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FEDERAL f statistical RESERVE release September 3, 1968 'CONSUMER INSTALMENT CREDIT A T COMMERCIAL BANKS JULY 1968 . >1 noi Consumer instalment credit outstanding at commercial banks increased $541 million in July to $36,521 million at the month-end. Automobile loans continued to account for a substantial part of the total expansion but all other major types of credit also were considerably larger than at the end of the preceding month. x , ~ The volume of-loans made, which Customarily shows little change in-July, was $322 million larger than in June this year and $622 million above the July 1967 volume. Increases were shown in all types,of credit and in all sections of the country. Consumer Instalment Credit at Commercial Banks (Estimates, in millions of dollars) Type of credit Automobile paper, total Amounts outstanding Change Month Year ago ago July 31, 1968 19,443 +299 +1,503 12,248 7,195 +205 + 94 6,302 Volume extended 1 Change from: 1 Month Year 1968 ago ago 1,798 +142 +340 + + 759 .1,141 657 744 +107 + 35 +222 +118 +130 + 802 631 + 74 +131 2,532 8,244 + 30 + 82 + + 13 968 154 896 + 20 * + 86 + 23 +128 36,521 -+541 +3,286 3,479 +322 +622 Boston New York Philadelphia 1,603 4,539 2,206 + 18 + 44 + 45 + + + 140 252 233 159 429 208 + 13 + 45 + 27 + 29 + 76 + 51 Cleveland Richmond Atlanta 3,018 2,780 3,608 + *61 + 50 + 36 .+ + + 298 286 533 279 277 330 + 31 + 34 + 11 :+ 55 + 67 + 15 Chicago St. Louis Minneapolis 5,331 1,738 1,195 +108 + 37 + 21 + + + 338 153 121 522 171 124 + 49 + 23 + 7 +107 + 38 + 22 Kansas City Dallas San Francisco 2,061 2,334 6,108 + 25 + 22 + 74 + + + 267 268 397 200 209 571 v« + 22 + 13 + 33 + 25 +104 Purchased Direct Other consumer goods Home repair and modernization Personal loans TOTAL Federal Reserve District:
@FedFRASER