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w: BOARD OF GOVERNORS OP THE F3DBRAL RESERVE' SYSTEM G *18 ' July 6, 1961 CONSUMER INSTALMENT ^CREDIT AT COM' IERCIAL B A M S M Y I96I • Consumer instalment credit outstanding at commercial banks at the end of May is estimated at ;16,7?6 million, the same as for the end of April. The decrease in other consumer goods paper, which offset increases in other types of credit, was due- principally to repayments on the large purchase of paper made in January. Extensions of credit were 3173 million larger in May than in April, representing increases in all types of credit. Increases in automobile paper accounted for nearly two-thirds of the monthly expansion. Consumer Instalment Credit at Commercial Banks (Estimates. In millions of dollars) iype ox crecLj. u Automobile paper Purchased "Direct Other consumer goods paper Repair and modernization loans Personal loans Total Amounts outstanding Change from: Month Year May 31, ago ago . 1961 5,127 2,774 3,181 2,100 3,594 +37 +22 - -97 +10 ' +28 + 39 . +; 48 +514 + 25 +239 +865 16.776 Volume extended Change from: May Month Year ago 1961 456 266 267 127 457 1,573 + + + + + 80 33 38 16 6 + 39 20 7 13 36 + + - 3 9 5 + m Federal Reserve District: Boston New York Philadelphia 905 2,753 1,138 Cleveland Richmond Atlanta 1,123 1,225 1,306 Chicago St. Louis Minneapolis Kansas City Dallas San Francisco' + 8 +14- 4 0 + 6 . .+ 2 + 76 +207. + 84 94 273 101. + 13 . + 26 + 15 + 22 +102 -1 4 101 - 120 135 + 9 + 11 - + 18 2,499 753 568 +217 -5 - 2 + 49 + 2 -• + 9 229 -64 54 + 39 + 7 + 10 809 907 2,790 0 -2 ; -19 78 88 236. + 7 + 11 + 7 + 21 + 27 + 55 - 14 + 3 .- 1 - - 4 6 1 - 7 - 7 - 13
@FedFRASER