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\H yJ&Stgii:. 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