View original document

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

FEDERAL
statistical

RESERVE

release

G.IJB

May 5 , 1969
1UMER INSTALMENT CREDIT AT COMMERCIAL BANKS
MARCH 1969

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 amounted t o
$ 3 7 , 2 5 7 m i l l i o n a t t h e end of March, $201 m i l l i o n more t h a n a month e a r l i e r . A u t o m o b i l e i n d e b t e d n e s s a c c o u n t e d f o r a b o u t t h r e e - f i f t h s of t h e March i n c r e a s e b u t a
somewhat s m a l l e r p r o p o r t i o n - - l e s s t h a n o n e - h a l f - - o f t h e e x p a n s i o n o v e r t h e y e a r p e r i o d . A l l o t h e r m a j o r t y p e s of c r e d i t a l s o . c o n t r i b u t e d t o t h e $ 4 , 1 7 5 m i l l i o n
i n c r e a s e o v e r March 31, 1968.
;
The volume of i n s t a l m e n t c r e d i t e x t e n d e d d u r i n g March t h i s y e a r showed
a s u b s t a n t i a l i n c r e a s e due i n p a r t t o s e a s o n a l i n f l u e n c e s . Gains were r e c o r d e d
f o r a l l t y p e s of i n s t a l m e n t c r e d i t and i n a l l s e c t i o n s of t h e c o u n t r y . T o t a l
e x t e n s i o n s i n March e x c e e d e d t h e y e a r - a g o volume by more t h a n o n e - t e n 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 )

Type of c r e d i t

Automobile p a p e r , t o t a l
Purchased
Direct
Other consumer goods
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
TOTAL

Amounts o u t s t a n d i n g
Change f r o m :
Mar. 31,
Month Year
1969
ago
ago

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

Mar.
1969

19,392

+122

+1,942 1,592

+247

+ 85

12,224
7,168

+ 71
+ 51

+1,211
+ 731

994
598

' +167
+ 80

+ 75
+ 10

6 i 188
2,670
9,007

+ 20
6
+ 65

+ 989
+ 123
+1,121

534
119
910

+ 52
+ 23
+105

+ 94
+ 12
+119

37,257

+201

+4,175 3 , 1 5 5

+427

+310

1,659
4,728
2,330

- 5
+ 30
+ 12

+
+
+

146
415
285

138
406
185

+ 28
+ 74
+ 23

+ 1
+ 43
+ 25

2,830
3,277
' 3,704

+ 21
+ 35
- 2

+
+
+

324
440
412

231
287
305

+ 41
+ 50
+ 33

Federal Reserve D i s t r i c t :
Boston
New York
Philadelphia
Cleveland
Richmond
Atlanta

\

27
+ 37
- 21

Chicago
S t . Louis
Minneapolis

5,434
1,798
1,231

+ 17 +
+ 7' +
+ 17 +

642
183
198

459
139
113

+ 58
+ 19
+ 21

+ 51
+ 19 .
+ 29

Kansas C i t y
Dallas
San F r a n c i s c o

2,031
2,370
5,315

+ 20
+ 18
+ 31

236
247
647

186
214
492

+ 22
+ 35
+ 23

+ 17
+ 23
+ 59




+
+
+