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: , ,^r " 7 ™ ] : r /ay ~ - ^ ^^ ^ CONSUMER INSTALMENT CREDIT AT COMMERCIAL BANKS . • j JANUARY 1963. , Consumer instalment credit held by commercial banks increased __ $72 million in January, and at month-end amounted to $18,981 million. . Automobile paper accounted for approximately 65 per cent of the increase. All other types of paper' except repair and modernization loans increased during the month. Extensions of credit at $1,698 million were slightly more than in the previous month and about 13 per cent above the volume of a year earlier. '"r• • Consumer Instalment Credit at Commercial Banks (Estimates. In millions of dollars) Type of credit • Volume extended Amounts outstanding Change from: . Change from: Month Year Jan. Year' Month Jan 31, ago ago ago ago 1963 1963 Automobile paper, total 9,621 ±4% +1 ,357 825 +49 Purchased Direct Other consumer goods paper Repair and modernization loans Personal loans - 6,194 3,427 2,832 2,213 4,315 +13 +34 +21 -25 +29 + 815 + 542 + 114 + 43 , + '-503 . 510 313 282 89 504 +41 + 8 -14 - 9 -10 m + + + + + 18,981 ±72 +2 ,017 l7698 +16 +200 + 5 + 9 - 2 + 3,009 1,247 + 77 275 83 90 266 94 + 5 +10 - 6 + 12 + 37 + 3 Cleveland Richmond Atlanta 1,29.8 1,472 • 1,501 + 'l + 9 + 3 + - 132 + + 193 152 110 134 158 + 3 + 7 - 9 + 10 " +13 > + 26 % Chicago 3t.Louis Minneapolis 2,757 903 554 + 4 + 9 - 4 + 316 128 13 228 80 44 - 8 ' + 6 - 5 + 20 + 20 - 6 Kansas City Dallas San' Francisco 917 1,095 3,235 82 ' - 85 108 177 301 389 + 3 + 3 + 7 + 3 + 16 + 46 Total Federal Reserve District: Boston' New York Philadelphia. + ' J+ - 1 +11 + '+30 i 84 37 33 1 45
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