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release

For Immediate release
September 25, 1963
H.12

CHANGES IN COMMERCIAL AMD INDUSTRIAL LOANS BY INDUSTRY

The net increases of $366 million in commercial and industrial loans at weekly
reporting member banks during the week ended September 18 included increases in all but
three of the industrial classifications, reflecting quarterly tax date needs.
The principal net increases were $70 million in loans to transportation, communication, and other public utilities, $57 million to manufacturers of transportation
equipment, $43 million to commodity dealers, $4l million to manufacturers of food,
liquor, and tobacco products and $38 million to manufacturers of machinery.
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. 18,19632/ Sept. 19,1962
Sept. 18B/ _
1}
(in millions of dollars

+ 22

2

+ 3
+ 1
-ill
+ 2
+ 3

+ 41

+ 99

+ 38
+ 57

+ 19
-

- 50

+ 13

- 16

- 34
+137

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

+

1

+ 58

+

Mining, including crude petroleum
and natural gas

-

5

+ 37

- 16

+ 43
+ 9
+ 11

+213

+ 76

- 39

+ 59
+ 32

Trade:

Commodity dealers
Other wholesale
Retail

- 22

+ 22
+ 6

+132
+ 28
- 51

- 65

:l
ii
- 2
-152
1

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

+ 70
+ 24

+ 75

- 90

+206
+ 32

+ 13

+ 31

- 14

Net change in classified loans
Unclassified changes - net

+ 18

+348

+328

+4 66

Net change in commercial and
industrial loans

+366

p/ Preliminary.




- 23

+ 62

+305

+527

H. 12(a)

CHANGES IS COMMERCIAL AND INDUSTRIAL LOANS OF A SAMPLE OF WEEKLY REPORTING MEMBER BANKS
BY INDUSTRY AND FEDERAL RESERVE DISTRICT, WEEK ENDED WEDNESDAY, SEPTEMBER 18, 1963
St.
MinneAll DisNew
Haila- Cleve- RichBusiness of Borrower
mond ' AtlantaChicago Louis apolis
tricts eZ Boston York delphia land
Liars)
(In millions of do]
Durable goods manufacturing:
Primary metals
+ 21.8
+ 1.6 + 13.3
+ .4 + 1.2
2.1 + 5-7
Machinery
+ 37-8
+ 6.7 + 19.0
.4 + 2.0
.1 - -3 + •7.1 + .4 + 1.1
Transportation equipment
+ 57.3
+ 1.0 + 27-3 + 4.8 + 1.6
.1 - .1 + 4.7 + -5 + • 5
Other fabricated metal products
+ 18.9
+ 13.6 + .1 + 1-9 + •7 + -3 + .6 + -5
.8
Other durable goods
+ •3
- 1-9
- -5 - .8 -1.2
.7 + 1-5 + 2.4
—• mm

mm mm

—

—

mm mm

-

—

M mm

-

Nondurable goods manufacturing:
Food, liquor, and tobacco
Textiles, apparel, and leather
Petroleum refining
Chemicals and rubber
Other nondurable goods
Mining, including crude petroleum
and natural gas

+ 40.7

21.5
+ 21.9
+ 5 -6
+ 1.2
-

— -

Kansas
Sacl FranCity Dallas cisco 2/

+ -3
+ .5
+2.2
+1.0
+ .1

+
+
-

.4
.1
.1
.2
.2

+ 1.0
+ 1-9

+14.8

+ 1.2
- 2.8

.6 1-3 + 4.6
2.3 + l4.i + 1.2
2.4
1.0
15.7
•9 + 2-7 - 1.9
+ 6.5 + 2.1 + .2
- .2
+ 3-5 +
•9 + 1.4 + .1 + .6
+ 2.1
+ -3
•9 + •7
•7

+ 9-1
+ .9
+10.3
- 1.2
- .4

+2.2
+ -7
+ .6
- .2
- -3

6.1 + -9
.1 -1.4
+ 2.3 - .1
+ .1
+ .3 - .1

+1.6
- .2
+ .2
- .2

+ 6.3
+ 5-4
- 2.1

+4.5 + 4.0 - *9
-1-5
.3 +1:0
4 2.2 - .9
+1-5 '

+ .9
+ .6
+ .4

+ 1.4
- 3-2 .
+ 1-9

+12-3

+ .7

4 1.3 +3.7
-

- .5

+ 6.1

- ' .8 + -7

4 .2 - .6
-

+3.5

+ 1.1

—

-

—

-

-

-

+
-

-

—

+ 5-1

2.2

+
+

.6
.2

4.5

Trade: ,Commodity dealers
Other wholesale
Retail

+ 43.0
+ 9-2
+ 11.2

+ 2.4 + i4.i + 1.6 + .8 + 1.6 + 6.3
+ 1.6 + 9.3
.2
•9
•7 - 1-9
+ 2.2 + .2 + 2-3 + 1.4
+ 1.5 +
.6

Transportation, communication, and
other public utilities

+ 70.0

+ 1-5 + 31.5

Construction

+ 24.1

- 1.5

All other types of business,
mainly services

+ l?.l

-

+

.3 +

5.0

-

+ 5-8
-

-

.1 4 8.0

•3

.1 + 2.1 +13.9 + ' .6

1.9 4 1.4

.4 -17 A

+

-

.7

+ 8.5

- -9

4 3.4 + .1
-

+3.3

+12.8

Net change in classified loans!/

+347-9

+11.8 +140.5 +17.4 +13.7 +10.2 +11.0

+6l .1

+8.2

+20.3 +5 *6

+8.8

+39-3

Unclassified changes - net

+ 18.1

+ 2.2

2.5 + 5.6 + 6.3 - 3-2 + 1.0

- 2.1

- .2

4 .7 —l .6
-

+ .2

+11.7

Net change in commercial and
industrial loans

+;
366.O

+14.0 +138.0 +23.0 +20.0 4 7.0 +12.0

+59-0

+8 • 0 +21.0 +4.0

+9.0

+51.0

-

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 banks hold about 95 per cent

of total
http://fraser.stlouisfed.org/ commercial and industrial loans of all weekly reporting member banks and about 70 per cent of those of * n commercial banks.•
Federal Reserve Bank of St. Louis