View original document

The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.

C.<c^CJL3r,

FEDERAL
statistical

RESERVE

release

G. 18.

August 5 , 1964
CONSUMER INSTALMENT CREDIT AT COMMERCIAL BANKS
JUNE 1964

- Consumer i n s t a l m e n t paper h e l d by commercial banks a t t h e end
of J u n e t o t a l e d $22,907 m i l l i o n , up $348 m i l l i o n from a month e a r l i e r .
.There were May-to-June i n c r e a s e s i n a l l t y p e s , o f l o a n s o u t s t a n d i n g , but
automobile c r e d i t accounted f o r more t h a n t w o - t h i r d s of t h e t o t a l r i s e .
Extensions of i n s t a l m e n t c r e d i t by banks amounted t o $2,247
m i l l i o n i n J u n e , up $103 m i l l i o n from t h e May t o t a l and more than o n e - t e n t h
above t h e volume a y e a r e a r l i e r . The June i n c r e a s e i n c r e d i t e x t e n s i o n s
was g e n e r a l among t h e v a r i o u s types of p a p e r .
Consumer I n s t a l m e n t C r e d i t a t Commercial Banks
\
( E s t i m a t e s , i n m i l l i o n s of d o l l a r s )
Volume extended
Amounts o u t s t a n d i n g
Changei from:
Change from:
Type of c r e d i t
June 30, Month
Year
Year
Month
1964
1964
ago
ago
ago
ago

Other consumer, goods paper
Repair and m o d e r n i z a t i o n l o a n s
P e r s o n a l loans
Total

-1-249

+1,459

1,174

+ 35

+157

-XL 61
+ 68

->1,005
454

760
_ 414

+ 36
- 1

+113
+ 44

3,205
2,355
5,170

. + 13
24
+ 62

232
69
545

314
146
613

. + 14
+ 7
+ 47

20
+ 4
+ 5.6

22,907

Purchased"
Direct

12,177
7,854
4,323

Automobile p a p e r , t o t a l

+348

-.'•2,305

2,247

+103

+237

F e d e r a l Reserve D i s t r i c t :
Boston
New York
Philadelphia

1,129
3,584
1,462

+. 17 .*
+ 34
25

92
368
131

113
.342
132

+
+

2
6
5

+ 15
+ 30
+ 15

Cleveland
Richmond
Atlanta

1,582
1,812
1,750

-i- 32
+ 31
14

165
202
86

157
176
186

+ 10
12
+ 4

17
+ 23
- 3

Chicago
S t . Louis ^
Minneapolis

3,387
1,099
679

68
+ 13
14

362
122
61

338
98
69

+

17
6
1

39
8
+ 12

1,148
1,338
3,937

19
13
+ 68

-i- 115
148
453

119
131
386

+ 5
+ 12
+ 35

+ 13
+ 10
58

i

Kansas C i t y
Dallas
San F r a n c i s c o