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BOARD OF GOVIRIDRS OF THE FEDERAL RESERVE SYSTEM G.1S - A p r i l 2 , 1958 . CONSUIER r-ISTALM-EfT CREDIT AT COTDIFRCIAL BANKS FEBRU^Y1958 Consumer i n s t a l m e n t c r e d i t h e l d by commercial banks d e c l i n e d b y " ; 196 m i l l i o n i n F e b r u a r y and amounted t o $12,1:15 m i l l i o n a t t h e end o f t h e month. A l l t y p e s ' o f • c r e d i t e x c e p t p e r s o n a l l o a n s s h a r e d i n t h e d e c l i n e . Compared w i t h a y e a r a g o , however t h e t o t a l amount o u t s t a n d i n g was up- a b o u t 7 p e r c e n t . E x t e n s i o n s of c r e d i t d u r i n g t h e month were e s t i m a t e d a t 31,COS m i l l i o n , 1L p e r c e n t below a month ago and 9 p e r c e n t below a y e a r ago. Automobile p a p e r Purchased ; Direcu' O t h e r consumer goods p a p e r R e p a i r and m o d e r n i z a t i o n l o a n s Personal loans • Total Feb. 2 3 , 1958 Volume e x t e n d e d Change from: Ho n t h Year ago ago iri •1 .Amo u n t s r T* nO' nJ 1f VI cu_LTU i j yc I Consumer I n s t a l m e n t C r e d i t a t Commercial Banks ( E s t i m a t e s . I n m i l l i o n s of d o l l a r s ) Change from: year I-Lrth ago ago Feb. .1958 3,966 2,312 2,272 1,L& 2,381 - 50 - 18 -106 -2k + 2 + 286 + 203 - 23 + 1x6 + 2hl 12,LIS -196 ^53 1,008 6$2 2,11:6 908 - 27 - 26 - 13 + 28 + 139 + 75 662 819 - 30 - 9 - 12 > 35 + 67 + 52 271 188190 67 292 ; - 37 33 53 9 3h + 58 28 21 6 13 -166' -100 h9 163 60 - 8 - 30 - 20 - 7 - 10 - 12 63 7h - 13 - Hi - 11 - 15 - 2 - 11 -26 - 20 - u. + 6 F e d e r a l Reserve D i s t r i c t : . " Boston' York . , Philadelphia. Cleveland, Richmond .Atlanta -Chicago. S t . —ouls . Minneapolis Kansas C i t y •- D u l l e s San F r a n c i s c o 1,751 557 LLo 568 698" 2,016 . - i 8 ' - 8 - 2 - - 3 8 - 10 /' 89 + 108 + 21 + • hh 135 U'7 12 " 57 + 76 + 19 61 167 55 - - 5 2 - 13 - 8 - 16 - 5 - 10 - 10
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