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F E D ER A . ••-ofjXH-f. a g e s 'statistical release G. 18 August 5, 1968 CONSUMER INSTALMENT CREDIT AT COMMERCIAL BANKS ' JUNE 1968 Consumer instalment credit outstanding at commercial banks was up $530 million in June, the second consecutive month of near record expansion. Although all major types of credit were substantially larger than at the end of May, automobile credit, especially purchased paper, contributed the major part of the. total increase : Loans made during Jtm&-_showed a decline of $213 million, attributable largely to differences in number of business days and in seasonal expectations. Both automobile and other consumer goods loans were in considerably larger volume than in June 1967, while personal and repair loans showed little change. . Consumer Instalment Credit at Commercial Banks (Estimates, in millions of dollars) Type of credit Automobile paper, total Amounts outstanding Change from: Month Year . ago ago June 30, 1968 Volume extended Change from: Year Month ago ago. June 1968 JL9,144 +321 +1,328 1,656 - 93 + 84 12,043 7,101 +202 +119 + + 629 1,034 699 622 54 - 39 + 59 + 25 Other consumer goods Home repair and modernization 6,172 + 96 + 741 557 - 33 ! + 76 Personal loans 2,502 8,162 + 23 + 90 + 3 948 134 810 - 10 - 77 +530 . +3,014 3,157 -213 r1 ! +153 . Purchased Direct ' TOTAL 35,980 1 - 8 Federal Reserve District: Boston New York Philadelphia 1,585 4,495 2,161 + 24 + 56 + 31 + + + 137 236 206 146 384 181 - 16 - 38 - 15 ! - 5 i + 16 | Cleveland Richmond Atlanta • 2,957 2,730 3,572. + 48 + 40 + 51 + + + 272 253 542 248 243 319 - 28 - 13 22 + 6 + 33 + 4 Chicago St. Louis Minneapolis 5,223 1,701 1,174 + 91 + 29 + 27 + + + 263 132 123 473 148 117 - 27 + 4 + 2 + 31 + 5 + 3 2,036 2,312 6,034 + 22 + 27 + 84 + + + 263 261 326 178 196 524 - 16 - 21 - 23 - 3 + 12 + 48 Kansas City Dallas Digitized San FRASER for Francisco .
