Ms. Betty Furness, commissioner, New York City Department of Con- TUESDAY, MAY 22 Ms. Gladys Kessler, Consumer Federation of America; accompanied by Fairfax Leary, Jr., Visiting professor of law, University of Pennsylvania; accompanied by: Ms. Nina Segrè___ Mark Silbergeld, attorney, Consumer Union, Washington Office.. George A. Buchanan, representing Air Transport Association of America; accompanied by Jerome F. Huisentruit, assistant general counsel, Air Transport Association, and counsel for the Universal Air Travel Plan... Robert B. Norris, general counsel, National Consumer Finance Associa- S. Lees Booth, senior vice president, National Consumer Finance Associa- Kenneth V. Larkin, American Bankers Association............ Robert B. Doyle, first vice president, Consumer Bankers Association. Arthur M. Wood, chairman of the board, Sears, Roebuck & Co.; accompanied Leonard O. Gay, National Home Furnishing Association.. ६८गत है ADDITIONAL STATEMENTS AND DATA 233 American Bankers Association, reprint of remarks of Eugene H. Adams Page American Hotel and Motel Association, statement received for the record. Consumers Union, letter to Senator Proxmire from Mark Silbergeld, Differences in average monthly dollar finance charges, previous balance Federal Reserve System, letter and memorandum on S. 914 and S. 1630 Interbank Card Association, letter statement to Senator Proxmire, from J. C. Penney Co., Inc., text of comments made by Kenneth S. Axelson, National Bank Americard, letter from D. W. Hock, president, enclosing Touche Ross & Co., cost analysis of retail store revolving credit, State of 400 397 142 324 168 308 325 50 93 139 141 258 428 93 216 119 403 101 105 U.S. Savings & Loan League, letter and statement from Stephen Slipher, legislative director.. 399, 430 Universal Air Travel Plan, letter to Federal Reserve Board, from George 184 Western States Bankcard Association, statement from Roland E. Brandel, 437 TABLES Account data by family income groups--- 291 292 Average true actuarial annual percentage rate, six billing methods, 865 accounts.. 274 Automobile paper held by commercial banks (relationship between purchased paper and direct loans).. 161 Cost analysis of retail store revolving credit, State of Arizona.. 114 Credit card use in the United States: Method of payment of outstanding balance on bank cards. 70 71 Whether pays bank card bill in full within specific groups-- 68 69 Differences in average monthly dollar finance charges, previous balance as compared to adjusted balance.. 310 Differences in average monthly dollar finance charges, previous balance as compared to average daily balance including debits 312 Differences in average monthly dollar finance charges, six billing methods, 865 accounts... Differences in average monthly dollar finance charges, previous balance as compared to true actuarial average daily balance.. Effect of 50-cent minimum charge on average monthly dollar finance charges. Six different billing methods............ Page 322 Empirical data concerning Sears revolving charge account usage in Texas, selected summary statistics, 865 accounts... 303 Number of accounts exceeding true actuarial average-daily balance by billing method-865 accounts... 274 Sears cost-analysis semiannual disclosure. 332 Sears revolving charge account and security agreement... 299 Sears revolving charge analysis, credit use statistics, State of Florida.. 334 344 262 Total dollar finance charge revenue and annual yield under six different billing methods......... 319 |