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pnAPT> OF Q07ERHQRS OF THE FEDERAL RESERVE SYSTEM % 22 (For Immediate Release) September 28, 1$60 CHfrwrrag in COMMERCIAL AMD IMXJBTOIAL IAA58 BY IHBOBIKY Commercial and industrial loans increased in all "but one district and a net of $265 million at all reporting member banks during the week ended September 21. Except for a decrease of $28 million in loans to manufacturers of textiles, apparel, and leather products^ all categories showed net increases. The larger net increases were $101 million in loans to public utilities, $67 million to manufacturers of metals and metal products, $48 million to manufacturers of food, liquor, and tobacco products, and $36 million to "other" types of business concerns. 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. ative since mid-year Week ended 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 Trade—wholesale and retail Commodity dealers Public utilities and transportation Construction other types of business Classified changes - net Unclassified changes - net Bet change in commercial and industrial loans 2/ Preliminary Sept. June 29, i960 Sept. 21, 19602/ Sept. 23, 1959 (In millions of dollars) + to - 28 + 67 +111 +107 -322 +219 +147 -114 +106 +131 + 12 + July^1, 1959 7 + 19 + 21 +101 + 10 + 36 +293 - 28 +265 - 73 +894 1.12(a) , mrAWflgg tw G0MMERCIA1AMD HffiUBTOIAL LOANS OF-A-SAMPUB OF VKBKLT REPORTING MEMBER BANKS by n r o u s r a r and ywsbr&jsbsesne district, WEEK ENDED WEDNESDAY, SEPTEMBER 21, i960 Business of Borrower 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 FranSt. Minne- Kansas New Phila- Cleve- RichAll Distriets £/ Boston York delphia land mond Atlanta Chicago Louis apolis City Dallas cisco jg/ (In millions of dollars) +1*1 + 47.9 -"*§7.7 + 67=4 + 11.9 + 7-4 r 4*4 *6 - .1 4- cl + 18.9 16.4 + 2.1 1.9 + o4 ol 4-08 4*1 *9 + 1*8 + 30.6 + 6.6 + 1.0 + 7-3 +1.2 + 1.2 + 1.4 4° 3 -3 4* 7.5 -** -1.4 + 3.2 + 2.2 - 1.4 + 7.3 + 3.0 - 4.4 1.4 1.2 .2 + 2.2 - .1 + 2.6 + 1.1 + 3-1 ' + 6.4 — !+18,7j - -3 +1.3 - Commodity dealers + 21.2 -2.9 + 8.0 Public utilities (including transportation) +100.9 + .7 + 69 0 6 Construction + + .2 + 7-6 + All other types of business + 35.7 -1.1 + 2.4 + 1.4 Net change in classified loans l/ +292.9 =6.2 +125.7 +20.7 Unclassified changes - net - 27.9 - - Net change in commercial and industrial loans +265.0 -7.0 9.5 .8 5-7 +120.0 + 1.0 •3 89 .3 -3 4-15 »9 4* ol + .1 =1.2 + - °3 ol 4- *4 °3 06 ol .2 + .5 *6 + + - -1.1 + 4- .3 + 5.8 .3 - .5 .3 +11.0 *4 .8 •3 + 3-1 + 1.6 + - -9 - .9 +1.3 + *4 =2.6 4* • 9 4- *3 4*5 »8 =* e 1 - .2 + 5.0 + 1.5 4*2 <>2 - .6 — 1.3 - 4.1 ) •9 +4.4 ) + 2.9 +4.2 + 1.0 — 1.0 0 ®1 + 2.1 +22.5 1.5 4* »8 + 1.0 = 2.1 - .2 4* »9 4- *3 + •3 + 1.2 4- 2 . 1 +1.2 + 3.1 - 1.3 4-1.2 4* 01 +6*3 + 6.0 +14.3 4-16*4 +8.2 +l6.2 +49.5 4-6.6 + -5 4-6*4 +11.7 +37-2 -7.2 + - ° 4.7*5 - + -3 -22.2 +1.0 +17.0 4-8.0 +6*0 +12.0 +15-0 .1 + 7-7 - 4* - o a 4- 2 . 2 = 4- .6 +21.0 4-17*0 .8 -5 +49.0 06 4*6.0 *4 jg/ Preliminary; final totals vlll 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 all weekly reporting member banks and about 70 per cent of those of all commercial banks.
@FedFRASER