Full text of G.18 Consumer Instalment Credit at Commercial Banks : September 5, 1962

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FEDERAL

RESERVE

statistical
-

//f.

5, 19&2

' CONSUMER INSTALMENT CREDIT -AT COMMERCIAL; BANKS .
JULY 1962
Consumer instalment credit outstanding at commercial banks
rose 5205 million in July, and at month-end amounted to ij>17,8l5 million.
Automobile credit accounted for two-thirds of the. increase but each of
the other major types of credit also rose.
Extensions of credit, at .^1,756 million, were somewhat smaller
than in the preceding month but remained above, the volume of a year earlier.
Consumer Instalment Credit at Commercial Banks
(Estimates. In millions of dollars)
Amounts outstanding

Type of credit

Change from:
Year:
Month
ago
ago

HI

July 31,
1962

Automobile paper, total
Purchased
Direct
1

2 , 5 9

+137
+ 98
+ 39

°

Other consumer goods paper
Repair and modernization loans I 2,158
| 4,084
Personal loans
17,815

Total

855
551
^304

+826

+519 •
+308

Change from:
Year "
Month
ago
ago .
-29
- 9.
-20

| +164
+106
+ 59

+363

264
143
494

-16

+ 18
+ 22
+ 70

4.749

1,756

-28

. +274

+ 23

. 92
280
112

- 3
-19

+ 10
+ 39

119
150
144

+1
• + 9
- 7

253

-20
• + 5+ 1

+ 16

-r423

+ 17
+ 35

. - 18

+205

July
1962

;•+

6

+11

Federal Reserve District:
930
2,928
' 1,188

Boston
New York
Philadelphia

_

+

Atlanta

•

Kansas City.
Dallas
San Francisco
1/ Less than SO.5 million.




2,633
816
526
849
959
2,992

6
8

+107
+ 21

. + 50
+139
+ 1 0 .! + 48

+ 15
+ 29

1,223.
1,379.
1,392

Cleveland
Richmond

Chicago
St. Louis
Minneapolis

+

+ 32.

'

+

-

2

+ 6
+ 15
+ 35

+105
+ 20
- 22
+ 58
+177

81

•

50
88
102
285

y

+ 16
+ 18

+ 37
14
+ 42
+ 18

+

3

+ 15

-A-

+ 43