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F E D E R A L

R

s t a t i s t i c a l

E

S

E

R

V

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r e l e a s e

G.18
CONSUMER - INSTALMENT CREDIT AT COMMERCIAL BANKS /
SEPTEMBER 1969
Consumer Instalment credit outstanding at commercial banks Increased
$261 million in September to $39,793 million at the month-end. Other consumer goods
paper and personal loans accounted for more than three-quarters of the total September
expansion but all other types of indebtedness also were larger than on-August 31 and
substantially above the amounts outstanding at the close of September 1968.
The volume of loans extended increased slightly in September, a month in
which some contraction is usual. A moderate expansion in automobile loans and personal
loans was partially offset by small declines in all other major types of credit. A l l
except repair and modernization loans exceeded the Septembef 1968 volume.
Consumer Instalment Credit at Commercial Banks
(Estimates, in millions of dollars)

Type of credit

Amounts outstanding
Chang,e from:
Sept. 30,
Month Year
1969
ago
ago

Volume extended
Change
Month ! Year
| ago
ago

Sept.
1969

20,407

+ 35

+1,511 , 1,467

+13

! + 87

12,864
7,543

+ 5
+ 30

+
+

884
627

893
574

-15
+28

i + is
+ 69

6,929
2,808
9,649

+111
+ 21
+ 94

+1,186
+
111
+1,062

656
131
. 949

- 6
- 2
+36

+135
- 10

39,793

+261

+3,870

3,203

+41

|,+250

Boston
New York
Philadelphia

1,767
5,079
2,473

+ 7
+ 38
+ 18

+
119
+ 467
+ • 219

153
408
188

+ 9
-12
+ 7

+ 13
+ 53

Cleveland
Richmond
Atlanta

3,088
3,531
3,891

+ 35
+ 18
+ 36

+
+
+

330
399
348

242
287
322

- 3
-10
+20

Chicago
St. Louis
Minneapolis

5,806
1,918
1,330

+ 41
+ 18

568
171
159

456
149
111

+ 3)

+ 12

+
+
+

Kansas City
Dallas
San Francisco

2,239
2,537

+ 5
+ 19

+
+

236
260

176
216

+ 1

+

594

495

+19

Automobile paper, total
Purchased
Direct
Other consumer goods
Home repair and modernization loans
Personal loans
TOTAL

+ 38

Federal Reserve District:


1/ Less than 0.5 million.


6,134 '>

14

+1
+

6

/

v

+ 10

+ 41 •
+ 24 ,

1 -

3

+ 26
+ 20
+ 4
1
+ 25
+ 36
+