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.-•qfcow.-. • FEDERAL RESERVE ..statistical f * A L R £ ^ •" r e l e a s e G.26 f . ... \ \ For immediate releale August 7, 1970 1^"" \ INSTALMENT CREDIT DEVELOPMENTS-JUNE 1970 NEW CARS All lenders Bank direct loans Bank. purchased paper - Sales finance Other lenders Seasonally Adjusted . Extensions ($ millions): i June 1970 May 1970 June 1969 1,642 1,488 1,651 339 300 340 558 519 594 523 472 505 222 197 212 3,087 3,012 3,071 3,107 3,030 3,155 3,478 3,467 3,362 3,063 3,012 3,026 110 100 111 180 171 188 150 136 150 72 65 70 601 513 581 269 225 257 [ Average note (Dollars): j . | I June 1970 May 1970 June 1969 3,20^ 3,153 3,181 . . I Cars financed (000): June 1970 May 1970 June 1969 512 472 519 Not Seasonally Adjusted Extensions ($ millions): June 1970 May 1970 June 1969 1,923 1,664 1,934 395 344 396 3,179 3,140 3,155 3,062 2,991 3,046 3,104 3,063 3,153 3,454 3,443 3,339 2,989 2,961 2,954 129 115 130 212 190 222 174 149 174 90 76 87 658 582 700' Average note (Dollars): June 1970 May 1970 June 1969 Cars financed (000): June 1970 May 1970 June 1969 605 530 61,1- G.26 -2AUTOMOBILE INSTALMENT CREDIT DEVELOPMENTS-JUNE 1970 USED CARS All lenders Bank direct loans Bank purchased paper Sales finance Other lenders Seasonally Adjusted Extensions ($ millions): June 1970 May 1970 June 1969 923 871 936 232 206 222 305 304 330 200 189 209 186 172 175 1,678 1,705 1,654 1,660 1,744 1,657 1,712 1,722 1,728 1,785 1,769 1,705 1,554 1,583 1,480 550 511 566 140 118 134 178 177 191 112 107 123 120 109 118 Average note (Dollars)June 1970 May 1970 June 1969 Cars financed (000): June 1970 May 1970 June 1969 Not Seasonally Adjusted Extensions ($ millions): June 1970 May 1970 June 1969 1,014 949 1,031 239 223 229 339 330 368 230 203 240 206 193 194 1,662 1,701 1,642 1,637 1,756 1,636 1,721 1,710 1,736 1,769 1,765 1,690 1,504 1,569 1,448 610 558 628 146 127 140 197 193 212 130 115 142 137 123 134 Average note (Dollars): June 1970 May 1970 June 1969 Cars financed (000): June 1970 May 1970 June 1969