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— J

V

1

F E D E R A L
statistical

" % a f ~

R E S E R V E
release

LIBFjyt!
FEB 1 0

For immediate release
August 8, 1969

;/0

AijfTOMOBILE-INSTALMENT! CREDIT DEVELOPMENTS-JUNE 1969
NEW CARS

^ A l l
lenders

Bank
direct
loans

Bank
purchased
paper

Sales
finance

Other
lenders .

Seasonally Adjusted
Extensions

($ millions):

June 1969
M a y 1969
June 1968

600

1,463

336
341
306

612
529

500
526
455

209
209
173

3,182
3,114
2,998

3,080
3,009
2,830

3,156
3,071
2,984

3,366
3,292
3,231

3,017
2,965

517
542
488

109
113

149

69
70
62

1,645

1,688

Average note (Dollars):
June 1969
May 1969
June 1968

2,810

Cars financed (000):
June 1969
May 1969
June 1968

108

190
199
177 •

160
141-

Not Seasonally Adjusted
Extensions ($ millions):
June 1969
May 1969
June 1968

1,934
1,857
1,717

396
388
360

700
672
616

581
558
529

212

3,155
3,105
2,971

3,046
2,985

2,800

3,153
3,111
2,981

3,339
3,282
3,206

2,954
2,915
2,753

613
598
578

130
130
129

222
216
207

174
170
165

257
239

Average note (Dollars):
June 1969
May 1969
June 1968
Cars financed (000):
June 1969
May 1569
June 1968




87

82
77

G.26

-2-

AUTOMOBILE INSTALMENT CREDIT DEVELOPMENTS-JUNE 1969
USED CARS

All
lenders

Bank
direct
loans

Bank
purchased
paper

Sales
finance
cos .

Other
lenders

Seasonally Adjusted'
Extensions

($ millions):

June 1969
May 1969
June 1968
Average note

219
224
211

327

208 !

331
316

224
186

1 ,657
1 ,689
1 ,603

1 ,654
1 ,614
1 ,620

1,739
1,726
1,630

1 ,707
1 ,727
1 ,612

1,472
1,692
1,503

559
572
537

132
139
130

188
192
194

122
130
115

117
111
98

368
359
355

240
235
214

194
208
167

1,736
1,710
1,626

1, 690
1, 715
1, 597

1,448
1,651
1,478

142
137
134

134
126
113

'

172
187
148

(Dollars):

June 1969
May 1969
June 1968
Cars financed

926
966
861

(000):

June 1969
May 1969
June -1968

j

Not Seasonally Adjusted
Extensions

($ millions):

June 1969
May 1969
June 1968 e

1 ;,031
1 ;,044
957

229
242
221

1,,642
1,,681
1,,587

1,,636
1,,635
1,,604

628
621
603

140
148
138

1

i

Average note (Dollars):
June 1969
May 1969
June 1968
Cars financed (000):
June 1969
May 1969
June 1968
c - Corrected.




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