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- . BOARD OF GOVERNORS OF THE FEDERAL- RE-SERVE SYSTEM G.18 April], 1956 CONSUMER-INSTALMENT CREDIT AT COMMERCIAL BANKS . FEBRUARY 1956 Consumer instalment credit held "by commercial "banks . increased $38 million in February, and at the end of the month amounted to $10,398 million. Outstanding automobile paper and personal loans continued to increase,.but other consumer goods paper end repair and modernization loans were down slightly from the end of January. Total balances continued about 20 per cent above a year earlier. Extensions of credit during February declined seasonally, but continued well above the year-ego level. Consumer Instalment Credit at Commercial Banks (Estimates. In millions of dollars) . Type of credit j Amounts outstanding I Feb. i Change from: | Month • Year i 29, ago 1 ago i 1956 ' Total Federal Reserve District: 34 i ! + n o 289 1 + 2 , 1 2 4 + 17 ' + 444 221 | 2 , 0 9 9 - 10 + 254 226 1,245 - 11 - + 26 1,919 + 8 + 216 10.398 + 38 +1,710 1 . 0 7 1 551 + 3 1 , 8 4 9 + 3 i + 3 | + 103 j + 94 12 + + 4 + 19 15 4 + 25 72 + + 17 263 - 13 + 21 8 49 +131 1 702- • Cleveland Richmond 'Atlanta 666 720 723 ; Chicago St. Louis Minneapolis + 7 - - 4 : 354 +• 3 486 - 560 - + 1,774 1 + 1 8 19 + = 9 8 ' 58 + 272 ' 179 I+112 i+ 87 - " 1 481 1 , 5 3 2 Kansas City Dallas San Francisco 3 , 0 1 1 + l 'Boston . New York Philadelphia •. 1 I Automobile paper Purchased Direct ' Other.consumer goods paper Repair and modernization loans Personal loans '' Volume extended Change from: Month j Year ago ago • Feb. | 1956 + 7 + 8 7 + + 2 6 152 44 37 38 69 125 • . 9 - 48. 350 2 2 . + + 71 + + + 13 + 1. 69 + + + 6 . 4 + 86 315 - 65 - 1 + + 2 2 - 2 + 8 - 1 r 52 67 190 6 + 10 - 14 1 + 10 + 42
@FedFRASER