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G.18 July 5, 1962 C0??3U:C/S IN'iTlU- IT: /OR'.IDIT AT COM: jRCI-.L B;.FK3 ' T4A.Y1962 Consumer instilment credit held by commercial banks at the end of 1 lay 1962 is estimated at $17,316 million, .#274- million more than c.t the end of the previous month. All' types of loans increased during- the month, but automobile paper and personal loans accounted for 8188 million and . > 3 million respectively, of the expansion..5 The volume of credit extended during May vzas $60 million- . higher than in the previous month and '$199 million higher tha.n_ a year earlier. ~ . Consumer Instalment Credit at Commercial Banks (estimates. In millions of dollars) Amounts outstanding Change from:, Year ; • • Month ago z ago 1962 Type of credit May 31, +188 8,653 5,590 3,065 Other consumer goods paper Repair and modernization loans Personal loans 2,551 . 2,123 3^989 Tot:l - " . +601 +118 " + 70 Automobile paper, total Purchased Direct • +374 + 16 + 17 + 53 ±274 17,316 +227 ' Volume extended May 1962 904 568 336 Month ago Year ago +42 +158/" +10 +~97 + 61 ^2 - 32 +319 262 135 . 506 +21 +16 -19 +257 1,807 '+60 +199 99 293 + 5 + 8 + 6 + 6 + 15 + • .8 -651 + + 1 1 + 39 Pederr.l Reserve 'District : • 'Boston New York Philadelphia 910 2,639 1,160 " + 14. + 46 + 14 + 5 • .+ 41 -15 * Cleveland Richmond Atlanta 1,169 1,332 1,361 . + 18 + 27 +• 11 +:29 - Chicago. St. Louis I'inneajolis 2,543 789 518 Kansas City Dallas 3an Francisco 630 928 2,917 + 52 . + 1-9 +108.; - 9 7 + .11 + 5 - 33 . + 14 + 19 •+ 43 + -3 + 12 + 84 " 112 +10 126 " 145 , _ + 6 142 > 6 269 76 +13 - 1 52 . + 4 95 106 294 + 6 ,+ 6 - 9 + 17 + 22 + 7 + 38. + - 6 1 + 13 . + 14 + 54
