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- FEDERAL statistical RESERVE release M a y ] , 1962 —-G. 18 - COHSUmER IN8T&U.',3MT CI^DiT AT COiii.ERCIAL BAnKS March'1962 C_e^- c.» Consumer i n s t a l m e n t c r e d i t o u t s t a n d i n g a t commercial banks i n c r - ^ r i d - ' . ^ ] M i l l i o n i n March, and a t the end of the month amounted to :• 16, /79 m i l l i o n * I n c r e a s e s i n automobile paper and p e r s o n a l l o a n s r.ioro t.nan o f f s e t d e c r e a s e s i n . o t h e r major types of c r e d i t . A l a r g e p a r t of the d e c l i n e i n o t h e r consumer goods paper was due t o r e p a y ments on the l a r g e purchase of p a p e r - m a d e ; i n J a n u a r y 1961. E x t e n s i o n s of c r e d i t d u r i n g March were up :^23^ m i l l i o n from a r.onth e a r l i e r and &128 m i l l i o n from a y e a r e a r l i e r . Automobile c r e d i t accounted f o r a b o u t two t h i r d s of the march i n c r e a s e i n extensions. . „ Consumer Ins t a l m e n t 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 ) Volume extended Amounts o u t s tr.ndinq; Charr>e f r o m : Change 1 March- 31, " l i o n t h "Year, I-i: re " i,o nth YcT- r ago a~o ago 1962 1962 Type of c r e d i t Automobile paper Purchased Dircct . Other consumer ?oods paper Repair and m o d e r n i z a t i o n l o a n s Personal loans 2,361 2,918 2,%9 2,100 3,.819 16,779 Total +55 +37 -1,5 -19 +25 +190 +116 -900 • - 3h +259 " +53 • -369 500 293 22k 97 k?9 ?99 + 51 — 6 + 19 + 71 + 91 + 30 ~ 9 -11 + 26 1,593 +23U +128 F e d e r a l Reserve D i s t r i c t : Boston ' New york Philadelphia Cleveland Richmond Atlanta' Chicago S t . Louis . Minneapolis' Kansas C i t y Dallas San F r a FRASER n c i s c o Digitized for v '880 2,753 1,133 '+1 + 2 - 8 -16 + 1 -59 85 256 95 + 21 : + 3r + 16 - 1,156 1,279 . 1,339 + 2 +15+ 7 - 13 + 70 - 3 109 128 Ihl + 18 + 20 + 11 + 6 +- 11 + 16 • 2,ai .763 511 +11 + 1 - h -167 - ItO - -Ui 228 70 h2 + bh + 11 +' k + 37 + .6 -,H 805 #5 2,82k + -li +12 +10 -21 - 27 -50 8k + 15 100 + 20 255' + 17 + k + 10 + 1:7 1 3 1
