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BOARD OF GOVERNORS OF.THE FEDERAL -RESERVE SYSTEM
G.18

'

March 6, 1958

CONSWIER INSTALMENT CRTDIT AT COMMERCIAL BANKS
JANUARY1958
Consumer i n s t a l m e n t c r e d i t . h e l d bv commercial banks d e c l i n e d
i n January, and a t the month-end amounted to $12,611 m i l l i o n . A l l •
types of c r e d i t d e c l i n e d except p e r s o n a l l o a n s . The decrease i n o t h e r
consumer-goods paper r e f l e c t e d , i n p a r t * l a r g e repurchases of paper by
r e t a i l o u t l e t s . T o t a l balances continued above a year ago.
S
Extensions of c r e d i t during January amounted to ^ 1 , 1 m i l l i o n , which was somewhat smaller t h a n both a month ago and a year ago."

. •

. 12,611

+ 363
+238
+ 65
+ 56
+ 251

5=

Chenge
Jan. • Month
ago
1958

1
Til

Total

a,016 !
2,330
2,378
1,508
2,379 '

ll

Automobile paper
Purchased
Direct
Other consumer goods paper
Repair and modernization loans
Personal loans.

Amounts o u t s t a n d i n g
! from:
Month
Year
Jan. 31,
ago ,.
. ago .
1958

1

Type of c r e d i t

I
1

Consumer I n s t alment C r e d i t a t /Commercial Banks
( E s t i m a t e s . I n m i l l i o n s of d o l l a r s )

Year
ago
"7
-25
' - h
-26
- + 1

-103

: ' 308
221
2h3
76
326

-22
0
- 5
-10
-17

.1,171

38.
" 5.
57
19
16

=lk

-30

+ 2k

F e d e r a l Reserve D i s t r i c t :
• Boston
Hew York
Philadelphia
Cleveland
Richmond
Atlanta

892.
858
961

1

-

679 '
2,172
921

,

.
.

7
5

+ 5h
+166
+ 91

- 7
57
193 + ' 2
80 , - 2

+ 3

+
-

7
1
1

+ 63
> 72
+ 73

76 . - 1
88
-9
. 100
- 7

- 8
+ 6
- L

~"h

Chicago
S t . Louis '
Minneapolis

1,798
565 /
LL2 '

- 67
- 2
- 2

+ 162
+
+ 33

Kansas C i t y
Dallas
S=:n Francisco

591
706
2,026

+
-

+




2
2
9

h3

66
+ 88
+ 62

161
52
kh

-18
- 1
• - 7 '

68 "
0
72
- h
, 183
0

- 5
-

h

. -1.7
+ 5
+ 2
+ 7
-

h

-11;