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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