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F E D E R A L
'

m

m

R E S E R V E

statistical

,

For immediate release
December 6, 1968

G.26

AUTOM##^INSTAlAENT CREDIT DEVELOPMENTS - OCTOBER 1968
,

APR 1 4 , 3 9
'5
FEDERAL reserve BANK
of RICHMOND

4

. Bank
direct
loans

All
lenders

,

1
* Extensions ($ millions):
1
^
October 1968
4
September 1968
October 1967
I

1,772
1,708
1,348

Bank
purchased
paper

Sales
finance
cos.

Other
lenders

Seasonally Ad lusted

408
421
315

687
654
499

470
428
375

207
205
159

2,932
2,917
2,816

3,039
3,017
2,892

3,274
3,175
3,117

2,395
2,349
2,293

139
144
112

226
217
173

144
135
120

86
87
69

742
572
531

510
343
401

205
182
157

2,412
2,304
2,309

• Average note (Dollars):
i
*

October 1968
September 1968
October 1967

2,978
2,930
2,844

'

Cars financed (000):
*
I

October 1968
September 1968
October 1967

595
583
474

Not Seasonally Ad lusted
* Extensions ($ millions):
;

October 1968
September 1968
October 1967

.

1,857
1,406
1,394

400
309
305

3,005
2,852
2,868

2,941
2,809
2,824

3,066
2,948
2,918

3,290
3,118
3,133

618
493
486

136
110
108

242
194
182

155
110
128

Average note (Dollars):
October 1968
September 1968
October 1967
Cars financed (000):
,

October 1968
September 1968
October 1967




,

85
79
68

.

63
G.26

-2AUT0M3BILE INSTALMENT CREDIT DEVELOPMENTS - OCTOBER 1968
USED CARS

All
lenders

Bank
direct
loans

Bank
purchased
paper

Sales
finance
cos .

Other
lenders

Seasonally Adjusted
Extensions ($ millions):
October 1968
September 1968
October 1967

1,096
1,064
971

261
259
244

400
388
340

222
200

213
217
187

1,518
1,466
1,465

1,609
1,516
1,545

1,653
1,635
1,606

1,628
1,587
1,570

1,173
1,128
1,128

722
726
663

162
171
158

242
237
212

136
126
127

182
192
166

Average note (Dollars):
October 1968
September 1968
October 1967
Cars financed (000):
October 1968
September 1968
October 1967

Not Seasonally Adjusted
Extensions ($ millions):
October 1968
September 1968
October 1967

1,022
905
906

245
212
229

367
322
312

206
168
186

1,519
1,407
1,466

1,601
1,493
1,537

1,646
1,571
1,600

1,635
1,500
1,576

1,193
1,103
1,147

673
643
618

153
142
149

223
205
195

126
112
118

171
184
156

-

204
203
179

Average note (Dollars):
October 1968
September 1968
October 1967
Cars financed (000):
October 1968
September 1968
October 1967