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FEDERAL

.'TOf"
•oCV,-

statistical

RESERVE

release
For immediate release
November 7, 1968

G.26

LE INSTALMENT CREDIT DEVELOPMENTS - SEPTEMBER 1968
NEW CARS

WR 14 /egg

,

-

aiCJBio*©
All
lenders

1
4
$

Bank
direct
loans

1
,

Sales
finance

Bank
purchased
paper

Other
lenders

Seasonally Adiusted
; Extensions ($ millions) :
•
September 1968
August 1968
September 1967

!
1

Average note
s
j

1,708
1,668

1,422

379
357

654
667
533

428
435
366

.

205
187
166

(Dollars):

2,930

September 1968
August 1968
September 1967

.Cars financed

421

2,947
2,833

2,873
2,786

3,017
3,051
2,919

3,175
3,215
3,065

583
566
502

144
132
128

217
219
183

135
135
119

2,917

2,349

2,332
2,294

(000):

September 1968
August 1968
September 1967

,

87
80
72

Not Seasonally Adjusted
Extensions ($ millions):
343
462
304

182
200
153

2,948
2,996
2,852

3,118
3,186
3,010

2,299
2,250

194
233
169

110
145
101

79
87
68

1,406
1,723
1,210

September 1968
August 1968
September 1967

309
363
271

572
698
482

2,852
2,906
2,756

2,809
2,836
2,683

493
593
439

116
128
101

•

1 Average note (Dollars):
i
[

September 1968
August 1968
September 1967

Cars financed

*

2,304

(000):

September 1968
August 1968
September 1967




G.26

-2-

AUTOMDBILE INSTALMENT CREDIT DEVELOPMENTS - SEPTEMBER 1968
USED CARS

All
lenders

Bank
direct
loans

Bank
purchased
paper

Sales
finance
cos .

Other
lenders

Seasonally Adjusted
Extensions

($ millions):

September 1968
August 1968
September 1967

1,064
1,016
891

259
232
234

388
378
318

200
206
172

217
200
167

1,466
1,492
1,435

1,516
1,518
1,489

1,635
1,697
1,553

1,587
1,602
1,546

1,128
1,137
1,127

726
681
621

171
153
157

237
223
205

126
129
111

'192
176
148

168
203
149

207
162

1,500
1,538
1,461

1,103
1,119
1,102

184
185
147

Average note (Dollars):
September 1968
August 1968
September 1967
Cars financed

(000):

September 1968
August 1968
September 1967

Not Seasonally Adjusted
Extensions ($ millions):
September 1968
August 1968
September 1967

905
1,001
782

212
224
198

322
367
273

1,407
1,440
1,379

1,493
1,474
1,467

1,571
1,624
1,492

643
695
567

142
152
135

205

112

226

132
102

'

203

Average note (Dollars):
September 1968
August 1968
September 1967
Cars financed

(000):

September 1968
August 1968
September 1967




183