Full text of G.18 Consumer Instalment Credit at Commercial Banks : April 1, 1960

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- BOARD OF GO VERIO RS OF THE FEDERAL RESERVE SYSTEM
G«18

A p r i l 1 , I960
CONSUMER INSTALMENT CREDIT AT COMMERCIAL BANKS
FEBRUARY 19 60

ConsuMcr i n s t a l n e n t c r e d i t , h e l d by conne'rcial bonks i n creased $68 r i l l i o n d o l l a r s i n February, and a t the nonth-end uas
e s t i m a t e d a t $15,13b M i l l i o n . The r.onthly expansion r e s u l t e d f r o n
. i n c r e a s e s of 056 M i l l i o n i n autor.obile c r e d i t and fl21 m i l l i o n i n
p e r s o n a l l o a n s , o f f s e t i n p a r t by s l i g h t d e c l i n e s i n o t h e r types of
credit.
.
;
Extensions of c r e d i t during February irerc $1*7 M i l l i o n
l a r g e r than i n the preceding no n t h , 1 r e p r e s e n t i n g i n c r e a s e s i n a l l
. c a t e g o r i e s except o t h e r cons uric r goods p a p e r . .
Consuner I n s t a l m e n t C r e d i t a t Connercial Banks
( E s t i n a t e s . I n M i l l i o n s of d o l l a r s )
.'.Mounts o u t s t a n d i n g
Change f r o m
Month
Year
Feb. 29,
ago
. ago
I960

Type of c r e d i t

AtfEonobile paper
Purchased
Dircct
Other consuner goods p a p e r
Repair, and Modernization loans
"Personal loans-

Volume extended
Change f r o n :
Month Year
ago
ago

Feb.
I960

+ 26
. +21
-2h
+ 9
+ 15

+
+
•+
+
+

li2.
19
I48
15
Wi

1,822
2,5^9
2,681
1,928
.3,151.

+ 29
*27
- 5
- L
+21

+
+
+
+
'•

7U7
3#
39L
233
U91

U06
215
261
98
383

15,131

+68"

+2,196

1,393

+Ji7 + 168

+ 1
+ 18
+ 6

+
+
+

82
312
122

67
238
89

+ 3 + 7
+ 7 + 5o
+ 6 + 21

1,017"
1,061
1,237

+ 6
+ 1
0

+
+
+

132
1%
159

9h
102
119

+ 8 ' + 1U
+ 8 + 9
-11 + h

Chicago"
S t . Louis
Minneapolis

2,210
619
561

+ 1
+ 1
+ 6

+
+
+

U13
65
100

1015U
57

-20 + 25
+ 2 - 1
+ 9 + 16

Kansas C i t y
Dallas
San Francisco

767
818
2,607

- 1
h

+
+
+

106
90
I4.62

66
85
238

+

Total
F e d e r a l Reserve D i s t r i c t :
Boston
lie-.: York
Philadelphia

7k3
2,L81
983

Cleveland
• - Ri chnond
Atlanta




.

-

• +
*

2 5

- 2 - 2
3 + 9
+3k + 16