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B O A R D OF G073(rT0RS O P TH3: FEDERAL R E 3 ^ V ^ SYSTEM G. 1 6 • . October 4, ig60 - COIUUIZR D'SALLrCirr CR-LIT A ? CO'CiSRCIAL BAmiS AUGUST i960 Consumer instalment credit held by commercial bonks increased further in /ugust, and at the end of the month amounted to -.16,051 nillion, 124 million more than a month earlier.' The monthly expansion resulted principally from increases in automobile credit and in personal loans. Repair and modernization loans also increased, but other consumer goods paper declined slightly. Intensions of credit during \ugust were 100 million larger than in the preceding month, reflecting-increases." in all types of credit. " ' Consumer Instalment Credit at.Commercial Banks (Estimates. In millions of dollars) Amount outstanding Change M o n t h , Year 1 ago ago I960 | | Volume extended j Change from: .-.ug. j month j fear ago i960 1 ago -••-ug. 31, 1 direct ; Other consumer^goods paper j . R 2pair and : .0 iernization loans I personal loars j 5 ,271 2 ,777 1 55 + 11 ,598 " + ,040 6 ! | | 116 2, 6 4 5 , li,055 | 1 1,554 r ! 7 ' + : : : : + 93 + 7 +15! 122 105 115 220 !+ ^5 72 63 + 85 63 + >i + 5 61 «3 / 8 j +. + 14'; + . 219 + + 235 !• + 6 8 +11 + 2 ' 1 + 2 + + 5 5 6 62 240 _ 0 3 10 6 13 13 139 + 2 l l t 6 693 68 4 -21 - 4 +36 100 . 116 iTA -15 + 1 i 62 99- j 1 246 + 6 64 j 1,530 ! 272 679 : 455 - 21 • • + 4 i+ ! 2,, 2 9 1 625 | 1 i + f + 14 [ + 60.9 134 ! 1, 1 0 6 , 1, 1 5 0 . , 1, 2 9 0 , Chicago 3t. Louis 247 185 z!241 1 624 247 282 ' 382 1 I 34 10 1 14 41 .467 569 ! 22 1 I + + 3,375 16,051 Federal reserve District: + 1 — 8 0' + 3 7 4 + 2 - 6 20 -20
