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[ary 7, 1970
CONSUMER INSTALMENT CREDIT AT COMMERCIAL BANKS
i

NOVEMBER 1969

. Consumer instalment credit outstanding at commercial banks increased
.
.
$41 million in November to $40,047 million at the month-end. Increases in direct
automobile and other consumer goods paper were partially offset by small declines in
other types of indebtedness . However, all types contributed to the increase of nearly
$3.5 billion from November 30, 1968.
"
The volume of instalment loans made to consumers declined from October
to November as is usual at this time of the year. Other consumer goods loans made' in
November were larger than in the corresponding month of 19^8, while those of other
types showed small declines . The total amount extended in November was slightly
below the year-earlier volume.
Consumer Instalment Credit at Commercial Banks.
(Estimates, in millions of dollars)

Type of credit

Amounts outstanding
Chang, from:
e
Nov. 30,
Month Year
1969
ago
ago

Automobile paper, total

TOTAL

Volume extended
Change
Year
Month
1969
ago
ago

20,501

-10

+1,248 1,364

12,883
7,618

-31
+21

+
+

j; 7,100
| 2,779
| 9,667
.

+77
-19
- 7

+1,245
+
56
+ 938

603
96
782

.- 70
- 27
-136

+114
- 29
- 26

j"40,047

+41

+3,487 2,845

-501

- 32

107
472
195

- 26
132
- 80
364
163 - - 28

+ 1
+ 18
- 1

- 46
212
266
- 43
297 ' - 32

+ 13
+ 3
- 5

Purchased
Direct
Other consumer goods
Home repair and modernization loans
Personal loans

.
,

-268

- 91

693
824 . -186
555-- 540
- 82

- 71
- 20

Federal Reserve District:
Boston
New York
Philadelphia

.1,774
.5,138
2,485

3,137 . +13
+12
3,571
+13
3,924

+
+
+

337
381
280

5,824
' 1,934
1,339

- 5
+ 4
+ 1

+
+
+

413
490
154 - 134
141
93

2,216
2,563
6','142

-16
+ 8
- 5

+
+
+

194
240
496

Cleveland
Richmond
Atlanta

:

Chicago
St. Louis
Minneapolis
Kansas City
Dallas
San Francisco




- 3 +
+17' +
+ 2 +

- 85
- 17
- 19

138 ' - 25
- 39
189
444
- 61

T 14
- 4
6
- 17
- 12
. - 8

'