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F E D E R A L R E S E R V E release Hl il ••f^AL RE^. - For immediate release November 13, 1963 CHANGES IN COMMERCIAL AND INDUSTRIAL LOANS BY INDUSTRY H.12 Commercial and industrial loans increased in all but one district and a net of $520 million at weekly reporting member banks during the week ended November 6. The principal net increases were $100 million in loans to the retail trade, $82 million to the mining industry, which includes producers of petroleum and natural gasj, $55 million to transportation, communication, and other public utilities, $49 million to manufacturers of food, liquor, and tobacco products and $42 million to commodity dealers. Changes in loans during the week and since mid-year 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 mid-year Week June 26, 1963 June 27, 1962 ended . to . to Nov. 6 £/ Nov. 6, 1963 2/ Nov. 7? 1962 (in millions of dollars) - 3 — 5 + 21 + 26 + 3 Nondurable goods manufacturing: Food, liquor, and tobacco Textiles, apparel, and leather Petroleum refining Chemicals and rubber Other nondurable goods 9 + 22 - 13 3 Mining, including crude petroleum and natural gas + Trade: Commodity dealers Other wholesale Retail Transportation, communication, and other public utilities Construction All other types of business, mainly services 6 86 - 116 39 20 - 71 - 13 - 79 — 76 +102 466 52 + 25 - 107 24 +325 - 49 + l6 -165 - 57 — 49 + 82 + 108 - 13 + 42 - 2 +100 + + + 564 35 170 +243 +101 +204 + 55 + 19 + + 200 71 +398 + 23 39 - 52 - 50 + - - Net change in classified loans Unclassified changes - net +422 + 98 +1,137 + 120 +837 +131 Net change in commercial and industrial loans +520 +1,257 +968 p/ Preliminary. In addition to the weekly table, a monthly table appears below showing changes during October 1963 compared with the preceding month and with October 1962, and also showing changes during the past twelve months. Total commercial and industrial loans increased $352 million during the month of October 1963# compared with an increase of $7^0 million during the month of September 1963 and an increase of $227 million in October 1962. Business of Borrower Durable goods manufacturing: Primary metals Machinery Transportation equipment Other fabricated metal products Other durable goods 5 weeks 4 weeks 5 weeks 12 months ended ended ended ended Oct. 30,1963 Sept. 25,1963 Oct.31, 1962 Oct. 30, 196 (In millions of dollars) - 8.2 -115.6 - 51 i8 - 35 ;2 - 37.8 + + + + + Nondurable goods manufacturing: Food, liquor, and tobacco Textiles, apparel, and leather Petroleum refining Chemicals and rubber Other nondurable goods +268,9 -114.4 - 23.7 - 54.3 - 80.5 +152.2 - 61.7 + 48.2 + 10.0 + 16.9 Mining, including crude petroleum and natural gas - 3.5 Trade: Commodity dealers Other wholesale Retail Transportation, communication, and other public utilities Construction All other types of business, mainly services 10.7 34.4 70.3 12.2 27.8 - 4o. 6 75.3 112.5 2.9 51.5 +217.0 -152.7 + 6.1 - 10.1 - 62.7 + + + + + 23.O 122.8 35.7 6.0 22.2 + 32.0 + 12.3 + 342.2 +287i5 + 68.1 +135.8 + 78.0 + 20.9 + 36.6 +125.8 + 18.6 +148.0 + + + 266.0 101.7 90.3 +161.1 - l4.8 +151.7 + 33.7 + 88.0 - 6.0 + + 148.1 145.5 - 94.5 + 39.8 - 13.1 + 384.0 +287.1 +713.7 +188.4 +1,555.3 Unclassified changes - net + 64.9 + 26.3 + 38.6 + Net change in commercial and industrial loans +352.0 +740.0 +227.0 +2,006.0 Net change in classified loansl/ l/ See footnote on following table regarding current coverage. - 25.3 43 i 8 57.8 25.6 30.3 + - 450.7 H.12(a) = = Nondurable goods manufacturing: Food, liquor, and tobacco Textiles, apparel, and leather Petroleum refining Chemicals and rubber Other nondurable goods + 49.3 9-1 + 21.6 12.7 — 3-2 Mining, including crude petroleum and natural gas + 82.0 Trade: + 4i.6 Commodity dealers Other wholesale Retail = 2.4 +100.4 - -4.4 + 3 4 a -1.9 - 5.2 0 0 — + 16.9 - .1 8.9 .8 -l.l + — ~ + 47-5 +1.8 + 26.4 + .6 - 3-7 +5.4 + 38.0 Kansas San FranCity Dallas cisco $/ 10 10 3 3 CHANGES IN COMMERCIAL AND INDUSTRIAL LOANS OF A SAMPLE OF WEEKLY REPORTING MEMBER BANKS BY INDUSTRY AND FEDERAL RESERVE DISTRICT, WEEK ENDED WEDNESDAY, NOVEMBER 6S 1963 All DisNew Phila- Cleve- RichSt. MinneBusiness of Borrower tricts |>/ Boston York delphia land mond Atlanta Chicago Louis apolis (In millions of do] Durable goods manufacturing: + °3 «=, 2.6 — 2 Primary metals 3-0 1-7 + . , + .2 + 0 7 + 20.9 2.8 - .2 Machinery +1.9 + 14.5 +1-5 + 5-2 - .1 +1.2 = .2 + 1-5 + 25.8 - ] - .2 + 26.7 Transportation equipment - -7 - 1.7 + .2 4 o_ 0 + 3.2 + .8 + 3.6 Other fabricated metal products .1 + .6 ° 06 1.4 + -3 - 4.9 +1.8 - 5.1 Other durable goods - .2 - .4 + .4 -3 - 1.2 O B - + + " + .1 + • .2 -5 .2 .1 .1 C O .1 .1 + .1 + .9 + 5.0 - .6 -2.4 -5 +1-5 + 6.9 + .2 - .9 + .1 - .8 .1 -l.l - -5 + 1.5 + 1.9 + .2 — .2 + .6 + - — . 2 + 3-2 - +26.8 +1.5 + 1-9 -2.5 - .6 3-0 + ol +3.4 + 6.8 +5 -5 + 1.1 - 1.4 + 6.8 + 3 -6 — 1.6 +20.5 + 1.4 4-2 o4 + 3-0 + 1.0 + 2.1 + o7 + -5 + 3-9 + 7.0 4-2 c 5 + 1-7 + 2.8 - .4 + 5-8 - 1.1 + 9-8 - .2 -2.7 + 3-6 + 1-3 =• = = tx> -3 2.1 1-7 1.7 -9 2.1 - -5 + *1 .1 1.2 + .2 + «> 00 = — =» + -2.4 + + + +11.8 C 0= D =» .8 + -5 .2 -5 1-3 -3 .8 •3 .6 + -7 => * c> = <= + 2.5 Not + 2.5 avail- Transportation,, communication, and other public utilities + 54.9 Construction + 18.6 +1.5 + 10.4 -3-1 + 1.1 -1.7 + .3 + 2.6 + 2.2 - .1 + -5 + 4.9 All other types of business, mainly services + 39.4 +2.0 + 21.7 +4.8 + 1—1 CO + .4 + 4.0 - 2.1 + 1.2 - .8 + .4 + 4.7 Net change in classified loansl/ +422.4 +8 o - +256,1 h +3 °6 +26.8 - .3 +12.0 +58-3 +23.I 4-10 0 +13.6 Unclassified changes - net + 97-6 = 0 ^ + 2.9 * 4 - +3-4 - 2.8 ' -1.7 — 2.0 +14.7 4 -9 +1.0 * + 3-4 .8 +79.O Net change in commercial and industrial loans +520.0 +8 oO +259.0 +7.0 +24.0 +10.0 +73-0 +24.0 +2.0 +17-0 +19.0 +79-0 - - 4i.o -2.2 -2.0 able +19 08 - p/ Preliminary; final totals will appear in the F. R. Bulletin and San Francisco District figures appear in a release of the Reserve Bank V 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 http://fraser.stlouisfed.org/ commercial and industrial loans of all weekly reporting member banks and about 70 per cent of those of all commercial banks Federal Reserve Bank of St. Louis
