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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

+

.