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^ FEDERAL :: :: i 3 a H (rr RESERVE statistical release H. 12 For immediate release November 12, 1969 COMMERCIAL AND INDUSTRIAL LOANS OUTSTANDING BY INDUSTRY Commercial and industrial loans increased $544 million at weekly reporting large commercial banks during the week ended November 5. The principal net increases were $111 million in loans to retail trade, $94 million to manufacturers of chemical and rubber products, $74 million to commodity dealers, and $378 million to unclassified borrowers. The larger offsetting net decreases were $50 million each in loans to manufacturers of transportation equipment, and to the construction industry, and $47 million to communication. Business of Borrower Change From Week Ended Outstanding | June 25, Oct. 29, Nov. 6, Nov. 5, ]V 1 1969 1969 1968 1969 (In millions of dollars) Durable goods manufacturing - total Primary metals Machinery Transportation equipment Other fabricated metal products Other durable goods 14,057 1,972 5,433 2,227 2,001 2,424 Nondurable goods manufacturing - total ' Food, liquor, and tobacco Textiles, apparel, and leather Petroleum refining Chemicals and rubber Other nondurable goods 11,716 2,717 2,589 1,641 2,761 2,008 Mining (including crude petroleum & natural gas) 4,778 Trade - total Commodity dealers Other wholesale Retail 9,024 1,016 3,531 4,477 Transportation, communication, and other public utilities - total Transportation Communication Other public utilities 9,965 5,490 1,235 3,240 Construction Services + + + + 55 13 45 50 29 . 8 +1 ,790 56 +1 ,103 + 330 + 167 + 246 • 111 + + 47 „ 32 6 + + 94 +1 ,280 + 132 + 280 + 169 + 486 + 213 + + 233 173 121 427 19 123 - 128 - + — - - 4 - 34 + 346 210 74 25 111 + 422 192 176 438 + + +• + — + + - + — 78 16 116 134 176 12 . 204 + + 60 + 27 171 - + 12 15 47 20 + + + +1 ,402 612 167 623 + + + + 470 11 37 422 3,147 - 50 + 234 - 165 6,653 + 48 + 877 - 104 433 - 16 - 290 - 92 Foreign commercial & industrial loans 2,278 - 21 - 266 - 152 All other loans 4,711 - 15 -2 ,605 + 273 + - 151 361 - 210 Bankers1 acceptances - + - Total classified loans Total unclassified loans 66,762 11,431 + + 166 378 +3 ,190 +4 ,854 Total commercial & industrial loans 78,193 + 544 +8 ,044 P/ Preliminary. * San Francisco District classified loans are as of October 29. 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 1969 In mi 1lions of dollars' All Dis- Boston 1 New Business of Borrower Phila- Cleve- RichSt. Minne- Kansas Lanta Chicago tricts^ I York delphia land mond Louis apolis Cit: Durable goods manufacturing total 14,057 578 5,904 571 1,394 235 285 2,703 156 121 128 Primary metals 1,972 42 991 65 316 14 22 344 33 4 5 Machinery 5,433 275 2,406 189 487 69 77 1,052 41 45 26 Transportation equipment 2,227 85 1,045 70 189 23 37 339 8 5 16 Other fabricated metal products 2,001 76 570 136 217 39 73 569 27 Other durable goods 29 42 2,424 100 892 111 185 90 76 399 47 38 39 Nondurable goods manufacturing - total 11,716 567 5,645 503 529 401 388 1,719 261 137 120 Food, liquor, and tobacco 2,717 101 926 88 114 64 108 589 86 62 43 Textiles, apparel, and leather 2,589 218 1,349 170 68 204 119 245 54 14 16 Petroleum refining 1,641 22 872 44 67 11 25 229 25 12 20 Chemicals and rubber 2,761 98 1,694 88 181 46 68 343 40 17 21 Other nondurable goods 2,008 128 804 113 99 76 68 313 56 32 20 Mining (including crude petroleum and natural gas) 4,778 75 2,917 84 271 57 571 29 118 Trade - total 9,024 658 2,977 497 482 475 537 1,179 290 173 306 Commodity dealers 1,016 66 413 60 11 71 39 59 68 56 29 Other wholesale 3,531 270 1,155 149 243 166 233 528 83 41 93 Retail 4,477 322 1,409 288 228 238 265 592 139 76 184 Transportation, communication, & other public utilities 9,965 399 4,969 314 646 345 295 1,345 195 108 121 Transportation 5,490 166 2,617 168 289 182 205 737 143 72 71 Communication 1,235 29 609 51 93 76 19 125 19 10 24 Other public utilities 3,240 204 1,743 95 264 87 71 483 33 26 26 Construction 3,147 99 761 201 235 211 243 228 93 66 110 Services 6,653 421 2,172 564 348 205 330 634 203 129 151 Bankers' acceptances 433 8 189 15 28 3 6 47 1 1 Foreign commercial and industrial loans 2,278 31 1,680 50 34 13 20 193 1 18 All other loans Dallas 327 31 106 46 64 San FranciscaE/' 1,655 105 660 237 58 29 65 40 45 364 159 367 1,209 478 103 249 125 254 462 182 296 34 109 153 1,154 110 461 583 233 130 28 75 995 710 152 133 407 493 253 1,243 12 123 36 202 80 4,711 117 1,766 8 339 249 110 354 99 5 37 133 1,494 Total unclassified loans 66,762 11,431 2,953 389 28,980 1,083 2,807 217 ' 4,306 703 2,144 595 2,271 591 8,973 1,236 1,328 270 762 79 1,092 298 2,396 536 8,750 5,434 Total commercial and industrial loans 78,193 3,342 30,063 3,024 . 