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FEDERAL

•'oOfCOVf

statistical
• • ft-u

RESERVE

release

•
November 12, 19^4
CONSUMER INSTALMENT CREDIT AT COMMERCIAL BANKS
f
:
.
;September 1964

G. 13

-

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
banlis ros.e $138 m i l l i o n i n September and amounted t o $23,527
m i l l i o n a t t h e end o f t h e month. Automobile c r e d i t and. p e r s o n a l
cash l o a n s accounted f o r f o u r - f i f t h s of t h e August-September
i n c r e a s e w h i l e changes i n t h e o t h e r major types of c r e d i t o u t s t a n d i n g were r e l a t i v e l y s m a l l .
Banks extended $1,989 m i l l i o n i n i n s t a l m e n t c r e d i t i n
September, somewhat l e s s than i n t h e p r e c e d i n g month b u t $245
m i l l i o n above t h e volume a y e a r e a r l i e r .
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 paper
Repair and m o d e r n i z a t i o n l o a n s
P e r s o n a l loans
. Total

Amounts o u t s t a n d i n g J Volume extended
Sent. 30 Change fromi Sapttf Change from:
L964 Month Year
1964
Month Year
» Aeo/. • Ago
Abo
Aho
12,533

+ 54

4-1,558

964

-75

+181

0,143
4,390

+ 53
+ 1

+1,071
+ 487

624
340

-59
-16

+119
+ 62

3,255
2,422
5,317

11
17
4-56

+
+

222
70
532

293
137
595

- 1
- 4
+ 6

4- 10
+ 1
+ 53

23,527

: 13G

+2,382 1,989

-74

4-245

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

1,145
3,651
1,5J6

4
414
3 , +

82
339
142

96
307
113

- 2- . + 8
4- 35
-14
4 - 13
-16

Cleveland
Richmond
Atlanta

1,522.
1,160
1,773

11
9
y

+
+
+

164
210
103

133
155
174

- 1
- 5
- 3

4- 15
:• 18
+ 13

Chicago
S t . Louis
Minneapolis

3,503
1,120
736

23
3
+ 6,

+
+

391
110
79

290
.35
62

-11
- 4
- S

4-

48
7
9

127
164
471

107
124
34:

1/
•M0
-19

4-

12

j
Kansas City- ,
Dallas
San Francisco!
FRASER
If Less than 0 . 5 m i l l i o n .
»

Digitized for


1,170
1,309
4,359

9
24
32

4-

+
+

4-

:

4-22

+ 40

^
, >
/ W ,