451
259
46
146

258
, + 336
•
26
56.8

+
+

32
160
63
65

- -

-

12
27

4-

212
107
70
123
106
54

-

-

+
-

-

-

4,096

+

9,325
1,157
3,669
4,499

4-

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

9,695
5,800
1,226
2,669

+
+
+

87
61
40
108

Construction

3,266

+

13

+

118

+

58

Services

7,099

+

36

+

419

+

226

936

+

23

+

516

+

431

Foreign commercial & industrial loans

2,296

+

20

+

11

+

142

All other loans

4,776

-

11

+

44

-

Trade - total
Commodity dealers

Other wholesale
Retail

Bankers' acceptances

+
-

+

-

9
49
37
8
20

+
+
+
-

—
-

54

Total classified loans
Total unclassified loans

68,338
11,847

4-

42
259

4-1,482
+ 586

+

89
723

Total commercial & industrial loans

80,185

4-

217

4-2,086

+

634

-

P/ Preliminary.

* San Francisco District classified


loans are as of October 28.

-

H. 12(a)

COMMERCIAL AMD INDUSTRIAL LQ/$S OUTSTANDING AT A SAMPLE OF WEEKLY REPORTING
LARGE COMMERCIAL BANKS BY INDUSTRY AND FEDERAL RESERVE DISTRICT, WEEK ENDED NOVEMBER 4, 1970
(in millions of dollars)
All
DisMinne- Kansas
New
Phila- Cleve- Rich- Atlanta Chicago
St.
Business of Borrower
Boston
tricts
York
apolis
delphia land
mond
City
Louis
Durable goods manufacturing - total
15,324
642
6,335
670 1,522
263
297
2,835
186
163
130
Primary metals
2,088
56
981
20
73
327
25
48
372
7
3
Machinery
5,581
287
225
2,357
508
80
1,123
70
37
57
27
Transportation equipment
2,911
103
1,444
244
90
27
46
415
10
12
16
Other fabricated metal products
2,023
86
146
255
557
46
26
78
499
39
45
Other durable goods
2,721
110
996
136
188
90
426
78
65
48
39
11,525
718
5,392
524
453
410
1,660
383
265
150
122
Nondurable goods manufacturing - total
2,614
106
765
89
92
87
108
82
533
Food, liquor, and tobacco
46
73
2,658
Textiles, apparel, and leather
347
1,313
156
55
185
136
233
63
20
14
Petroleum refining
1,527
766
-2A
39
51
15
18
247
24
10
22
Chemicals and rubber
2,653
99
1,664
116
151
58
49
283
32
19
17
Other nondurable goods
2,073
142
884
124
104
64
65
72
364
28
23

299
29
95
37
56
82
249
66
24
63
48
48

San
,
FranciscoEZ*
1,982
147
715
467
190
463
1,199
,
567
112
248
117
155

Dallas

Mining (including crude petroleum and
natural gas)

4,096

67

2,435

69

255

9

57

439

26

8

125

414

192

Trade - total
Commodity dealers
Other wholesale
Retail

9,325
1,157
3,669
4,499

622
39
260
323

3,095
500
1,250
1,345

500
56
164
280

529
15
219
295

517
80
182
255

524
24
246
254

1,207
109
512
586

299
75
94
130

195
69
43
83

297
41
92
164

336
42
144
150

1,204
107
463
634

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

9,695
5,800
1,226
2,669

405
161
32
212

4,814
2,779
588
1,447

279
138
53
88

569
301
55
213

349
175
84
90

307
226
19
62

1,272
769
162
341

198
150
19
29

103
64
10
29

101
63
21
17

241
137
48
56

1,057
837
135
85

Construction

3,266

93

887

268

218

206

196

232

125

60

101

368

512

Services

7,099

2,311

579

353

219

334

775

220

127

163

278

1,339

— «•

1

1

15

149
65

Bankers' acceptances

W

936

17

511

39

34

2

6

161

Foreign commercial and industrial loans

2,296

38

1,755

51

25

11

22

297

All other loans

4.776

110

1.827

8

468

278

126

376

68,338

3,113

29,362

2,987

4,426

2,264

2,252

11.847

466

1.047

272

788

641

626

Total classified loans
Total unclassified loans

3,579 30 r 409
Total commercial and industrial loans
80.185
2/ Preliminary. Final totals will appear in the F. R. Bulletin.
*

Classified loans are as of October 28.




9

— —

23

98

a

30

1 65_

9,252

1,417

824

1,070

1.454

276

71

107

10.706

2,388
568

1
8,983
5.331

1,693
l r 377 2,956 14.314
895
3,259 5,214 2,905 2,878
San Francisco District final figures appear in a release of that Reserve Bank.

