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September 11, 1974
CONSUMER INSTALMENT CREDIT AT COMMERCIAL BANKS
JULY 1974
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 commercial banks amounted t o
$72,384 m i l l i o n a t t h e end of J u l y , an i n c r e a s e of $769 m i l l i o n from June 3 0 . A l l
major t y p e s of c r e d i t o u t s t a n d i n g i n c r e a s e d d u r i n g t h e month, led by a u t o m o b i l e p a p e r ,
w i t h c r e d i t card and p e r s o n a l lo a n h o l d i n g s expanding m o d e r a t e l y .
I n s t a l m e n t l o a n s made to consumers i n J u l y were $359 m i l l i o n above t h e June
volume. Automobile paper and c r e d i t c a r d lending^ each gained $133 m i l l i o n t o l e a d t h e
advance.
^
Consumer I n s t a l m e n t C r e d i t a t Commercial
( E s t i m a t e s , in m i l l i o n s of d o l l a r s )
Amounts o u t s t a n d i n g
Change from:
Type of c r e d i t
J u l y 31,
Month
Year
1974
ago
ago
31,627
19,377 .
12,250

Volume extended
Chang,
Month
Year
ago
ago

July
1974

Other consumer goods: C r e d i t c a r d s
Mobile homes
All other
Home improvement l o a n s
Personal loans: Check-credit
All other
Total

1,165

2,553

133

T 80
-

938
227

1,553
1,000

107
26

- 52
- 28

146
59
64
92
36
134

1,619
994
669
542
332
998

1,503
272
532
278
. 320
1,156

133
-12
16
13
32
44

383
- 84
8
33
49
73

72,384

Purchased
Direct

157
31 '

7,222
7,623
6,4«4
4,316
2,266
12,846

Automobile p a p e r , t o t a l

238

Banks

769

6,319

£,614

359

382

2,795
8,178
4,336
5,543
7,332
8,304

28
115
74
67
51
42

241
666
467
604
465
773

285
750
328
472
607
716

26
• 52
12
26
9
-15 "

31
30
- 5
13
-47
16

9,705
3,811
2,138
4,174
4,448
11,620

110
. 66
38
56
51
71

1,055
277
175
252
248
1,096

887
" 357
182
433
421
1,176

53
51
15
44
1
85

66
52
28
62
28
108

F e d e r a l Reserve D i s t r i c t :
Boston
New York
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
S t . Louis
• Minneapolis
Kansas C i t y
Dallas
San F r a n c i s c o

j
j
j

.




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j

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