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FEDERAL
statistical

RESERVE

release

For immediate release
October 4, 1961
CHANGES Hf COMMERCIAL AHD INDUSTRIAL XOAKS BY UDDSTBY

H .12

Commercial and industrial loans decreased in most districts and a net of
$50 million at weekly reporting member banks during the week ended September 27•
The principal net decreases were $30 million in loans to manufacturers of textiles,
apparel, and leather products, $18 million to manufacturers of metals and metal products, $35 million to "other" types of "business concerns, and $33 million to unclassified borrowers.
The larger offsetting net increases were $24 million to manufacturers of
food, liquor, and tobacco products, $26 million to manufacturers and producers of
petroleum, coal, chemicals, and rubber products, and $42 million in loans to public
utilities.
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 ,
2/
Sept. 27'

Cumulative since mid-year
June 25, 1961
June 29, I960
to
,
to
Sept. 27,19612/
Sept. 28,1960
(in millions of dollars)
+144
+ 42

-18

-300

+l4l
+ 88
-355

+26
-24

-149
- 5

- 75
+ 73

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

+ 1
+ 1
+42
- 4
-35

+116
+103
+ 39
+ 49
+140

+ 4
+120
+ 66
+ 34
+101

Classified changes - net
Unclassified changes - net

-17
-33

+180
- 96

,+196
I/-303

Uet change in commercial and
industrial loans

•50

+ 84

£/-107

+24
-30

jg/ Preliminary
xj Revised to eliminate adjustments in series since July 8, 1959* for mergers of
nonreporting banks with reporting banks.
v




CHANGES IN COMMERCIAL AND INDUSTRIAL LOANS OF A SAMPIS OF WFIFXTY REPORTING MEMBER BANKS
BY INDUSTRY AND FEDERAL RESERVE DISTRICT,
WEEK ENDED WEDNESDAY, SEPTEMBER 27, 1961

H.12(a)

Business of Borrower

San FranSt. Mlnne- [Kansas
Phila- Cleve- RichNew
All DlsAtlanta Chicago Louis apollsI City Dallas cisco 2/
tricts 2/ Boston York delphia land mond
(T" urtlUnng of dnllftraj

- l.l +18.6
- 7-5 - 9-0

+ .6
- .6

-18.3
+25.9
-24.1

+ 3.2 -24.9
- -3 +17.6
— 1.6 -13.2

-1.9
+2.5
-5.8

+ 1.1 + 4.0
- 1.7 + 3.3

+1.2
+ .1

+ .9

M

1.0 + .2 +8.0
5.0 - 3-1 -2.9

•
•

.4
.8

- 1.3 - .1
- .8 - .1

.4 +5.4
.3 + .2
-3 -3.9

•

•m
m
.5
.1

- 2.5 - -7
- -5 + .5
+ .1 - -5

+ 1.0 - .1 +2.5
- 2.3 + 3-9 +1-3

•9

-

+

- .4
- .8
+1.5
—

-

+
-

+

•9 +
.2 .8 -

-5
-3

coco

Trade:
Wholesale
Retail

-.-23.8
-30.3

1 +

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

-

1-7
.1

+
+
+

Not

2.6
5-4
.4

-

(-12.6)

avail-

- 5-7 - .1

+ 1.6

- .2

+ 6.1

.8 -1.8

+ 1.4

- 1.4

- 3.2 + .4

- 7.8

-10.5 + 3-3 +19J0

— 8.0

-15.5

-2.6

- 4.7

- -3

+ 3-5 -35-3 +5.0

- 8.0

- 3-5 - .4

-

+3•0

7.0 -32.0 424.0

-16.0

-19.0 -3.0

- 5-0 +14.0

Commodity dealers

+ .7

— 1.0 + 3*8

+ .3

— el

+ 1.7 + 2.7 + .9

- 3-4

Public utilities (including transportation)

+42.4

- 1.2 +25.0

+3.2

+1-3

+ 1.4 -

.2 +6.9

+

.1

Construction

- 3.5

-

-9 - 1.4

+0.9

— •1

+ 1-3 -

.6 - .9

-

.6

All other types of business

-3*-?

— 6.2

- 9.5

+1.1

+1.0

-11.1 +

.7 +1.5

Net change in classified loans l/

-17.0

-17.2 +14.3

+1.6

+3.3

Unclassified changes - net

-33-0

+ 7.2 -14.3

- .6

Net change in commercial and
industrial loans

-50.0

-10.0

+1•0

—

-

able

.3 +14.0

j>/ preliminary; final totals will appear in the F. R. Bulletin and San Francisco District 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
weekly reporting member banks and about 70 per cent of those of all commercial banks.