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TM

FEDERAL
statistical
W

b

RESERVE

release

m

For immediate release
January 17, 1969

G.26

INSTALMENT CREDIT DEVELOPMENTS - NOVEMBER 1968*
LIBRARY.
NEW CARS
APR 1 4 ,969
FEDE.U-'-L R E S E R V E 3 A I N 5
OF

RICHMOND

All
lenders

Bank
direct
loans

Bank
purchased
paper

Sales
f inance

Other
lenders

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

1,639
1,770
1,347

352
388
286

590
657
471

497
510
410

200
215
180

3,098
3,062
2,974

2,950
2,932
2,864

3,088
3,039
2,968

3,292
3,262
3,164

2,935
2,898
2,816

529
578
453

119
132
100

191
216
159

151
156
.130

68
74
64

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

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

.

v

1,583
1,858
1,301

337
381
274

566
710
452

491
554
405

189
213
170

3,104
3,076
2,991

2,956
2,941
2,870

3,082
3,066
2,962

3,318
3,278
3,189

2,953
2,918
2,833

510
604
435

114
130
95

184
232
153

148
169
127

64
73
60

%

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




.
G.26

-2AUT0M3BILE INSTALMENT CREDIT DEVELOPMENTS - NOVEMBER 1968
USED CARS

All
lenders

Bank
direct
loans

Bank
purchased
paper

Sales
finance
cos.

Other
lenders

Seasonally Adjusted
Extensions ($ millions)

161

927
1,040
885

216
248
210

340
385
324

210
227
203

180
148

1,596
1,598
1,539

1,596
1,609
1,489

1,644
1,653
1,617

1,678
1,641
1,634

1,416
1,434
1,349

581
651
575

November 1968
October 1968
November 1967

135
154
141

207
233
200

125
138
124

114
126
110

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

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

880
969
840

212
233
206

311
353
297

200
211
193

157
172
144

1,618
1,599
1,561

1,623
1,601
1,514

1,667
1,646
1,640

1,695
1,648
1,650

1,454
1,458
1,385

544
606
538

131
146
136

187
214
181

118
128
117

108
118
104

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

,

* Data for both new and used cars have been revised for the period 1960 to date.
Figures in this release therefore are not precisely comparable with previously
published figures. Also the seasonally adjusted figures reported here are
subject to further revision. Tables showing fully revised back figures will
be FRASER within a few weeks.
Digitized for available