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G.18

February 4, 4965

- .

CONSUMER INSTALMENT CREDIT AT CCI-2-IERCIAL BANKS
'

:

DECEMBER 1964

- Consumer instalment credit held by commercial banks at the end
D£ December is estimated at £23,943 million, $263. million higher than„on .
November 30. All types '.of credit showed substantial increases except
repair and modernization loans which usually decline moderately in December.
Loans of every type were up from December 1963, the rise for all types
combined totaling f2,333 million.
The volume of instalment credit extended during December was up
about $300' million from the preceding month and showed a similar gain over
the December 1963 volume. Increases were registered in all -Federal Reserve
Districts.
Consumer Instalment Credit at Commercial Banks
(Estimates, in millions of dollars)
Type of credit

Automobile paper, total
Purchased
Direct
Other consumer goods paper
Repair and modernization loans
Personal loans

Amounts outstanding
1 Change from:.
Month
Year
ago
ago

Dec.31,
1964
12,751

8,300
4,4-51 '

+116

+1 ,502

1,061

+128

+171

+ 58
+ 58

+1,054
+ 448

653
408

+ 57
+ 71

+105
+ 66

+

382
109
624

+ 93
8
+ 90

+ 63
+ 3
+ 50

2,176

+303

+287

3,;60
2,427
5,385

+ 99
. - 11
+ 59

23,943

+263

+2 ,333

1,145
3,706
1,535

+ 3
+ 56
+ 14

+

.. Cleveland Richmond
Atlanta

1,662
1,682
1,799

Chicago
St. Louis
• Minneapolis

3,587
1,135
724

Total

Volume extended
Change from:
Year
Month
1964
ago
ago

+

257
66
5C8;

Federal Reserve District:
Boston
New York
Philadelphia

Kansas City
Dallas
San Francisco
FRASER

Digitized for


1,197
1,417
4,154

100
344
129

+

+

79
313
144

15"
59
+ 19

+ 9
+ 38
+ 15

+ 17. +
+ 8 +
+ 26 t

169
194
118

140
164
195

+ 17
22
+ .22

+ 22
+ 19
+ 17

. + 39 +
+ 16
+ 9 +

367
107
88

324
103
68

+ 48
18
8

+ 60
+ 21
+ 15

120
152
462

110
140
359

+

+ 14
37
+ 24

+ 7
+ 28
+ 36

+ 14
+ 26
+ 55

+

+
+4-