The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
F E D E R A -L statistical RESERVE release H. 12 For immediate release November 13, 1968 COMMERCIAL AND INDUSTRIAL LOANS OUTSTANDING BY INDUSTRY Commercial and industrial loans increased a net of $411 million at weekly reporting large commercial banks during the week ended November 6. The principal net increases were $119 million in loans to retail trade, $69 million to "other" public utilities, $64 million to manufacturers of food, liquor, and tobacco products, $118 million to "all other" types of business concerns, and $109 million to unclassified borrowers. The largest offsetting net decrease was $71 million in loans to petroleum refiners. Business of Borrower Change From Week Ended Outstanding June 26, Oct. 30, Nov. 8, Nov. 6, * 1968 1968 £/ 1969 W 7 (In millions of dollars) Durable goods manufacturing - total Primary metals Machinery Transportation equipment Other fabricated metal products Other durable goods 12,265 2,027 4,352 1,876 1,833 2,177 -108 - 22 - 10 - 34 - 16 - 26 +1:,183 + 822 + 123 60 + 129 + 169 -230 + 80 -224 + 20 - 73 - 33 Nondurable goods manufacturing - total Food, liquor, and tobacco Textiles, apparel, and leather Petroleum refining Chemicals and rubber Other nondurable goods 10,397 2,566 2,302 1,472 2,277 1,780 '+ + + + 52 64 30 71 3 32 + 484 + 188 + 311 56 62 + 103 + 86 +329 + 26 - 14 -235 - 20 690 -308 Mining (including crude petroleum & natural gas) 4,434 - 43 + Trade - total Commodity dealers Other wholesale Retail 8,473 1,207 3,327 3,939 +156 + 49 - 12 +119 + 554 169 + 297 + 426 +478 + 99 +170 +209 Transportation, communication, and other public utilities - total Transportation Communication Other public utilities 8,588 4,902 1,070 2,616 +102 - 25 + 58 + 69 +1 ,173 + 758 + 103 + 312 +311 - 65 - 31 +407 Construction 2,891 + 22 + 366 +117 Services 5,740 + 32 + 915 +197 725 - 27 - 344 — 86 - 134 - 49 Bankers' acceptances 2 - Foreign commercial & industrial loans 2,542 - All other loans 7.320 +118 + 894 + 78 Total classified loans Total unclassified loans 63,375 6,722 +302 +109 +5 ,781 + 789 +594 +323 Total commercial & industrial loans 70,097 4411 +6 ,570 +917 P/ Preliminary. * San Francisco District classified loans are as of October 30. 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 NOVEMBER 6, 1968 (in millions of dollars) All Dis- Boston New Phila- Cleve- Rich- Atlanta Chicago St. Minne- Kansas Dallas Business of Borrower San . tricts York delphia land mond Louis apolis City FranciscoE' * Durable goods manufacturing - total 12,265 234 126 5,253 522 1,179 182 2,296 109 527 104 274 1,459 Primary metals 306 11 2,027 56 16 326 34 1,095 52 2 32 5 92 Machinery 4,352 34 225 2,014 168 378 64 860 26 34 463 21 65 Transportation equipment 1,876 82 30 141 22 48 270 795 . 14 46 7 7 414 Other fabricated metal products 1,833 213 506 20 76 504 146 41 54 22 33 149 69 Other durable goods 334 2,177 88 108 141 69 845 39 44 31 75 62 341 Nondurable goods manufacturing - total 10,397 462 4,851 605 334 442 349 1,534 238 178 233 1,052 119 Food, liquor, and tobacco 2,566 110 104 43 102 540 50 97 839 81 468 77 55 Textiles, apparel, and leather 2,302 166 123 13 200 199 49 14 1,224 138 68 26 82 Petroleum refining 18 1,472 126 50 18 25 698 6 197 236 17 7 74 Chemicals and rubber 76 1,366 43 2,277 289 19 27 14 105 78 175 47 38 Other nondurable goods 309 1,780 105 132 53 49 45 50 40 161 724 17 95 Mining (including crude petroleum and natural gas) Trade - total Commodity dealers Other wholesale Retail 4,434 8,473 1,207 3,327 3,939 40 696 80 284 332 2,714 2,809 539 1,042 1,228 80 440 44 159 237 147 388 9 198 181 7 448 77 168 203 51 487 35 217 235 585 1,119 93 526 500 35 225 55 69 101 6 190 61 40 89 133 317 38 99 180 482 282 45 104 133 154 1,072 131 421 520 Transportation, communication, & other public utilities Transportation Communication Other public utilities 8,588 4,902 1,070 2,616 314 121 25 168 4,428 2,451 588 1,389 262 140 39 83 434 218 48 168 293 167 57 69 268 179 19 70 1,149 618 135 396 175 124 17 34 142 75 14 53 128 64 27 37 215 129 20 66 780 616 81 83 Construction 2,891 92 674 188 212 207 245 73 381 449 5,740 498 1,798 428 318 173 285 159 51 130 128 Services 191 541 137 278 995 725 20 292 50 45 18 4 72 1 1 23 199 Foreign commercial and industrial loans 2,542 33 51 55 7 15 252 1 12 26 307 All other loans 7,320 101 1,783 1,232 5 257 186 98 347 87 1 94 4,876 1,870 2,021 531 522 8,086 1,130 1,120 230 819 74 1,103 2,288 273 513 11,343 1,271 Bankers' acceptances Total classified loans Total unclassified loans 63,375 6,722 2,783 25,834 364 991 Total commercial and industrial loans 70,097 3,147 26,825 2/ Preliminary. Final totals will appear in the F. R. Bulletin. Classified loans are as of October 30. 