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FEDERAL RESERVE G.18 • September 4, 1969 CONSUMER INSTALMENT CREDIT A T COMMERCIAL BANKS JULY 1969 Consumer instalment credit outstanding at commercial banks increased $332 million in July and at the month-end amounted to $39,248 million. Although all major types of credit were larger than on June 30, automobile and other consumer goods accounted for most of the total expansion. The volume of instalment credit extended'in July was $217 million below the June total. All sectors except other consumer goods credit were in smaller volume than in either June this year or July 1968. Consumer Instalment Credit at Commercial Banks (Estimates, in millions of dollars) Type of credit ,[ - Volume extended Change from: Year Month ago Amounts outstanding Change from: July 31, Month Year 1969 ago ago Automobile paper, total July 1969 20,315 +131 +1,708 1,589 -137 -134 12,814 7,501 + 87 + 44 +1,070 + 638 .989 600 - 99 - 38 -107 - 27 6,709 2,780 9,444 +152 + 17 + 32 +1,150 + 141 +1,146 693 153 888 + 10 - 17 - 73 +138 9 - 15 39,248 +332 44,145 3,323 -217 - 20 Boston New York Philadelphia 1,755 4,989 2,430 + 17 + 38 + 14 + + + -141 449 257 161 427 1 8 5 9 - 32 - 20 1/ 1 - 18 Cleveland Richmond Atlanta 3,016 3,466 3,848 + 38 •+ + 14 + + 24 + 314 429 384 252 295 330 - 12 - 25 -21 + 2 7 + 15 Chicago St. Louis Minneapolis 5,736 1,883 1,312 + 72 + 12 + 18 + + + 596 160 195 495 148 110 - 15 - 13 - 12 6 - 20 6 Kansas City Dallas San Francisco 2,220 2,486 6,107 + 24 + 23 + 38 + + + 286 255 679 190 226 504 - 6 + 11 - 63 + 1 + 23 - 3 Purchased Direct Other consumer goods Home repair and modernization loans Personal loans TOTAL . Federal Reserve District: 1/ Less than 0.5 million. -
