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l

b

1

B O A R D OF G O V E R N O R S

OF T H E

U

FEDERAL RESERVE SYSTEM
A P R I L 24 , 1 9 7 4

JECfllTTBOLLED A F T E R S I X M O N T H S A U T O L O A N S BY C O M M E R I C A L B A N K S
MATURITIES AND DEALER COST RATIOS

PER C E N T OF C O N T R A C T S
WITH MATURITIES OF:

FEBRUARY
1974

|
|

JANUARY
1973

I

I:

-I

THREE MONTHS ENDING

FEBRUARY
13J± I 1 2 2 3

PURCHASED PAPER

12.6

30 M O N T H S OR L E S S
OVER 30 M O N T H S

87.4

3 0 M O N T H S OR L E S S
O V E R 30 M O N T H S

25.1
74.9

12.2

13.4

13.7
86.3

86.6

87.8

25.4
74.6

25.5
74.5

DIRECT LOANS

CONTRACT BALANCE
C O M P A R E D TO
DEALER COST

I

24.6
75.4

PER CENT QF CONTRACTS WITH MATURITIES

30 MONTHS

OR LESS
I
I FEB. I JAN

OVER

30

MONTHS
I FEB. I JAN

I

I

FEB.

JAN

PURCHASED PAPER
L E S S T H A N OR
GREATER THAN

EQUAL

TO

9.7
3.0
I

10.7
2.9

58.6

I

87.3

I
I

28.6 |

12.7

86.4

68.6

68.4
31.6

57.9
28.4

I

31.4

100.0

DIRECT LOANS
L E S S T H A N OR
GREATER THAN

21.8

EQUAL TO

59.9
14.0

23.0
2.3

4.3

73.9

25.3

86.9
13.1

I

63.9

81.7
18.3

I
|

74.7

100.0

|

100.0

|
|

72.0
28.0

1
1

73.9
26.1

|

100.0

I

100.0

10.8

TOTAL
L E S S T H A N OR
GREATER THAN

EQUAL

TO

13.1
3.4
I
I

NOTE:

16.4

59.0
24.6

14.2

2.8

I
|

17.0

|

83.6

I
|
I
|

59.7
23.4
83.0

D I S T R I B U T I O N S A R E D E R I V E D F R O M R E P O R T S OF 1 0 9 B A N K S ,
REPORTED DEALER COST R A T I O S AS WELL AS M A T U R I T I E S .




69 OF WHICH

B O A R D OF G O V E R N O R S OF THE F E D E R A L R E S E R V E SYSTEM
L.4.2

APRIL

24,

1974

A U T O L O A N S BY C O M M E R I C A L B A N K S
M A T U R I T I E S A N D DEALER C O S T R A T I O S
USED CARS

PER CENT OF C O N T R A C T S
WITH MATURITIES OF:

J

I
I

FEBRUARY
1974

I
|

I

JANUARY
1973

I
I

J

THREE M O N T H S ENDING
FEBRUARY

12ZA

I

1213

P U R C H A S E D PAPER
2 4 M O N T H S OR L E S S
OVER 24 M O N T H S

37.4

2 4 MONTHS OR L E S S
OVER 24 M O N T H S

54.3
45.7

40.8
59.2

62.6

3915
60.5

41.3
58.7

55.2
44.8

53.9
46.1

DIRECT LOANS
55.5
44.5

PER CENT OF CONTRACTS WITH MATURITIES

CONTRACT BALANCE
C O M P A R E D TO

24 MONTHS

DEALER COST

J

OR LESS

EEfi*

I

JAfl

I

OVER 2 4

MONTHS

I EE&s

I

JAM

L

FEB.

?'
TOTAL

JAN

P U R C H A S E D PAPER
LESS T H A N OR EQUAL
GREATER THAN

TO

I 32.6 |

24.0
12.5

I
I

24.4
13.7

I

36.4

|

38.1

I

31.0

|

31.9
29.9

56.5
43.5

56.3
43.7

63.6

|

61.9

30.6
13.5

72.1
27.9

75.7
24.3

44.1

100.0

31.4
23.7

62.4
37.6

DIRECT LOANS
LESS THAN OR E Q U A L TO
GREATER THAN

41.6
12.3
54.0

45.2

10.8

|

55.9

I
I
I
I

30.5
15.5
46.0

|
|
I
|

|

100.0

TOTAL
LESS T H A N OR EQUAL TO
GREATER T H A N




30.6
12.4

32.2

12.6

I
I
I
I

31.8
25.2
57.0

|
|
I
|

55.2

63.6
36.4