2,468 3,640 625 198 36 1,350 893 1,376 2,801 12,614 9,216 2,392 2,552 2,666 4,265 San Francisco District final figures appear in a release of that Reserve Bank. For immediate release November 13, 1968 r H. 12b COMMERCIAL AND INDUSTRIAL TERM LOANS OUTSTANDING BY INDUSTRY Total business term loans were $28,320 million, as of October, This was an increase of $3,654 million over the comparable date a year ago and a decrease of $452 million from the last Wednesday in September. The principal changes decreasing term loans during the month of October were $134 million in loans to the mining industry, which includes producers of petroleum and natural gas, $126 million to manufacturers of machinery, and $94 million to manufacturers of food, liquor, and tobacco products. The total of all business term loans on October 30, represented approximately 45 per cent of the 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. 30, Sept. 25, Oct. 25,Dec. 27; 1967 1968 | 1967 1968 ness' Loans (In millions of dollars) (%) +1,062 + 822 -258 6,277 51 + 707 + 543 - 49 1,417 69 + 200 + 211 -126 2,212 51 21 + 53 + - 22 909 48 73 + 76 + - 53 748 40 26 + 26 - 8 991 45 + 69 3 + 136 89 + 12 13 + Nondurable goods manufacturing - total Food, liquor, and tobacco Textiles, apparel, and leather Petroleum refining Chemicals and rubber Other nondurable goods 50 30 26 79 67 61 5,150 755 601 1,167 1,544 1,083 -140 - 94 + 13 - 61 + 6 - 4 + + + + 227 37 151 11 2 52 Mining (including crude petroleum & natural gas) 86 3,829 -134 + 672 + Trade - total Commodity dealers Other wholesale Retail 23 10 19 30 1,874 114 616 1,144 + 63 + 2 + 31 + 30 + + + + 199 15 90 94 + 108 + 7 + 40 + 61 Transportation, communication, and other public utilities - total Transportation Communication Other public utilities 61 75 44 42 5,206 3,680 449 1,077 - 10 + 7 - 23 + 6 + + + + 978 544 16 418 + 705 + 337 + 6 + 362 Construction 27 782 - 12 + 116 + 100 Services 42 2,386 + 25 + 398 + 265 Foreign commercial & industrial loans 74 1,876 - 149 151 All other loans 13 940 + 19 + 45 28,320 -452 +3,654 +2,243 Total term loans outstanding 5" - - - 151 + 258 67 CCMERCIAL AND INDUSTRIAL TERM LOANS OUTSTANDING AT A SAMPLE OF WEEKLY REPORTING LARGE COMMERCIAL BANKS BY INDUSTRY AND FEDERAL RESERVE DISTRICT, OCTOBER 30, 1968 H. 12(c) New York Hil la- Clevede lphia land 684 165 216 14 200 44 92 12 96 61 80 34 All Districts Boston Durable goods manufacturing - total Primary metals Machinery Transportation equipment Other fabricated metal products Other durable goods 6,277 1,417 2,212 909 748 991 245 23 121 58 17 26 3,106 846 1,110 444 276 430 Nondurable goods manufacturing - total Food, liquor, and tobacco Textiles, apparel, and leather Petroleum refining Chemicals and rubber Other nondurable goods 5,150 755 601 1,167 1,544 1,083 186 25 51 17 41 52 2,716 299 328 593 1,020 476 181 21 27 36 39 58 Mining (including crude petroleum and natural gas) 3,829 33 2,495 Trade - total Commodity dealers Other wholesale Retail 1,874 114 616 1,144 168 1 51 116 Transportation, communication, & other public utilities Transportation Communication Other public utilities 5,206 3,680 449 1,077 Business of Borrower Richmond Atlanta Chicago St. Louis 62 21 17 2 9 13 Minneapolis 465 34 151 115 20 145 62 24 9 10 8 11 34 8 2 10 7 7 92 8 3 42 18 21 378 75 4 175 40 84 28 5 82 335 102 31 0 14 17 28 5 9 14 46 2 15 29 33 4 10 19 172 10 62 100 704 493 32 179 130 116 6 8 67 52 6 9 49 41 5 3 143 92 14 37 316 247 49 20 60 53 11 4 17 105 130 117 241 55 24 48 73 281 11 191 12 38 75 329 916 2,110 1,258 237 503 144 210 164 347 29 10 102 129 77 107 13 64 4 13 13 94 45 12 7 12 18 877 195 77 164 197 244 76 13 14 7 20 22 50 128 5 34 532 747 60 199 488 97 9 24 64 103 2 41 60 58 6 24 28 114 3 48 63 277 12 119 146 123 74 12 37 3,102 2,132 265 705 101 66 20 15 207 151 27 29 142 100 12 30 122 116 1 5 782 20 232 39 84 27 Services 2,386 186 935 220 156 50 Foreign commercial and industrial loans 1,876 19 1,395 29 44 1 940 2 614 11 41 22 19 77 28 1 28,320 982 15,342 893 1,794 486 616 4,200 421 231 Total term loans outstanding San . FranciscoJ 86 12 20 11 18 25 56 4 18 8 8 18 All other loans Dallas 41 1 5 8 9 18 35 1 10 3 9 12 74 8 13 12 15 26 Construction Kansas City - - . . 5 181
@FedFRASER