Full text of G.18 Consumer Instalment Credit at Commercial Banks : October 2, 1962

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v
statistical

FEDERAL

RESERVE

release

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G.18.

October 2, 1962
CONSUMER INSTALMENT ^CREDIT AT COMMERCIAL BANKS

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AUGUST 1962

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Consumer instalment credit outstanding held by commercial
batiks increased $190 million in August, and at month-end amounted to
$13,005 million. All types of loans increased during the month with
the exception of other consumer goods paper. Automobile paper
accounted^for approximately sixty per cent of the total expansion.
Extensions of credit, at $1,732 million, were somewhat
smaller than in July, but were 11 per cent greater than the volume
of a year earlier.
Consumer Instalment Credit at Commercial Banks
(Estimates. In millions of dollars)

Type of credit

Automobile paper, total
Purchased
- Direct
Other consumer goods paper
-Repair and modernization Loans
Personal loans
Total

I
Volume extended
Amounts outstanding
i
Chpnge: from: i
Change from:
1 Aug.
Month
Year
Month
Year
1962
ago
ago
ago
ago

Aug. 31,.
1962
9,093
5,900
3,193

+110
+ 86
+ 24

+921
+588.
+333

827
541
286

-28
-10
-18

+138
+ 94
+ 44

2,581
2,176
4,155

- 9
+ 18
+ 71

- 1
-355
- 14
+388

244
133
528

-20
-10
+34

- 10
- 2
+ 47

18,005

+190

+940

1,732

-24

+172

+ 5
+ 23
+ 15

+ 27
+122
+ 36

87
269
110

- 5
-11
- 2

+ 5
+ 14
+ 4

Federal Reserve District:

'

Boston
New York .
Philadelphia

935
2,951
1,203

Cleveland
Richmond
Atlanta

1,239
1,395
1,403

+ 16
+ 16
+ 11

+ 61
+146
+ 56

116
139
149

- 3
-11
+ 5

+ 11
+ 16
+ 12

Chicago
'St.-Louis
Minneapolis

2,664 '
829
525

+ 31
+ 13
- 1

+148
+ 39
- 21

254
78
46

+ 1
- 3
- 4

+ 40
+ 15
- 3

Kansas City
Dallas .
San Francisco

855
976
3,030

+ 6
+ 17
+ 38

+ 29
+ 82.
+215

90
107
287

+ 2 '
+ 5
+ 2

+ 10
+ 21
+ 27




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