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FEDERAL

;o c y
f o/
HI

statistical

RESERVE

release

f*4L RE**.

For immediate release
September 19; 1962
CHANGES IN COMMERCIAL AND INIXJBTBIAL LOANS BY I8D0STKY

H.12

Commercial and industrial loans increased a net of $198 million at weekly
reporting member tanks during the week ended September 12,
The principal net increases were $68 million in loans to transportation,
communication, and other public utilities, $32 million to "all other" types of
business concerns, $30 million to commodity dealers, and $42 million to unclassified
borrowers.
The largest offsetting net decrease was $38 million in loans to manufacturers of transportation equipment.
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
Nondurable goods manufacturing:
Food, liquor, and tobacco
Textiles, apparel, and leather
Petroleum refining
Chemicals and rubber
Other nondurable goods

Cumulative since mid-year
Week
June 27, 1962 June 28,1961
to
.
to
ended
1QL!
Sept, 12B/
a m L ,12, 19&F
(la million* of dollars)
-

8

- 1
- 38
+ 13
+ 5
+ 24
+15
+ 5
- 17

I/-351
l/n.a«

5

+ 5
+134
—)
-151)
- 5

1/-153

- 26

+

Mining, including crude petroleum
and natural gas
Trade: Commodity dealers
Other wholesale
Retail

- 56
- 30
-102)
- 36)
+123

1/+ 18

+ 65
+ 86
l/n.a.

+ 30
+ 13
+ 3

+ 91
+ 52)
+ 3)

+104

+ 68

+ 6

+157
+ 8

-105
+ 33

+ 32

- 14

+175

Net change in classified loans
Unclassified changes - net

+157
+ 42

+151
+ 77

- 52
+ 11

Net change in commercial and
industrial loans

+198

+228

- 4l

Transportation, communication, and
other public utilities
Construction
All other types of business,
mainly services

+ 74

g/ Preliminary.
n.a. - Not available.
l/ Because of reclassifications as of September 27, 1961, many categories are not
strictly comparable with prior data.




H.12(a)

CO

3

CHANGES 3 1 COMMERCIAL AND INDUSTRIAL LOANS OF A SAMPLE OF WEEKLY REPORTING MEMBER BANKS
3
BY INDUSTRY AND FEDERAL RESERVE DISTRICT, WEEK ENDED WEDNESDAY, SEPTEMBER 12, 1962
All DisNew
Phila- Cleve- RichSt. Minne- Kansas
San FranBusiness of Borrower
tricts 2/ Boston York delphia land
mond Atlanta Chicago Louis apolis City Dallas cisco 2/
(In millions of do]
Durable goods manufacturing:
— —
Primary metals
- 8.2 - .1
- .6 + *3
+ .2
+ .1 4" . 6
- 8.7
Machinery
+ 4.5
+1.5
- 1.3 +2.4
.1
-4.0
- .4 + .2
- 2.7
- *3
- .7
-1.7
+ .4
- 38.0
-25.6
Transportation equipment
- .1 4 . 2
- 2.8
-7.8
—1.6
- .8
+
«1
+ .6 +3*8
+ 13.1 - * 8
Other fabricated metal products
+ 5.3
+ »3 - # 2
- .1
+ .2 + .3
+ 3.7
+1.7
-1.7
+ 4 . 5 +1.7
Other durable goods
- 1.3 + .1
- .1 + .1 + .8
+ 1.8
+1.1
- »3 + .9
- .3
w w

mm mm

mm mm

MM.

Nondurable goods manufacturing:
Food, liquor, and tobacco
Textiles, apparel, and leather
Petroleum refining
Chemicals and rubber
Other nondurable goods

+ 24.3
+ 14.8
+ 5.1
- 16.8
+ 5.4

Mining, including crude petroleum
and natural gas

+

Trade:

Commodity dealers
Other wholesale
Retail

2.2

+2.7
+ .9
-

.1

+ .7
+ .8

- -

- 3.4
+ 6.2
+ 2.4
-17.2
+ 4.0
+

.5

+2.9
+1.3
- .5
+ .5
+1.2

--

+ .2
+1.1
- *3
—

+

+1.9

-9 +1.5
.9 + .9
- .1
.2
.2 + .2
mm mm

- -

- -5

+10.2
+ 3.9
+ 1.2
+ .5
+ 1.1

+ .4
+ .3
- .1

- .1
+ .3

+

-

.3

— • .6

.3

- -

+
+
-

.2
.1
.6
.1
.1

- .5
+1.3
+ .3
+1.2
+ .2

+11.5
- .4
+ 1.7
- 2.4
- 2.2

+ .7

-1.3

+ 1.5
+ 5-3

+ 2 9 . 5 -1.0
+ 12.8 +1.2
+ 3 »l -4.7

+ 5-9
+ 6.1
+16.7

-3.2
- .3
+ .1

- *3
+1.4
- .2

+ 4.3 + .8
+ .3 +1.2
- 2.2 -1.9

+10.6
+ .9
- .2

+2.3
-1.0

+4.0
+ .9
+2.4

- .5
- .2

+3.8
+1.8
-2.0

Transportation,, communication, and
other public utilities

+ 67.7

-4.7

+51.8

- .9

+3.7

+ 1.6 + .1

+10.2

+1.1

+ .4

+ .9

+1.8

+ 1.7

Construction

+

6.2

-5.2

+

.8

+2.5

+3.5

+

.6 +1.4

-1.2

+1.2

+

+2.3

+ .5

-

All other types of business,
mainly services

+ 32.1

- .8

+23.0

-1.0

- .4

-

.8 - .7

+ 6.7

+4.3

+ .8

+ .3

-2.3

+ 3.0

Net change in classified loans!/

+156.5

-7.0

+79.1.

+5.5

+6.4

+ 2.3 +3.6

+34.6

+7.5

+7.4

+1.8

+3-4

+11.9

Unclassified changes - net

+ 41.5

+9.0

+ 2.9

+1.5

-6.4

+ 9.7 +1.4

+ 6.4

+ -5

+1.6

-1.8

4-

.6

+16.1

Net change in commercial and
industrial loans

+198.0

+2.0

+82.0

+ 7.0

+12.0

+41.0

+8.0

+9.0

4-4 * 0

+28.0

--

+5.0

-

*2

*2

- -

-

3-0

- 3-7

.4

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/ About 200 weekly reporting member banks are reporting changes in their larger loans as to industry; these hanks hold about 95 per cent

of total commercial and industrial loans of all weekly reporting member banks and about 70 per cent of those of all commercial banks.