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BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM 1 0.18.1 CONSUME INSTALMENT CREDITS OF C O I M ® # ! (BANKS ieDe*4, ®L 1S ®4 Consumer instalment, credit outstanding at corranePft-al banks at. the end of October amounted to million dollars, practically unchanged from the preceding month, A decrease in automobile credit nearly offset the effects of gains in all other types of credit. Outstanding balances on October 31 were about 5 per cent below the year-ago level* The volume of credit extended increased 9 per cent in October and showed a year-to-year rise of 15 per cent. CONSUMER INSTALMENT CREDITS OF COMMERCIAL BANKS, OCTOBER 1951 (Estimates» In millions of dollars) Amounts outstanding Volume extended Type of credit Automobile retail Purchased paper Direct loans Other retail Purchased and direct Repair and modernization loans Personal instalment cash loans 119.8 123.3 166.0 132.2 1,010 926 1,191 126.2 166.2 l,oou 1,282 905 1,181 i,io5 911 66.8 191.2 173.U 682.2 Total Federal Reserve District: Boston New York Philadelphia 250 988 335 129.7 Cleveland Richmond Atlanta Chicago St. Louis Minneapolis Kansas City Dallas San Francisco p—Preliminary. / A)'31 1,130 232 310 1,128 1,206 120.3 # G.18.1 — 2 •* CONSUMER INSTAIMENT CREDITS OF COMMERCIAL BANKS BY TYPE OF CREDIT (Estimates. In millions of dollars) Year and month Total Automobile retail Other retail Repair & Personal purchased modern- instalPurchased Direct and direct ization ment cash Outstanding at end of period: 1911 191*2 1913 19l*l* 1915 1916 19l7 191*8 19l*9 1950 1,691 81*5 516 557 7l*2 1,591 2,701 3,563 U, 1*16 5,61*5 1*11 136 51* 55 61* 165 31*6 570 851* 1,11*3 310 123 79 96 139 306 536 736 915 1,223 288 11*3 < 68 75 100 275 523 751 922 1,267 231* 151* 89 81* 12k 273 5oo 636 781 905 1*51 289 226 2h7 315 572 796 870 91*1* 1,107 1950 - September October November December 5,685 ,5,726 5,661 5,61*5 1,177 1,180 1,159 1,11*3 1,251 1,251* 1,231* 1,223 1,258 1,282 ' 1,261 1,267 891 905 907 905 1,108 1,105 1,100 1,107< 1951 - January February March April May June July August September p October p 5,610 5,5305,516 5,1*90 5,1*89 5,1*81 5,1*30 5,1*72 5,1*1*0 5,1*1*3 1,116 1,096 1,079 1,072 1,083 1,090 1,086 1,097 1,105 1,090 1,219 1,222 1,232 1,21*2 1,21*8 1,21*6 1,230 1,21*0 1,239 1,226 1,268 1,217 1,190 1,153 1,123 1,098 1,068 1,059 l,oob 1,010 890 877 87U 875 882 883 886 899 911 926 1,117 1,118 1,11*1 1,11*8 1,153 1,161* 1,160 1,177 1,181 1,191 152 123 91 9h 17k 132 101 117 211 75 71 55 18 170 155 II46 162 1*7 111 51 56 65 177 153 195 173 Volume extended during month: 1950 - September October November December 1951 - January February March April Hay June July August • September October p p—Preliminary, 782 61*7 517 562 606 536 638 625 683 166 12l ll*l 98 666 6U2 738 682 7hh 61* 4L 62 67 82 180 181 178^ 188# 173 191
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