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F E D E R A L R s t a t i s t i c a l E S E R V E ^ r e l e a s e G. 18 December 6, 1973 CONSUMER INSTALMENT CREDIT AT COMMERCIAL BANKS OCTOBER 1973 Consumer instalment credit outstanding at commercial banks amounted to $68,627 million at the end of October, an increase of over $700 million from September 30 All major types of outstanding credit expanded during the month with automobile paper accounting for nearly half the total increase. ' Instalment loans made to consumers in October were $793 million above the September volume. A substantial portion of the increase was due to gains in credit card "and automobile paper . Consumer Instalment Credit at Commercial Banks (Estimates, in millions of dollars) Amounts outstanding Volume extended: Chang Change from: Type of credit Oct. 3 1 , Month Year Month Year 1973 1973 ago ago ago ago Other_ consumer goods: Credit cards Mobile homes Other Home repair and modernization loans Personal loans: Check-credit Other Total +339 + 4,855 2,635 +505 +344 +237 +102 + 3,127 + 1,728 1,611 1,024 +307 +198 +243 +101 5,991 7,106 6,012 3,950 2,060 12,123 + 82 + 1,209 +150 + 1 , 5 1 6 + 34 + 959 395 + 47 + + 33 + 339 + 24 + 1,088 1,224 " 348 " 455 216 274 1,017 +146 + 30 + 1 + 14 + 17 + 80 +331 + 63 + 66 + 21 + 58 + 62 68,627 Purchased 31,385 19,123 12,262 Automobile paper, total +709 +10,361 6,169 +793 +945 32 + 358 60 + 940 69 + 733 64 + 827 67 + 1 , 3 2 2 76 + 1 , 3 0 3 256 685 347 431 626 707 + + + + + + 36 83 54 67 71 57 + 36 + 91 + 78 + 77 +112 + 92 +129 + 55 + 29 + 36 + 48 +128 +181 + 39 + 9 + 11 + 71 +148 . ; Federal Reserve District: . Boston New York Philadelphia Cleveland Richmond Atlanta . Chicago St^Louls Minneapolis • Kansas City Dallas . .San Francisco . - ' 2,652 7,761 4,093 5,191 7,120 7,842 + + + + + + 9,093 3,65-' 2,018 4,022 4,297 10,884 +148 + 42 + 15 + 19 + 14. +103 + 1,376 + 542 + 222 + 609 + 568 + 1,561 846 302 150 359 396 1,064 "
