View original document

The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.

J u l y 5, 1973
ND, CONSUMER INSTALMENT CREDIT AT COMMERCIAL BANKS

E x t e n s i o n s of consumer i n s t a l m e n t c r e d i t a t commercial banks i n c r e a s e d
$383 m i l l i o n from A p r i l t o May, w i t h a u t o m o b i l e and c r e d i t card l o a n s a c c o u n t i n g f o r
t w o - t h i r d s of the g a i n .
I n s t a l m e n t c r e d i t h e l d by commercial banks i n c r e a s e d $1,248 m i l l i o n i n May
to $63,707 m i l l i o n a t t h e month-end. Automobile a ^ d ^ o t h e r consumer goods paper r e p r e s e n t e d over t h r e e - f o u r t h s of t h e growth. The $1,248 g a i n f o r t h e month n e a r l y equaled
t h e June 1972 r e c o r d of $ 1 , 2 5 9 , w h i l e t h e $10,083 i n c r e a s e from May 1972 i s t h e l a r g e s t
r e c o r d e d change from any y e a r - e a r l i e r month.
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 )
Volume extended
Amount! o u t s t a n d i n g
Change from:
Change from:
Type of c r e d i t
May 31,
May
Year
Month
Month Year
. 1973
1973
ago
ago
ago
ago
Automobile p a p e r , t o t a l
Purchased
Direct
Other consumer goods: 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
Total

29,396

+633

+5,042

2,797

+154

+513

17,716
11,680

+389
+244

+3 ,"186
+1,856

1,700
1,097

+115
+ 39

+354
+159

5,360
6,321
5,538
3,635
1,868
11,589

+ 70
+158
+137
+ 54
+ 31
+165

+ 986
+1,479
+ 766
+ 332
+ 286
+1,192

1,081 ™ +106
343 + 36
553 + 21
224 + 21
265 + 10
1,093 + 35

63,7*07

+1,248 +10,083

+266
+ 48
+ 65
- 3
+ 41
+ .91

+383

+1,021

259 > 10
724 + 59
341 + 19.
466 + 47
702 + 89
710 + 10

+ 37
+102
: + 56
+ 96
+168
- +'89

+ 80
- 6
+ 1
+ 30
1
+ 45

+139
+ 43
+ 4
+.63
+ 84
+140

6,356

F e d e r a l Reserve D i s t r i c t :
Boston
New York
Philadelphia
Cleveland
Richmond
Atlanta

2,463
7,255
3,701
4,728
6,553
7,270

+ 43
+117
+ 89
+125
+202
+125

+ 322
+ 833
+ 613
+ 665,
+1,252
+1,276

Chicago
S t . Louis
Minneapolis
Kansas C i t y
Dallas
San F r a n c i s c o

8,310
3,497
1,902
3,808
4,091
10,219

+167
+ 51
+ 28
+ 90
+ 62
+149

+1,021
+ 572
+ 260
+ 765
+ 622
+1,882




841
297
154
400
397
1,065