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BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM :
G.21

M a / 2 , 1961

CONSUMER LOANS MADE UNDER EFFECTIVE STATE SMALL LOAN LA:/S*
Amount outstanding and volume of loans made
March l$6l
(Estimates, in millions "of dollars)
March

Item 1961
Amount of loans outstanding,
end of month
Change from:
Month ago
Year ago
Volume of loans made during
month
Change from:
Month ago
Year ago

I960

1959

3,376

3,091

2,805

- 10
+ 285

+
9
+ 286

+

338 '

380
66
10

29
42

3*
89

+
+

36
5

*Data cover all consumer loans made under effective-State
small loan laws, as defined by the National Consumer Finance
Association. Includes such loans made by consumer finance companies, sales finance companies, and other lending institutions.