5,009 2,739 2,862 Total classified loans Digitized* FRASER for Classified loans are as of October 29. 10,209 1,598 841 1,390 2.932 14.184 San Francisco District final figures appear in a release of that Reserve Bank. For immediate release November 12, 1969 H.12b COMMERCIAL AND INDUSTRIAL TERM LOANS OUTSTANDING BY INDUSTRY Total business term loans were $31,234 million as of October. This was an increase of $2,914 million over the comparable data a year ago and a decrease of $164 million from the last Wednesday in September. The principal changes in term loans during October were decreases of *$195 million in loans to petroleum refiners, and $51 million to "other" public utilities; and increases of $91 million to "all other" loans, and $60 million to manufacturers of transportation equipment. , The total of all business term loans on October 29, represented approximately 47 per cent of total of business loans out l a n d i n g at large commercial banks reporting in the series. Business of Borrower Percent of Term Loans Change From Month Ended Total Busi- Oct. 29, Sept. 24» Oct. 3Q Dec. 25. 1968 1968 1969 1969 ness Loans (In millions of dollars) (%) 50 71 47 57 38 45 7,076 1,407 2,507 1,305 770 1,087 Nondurable goods manufacturing - total Food, liquor, and tobacco Textiles, apparel, and leather Petroleum refining Chemicals and rubber Other nondurable goods 48 33 26 78 64 53 5,613 873 686 1,282 1,701 1,071 Mining (including crude petroleum & natural gas) 85 4,079 - 22 9 27 1,954 81 691 1,182 Transportation, communication, and other public utilities - total Transportation Communication Other public utilities 59 75 38 39 5,845 4,115 486 1,244 + + Construction 28 899 + Services 43 2,854 Foreign commercial & industrial loans 74 All other loans Durable goods manufacturing - total Primary metals Machinery , Transportation equipment Other fabricated metal products Other durable goods Trade - total Commodity dealers Other wholesale Retail Total term loans outstanding jd/ Preliminary. + ' + - 23 12 49 60 1 23 + + + + + 799 10 295 396 22 96 672 69 246 270 32 55 + + + + + + 248 98 57 70 13 10 - 463 118 85 115 157 12 40 + 250 + 46 + + + + 50 1 25 24 + + + + 80 33 75 38 + + 58 37 48 47 - 3 8 40 51 + 639 + 435 + 37 + 167 + + + + 274 209 45 20 8 + 117 + 91 - 6 + 468 + 278 1,692 - 25 - 184 - 227 26 1,222 + 91 + 282 + 263 47 31,234 20 - + - - 216 7 3 195 16 5 164 + + + + + - +2 ,914 + + + + + + - +1 ,703 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 29, 1969 (in millions of dollars) All Dis- Boston New Phila- Cleve- Rich- Atlanta Chicago St. MinneBusiness of Borrower tricts York delphia land mond apolis Louis 41 81 84 70 162 1,375 Durable goods manufacturing - total 7,076 759 247 3,587 2 Primary metals 6 29 224 253 16 4 1,407 27 785 Machinery 13 507 17 52 23 24 2,507 217 123 1,343 Transportation equipment 4 4 183 128 9 9 51 19 716 1,305 Other fabricated metal products 8 12 16 234 13 42 18 300 84 770 Other durable goods 19 14 32 106 198 18 28 1,087 33 443 Nondurable goods manufacturing - total Food, liquor, and tobacco Textiles, apparel, and leather Petroleum refining Chemicals and rubber Other nondurable goods 5,613 873 686 1,282 1,701 1,071 259 40 74 18 49 78 3,068 339 349 775 1,128 477 169 22 33 25 39 50 237 34 8 46 90 59 Mining (including crude petroleum and natural gas) 4,079 65 2,615 49 240 Trade - total Commodity dealers Other wholesale Retail 1,954 81 691 1,182 145 1 36 108 743 33 225 485 122 9 29 84 Transportation, communication, & other public utilities Transportation Communication Other public utilities 5,845 4,115 486 1,244 134 99 12 23 3,374 2,293 252 829 899 24 Services 2,854 Foreign commercial and industrial loans All other loans Construction Total term loans outstanding Kansas City 42 1 5 8 9 19 Dallas 96 13 24 12 13 34 San . FranciscoE/ 532 47 159 162 21 143 316 64 4 123 54 71 96 29 12 12 23 20 999 261 101 190 240 207 115 19 13 21 31 31 53 25 5 6 5 12 30 4 11 5 10 108 14 3 51 19 21 5 30 550 25 3 73 309 115 118 2 64 52 88 5 34 49 124 1 49 74 304 10 124 170 34 1 10 23 26 2 10 14 42 1 15 26 29 1 11 17 179 15 84 80 102 70 22 10 264 176 34 54 178 113 27 38 149 141 1 7 881 614 58 209 142 130 5 7 62 49 5 8 54 47 5 2 150 99 13 38 355 284 52 19 289 46 94 33 55 71 11 13 19 131 113 229 1,173 269 181 53 107 323 63 21 50 61 324 1,692 18 1,333 26 22 3 124 — 4 - - 19 143 1,222 1 677 1 93 101 15 143 38 3 10 39 101 31.234 1.122 16.859 946 2.008 705 649 4.770 509 226 320 942 2,178 163 22 84* 4 18 35 - - — —
