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FEDERAL
statistical

RESERVE

release

G. 20

. J u n e 6,

1968

SALES FINANCE COMPANIES
A P R I L .1968
Consumer
$90 million
credit

instalment

in A p r i l

showed

increases, with

passenger

Other

consumer

cant gains over
declined during

extensions,

goods

less

although

Business
categories

extensions

and

credit
less

than

credit

contributed

of business

Outstanding

But

customary,

outstanding was
to

for

Credit Held

instalment

credit

Retail

automotive

(passenger

Other

consumer

sales

Personal
Business
Retail

modernization

loans

credit

finance companies was

and

automotive

in p e r s o n a l

Wholesale

other

up

in A p r i l ,
overall

loans.

totalling

in auto

The remaining

than usual,

except

$8,161 million.

advance held

by Sales

true

in

Finance Companies

of d o l l a r s )

30,

I n c r e a s e or d e c r e a s e d u r i n g
Apr.

Apr.
1967

1968
-90 .
66

Year
Apr.

10
- 3

.

-

1968

200

-11

4,957
86

ended
30,

-__3

8,931

-197
208

5
1

-

18

17

4

207

112

41

533

than automotive

credit

1,033

13

2,947

credit

some

lower

only

a rise

;

(commercial
vehicles)

Excludes

There was

too, w e r e

signifi-

outstandings have

8,161

\!

automotive

V

showed

2,816

Wholesale

Other business

car

16.790
cars)

goods

and

modernization

loan credit have registered

retail passenger

April

credit

Consumer

and

categories, however,

This

the rise.

finance companies rose

Repair

the bulk.

1968

Home repair

sales

as w e l l .

(In m i l l i o n s

T y p e of

at

other

expected for April.

Repayments,

credit

All

personal

extended by

than might be

categories showed decreases.
for p e r s o n a l loans.

All

outstanding

cars accounting

t h e p a s t 12 m o n t h s .
this period.

The r i s e of
$47 million,

credit

total of $16,790 million.

to a

a small decline from March.

35

692

.10

3,489
extended

subsidiaries. -




to b u s i n e s s ,

such

54
as

that

-

7
6

.

7
33
extended by

- 14
125
128
294
factoring

G/20
- Credit

Extended

by

Sales Finance

(In m i l l i o n s

Type of

Companies

of d o l l a r s )

Apr . .

credit

1968

Consumer

instalment
automotive

(passenger

from:
Year
ago

1,336

credit

•Retail

Change
Moilth
ago .
47

168
107

678

44

New

454

36

72

Used

224

8

35

Other
Home

consumer
repair

Personal
Business

-20

363

goods

11

1

-

292

and

3

24

- 3
53

2,826

105

619

modernization

loans

credit

Retail

cars)

1/

.

automotive

(commercial vehicles)

109

3

— 1

New

81

Used '

28

-

1
1/

Wholesale

automotive

Nevt(passenger
Used

(passenger

Wholesale
Other

other

business

• 1/Excludes
factoring
2/Less

and

some

and

paper

1,844

52

commercial)

1,793
51

60
8

365
- 3

commercial)

than automotive

4

191
682

credit
credit

4
362

extended

subsidiaries.

than 0.5

1

million dollars.




to b u s i n e s s ,

such

as

48
that

J

extended' by

51
203

'

G.20
Number

of M o t o r

Vehicles

Financed
(In

Type

Total
New
Used
New
Used
Total
New

retail

143
21

commercial

(passenger

12

17

\
-

7
1

14

commercial)

and

V

i3-;"
1/
7

-16

582

commercial)

Year
ago
37

613

at w h o l e s a l e

from:

18

145

passenger

-

61
-

- 6

,

31

-10

69
- 8

than 0.5 million dollars.

The
cent

323

commercial

(passenger and

1/Less

Change
Month
ago

1968

passenger

financed

Used

of

lenders

table

presenting

total number

Information

sold

at

of

cars

on n u m b e r

appears

by writing
of

at

Sales Finance Companies

April

of vehicle

financed

by

thousands)

to

the F e d e r a l

in r e l e a s e

credit

sales

retail will
sold

G.26.

Copies

the D i v i s i o n o f R e s e a r c h
Reserve

of new
no
of

and

and

cars

this.release
C.,

as

in t h i s

a per
release-

average notes of major
can be

Statistics, Board

System, Washington, D.




passenger

longer appear

on. c r e d i t

20551.

obtained

of Governors