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BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
H.12

(For Immediate Release)

October 12, i960

CHARGES IN COMMERCIAL AMD IHDUSTOIAL LOAMS BY IBDOSTRY
Commercial and Industrial loans decreased in seven districts and a net of
$146 mi llion at all reporting member banks during the week ended October 5. The
principal net decreases were $122 million in loans to public utilities, $88 million
to manufacturers of metals and metal products, $31 million to manufacturers of textiles, apparel, and leather products, and $42 million to unclassified borrowers.
The larger offsetting net increases were $63 million in loans to manufacturers of food, liquor, and tobacco products, $46 million to the wholesale and
retail trade, and $20 million to commodity dealers.
Changes in loans during the week and since mid-year are shown below; the
third column shows the changes during the comparable period last year.

Business of Borrower
Manufacturing and mining:
Food, liquor, and tobacco
Textiles, apparel, and leather
Metals and metal products
Petroleum, coal, chemicals,
and rubber
Other manufacturing and mining

Week
ended /
Oct.

Cumulative since mid-year
June 29, I960
July 1, 1959
to
,
to
7
Oct. 5, i960*
Oct. 7, 1959
(in millions of dollars]

+ 63
- 31
- 88

+204
+ 57
-443

+
+
-

315
115
163

+

l
2

- 76
+ 75

+
+

135
71

Trade—whole sale and retail
Commodity dealers
Public utilities and transportation
Construction
All other types of business

+ 46
+ 20
-122
- 9
+ 16

+ 50
+l4o
- 57
+ 25
+117

+
+
+

120
277
312
1
110

Classified changes - net
Unclassified changes - net

-104
- 42

+ 92
-342

+1,070
41

Het change in commercial and
industrial loans

-146

-250

+1,029

-

jo/ Preliminary
In addition to the weekly table a monthly table is attached showing changes
during September compared with the preceding month and with September 1959, and also
showing changes during the past twelve months.
Most of the changes by industrial classifications during September were in
the same direction as in September 1959• Exceptions were in loans to manufacturers
of metals and metal products, "other" manufacturing and miming concerns, and to the
construction industry, which increased during the current month in contrast to
decreases a year ago.




CHANGES 331 COMMERCIAL AND INDUSTRIAL LOAMS OF A SAMPLE OF WEEKLY REPORTING MEMBER BANKS
BY INDUSTRY AND FEDERAL RESERVE DISTRICT,
WEEK ENDED WEDNESDAY, OCTOBER 5, 19&0

H.12(a)

Business of Borrower

All Dis-

Manufacturing and mining:
Food, liquor, and tobacco
Textiles, apparel, and leather
Metals and metal products (including
machinery & transportation equipment)
Petroleum, coal, chemicals, and rubber
Other manufacturing and mining
Trade:
Wholesale
Retail

San Fran*
St. Minne- Kansas
New Phila- Cleve- RichBoston York delphia land mond Atlanta Chicago Louis apolis City Dallas I cisoo Ji
t g
o
(In millions of dollars)

57

.6
•5

62.6
30.7

+ .1 + 43.9 +
-3.5 - 19.2 -

.3
-7

+ .7
+2.3

+
+

.6
.1

+1.1
-1.1

+10.0 + 1.7 +
- 2.4 — 6.1

87.8
•9
2.1

+ .4 -101.5 - 1.2
-1.0 - 1.6 — .6
-1.4 + 3 '6 - 3-3

+1.5
-3 »6
- .9

-

+

.4
.8
•5

-2.3
- el
- .6

+14.2 - 1.2 + 1.0
+ 1.0
•3 4 •3
- .8 - .4 - 1.2

(+ 46.3?

+ .7 - 1.4 + 1.1
——
+ 20.0 — .5

- .3
+ .7

- .2
+ 5*^

+1.2
+2.1

+ .6 +
+16.4 +

.3 +
.6 .7

(

=*

.2
.5

-1.8 + 8.4
-1.5 + 7-0
+ .2 + 5.8

+4:51

"

-4.9
+ .3
+ .6

-4.2

i - .2
- .2

- .1 + 6.5

+4.0

- .6 - 1.7

-3-3

.5 + 1.0

+ .5 +11-9

+2.8

+8.8

+45.1 -16.3 - 2.6

+2.1 +37-5

- •7

- 1.4

— .8

- 2.1 +

-3.1 +

.5

+4.7

+10.0

+8.0

+43.0 -16.0 -23.0

-1.0 +38.0

+4.0

+ 19.8

+1.5

- 1.3

+ -3

+ 3.1

+4.3

+ 3.0 -

Public utilities (including transportation)

-122.0

+ .7 -126.2 + 2.4

-1.5

+ 1.0

+1.9

- 1.4 -10.5 + 1.2

Construction

-

8-9

- .2 -

. .8 - 2.8

All other types of business

+ 15-5

-1.1 -

7.9 -

.9

+ .1

+ 2.2

+1.4

+ 5.0 +

Net change in classified loans l/

-104,0

-3-8 -177.3 - 7-5

- .7

+11.4

Unclassified changes - net

- 42.0

-3.2 - 13.7 - 2.5

— .3

Net change in commercial and
industrial loans

-146.0

.7.0 -191.0 -10.0

-1.0

——

+3.7
+ .7

—

.4

4.7

Commodity dealers

+ 13.8

- .1
- .3

+

.3

+ >9 -

.5 ~

.2

--

.3 -20.4

+1.1

-

2/ Preliminary; final totals vill'appear-in the F. R. Bulletin and San Francisco District final figures appear in a release of the Reserve Bank.
l/ 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 commercial and industrial loans of « T - weekly reporting member banks and about 70 per cent of those of all commercial banks.
-i




CHANGES IN COMMERCIAL AND INDUSTRIAL LOANS OF A SAMPLE OF WEEKLY REPORTING MEMBER BANKS BY INDUSTRY

H.iaCb)

4 weeks
ended
Sept. 28, I960

Business of Borrower
Manufacturing and mining:
Food, liquor, and tobacco
Textiles, apparel, and leather
Metals and metal products (including machinery
and transportation equipment)
Petroleum, coal, chemicals, and rubber
Other manufacturing and mining

5 weeks
5 weeks
ended
ended
Auk. 31. I960 Sept. 30, 1959
(In millions of dollars)

12 months
ended
Sept. 28. i960

+143.3
- 26.4

+101.5
+ 89.2

+275.5
- 5.8

49.8
+ 173-9

+ 64.8
+ 15.O
+ 4l.8

-111.9
- 10.8
+ 23.7

-157.2
+101.4
- 25.8

+
+

703.0
9.1
375-1

Trade — -wholesale and retail

+ 81.5

- 32.2

+ 40.4

+

444.7

Commodity dealers

+ 45.5

+ 83.3

+103.0

-

51.9

Public utilities (including transportation)

+190.8

-105.1

+267.6

+

163.9

Construction

+

8.8

+ 20.3

-

9.0

+

141.3

All other types of "business

+ 41.2

+ 55.4

+ 22.6

+

345.7

Net change in classified loans 1/

+606.3

+113.4

+612.7

+2,236.8

Unclassified changes - net

- 35-3

-124.4

-109.7

-

Net change in commercial and
industrial loans

+571-0

- 11.0

+503.0

+2,060.0

1/ See footnote en preceding table regarding current coverage.


http://fraser.stlouisfed.org/
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Federal Reserve Bank of St. Louis

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