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F W s t a t i s t i c a l E D E R A L R E S E R V E r e l e a s e m, G.1.8 December 6, 1966 CONSUMER—fNSTALJ .MENT^RED: AT COMMERCIAL BANKS CREDIT^ OCTOBER 1966 Consumer instalment credit held by commercial banks increased . 1 j > million in October to $31,878 million at the month-end. Automobile paper, $0[ which customarily increases after new model introductions, accounted for more than one-half of the total expansion. Other consumer goods paper continued to increase but at a less rapid rate than'in the past six months. The October increase of $98 million in loan volume was attributable to the seasonal expansion in automobile loans." The volume" extended on all other types of instalment credit were somewhat below the totals for September. Consumer Instalment Credit at Commercial Banks (Estimates, in millions of dollars) Type of credit Automobile paper, total Purchased Direct Other consumer goods Home repair and modernization Personal loans Amounts outstanding Change from: Year Month ago Oct. 31, 1966 Volume extended Change from: Year Month ago ago ' Oct. 1966 17,485 + 59: +1,796 1,364 +200 +23 11,353 6,132 + 40 + 19 +1,234 + 562 881 483 +116 + 84 +18 + 5 * 4,910 + 46 + 785 405 - 29 +27 1/ + + 43 636 116 635 - 12 - 61 -13 - 5 2,520 + 98 +32 2,593 6,890 - 5 31,878 +100 +3,260 1,415 4,247 1,906 1/ - 23 + 8 + + + 98 210 136 110 298 138 + + - Cleveland Richmond Atlanta . 2,519 2,458 2,799 + 17 + 4 + 22 + + + 411 179 381 193 190 275 1/ + 5 + 13? | Chicago St. Louis Minneapolis 4,934 1,469 997 + 21 + 1 + 6 •+ + + 477 115 135 382 107 81 + 41 - 5 - 6 i Kansas City Dallas San Francisco 1,625 1,970 5,539 + 10 + 14 + 20 .+ + + 170 231 717 140 169 437 + 10 + 19 + 21 ! + 7 , + 1 +29 TOTAL Federal Reserve District: x Boston New York .Philadelphia 1/ Less than 0.5 million. 2 2 4 - 5 -21 • + 6 | +15 + 1 | +23 -31 | + 4 + 3
