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FEDERAL
statistical
RESE R V E
release
G.18
|
•
September 2,
T
!
CONSUMER -INSTALMENT {CREDIT AT COMMERCIAL B A M S
;
JULY 1965
. . .
-
—-'Consumer instalment credit held, by commercial banks increased• t
$456 million in July to $26,610 million at the month-end. Most of the
expansion continued to be in automobile credit of which an increasing
proportion was in purchased paper. All other major types of credit were
above the amount outstanding at the end of June.
Extensions of instalment credit, which usually taper off in
July, were $147 million less than a month earlier. All types except
.repair and modernization loans contributed to the $341 million increase
over July 1964.
Consumer Instalment Credit at Commercial Banks
Type of credit
Automobile paper, total
Amounts outstanding
Change from:
Year
Month
ago
ago
July 31,
1965
Volume extended
Change from:
Month
Year
• ago
ago
July
1965
14,602
+323
+2,252
1,372
- 76
+243
Purchased
9,421
+220
+1,442
877
- 37
+141
Direct
5,181
+103
+
810
495
- 39
+102
+ 56
+
438
373
+
+ 48 •
143
652
- 11
- 64
- 3
*+ 53
2,540
-147
+3.41
Other consumer goods
Heme repair and modernization
Personal loans
Total
^3,672
2,446
3,890.
66
+ ' 26 +
+ 51 --+- 678
4
26,610
+456
+3,434
Boston
New York
Philadelphia
1,238
3,993
1,647
+ 11
+ 43
+ 23
+
+
+
105 ' 114
388
374
146
167
Cleveland
Richmond
Atlanta
1,936
2,071
2,006
+ 52
+ 29
>35
+
+
+
331
234
238
190
191
229
Chicago
St."Louis
Minneapolis
4,102 . +101
+
+
1,222 •+ 22
+ 25 . +
833
657
112
166
414'* - 16
104
- 2
+ 9
93
Kansas City
Dallas
1,319
1,611
4,612
157
254
625
129
153
403
Federal Reserve District:
Digitized -SanFRASER
for Francisco
+ 18
+ 26
+ 71
+
+
+
m.
1+ 11
- 7
- 22 • + 44
+ 14
- 7.
- 14
- 39
+ 4
- 9
- 2
- 42
+ 40
+ 24 •
+ .39
+ 72
+ 8
'+ 24
+ 8
+ 19
+ 38'
"
