Full text of G.18 Consumer Instalment Credit at Commercial Banks : October 3, 1956

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BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
G.16

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O c t o b e r 3 , 1956
"COtCm-CR INSTALIE^T CREDIT AT CO^#:RCIAL BANKS
AUGUST 1 9 #

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 c o m m e r c i a l
banks i n c r e a s e d 068 m i l l i o n i n August t o an e s t i m a t e d v l l , 2 U 5
million at the m)nth-end.
Auto-mobile c r e d i t e x p a n d e d a t a b o u t
t i . e j a me r a t e a s i n J u l y , and a c c o u n t e d f o r jrore t h a n h a l f o f
the increase i n the t o t a l i n ^ugust.
The t o t a l amount- o f i n - ->
5'valme.nt c r e d i t o u t s t a n d i n g a t t h e end o f A u g u s t was a b o u t i L
p e r c e n t above t h e y e a r - a g o l e v e l .
The v o l u m e o f c r e d i t e x t e n d e d i n A u g u s t was p r a c t i c a l l y
t h e same a s i n J u l ; / , r e f l e c t i n g s m a l l o f f s e t t i n g c h a n g e s ' i n d i f f e r e n t t y p e s o f c r e d i t , b u t was U p e r c e n t b e l o w a y e a r a g o .
Consumer I n s t a l m e n t C r e d i t a t C o m m e r c i a l Banks
(Estimates.
I n m i l l i o n of d o l l a r s )

Automobile paper
Purchased/
Direct
Other consumer goods p a p e r
. R e p a i r and m o d e r n i z a t i o n l o a n s
Personal leans
Total

Z

Volume e x t e n d e d
'Jnan%& f r o m :
hont»n
^ear
Aug.ago
ago
1956

Amounts o u t s t a n d i n g
! Unange f r o m :
Aug. 31. ..on^IT
.
ago
ago
19#

Type "of c r e d i t

3,27?
2,2%
2,332
1,321
2,059

+ 68'

11,2^5

F e d e r a l Reserve D i s t r i c t :

309
22%
272
102
301

-6
.+ 6
-9

1,206

+1

+ 51U
+ 213
+ 392
+ 79.
+187

*33
+ 8
- 8
+ 16
+ 19

+ 1^371

*3

+7

• -oh
-29
+ 11
+ 2
+ 30

!
!!

i.'
621
1,997
757

-+ 7
+18
> 6

+100
+ 231
+ 99

70
211
72

0
'-1
-3

+. 3
0

7ii9
761
762

+ 17
0
+ 3

+ 99
+ 60
+ 7U

86
53

+11
0
+3

+ 1
- 8
-13

Ghicsgo
b t . Louis
Minneapolis

1,712
518
3-2

-13
1> 2
+ 3

186
+ 295
+ 3k j 5 1
+ 29
hi

-7
-2
+2

- 6
- 9
. 0

Kane a s C i t y
Delias
San F r a n c i s c o

505
618
1,863

+ 2
+ 10
+ 13

+ 25
+ 97
+ 228

0
+3
+2

- 5
+ 5
-22

Boston
he:% l o r k
'
Philadelphia
Cleveland
kXlichKond
"Atlanta

.




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79
185

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