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F E D E R A L R E S E R V E LIBRARY F E B 10 G.26 For immediate release November 5, 1969 CREDIT DEVELOPMENTS-SEPTEMBER 1969 NEW CARS All lenders Bank direct loans Bank purchased paper Sales finance cos. Other lenders Seasonally Adjusted Extensions ($ millions): September 1969 August 1969 September 1968 1,852 1,535 1,634 427 332 362 3,232 3,165 3,037 3,154 3,036 2,919 573 485 538 136 109 124 626 5-36 600 555 452 473 244 215 199 3,163 3,159 3,017 3,458 3,349 3,251 3,087 3,022 2,843 198 170 199 160 135 145 79 71 70 584 592 548 461 474 389 232 234 1S6 3,090 3,099 2,948 3,365 3,292 3,163 3,013 2,962 2,776 137 144 123 77 79 67 Average note (Dollars): September 1969 August 1969 September 1968 Cars financed (000): September 1969 August 1969 September 1968 Not Seasonally Adjusted Extensions ($ millions): September 1969 August 1969 September 1968 Average note 355 333 293 3,138 3,110 2,950 3,034 3,000 2,809 520 525 480 117 111 104 (Dollars): September 1969 August 1969 September 1968 Cars financed 1,632 1,633 1,416 . . (000): September 1969 August 1969 September 1968 189 191 186 i G.26 -2- AUTOMOBILE INSTALMENT CREDIT DEVELOPMENTS-SEPTEMBER 1969 USED CARS All lenders Bank direct loans Bank purchased paper Sales finance Other lenders Seasonally Adjusted Extensions ($ millions): September 1969 August 1969 September 1968 967 875 969 238 207 231 335 293 357 216 204 208 178 171 173 1,679 1,657 1,581 1,684 1,651 1,545 1,767 1,733 1,649 1,734 1,696 1,633 1,480 1,499 1,437 576 528 613 141 125 150 190 169 216 125 120 127 120 114 120 Average note (Dollars): September 1969 August 1969 September 1968 Cars financed (000): September 1969 August 1969 September 1968 Not Seasonally Adjusted Extensions ($ millions): September 1969 August 1969 September 1968 853 886 855 208 202 202 291 298 310 182 203 176 172 183 167 1,612 1,591 1,519 1,625 1,578 1,493 1,682 1,674 1,571 1,640 1,637 1,544 1,470 1,441 1,427 529 557 563 128 128 135 173 178 197 111 124 114 117 127 117 Average note (Dollars): September 1969 August 1969 September 1968 Cars financed (000): September 1969 August 1969 September 1968
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