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• O c t o b e r 4 , 1972
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. . _ mNS.ULIEIUI^STALMENT CREDIT. AT COMMERCIAL'BANKS
. AUGUST 1972

'

Consumer i n s t a l m e n t c r e d i t h e l d by commercial banks i n c r e a s e d $ 1 , 0 1 9 m i l l i o n
i n . A u g u s t t o $ 5 0 , 8 9 8 m i l l i o n . Automobile c r e d i t l e d t h e 2 p e r c e n t i n c r e a s e , a c c o u n t i n g
f o r n e a r l y o n e - h a l f t h e t o t a l g a i n . The y e a r - t o - y e a r i n c r e a s e of $6,786 m i l l i o n was t h e
l a r g e s t g a i n i n any 12-month p e r i o d .
The i n c r e a s e of $459 m i l l i o n in i n s t a l m e n t c r e d i t e x t e n d e d by banks i n
August a l m o s t e x a c t l y r e v e r s e d t h e $458 m i l l i o n d e c l i n e . e x p e r i e n c e d l a s t month, w i t h
g a i n s n o t e d f o r ever- g e o g r a p h i c a r e a .
Consumer I n s t a l m e n t C r e d i t a t Commercial Banks

Type of c r e d i t -

Automobile p a p e r ,

total

Amounts o u t s t a n d i n g
Change
Month
Year
ago
ago

Aug. 31,
1972

Volume e x t e n d e d
Change
Year
Month
ago
ago

August
1972

24,357

+430

+3,286

2; 120

+ 55

+345

14,615
9,742

+300
• +130

+1,862
+1,424

1,292
828

+ 27
+ 28

+217
+128

3,725
5,321
1,887
• 3,080
1,512
11,016

+
+177
+ 22
4 61
+ 35
+204

+ 526
756
+1,256 C 419
+
77
176
+ 242
208
+ 264
189
+1,135 1 , 1 0 1

+ 87
+135
+ 26
+ 30
+ 6
+120

+186
+171
- 7
+ 41
4 17
+154

50,898

+1,019

+6,786

4,969

+459

+907

Boston
New York
Philadelphia
Cleveland
Richmond
Atlanta

1,991
6,486
3,118
3,924
4,967
5,373

+ 34
+101
+ 63
+ 72
+ 98
+106

+ 157
+ 512
+ 414
+ 411
+ • 793
+ 926

194
614
276
346
481
516

+
+
+
+
+
+

6
76
23
32
36
24

+
+
+
+
+
+

Chicago
S t . Louis .
Minneapolis
Kansas C i t y
Dallas
San F r a n c i s c o

6,802
2,768
1,662
2,864
3,051
7,892

+101 + 709
+ 64 + 470
+ 35 + 208
+ 84 + 452
+ 64 + 415
+197 1+1,319

612 +
330 +
142 +
315 +
283 . +
860 +

57
91
13
44
16
41

+ 84
+120
+ 18
+ 71
+ 61
+160

Purchased
Direct
O t h e r consumer goods: C r e d i t c a r d s
.
Mobile homes
Ciher
Home 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 loans: Check-credit
,
Other
Total

sd

Federal Reserve D i s t r i c t :




27
70
53
64
96
83