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F J J ^ E R A L
LIBRARY

G.26

•fSnsc--

R E S E R V E

tatistical

release

iM0
!ALMENT CREDIT DEVELOPMENTS-MAY 1970
NEW CARS

All
lenders

Bank
direct
loans

Bank
purchased
paper

Sales
finance
cos.

Other
lenders

Seasonally Adjusted
Extensions ($ millions):
May 1970
April 1970
May 1969

1,488
1,571
1,665

300
316
339

519
550
602

472
507
515

197
198
209

3,153
3,174'
3,112

3,012
2,029
3,008

3,030
3,073
3,078

3,467
3,448
3,304

3,012
3,053
2,967

100
104
113

171
179
196

136
147
156

65
65
70

Average note (Dollars):
May 1970
April 1970
May 1969
Cars financed (000):
May 1970
April 1970
May 1969

472
495
535

Not Seasonally Adjusted
Extensions ($ millions):
May 1970
April 1970
May 1969

1,664
1,671
1,857

344
345
388

582
576
672

513
538
558

225
212
239

3,140
3,153
3,105

2,991
3,026
2,985

3,063
3,048
3,111

3,443
3,427
3,282

2,961
3,029
2,915

530
530
598

115
114
130

190
18%
216

Average note (Dollars):
May 1970 s
April 1970
May 1969
Cars financed (000):
May 1970
April 1970
May 1969




149
157°
170

76
70
82

-2-

AUTOMOBILE INSTALMENT CREDIT DEVELOPMENTS-MAY 1970
USED CARS

All
lenders

Bank
direct
loans

Bank
purchased
paper

Sales
finance
cos.

Other
lenders

Seasonally Ad lusted
Extensions ($ millions):
May 1970
April 1970
May 1969

871
943
959

206
231
224

304
316
331

189
217
219

172
179
185

1,705
1,684
1,694

1,744
1,681
1,623

1,722
1,730
1,722

1,769
1,781
1,719

1,583
1,512
1,698

511
560
566

118
137
138

177
183
192

Average note (Dollars):
May 1970
April 1970
May 1969
Cars financed (000):
May 1970
April 1970
May 1969

r
107
122
127

109
118
109

Not Seasonally Ad lusted
Extensions ($ millions):
May 1970
April 1970
May 1969

949
1,021
1,044

223
252
242

330
341
359

203
233
235

193
195
208

1,701
1,677
1,681

1,756
1,691
1,635

1,710
1,714
1,710

1,765
1,779
1,715

1,569
1,500
1,651

558
609
621

127
149
148

193
199
210

115
131
137

123
130
126

Average note (Dollars):
May 1970
April 1970
May 1969
Cars financed (000):
May 1970
April 1970
May 1969