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FEDERAL' statistical RESERVE release G. 13 • CyttA'/j October 6, 1964 COUSUIlER IITST/JLIL'liT CREDIT AT -COMMERCIAL BALIKS AUGUST 1964 Consumer i n s t a l m e n t paper h e l d by commercial banks a t t h e end of August t o t r i e d $25,539 m i l l i o n , up $213 m i l l i o n from a month e a r l i e r . There x:er e J u l y - A u g u s t i n c r e a s e s , i n a l l t y p e s of l o a n s o u t s t a n d i n g , w i t h automobile c r e d i t a c c o u n t i n g f o r t h r e e - f i f t h s of t h e t o t a l r i s e . E x t e n s i o n s of i n s t a l m e n t c r e d i t by banks, a t $2,363 m i l l i o n , were l e s s t h a n in t h e p r e c e d i n g month, b u t u e r e 7 p e r c e n t above t h e volume a y e a r e a r l i e r , - Consumer I n s t a l m e n t Cr.ecit 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 extended Amount s o u t s t a n d i n g Change f r o m : . Change from: Type of c r e d i t Aug. 31, Honth August Month Year 1 Year 1954 1964 ago ago ago j ago Automobile p a p e r , t o t a l Purchased Direct " Other consumer goods paper Repair and m o d e r n i z a t i o n l o a n s Personal loans • "Total 12,429. -i-129 | -:1,470 1,039 - 93 •: 113 C,090 4,309 -:-l 11 13 I-: 1,017 | 453 .633 355 - 53 - 37 32 31 3,244 2,435 5,261 10 : 25 + 49 232 69 517 294 141 539 - 31 - 5 - 10 3 - 1 y 23 23,339 :213 :2,203 2,963 -136 •:143 32 337 139 90 321 125 - 5 9 3 2 •: 17 : 15 F e d e r a l Reserve D i s t r i c t : • Boston ilexv York Philadelphia . Cleveland Richmond Atlanta i 1,141 3,637 1,503 32 25 1,621 1,359 1,773 16 ' : 22 . 5 159 237 94 134 160 177 - 16 - 7 - 13 1 : 12 11 32 7 13 369 112 73 301 39 71 - 41 - 7 2 - 7 G 40 113 143 455 107 114 362 - 14 - 20 - 3 Chicago St. Louis Minneapolis 3,477 1,117 7 DO Kansas C i t y Dallas San F r a n c i s c o 1,169 1,365 4,027 V V 1: I-: 20 1 16 6 1 43
@FedFRASER