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statistical

H.12

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release

For immediate release
September 6, 1961
ffgAwntg TH nnmmanrkr. AND UDOSTRIAL LOABB BY D P M B I B I

A net decrease of $8l million in loans to manufacturers of metals and metal
products was the principal cause of the net decrease of $45 million in commercial
and industrial loans at weekly reporting member banks during the week ended August 30.
The larger offsetting net increases were $44 million in loans to manufacturers of food, liquor, and tobacco products and $32 million to commodity dealers.
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.

Business of Borrower
Manufacturing and wining:
Food, liquor, and tobacco
Textiles, apparel, and leather
Metals and metal products
Petroleum, coal, chemicals,
and rubber
Other manufacturing and mining

Week
ended
Aug. 30 2/

Cumulative since mid-year
June 28, 1961
June 29, I960
to
to
Aug. 30, 19612/ Aug. 31, I960
(in millions of dollars)

+44
- 3
-81

- 4
+ 71
-316

- 1
-12

-191
6

- 90
+ 31

Trade—wholesale and retail
Commodity dealers
Public utilities and transportation
Construction
other types of business

+12
+32
+11
- 9
-12

+ 37
+139
-142
+ 28
+132

- 78
+ 74
-125
+ 25
+ 60

Classified changes - net
Unclassified changes - net

-19
-26

-251
- 65

,-4ll
E/-266

Het change in commercial and
industrial loans

-45

-316

I/-677

-

-

2

+115
-420

jo/ Preliminary
rj Revised to eliminate adjustments in series since July 8, 1959, for mergers of
nonreporting banks with reporting banks.




H.12(a)

-

CHANGES IN~ COMMERCIAL AND INDUSTRIAL LOANS OF A SAMPLE OF WEEKLY REPORTING MEMBER BANKS
EAT INDUSTRY AND FEDERAL RESERVE DIS5KICT,
WEEK ENDED WEDNESDAY, AUGUST 30, 19&L

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

All Districts £/ Boston
+43.8
- 2.9

+ 2.0

-80.9

- 9.4
- 1.9

- 1.2
-11-9

M

+

New
York
+30.3

.6 — 1.6

- 1.2
- 1-9

-52.6
- 1.8

St.
Phila- Cleve- Richdelphia land
mond Atlanta Chicago Louis
(In millions of dollars)

+ .1
+ -5
+1.3

+ 1.3
+

.1

—15.4

+1.4
— .1

+4.0
-2.4

+1.0

— .6

— .8
— 2.8

+

.7

- 5-6

+2.3
- .6

—

.4

— .2

+11.9
- 3.7

- .2
+1.5

+

+

.8

-.1.2
+

.8

—

+ 4.7

+

.8

— 4.7"

+ ] .1
_

- .1
-1.0

- 3-3

+1.4
+ -5

+ 5-8
— 2.0

+1-3
+1.0

- -3
- -3

+ 3*o

- -3

+ 1.8 -3-0

+

Public utilities (including transportation)

+11.2

+ 1.1 + 8.5

+ .1

- 5-8

+

.2

+3-2

+ 3-7

Construction

- 9-4

- 1-7

- 4.2

- .6

+

.6

- 2.2

- -7

- 3-6

All other types of business

-11.9

- 2.9 -17.2

+ .8

- 1.7

+ 2.6

+3-3

+ 7-2

-19.2

- 9-2

-15.9

+5-5

-24.2

+ 3.7

+8.2

"-25.8

- 3-8

— 6*1

-1-5

- 4.8

-10.7

-13.0 -22.0

+4.0

-29.0

-7-0

Unclassified changes - net
Net change in commercial and
Industrial loans

-U5.0

- -9

-2.3

+1.1

+ .8

+ .6

-2.0

+1.2

+ .2

- .8

+ 6.1 +20.1

Net change in classified loans l/

.]
_

- -3

+32.2

-7

+1-3

- -9

— 1.4

Commodity dealers

-3

San FranMinne- Kansas
apolis City Dallas cisco j>/

- .2

Not

+ -3
- .4

-1.5

h

8

avail -

)

+1 • 3 +2.6

' - .4

+ .1

+ .1

-l.o

- .1

+4.1

-9

- -5

- -5

-2.1

+13.4

-3.9

-1.1

-3.2

+7-5

- .2

+ 2.6

+ -9

-1.9

+ .2

- .5

--

+8.0

+16.0

-3.0

-3-0

-3.0

+7.0

--

- -

—

able

2 / Preliminary; final totals will appear in the F. R. Bulletin and San Francisco District 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.