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FEDERAL

RESERVE

release

IIJ
II
.f*4LK&T*

For immediate release
September 4, 1968
COMMERCIAL AND INDUSTRIAL LOANS OUTSTANDING BY INDUSTRY

Commercial and industrial loans decreased a net of $421 million at
weekly reporting large commercial banks during the week ended August 28.
The principal net decreases were $86 million in loans to retail trade,
$61 million to "other" public utilities, $60 million to manufacturers of
machinery, and $54 million to "all other" types of business concerns.
The larger offsetting net increases were $24 million in loans to
manufacturers of food, liquor, and tobacco products, and $20 million to transportation.

Business of Borrower

Outstanding
Change From Week Ended
Aug. 28,* D /
Aug. 21, Aug. 30, June 26,
Rf
1968
1968
1967
1968
(In millions of dollars)

Durable goods manufacturing - total
Primary metals
Machinery
Transportation equipment
Other fabricated metal products
Other durable goods

12,356
2,047
4,479
1,713
1,884
2,233

-101
- 4
- 60
- 15
- 11
- 11

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

10,078
2,164
2,406
1,527
2,172
1,809

Mining (including crude petroleum &
natural gas)

+
+

933
924
63
177
112
137

-139
+100
- 97
-143
- 22
+ 23

- 20
+ 24
+ 4
- 4
- 46
+ 2

+
+
+
+
+

472
69
234
149
82
102

-233
- 73
+130
+ 41
-340
+ 9

4,614

- 46

+

879

-128

Trade - total
Commodity dealers
Other wholesale
Retail

7,774
1,061
3,130
3,583

+
-

95
22
13
86

.+ 490
20
+ 247
+ 263

-221
- 47
- 27
-147

Transportation, communication, and
other public utilities - total
Transportation
Communication
Other public utilities

8,299
4,936
939
2,424

+
-

66
20
25
61

+1,172
+ 977
60
+ 255

+ 22
- 31
-162
+215

Construction

2,809

+

3

+

240

+ 35

Services

5,491

- 21

+

789

- 52

811

+ 12

-

14

Bankers' acceptances

+
+

—

Foreign commercial & industrial loans

2,557

-

4

-

194

- 34

All other loans

7,142

- 54

+

776

-100

Total classified loans
Total unclassified loans

61,931
6.290

-392
- 29

+5,543
+ 489

-850
-109

Total commercial & industrial loans

68,221

-421

+6,032

-959

P/ Preliminary.
* San Francisco



District classified loans are as of Aug. :
21.

H.12(a)

COMMERCIAL AND INDUSTRIAL LOANS OUTSTANDING AT A SAMPLE OF WEEKLY REPORTING
LARGE COMMERCIAL BANKS BY INDUSTRY AND FEDERAL RESERVE DISTRICT, WEEK ENDED August 28, 1968
(in millions of dollars)
All Dis- Boston New
Phila- Cleve- Rich- Atlanta Chicago
St.
Minne- Kansas
Business of Borrower
tricts
York
delphia land
mond
Louis
apolis
City
12,356
516
5,312
Durable goods manufacturing - total
502
1,205
173
231
2,474
121
117
108
Primary metals
2,047
51
1,093
51
314 - 14
13
356
3
27
5
4,479
220
Machinery
2,040
160
401
34
58
28
973
40
22
1,713
81
Transportation equipment
738
46
139
19
30
264
8
7
13
1,884
76
550
149
208
Other fabricated metal products
38
' 54
522
23
25
32
2,233
88
891
Other durable goods
96
68
143
76
359
35
42
36

+

Dallas
272
31
73
43
65
60

San
.
FranciscoE/*
1,325
89
430
325
142
339

10,078
2,164
2,406
1,527
2,172
1,809

491
84
201
18
78
110

4,799
777
1,261
720
1,271
770

436
71
139
54
74
98

579
76
68
134
170
131

357
39
206
7
51
54

318
91
120
18
44
45

1,412
436
212
208
263
293

219
65
73
9
30
42

131
50
14
18
20
29

111
43
14
23
16
15

213
37
. 25
75
35
41

1,012
395
73
243
120
181

Mining (including crude petroleum and
natural gas)

4,614

38

2,832

74

153

7

52

614

36

6

141

505

156

Trade - total
Commodity dealers
Other wholesale
Retail

7,774
1,061
3,130
3,583

676
74
269
333

2,460
437
979
1,044

377
33
133
211

353
9
181
163

391
53
155
183

455
31
209
215

1,050
90
483
477

198
46
63
89

177
52
46
79

307
38
91
178

259
49
110
100

1,071
149
411
511

Transportation, communication, & other
public utilities
Transportation
Communication
Other public utilities

8,299
4,936
939
2,424

287
126
17
144

4,225
2,507
479
1,239

288
148
47
93

401
221
41
139

295
167
53
75

276
185
20
71

1,126
602
114
410

166
122
15
29

111
68
12
31

121
59
28
34

208
125
20
63

795
606
93
96

Construction

2,809

91

650

176

195

204

240

194

67

57

128

355

452

Services

5,491

465

1,714

416

326

167

283

529

149

125

125

279

913

811

23

400

30

47

14

3

72

1

1

2

21

197

Foreign commercial and industrial loans

2,557

36

1,809

54

57

7

12

242

1

6

—

25

308

All other loans

7,142

87

1,174

5

225

178

87

439

83

2

34

91

4,737

61,931

2,710

25,375

2,358

3,541

1,793

1,957

8,152

1,041

733

1,077

6.290

341

978

200

597

513

533

1,066

221

68

259

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

Bankers' acceptances

Total classified loans
Total unclassified loans

68,221
3,051 26,353
Total commercial and industrial loans
2/ Preliminary. Final totals will appear in the F. R. Bulletin.
*

Classified loans are as of August 21.




2,228 :
10,966
487

1,027

4,138 2,306
1,262
2,558
9,218
11,993
801
1,336
2,715 :
2,490
San Francisco District final figures appear in a release of that Reserve Bank.