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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 ,