Full text of G.18 Consumer Instalment Credit at Commercial Banks : September 5, 1961

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FEDERAL * RESERVE
statistical

release

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September 5, 1961

/%,

: CONSUMER IN5TALMT CREDIT AT COfS-IERCIAL BANKS
JULY 1961
Coisumer instalment credit held, by commercial banks at the
end"or Jurv- is estimated at 316,757 million, $47 million below th6 level
of the preceding month. All types of credit showed, small increases except ot;ner consumer goods paper. The decrease in the latter amounted to
381 million, and was due. to repayments on the large purchase of paper made
in January.
Extensions of .credit during July were down 3112 million from a
month earlier, as a result of decline's in all categories.
Consumer Instalment Credit at Commercial Banks
(Estimates. In millions of dollars)

Type of credit

Automobile paper
Purchased
Direct
Other consumer goods paper
Repair and .modernization loans
Personal loans
Total

Amounts outstanding
Change from:
Year
I'onth
ago
ago

July 31,'
1961

5,198 ' +20
1/
2,79&
-81
3,004
2,116
> 5
+ 9
5,643
16,757

=!tl

- 44 '
+ 19
+314
- 3
+232
+518

Volume extended
Change from:
iionth 1 Year
July
ago
1961 „ ago
1
- 19 1
437
240 , - 23
- 10
245
118
- 9
415
- 51
1,455

+2
+

-10
- 8
+12

-112

Federal Raserve District:

1 - 1
+ 4•
- 2

• -.2
•+ 3
- 9

+ 52
+173
+ 47

82*
237
93

- 10
- 34
- 10

1,123
1,2401,319

- 1
+ 5
+ •7

- 12
+ 94
- 4

97
112
129

- 7
- 10
- 3

- 6
+ 9
- 1

Chicago
3t. Louis
Minneapolis

2,477
750
565

-16
- 3
-5

+139
+ 32
- 10

207
60
48

- 18
' . - 2
- 7

-12
1/
- 2

Kansas City
Dallas
San Francisco

805
889
2,773

- 7 . + 3 .
- 10
- 7
-12
• + 14

71
82
237

9
- 3
•+ 1

Boston
New York
Philadelphia
Cleveland
vkichmond
Atlanta

l/ Less than 30.5 million.



908
. 2,777
1,131

.

1

- 6
. + i
+13