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BOARD CF GOVERNORS OF THE FEDERAL RESERVE SYSTEM G- .13 . January 6, 1958 . CONSUMER INSTALMENT CREDIT AT COMMERCIAL BANKS * NOVEMBER 1957 Consumer instalment credit held "by commercial "banks was down slightly in November from the preceding month,.and at the end of the month amounted to $12,71? million.- The monthly decrease reflected declines in durable goods paper offset in part "by increases in repair and modernization and personal loans. Total "balances were at out 9 per cent above the year-ago level. Total extensions of credit during.November were also down from a month earlier, as'a result of declines in each type of credit, and were slightly below the year-ago volume. Consumer Instalment Credit at Commercial Banks (Estimates. In millions-of dollars) Amounts outstanding Change from: Year • Nov. 30, Month ago ago 1957 | Type of credit • ' Automobile paper Purchased Direct Other consumer goods paper Repair and modernization loans Personal loans ] Total Federal Reserve District: . Boston New York Philadelphia j Volume extended • Change from: Year Month . ago ago . 4,067 -15: 2,333 - -• 1 2,448 -23 + 6 1,537 + 1. 2,332 . Cleveland -'"Richmond Atlanta • .964 849/ 957 Chicago • St. Louis Minneapolis 1,882 440 +1,069 319 .•-58 - 12 210 - 41 239 94 288 1,150 - 17 • - 24 zM . + 2. +27 . -44 T 8 +17 -6- ;• 687 2,188 924 569. 4 427 . + . 251 - + 85 71 +. 235 -32 1 12,717 I Nov. 1957 + r + 5 + ' 61 181 61 190 107 76 + 2 0 + ' 83 • 62 + 83 79 86 93 -14 - 5 0 + - 1 - 3 + + 169 44 39 -174 48 41 - 9 - 20 . - 6 -10' - 8 - s - 38 -12 9 + 1 + 9 + 4 - 3 + 1 - 3 -21 - 2 0 + 65 + 3 - 8 - 6 584 Kansas Ci by 56 + 1 4- 10 702 67 Dallas 98 - 3 + + 4 - 14 - 8 2,031 San Francisco 179 77 back led. For ,hose previously publish ^Revised data. Not comparable with t figures see Federal Reserve Bulletin for December 1957, PP- l400-l403 and . pp. 1U20-1422. -
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