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BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
0.16

•

S e p t e m b e r 30* 1958
CONSUMER IyST.iDTEKT CR1IIT AT COK-SRCI/.L E;WKS
AUGUST 1958

Consumer i n s t a l m e n t c r e d i t h e l d b y c o m m e r c i a l b a n k s i n c r e a s e d 3ii9 m i l l i o n i n A u g u s t t o an . e s t i m a t e d £ 1 2 , 6 3 0 . m i l l i o n a t t h e
m o n t h - e n d . • The m o n t h l y e x p a n s i o n r e f l e c t e d i n c r e a s e s i n a l l t y p e s
o f c r e d i t e x c e p t l o a n s made d i r e c t l y t o c o n s u m e r s f o r t h e p u r c h a s e
o f a u t o m o b i l e s . T o t a l b a l a n c e s were up s l i g h t l y f r o m a y e a r e a r l i e r .
The volume o f c r e d i t e x t e n d e d d u r i n g August v.T"s 8 7 8 m i l l i o n
s m a l l e r t h a n a month e a r l i e r , as a r e s u l t o f d e c l i n e s i n n e a r l y a l l
types of c r e d i t .
Consumer I n s t a l m e n t C r e d i t a t C o m m e r c i a l Banks
• (Estimates. I n millions of d o l l a r s )

- -Tyee-o.f. c r e d i t

AU-T.Cmo b i l e

.

Volume E x t c n d e d
Chanre ; f r o m :
X>nth Y e a r
ago

Amounts o u t s t a n d i n g .
ChanRE f r o m :
August 3 0 , Month l e a r
ago
1958

August
1958

PRP e r .

..

Purchased
•Direct
O ^ n e r - c o n s u m e r goods p a p e r
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
'Total

+ 13
- 7
+ 3
+18
+ 22

3,918 ^
2,332
2,276'
1,512 '
2,592
12,630 -

-108
+- 2
-158
+
9
+ 278

'tkZ

359
208
235
105
• 317
1,23k

-1)2

-lb
-20

-25-

+ 1
-20

-25 .

-11
- 8
•30 .

-78

-86

- 7

- 5
-17
+ b

F e d e r a l -Reserve - D i s t r i c t :
Poston
•!ev; York
.Philadelphia
Cleveland
Richmond'
Atlanta

7I; :

991

1,738
556

Kansas C i t y
'Dallas
San F r a n c i s c o

630
702
2,:C6

UTS'

'

66
203
91

3
33
+ 10

+ 8

+

+

3
+ 7
+ 6

- b5
* b2
+
39

0• 5
+ 7

-10b
- 10
+ 39

- + 5
- 5
+ 5

+ hi

V

851;
831

Chicago
S t . Lo u i s .
Hi.nr.eacolis




0

2,1"K .
92b

+ 2
- 27

-27
* 2 -

- 6
+ I

En
95

.

105

-

163

-17
0
+ 1

Sh

52

5

70

- 6
-lb

187

0

68

-

-11
+ 1
- b
-38
0
2

•

~ f

-lb
+ 1