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F E statistical D E R A L R E S E R V E release April 4, 1962 - CONSUMER D T S T A L ^ T ^ C R E D I T AT COMMERCIAL BANKS FEBRUARY 1962 : 'Consumer instalment credit held by commercial banks at the end~nf February is..estimated at 316,726 million, $33 million , below the January level. Decreases in other consumer goods paper and repair ..and modernization loans more than offset an increase in automobile credit. Host of the dep.line in other'consumer goods paper was due to repayments on the large-purchase of paper, made in January 1961. The volume of credit extended during February was down 382 million from the previous month, but,was 3142 million above the volume a year earlier. .Consumer Instalment Credit at Commercial Banks (Estimates. In millions of dollars) Amounts outstanding Change from: Month Year ago . ago Type of credit . Feb. 28, 1962 Automobile paper Purchased Direct Other consumer goods paper Repair and modernization loans Personal loans 5,309 2,881 2,594 2,119 3,823. • T^tal +17 +10 -37 -28 + 5 Volu ne extended Chahge from: Year . Month 1962 ago ago . 122 93 1,002 29 + 257 . 401 242 230 " 78 408 -15 .-18 + 3 - 5 -47 + 83 - 33 + 20 - 6 • + 13 + 16,7:6 -33 - 559 1,359 -82 +142 879" 2,751 . 1,141 - 6 -12 - 6 • 23 3 62 - 64 219 79 -10 '- 1 -11 - 1 + 30 + 11 91 108 130 - 5 -11 + 6 + 8 + 17 + 20 226 47 45 184 59 38 -26 + 3 - 7 + 28 + 4 - 2 24 46 111 69 80 238 - 6 - 5 - 9 1 1/ + 26 Federal Reserve District: "Boston Iv3w York • Philadelphia. Cleveland Richmond" - Atlanta Chicago St. Louis Minneapolis Kansas City Dallas- . . " . San Francisco 1,154 1,264 1,332 - 1 + 2 .+ 2 '- 2,430 762 515 -10 - 1 - 6 801 883 2,814 - 4 - 1 +10 ^ http://fraser.stlouisfed.org/ 1/ Less than SO. 5 million. Federal Reserve Bank of St. Louis - 16 57 ,/ 1 9 + .