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statistical

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release

For immediate release
September 6, 1968

G.26
t

¥MPbILE

INSTALMENT CREDIT DEVELOPMENTS - JULY.1968
:
NEW CARS

APR 1 4 1569
FEDERAL RESERVE BANK
;

I

OF RICHMOND

All
lenders

Bank
direct
loans

Bank
purchased
paper

Sales
finance
cos.

Other
lenders

Seasonally Adjusted
Extensions ($ millions):
July 1968
June 1968
July 1967

194
174
152

1,709
1,461
1,339

383
326
301

658
558
525

474
403
361

2,936
2,876
2,790

2,845
2,794
2,721

3,052
2,957

2,880

3,202
3,200
3,024

582
508
480

135
117
111

216
189
182

148
126
119

83
76
68

Average note (Dollars):
July 1968
June 1968
July 1967

2,349
2,279
2,232-

Cars financed (000):
July 1968
June 1968
July 1967

Not Seasonally Adjusted
Extensions ($ millions):
July 1968
June 1968
July 1967

1,892
1,694
1,481

411
378
322

738
644
588

533
1470
407

210
202
164

2,854

Average note (Dollars):
July 1968
June 1968
July 1967

2,779

2,729

3,025
2,981
2,854

3,192
3,197
3,015

2,333
2,270
2,216

645
587
533

144
135
118

244
216
206

167
147
135

90
89
74

2,933

2,886

2,800

Cars financed (000):
July 1968
June 1968
July 1967




57

G.26

-2AUTOMDBILE INSTALMENT CREDIT DEVELOPMENTS - JULY 1968
USED CARS

All
lenders

Bank
direct
loans

Bank
purchased
paper

Sales
finance
cos.

Other
lenders

Seasonally Adjusted
Extensions ($ millions):
July 1968
June 1968
July 1967

998
897
836

240
213
212

350
321
288

213
178
170

195
185
166

1,474
1,503
1,396

1,531
1,604
1,460

1,635
1,620
1,536

1,584
1,583
1,495

1,135
1,203
1,093

677
597
599

157
133
145

214
198
188

134
112
114

172
154
152

Average note (Dollars):
July 1968
June 1968
July 1967
Cars financed (000):
July 1968
June 1968
July 1967

Not Seasonally Adjusted
Extensions ($ millions):
July 1968
June 1968
July 1967

1,035
1,010
866

233
231
206

380
369
313

223
207
178

199
203
169

1,458
1,499
1,381

1,513
1,604
1,441

1,617
1,626
1,519

1,559
1,580
1,471

1,118
1,180
1,076

710
674
627

154
144
143

235
227
206

143
131
121

178
172
157

Average note (Dollars):
July 1968
June 1968
July 1967
Cars financed (000):
July 1968
June 1968
- July 1967