Full text of G.18 Consumer Instalment Credit at Commercial Banks : February 2, 1962

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February 2 , 1962 "

COnSUI'jER Ii?8TAB'iMlT\CE2niT AT COMMERCIAL B.#KS
DECEMBER 1961
Consumer i n s t a l m e n t c r o d i t hold, "by commercial "banks a t
t h e end of.December i s v s t i m a t s d a t $16,843 m i l l i o n , $7 . m i l l i o n
more then a t t h e end o f t h e p r e c e d i n g month. I n c r e a s e s i n p e r s o n a l l o o n s and a u t o m o b i l e c r e d i t more t h a n o f f s e t d e c r e a s e s i n
o t h e r types o f c r e d i t . The d e c l i n e i n o t h e r consumer goods p a p e r
was due t o repayments on t h e l a r g e p u r c h a s e of p a p e r made i n
- J a n u a r y 1961.
The volume o f c r e d i t e x t e n d e d d u r i n g December was down
$25 m i l l i o n from a month e a r l i e r b u t was $15 m i l l i o n above t h e
y c - c r - e a r l i e r .volume.
Consumer i n s t a l m e n t C r e d i t a t Commercial Banks
(Estimates. I n m i l l i o n s of d o l l a r s ) .

Type- of c r o d i t

Automobile p a p e r
Purchased
Direct ,
0 t h e r consumer goods p a p e r
Be p a i r .and m o d e r n i z a t i o n l o a n s
? crsonal loens
Total

Amounts. 1 u t s t a n d i n g
. Change fi^om:
Month
Year
.a^o
-

Dec. 31,
1961

5,307
2.662
2,684

2,180
3,810

- 7

- 9
+ 42
- 75

+10
.

-16

•

-15
+35

16,843

- 20

+233

J^^^ikjnded
Change from:
Dec.
Montn
Mom " Y e a r
1961
_2gO_ _ ^ o
38?
241
259
•g

+24
+14

-38
-23
+30.
-19
+25

+171 M 3 1

-22

+15

Fedural_ g/.cor.-: D i o t r i c t :
'

JTew York
P hiladelphi a
Cleveland
Richmond
- Atlanta
. Chicago
S t . Louis
Minneapolis
Kansas C i t y
Dallas
San F r a n c i s c o


1 / Less than $0.5 m i l l i o n .


894
2,787
1,156

- 3
+11
- 5

1,163
1;2^9
1,339

- 1
1 /

2,452
770
.523

-14
- 5
- 4

- 4
+ 9
- 30

813
883
2., 804

+ 2
+ 2
+19

+
+

+ 18
-

2

+ 79
- 12

4
1
1

• 72
239
85

-11

96
115
127

- 1
+ 1

197

- 3
- 7
-

6

% X

. II
242

- 4.
+ 7
- 4
+ 4
+12
-

2

+ 1
-

2

- 3
- 4
+ 2