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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
Mayfor
1970
Digitized
FRASER
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