OTHER NEWS - Oct. 8, 1994

Consumer Credit Up for 17th Month: U.S. consumer borrowing rose in August as Americans rang up more purchases on their credit cards. Auto borrowing was also up. Installment credit increased a larger-than-expected $11.199 billion in August to a seasonally adjusted $868.808 billion, Federal Reserve Board figures show. The August increase was the largest monthly increase since May, a Fed spokesman said. In July, consumer credit rose a revised $7.704 billion, initially reported as a $5.568-billion increase.