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FEDERAL statistical RESERVE release •.fJjtjES?'* d/uucfj^. diate release G.26 I I —ATfTQl'PD ILE INCJALMENT CREDIT DEVELOPMENTS - MAY 1968 LIBRARY NEW CARS APR 1 4 , j 5 9 RESERVE BANK 0? RICHMONB All lenders Bank direct loans Bank purchased paper Sales finance cos. Other lenders - Seasonally Adjusted Extensions ($ millions): May 1968 April 1968 May 1967 1,614 1,503 1,424 349 338 312 634 595 538 2,919 2,918 2,792 2,883 2,857 2,724 2,976 3,000 2,878 450 408 409 181 162 165 : Average note (Dollars): ; ' May 1968 April 1968 May 1967 Cars financed (000): 3 ,180 3 ,159 3 ,020 . 2 ,341 2 ,311 2 ,247 * 553 515 510. May 1968 April 1968 May 1967 121 118 115 213 198 187 142 129 -135 77 70 73 473 449 431 202 183 185 Not Seasonally Adjusted Extensions ($ millions): May 1968 April 1968 May 1967 1,762 1,657 1,558 398 370 357 689 655 585 2,917 2,896 2,787 2,863 2,846 2,705 3,009 2,991 2,910 139 130 132 229 219 201 Average note (Dollars): May 1968 April 1968 May 1967 Cars financed (000): May 1968 April 1968 May 1967 3, 174 3, 140 3, 014 " 2, 322 2, 288 2, 229 | 604 572 559 149 143 143 87 80 83 G.26 -2- AUTOMOBILE INSTALMENT CREDIT DEVELOPMENTS - MAY 1968 All lenders Bank direct loans Bank purchased paper Sales finance cos. Other lenders Seasonally Adjusted Extensions ($ millions): May 1968 April 1968 May 1967 964 934 868 229 227 207 341 330 298 205 189 192 189 188 171 1,461 1,455 1,405 1,529 1,538 1,474 1,605 1,621 1,501 1,588 1,571 1,493 1,116 1,107 1,137 660 642 618 150 148 140 212 204 199 129 120 129 169 170 150 Average note (Dollars): May 1968 April 1968 May 1967 Cars financed (000): May 1968 April 1968 May 1967 Not Seasonally Adjusted Extensions ($ millions): 1,053 1,075 949 250 261 226 377 382 330 218 217 205 208 215 188 1,460 -±,467 1,406 1.543 1.544 1,487 1,611 1,626 1,507 1,591 1,584 1,496 1,106 1,120 1,126 721 733 675 162 169 152 234 235 219 137 137 137 188 192 167 May 1968 April 1968 May 1967 Average note (Dollars): May 1968 April 1968 May 1967 Cars financed (000): May 1968 April 1968 May 1967