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pfr GOVfr RESERVE F E D E R A L statistical release For immediate release September 18, 1963 CHANGES IN COMMERCIAL AND INDUSTRIAL LOANS BY INDUSTRY H.12 Commercial and industrial loans increased in all Taut one district and a net of $150 million at weekly reporting member banks during the week ended September 11. The principal net increases were $48 million in loans to "all other" types of business concerns, $31 million to the mining industry, which includes producers of petroleum and natural gas, $20 million to petroleum refiners and $30 million to unclassified borrowers. The largest offsetting net decrease was $16 million in loans to transportation, communication, and other public utilities. 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 Sept. llW Sept.11,1963 2/ Sept. 12, 1962 (in millions of dollars) + + 9 4 2 - 19 - 35 -169 9 4 + - 18 5 - 56 - 31 -105 - 35 +123 Nondurable goods manufacturing: Food, liquor, and tobacco Textiles, apparel, and leather Petroleum refining Chemicals and rubber Other nondurable goods + 2 - 11 + 20 + 1 + 8 +56 +154 + 7 •: 56 +56 + 13 +134 Mining, including crude petroleum and natural gas +31 +42 - 28 Trade: Commodity dealers Other wholesale Retail > + 11 + 5 + 2 +169 - 48 - 76 + 92 + 52 + 4 - 16 + 4 -162 +50 +158 + 9 + 48 + 20 - 15 Net change in classified loans Unclassified changes - net +120 + 30 - 25 - 36 +159 + 77 Net change in commercial and industrial loans +150 - 6l +236 Transportation, communication, and other public utilities Construction All other types of business, mainly services p/ Preliminary. -151 - 4 H.12(a) CHAHGBS IN COMMERCIAL AND INDUSTRIAL LOANS OF A SAMPLE OF WEEKLY REPORTING MEMBER BANKS BY INDUSTRY AND FEDERAL RESERVE DISTRICT, WEEK ENDED WEDNESDAY, SEPTEMBER 11, 1963 All DisNew Phila- Cleve- RichSt. MinneBusiness of Borrower tricts $y Boston York delphia land mond Atlanta Chicago Louis apolis (In mill ions of dollars) Durable goods manufacturing: Primary metals + 8.5 - .1 + 4.0 - .4 + -7 - .1 + -5 + 1.8 + .7 Machinery + 4.4 + 3-2 + .7 - .2 -8.5 +13.7 + -5 —1 .2 + .5 - .4 Transportation equipment - 1.8 .4 + 4.7 - .1 - -5 - 5-5 - .3 - -3 Other fabricated metal products +1.4 + 1-3 + .2 + .9 - .3 + .1 + 9.0 + 1.2 + .7 + .1 Other durable goods + .4 - 1.2 - .8 + .6 +1.4 - 3-8 - .9 -1.7 - -3 + -5 * * mm mm Nondurable goods manufacturing: Food, liquor, and tobacco Textiles, apparel, and leather Petroleum refining Chemicals and rubber Other nondurable goods + 2.1 -11.4 +19.5 + .5 + 7-6 + -9 +14.4 -1.1 - -7 +18.1 + .6 - 1.4 +2.4 + 4.1 -1.1 - -5 + .1 - .1 + .6 + .7 - -5 + .7 - 1.3 Mining, including crude petroleum and natural gas + 31.4 + -3 + 1-7 + .1 Commodity dealers Other wholesale Retail + 11.0 + 4.6 + 1.8 + .6 + 6.7 +1-9 - 1.7 - .8 + 9-1 Transportation,, communication, and other public utilities - 15.9 -1.1 -.3-5 Construction + + .9 + 7 .1 + .6 +3-6 All other types of business, mainly services + 48.q - .4 +14.P Net change in classified loans!/ +119.8 Unclassified changes - net Net change in commercial and industrial loans Trade: + -3 + — .1 + + -7 + -3 .1 .7 .3 .1 — — + + + - 1.0 3-2 .4 2.8 2.1 + .8 -3.3 + .1 + .2 +1.9 + + - + .2 + -5 +20.9 — + .1 + .6 + 7.4 - +4.3 + .1 +2.1 —1.8 + 5-3 +1.4 - .6 +1.0 - 4.9 - .2 +2.7 -5.0 + .6 + 3-8 - -5 -3-5 + >3 + .2 —2.6 - .3 +3-1 -3.4 + —1.6 +3-2 - -7 -5 .4 + .8 -7-2 + .8 + *3 - 3-4 + *3 + .4 + -5 - 4.3 -l4.8 +2.3 - 1.2 +1.4 — .2 +2.1 + 2.8 .6 - .3 +1 -Q +16.2 +1.3 + 1.6 +2.1 -1.1 - .3 +11.0 + 2.1 -3.1 +80.4 +5.8 -1.4 + .5 +2.3 +22.7 +1.7 +3-2 +1.8 +16.6 -10.7 + 30.2 +4.1 + 1.6 +1.2 + .4 + .5 + -7 + 7.3 +1.3 -2.2 +1.2 + .4 +13.7 +150.0 +1.0 +82.0 +7.0 -1.0 + 1.0 +3-0 +30.0 +3.0 +1.0 +3.0 +17.0 + 3-0 4.0 mm mm + .1 + - -3 .8 6.1 4.6 1.8 -9 1.2 + .6 -2.2 - •1 + .1 - .2 Kansas San FranCity Dallas cisco 2/ +2.7 - .1 - - — + .6 .1 .2 .1 .5 + 1.2 - -3 - -3 - .4 + .1 -10.9 + 2.0 + .1 - .2 •3 .4 + 4.3 - -9 . - 5-3 + -5 p/ Preliminary; final "totals will appear in the F- R. Bulletin and San Francisco District final figures appear in a release of the Reserve Bank. 1/ for About 200 weekly reporting member tanks are reporting changes in their larger loans as to Industry; these "banks hold about 95 per cent Digitized FRASER of total commercial and industrial loans of all weekly reporting member banks and about 70 per cent of those of 1 commercial "banks.
@FedFRASER