For immediate release
November 11, 1970
H. 12b

COMMERCIAL AND INDUSTRIAL TERM LOANS OUTSTANDING BY INDUSTRY

•'

.

Total business term loans were $32,026 million as of October• This was an
increase of $808 million over the comparable data a year ago and a decrease of
$596 million from the last Wednesday in September.
?
v

%

The principal net changes in term loans during October were $129 million
in loans to manufacturers of primary metals, $98 million to manufacturers of
machinery, and $92 million to manufacturers of chemical and rubber products.
The total of all business term loans in October 28 represented approximately
47 percent of total of business loans outstanding at large commercial banks reporting
in the series.

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

Percent of Term Loans Change From Month Ended
Total Busi- Oct. 28, Sept. 30, Oct. 29, Dec. 31,
ness Loans
1969
1969
1970
1970
(In millions of dollars)
m
+ 262
+ 842
7,918
51
286
+
+ 141
72
129
1,548
74
+
+
77
319
2,826
98
50
+ 126
+ 322
28
1,627
56
+
20
+
11
26
38
781
33
+
49
1,136
5
42

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

50
37
27
81
64
56

5,797
984
720
1,230
1,688
1,175

Mining (including crude petroleum &
natural gas)

84

3,419

Trade - total
Commodity dealers
Other wholesale
Retail

23
7
20
30

2,151
73
727
1,351

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

61
76
33
40

5,846
4,443
386
1,017

Construction

30

972

Services

43

Foreign commercial & industrial loans
All other loans
Total term loans outstanding

]>/ Preliminary.




-

173
24
31
18
92
8

-

42

-

-

+
-

+
-

12
9
30
9

+
+
+
+

184
111
34
52
13
104

+

205
31
7
126
141
24

-

660

-

671

-

+
-

+
+

' 84
26
62
48

+
+

+

15

+

3,069

-

63

+

71

1,612

+

8

26

1,242

+

47

32,026

-

+
-

-

-

197
8
36
169

-

-h

+
-

-

+
-

+
+

137
6
21
122

-

403
29
112
320

73

+

* 68

215

+

78
30

1
328
100
227

-

+
-

-

80

-

17

+

36

+

596

+

808

-

1
763

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 28, 1970

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

All Districts
7,918
1,548
2,826
1,627
781
1,136

Boston
285
30
137
67
22
29

(in millions of dollars)
New
Phila- Cleve- RichYork
delphia land
mond
152
3,984
864
93
21
817
254
7
256
1,514
29
44
10
14
954
147
101
244
41
14
32
106
33
455
246
3,135
172
178
386
33
17
34
36
13
81
363
680
20
46
7
43
1,154
22
94
552
60
56
34

94
7
30
24
15
18

1,536
288
5.58
220
260
210

St.
Louis
95
29
23
4
16
23

93
30
13
9
23
18

1,036
289
105
204
203
235

117
23
18
20
21
35

71
31
12
6
8
14

Atlanta Chicago

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

5,797
984
720
1,230
1,688
1,175

248
36
70
20
49
73

Mining (including crude petroleum and
natural gas)

3,419

54

2,230

34

212

7

29

397

25

Trade - total
Commodity dealers
Other wholesale
Retail

2,151
73
727
1,351

161
1
44
116

. 798
27
246
525

110
7
31
72

203
7
69
127

97
5
32
60

129
1
58
70

339
12
124
203

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

5,846
4,443
386
1,017

136
104
8
24

3,305
2,414
212
679

102
65
22
15

303
201
19
83

166
102
35
29

166
154
1
11

972

25

313

61

94

27

Services

3,069

220

1,223

291

181

Foreign commercial and industrial loans

1,612

14

1,329

21

All other loans

1,242

1

645

32,026

1,144

16,962

Construction

Total term loans outstanding




Minneapolis
45
2
17
6
7
13

Kansas
City
42

34
5

— —

6
7
13
16

Dallas
85
11
15
8
15
36

San
.
FranciscoE/
643
82
197
166
33
165

16
3
10

107
17
3
44
18
25

360
83
6
158
50
63

5

69

257

100

44
1
8
35

30
5
14
11

37
1
13
23

41
1
20
20

162
5
68
89

795
623
40
132

132
128

47
45
2

4

70
61
1
8

- -

134
101
13
20

490
445
33
12

57

68

29

9

18

119

152

49

99

363

62

23

49

74

435

17

2

5

186

- —

3

6

29

1

142

108

14

132

38

3

8

57

93

944

2,262

727

686

4,852

542

259

304

880

2,464

— —

mm •

- -