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BOARD OF GOVESitfFS °F THE FEDERAL RESERVE SYSTEM ••5.18 F e b r u a r y 6 , 19 6 l coKSUMkE i n s t a l m e n t C r e d i t a t commercial, banks DECEMBER I 9 6 0 Consumer i n s t a l m e n t c r e d i t h e l d by c o m m e r c i a l b a n k s amounted t o $ 1 6 , 3 5 8 m i l l i o n a t t h e end o f December, a b o u t t h e sameas a t t h e end of t h e p r e v i o u s month. R e d u c t i o n s i n a u t o m o b i l e and . • r e p a i r and m o d e r n i z a t i o n l o a n s a b o u t o f f s e t ^ i n c r e a s e s i n o t h e r t y p e s of ' c r e d i t . ^ y . A s l i g h t l y s m a l l e r volume o f c r e d i t was e x t e n d e d i n December t h a n i n November, w i t h c h a n g e s . b y t y p e o f c r e d i t d i s t r i b u t e d a b o u t t h e came way a s c h a n g e s i n o u t s t a n d i n g s . 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 o f c r e d i t Autcm-Voile p a p e r Direct O t h e r consumer goods p a p e r R e p a i r and m o d e r n i z a t i o n l o a n s Personal loans Total Amount o u t s t a n d i n g | Volume e x t e n d e d Change f r o m : | j Chang ;e f r o m : Year j Dec. j Month j Year Month ago ago ago ago 1 I 9 6 0 1 Dec. 3 1 , I960 - 4 0 • > 437 + 251 - 7 +20 |i + 50 - 1 0 |! + • 124+ 309 3 3 5 + 5,264 2,776 2,690 2,163 3,505 ^ 16.398 !+ 1 , 1 7 1 • 873 2,651 1,101 ! 0 1,136 1,181 1,318 -Chicago St., Louis Minneapolis^ 2,388. 729 569 - 1 - 3 809 892 2,751 + ' -40 -19 +31 -17 +30 -15 + - 23 7 41 31 17 ' -105 - ! ! ; 75 225 84 - 2 - 9 - 9 - 1 - 2 . - 13 87 103 124 - 3 - 3 + 5 - 6 - 2 - 19 1?4 50 42 185 ' 56 47 -10 - 1 . 0 - 52 64 118 77 63 224 + 6 +10 + 1 + 6 - 9 - 24 5 - | u z e + • 97 + 228 + 95 1 - 5 ! + 94 + 3 1 + 116 +" 4 l i 0 Cleveland ".Richmond •. A t l a n t a Kansas C i t y Dallas San F r a n c i s c o r 356 220 268 98 .428 ! F e d e r a l Reserve D i s t r i c t : Boston .Hew York Philadelphia I " 3 j ! ! 6 1+ 0 I + l - 27 6 2