Full text of G.18 Consumer Instalment Credit at Commercial Banks : May 3, 1967

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FEDERAL
statistical

RESERVE

release

/7¥

May 3, 1967
CONSUME It INSTALMENT
AT COMMERCIAL BANKS
I
MARCH 1967
ConsumeK-instatment c r e d i t o u t s t a n d i n g a t commercial banks i n c r e a s e d
$101 m i l l i o n i n ' M a r c h t o $ 3 2 , 0 6 8 a t t h e m o n t h - e n d . A l l m a j o r t y p e s of c r e d i t
e x c e p t 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 were above t h e amounts o u t s t a n d i n g • a t
t h e end of F e b r u a r y , w i t h t h e l a r g e s t i n c r e a s e s i n p e r s o n a l l o a n s and d i r e c t ,
a u t o m o b i l e l o a n s . A l l t y p e s of i n d e b t e d n e s s c o n t r i b u t e d t o t h e $ 2 , 3 8 4 m i l l i o n
expansion over the y e a r - p e r i o d .

The volume of l o a n s made, which u s u a l l y i n c r e a s e s i n March, was up
$431 m i l l i o n . A l t h o u g h a l l t y p e s were i n l a r g e r volume t h a n a month e a r l i e r , o n l y
n o n a u t o r c o t i v e consumer goods l o a n s were above t h e amounts e x t e n d e d i n March 1966.
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 )

Type of c r e d i t

Automobile paper, t o t a l
Purchased
Direct
O t h e r consumer goods
Home r e p a i r and m o d e r n i z a t i o n
Personal loans
TOTAL

Amounts o u t s t a n d i n g
j Change trom:
xear
iiontn
ago>>
ago

March 31,
1967

Volume e x t e n d e d
Change f r o m :
Year
Month
ago
ago

March
1967

17,387

+ 52

+

969

1,385

+252

-160

11,234
6,153

20
+ 32

+
+

701
268

861
524

+154
+ 98

-105
- 55

5,242

+ 24

+

891

444

+ 44

+ 60

2,486
6,953

- 16
-i- 41

+
•+

10
514

104
729

+ 25
+110

- 11
- 11

32,068

-HOI

+2,384

2,662

+431

-122
'•

Federal Reserve D i s t r i c t :

>

Boston
New York
Philadelphia

1,393
4,166
1,902

+ 3
- 16
+ 8

+
+
+

55
89
106

120
335
152

+ 26
+ 82
+ 40

- 22
- 27
- 7.

Cleveland
Richmond
Atlanta

2,560
2,429
2,922

+ 16
+ 6
+ 41

+
+

327
98
324

205
198
303

+ 38
+ 45
+ 40

- 14
- 17
+ 2

Chicago
St. Louis
Minneapolis

4,886
1,512
998

- 10
16
+ 4

+ 268
+ 133
+.
98

376
127
83

+ 74
24
+ 14

- 36
+ 13
+ 1

Kansas C i t y
Dallas '
• San F r a n c i s c o

1,682
1,992
5,626

+ 20
4-11
+ 2

156
164
443

+ 15
+ 13
+ 20

-

.




+
.+
+

173
176
537

-

2
6
7