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FEDERAL
statistical

RESERVE

release

ML RtS'-t'
G.18

April 5,.1965
CONSm-m

AH/

COI4CRCIAL B A m S
FEBRUARY 1965

Consumer instalment credit held by commercial banks amounted to
" 324,246 million at the end of February, an increase of $155 million for
the month. ..utomobile paper accounted for the major part of the increase
but personal loans also were up. Home repair and modernization debt outstanding declined as is usual at this time of the w a r .
On February 28 the total amount outstanding at banks was 32,447
million larger than a year earlier, reflecting gains in all major categories.
The volume of instalment credit extensions on ncnautcmotive
consumer goods registered a decline somewhat sharper than is usual in
February., mere than offsetting the moderate gains shox?n by commercial
bank' extensions of all other types of consumer instalment credit.
Consumer Instalment Credit at Commercial Banks

Type cf credit
Automobile, '.total
Purchased
Direct
Other consumer'goods
Home repair and modernization
Personal l^ans
*
.

-Total;

Amounts outstanding
. "Change from:
j
Year
|Feb. 28
Month
. ago •
___ago.'_
1965/
12,97$
8,405
4,568

+145

+.1,646

Volume extended
..Change.,.from:
Feb.
Year
Month
1965
. aeo
.ago
11,049

+37

+157

659
4l0

+19
+18

+ 90
+ 67

283
87
555

-88
+ -2 '
+ .3

+ 12
- 6
+ 25

-46

+188

. + 80 +1,130+ 65 + 516 .

5.457
2,578
5.458

+ 2
- 22
+ 30

+
+
+

24,246

+155.

+2,447

1,974

84
1 •+
4 + 279
2 t 145

89
268
108

251
62
508

.

Federal Reserve District:
Boston
. :Ie% York
Philadelphia

1,145
5,722
1,555

Cleveland
Richmond . .
Atlanta

1,690
1,908
1,834

Chicago
St.. Louis
Minneapolis

: 3,635.
1,143
738

Kansas City

1,212
1,460
4,230


Dallas
Sa% Francisco


+
+
-

+ 11
+ 4
-.12
' -19
+ 8 - + 7

134
155
196.

+ 1
•+ 2
+ 6

+ 18
+ 16
+ 51

+ 19 + 415
. + 5 + 102
+ 11 + 106 .

276
81
65

-58
+ 2
+ 4

+ 37
+ p
+ 17

+
+
+

107
129
566

- 8
- 3
+15

+ 10
+ 4
+ 42

+ 14
: + 15
+ 18

+ 7
+ 18
• + 45

+ 189
+ 204
+ 148

125
164
490

.