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.•"O? G.18 FEDERAL' RESERVE s t a t i s t i c a l re l e a s e *.f«4L RE**- November 7, 1973• R INSTALMENT CREDIT AT COMMERCIAL BANKS SEPTEMBER 1973 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 $ 6 7 , 9 1 8 m i l l i o n a t t h e end of S e p t e m b e r , up $537 m i l l i o n from August *31.. The l a r g e s t g a i n s were made i n c r e d i t c a r d and m o b i l e home c r e d i t . I n s t a l m e n t l o a n s made t o consumers i n September were $ 5 , 3 7 6 m i l l i o n on an u n a d j u s t e d b a s i s , down s h a r p l y from t h e August volume. N e a r l y h a l f of t h e d e c l i n e was i n automobile c r e d i t . 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 ) Volume e x t e n d e d : Amounts o u t s t a n d i n g Chang, Changi2 from: Sept. S e p t . 30, Type of c r e d i t Month Year Month Year c 1973 1973 ago ago ago ago 31,046 Total 2,130 -529 +201 +3,132 +1,779 1,304 826 -334 , -195 +140 + 61 +117 +131 + 55 + 40 + 45 + 64 +1,159 +1,485 + 948 + 381 + 323 +1,145 1,078 . 318 454 202 257 937 - -163 - 75 - 93 - 50 - 35 -197 +208 + 19 + 53 + 6 + 45 - 8 67,918 Other consumer goods: C r e d i t c a r d s Mobile homes Other Home improvement l o a n s Personal loans: Check-credit Other 44,911 +115 - 30 5,909 6,956 5,978 3,903 2,027 12,099 Purchased Direct + 85 18,886 12,160 Automobile paper, t o t a l +537 +10,352 5,376 -1,142 +524 + + + + + + 10 69 60 56 78 81 + 356 '+ 940 + 718 + 803 +1,346 +1,304 220 602 • 293 364 555 650 - 45 -120 - 59 -112 -103 -103 + + + + + + + + + + + + 81 15 8 17 15 47 +1,269 + 537 + 231 + 655 + 570 +1,623 717 247 121 323 348 ' 936 -148 - 65 - 45 - 68 - 93 -180 +113 + 7 - 16 + 4 + 33 + 77 F e d e r a l Reserve D i s t r i c t : Boston New York Philadelphia Cleveland Richmond Atlanta Chicago S t . Louis Minneapolis Kansas C i t y Dallas San F r a n c i s c o • * 2,620 .7,701 4,024 5,127. 7,053 7,766 8,945 3,612 2,003 4,003 4,283 10,781 23 49 41 29 87 77