The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
FEDERAL RESER J u l y 5 , 1972 -G. 1 8 CONSUMER INSTALMENT CREDIT AT COMMERCIAL BANKS M Y 1972 A Consumer i n s t a l m e n t c r e d i t o u t s t a n d i n g a t commercial banks a t t h e end of May e x c e e d e d t h e amount owed a month e a r l i e r by a r e c o r d . $ 8 8 4 m i l l i o n w i t h more t h a n o n e - h a l f of t h e i n c r e a s e i n a u t o m o b i l e c r e d i t . P e r s o n a l l o a n s and m o b i l e home l o a n s a c c o u n t e d f o r most of t h e r e m a i n d e r . A new peak of $ 4 . 7 0 b i l l i o n i n new l o a n s e x t e n d e d d u r i n g May exceeded t h e A p r i l f i g u r e by n e a r l y o n e - h a l f b i l l i o n . A l l t y p e s of c r e d i t showed i n c r e a s e s w i t h a u t o m o b i l e c r e d i t r e f l e c t i n g n e a r l y o n e - h a I f t h e g a i n and t o t a l o t h e r consumer goods more t h a n o n e - f o u r t h . Consumer I n s t a l m e n t - C r e d i t a t Commercial Banks ( E s t i m a t e s » i n m i l l i o n s of d o l l a r s ) Amounts o u t s t a n d i n g Volume e x t e n d e d Chang'e f r o m : Change f r o m : Maf 31, Type of c r e d i t Month Year Month Year 1972 1972 ago ago ago ago Automobile paper, total 22,911 +234 +489 + 1 , 2 8 6 1,262 +1,322 883 +133 +101 +296 + 43 +139 + 22 + 52 + 29 +122 + 434 658 295 N.A . N.A. 182 + 196 201 + 248 204 + 966 1 , 0 1 6 + t + + + + +169 N.A. N.A. + 51 + 64 +190 48,032 +884 +5,550 4,701 +486 1,895 6,224 .2,943. 3,726 4,690 5,036 Total + 2 , 6 0 8 2,145 +278 +199 3,517 4,842 1,849 2,925 1,426 10,562 Other consumer g o o d s : C r e d i t c a r d s Mobile homes Other Home r e p a i r and m o d e r n i z a t i o n l o a n s Personal loans: Check-credit Other +477 13,647 9,264 Purchased. Direct + 24 + 89 + 67 + 63 + 98 +104 + + + + + + + + + + + + 6,516 2,584 1,561 2,653 2,884 7,320 +112 +: 33 > 31 + 66 + 50 +147 72 58 25 33 35 29 +-1,030 Federal Reserve D i s t r i c t : Boston New York Philadelphia Cleveland Richmond Atlanta t- Chicago S t . Louis ' Minneapolis Kansas C i t y Dallas San F r a n c i s c o N.A. Not a v a i l a b l e . x . 105 431 336 318 698 763 '+ 615 + 386 + 166 + 366 + 363 +1,0031 193 592 272 333 471 502 16 50 32 30 54 69 + 60 627 + 5 222 '142 . + 24 + 42 286 256. + 23 . + 81 :805 + 33 +102 + 64 + 61 +120 +137 +110 + 33 + 25 + 76 + 56 +211