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FEDERAL statistical RESERVE release G.18 September 4, 1964 CONSUMER INSTALMENT/ CREDIT AT COMMERCIAL BAIKS JULY 1*964 Consumer i n s t a l m e n t c r e d i t outstanding a t commercial banks increased $269 m i l l i o n i n J u l y , apd a t t h e end of the month amounted t o $23,176 m i l l i o n , A l l major types of loans shared i n the r i s e , with automobile paper accounting f o r t w o - t h i r d s of the t o t a l expansion. Extensions of i n s t a l m e n t c r e d i t by banks, a t $2,199 m i l l i o n i n J u l y , were somewhat smaller than i n t h e preceding month but were higher than the volume a year e a r l i e r . Consumer I n s t a l m e n t C r e d i t 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 Amounts o u t s t a n d i n g Change from: Change from: J u l y Type of c r e d i t J u l y 31, Month Month Year Year 1964 1964 ago ago ago ago 12,350 4-173 +1 ,452 1,129 -45 80 7,979 4,371 4-125 + 48 '+ -1-1,003 449 736 393 -24 -21 > 74 + 6 3,234 2,380 5,212 29 25 -i- 42 248 68 534 325 146 599 -Ml 1/ -14 32 - 4 * 25 23,176 -:-269 -:-2 ,302 2,199 -48 -:-133 Boston New York Philadelphia 1,133 3,605 1,430 4 21 13 83 + 347 + - 132 103 330 132 -10 -12 V + Cleveland Richmond Atlanta 1,605 1,837 1,768 23 25 1G 163 204 90 150 167 190 - 7 - 9 + 4 5 8 -!- .14 Chicago St. Louis Minneapolis 3,445 1,110 607 58 11 342 96 69 4 - 2 1/ v 8 378 113 63 1,162 1,357 3,987 + 14 19 + 50 121 147 456 121 134 365 -1-2 Automobile p a p e r , t o t a l Purchased Direct Other consumer goods paper Repair and modernization loans Personal loans Total Federal Reserve D i s t r i c t ; If Kansas City Dallas San Francisco Less than 0 . 5 m i l l i o n . - + 3 -21 2 2 7 40 2 8 15 11 23 ,
@FedFRASER