Full text of G.16 Retail Furniture Report : December 4, 1945
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6 '50*72 05 GOVERNORS : ? TiiE FEDERAL RE:?EKVE SiSTE. December 4, 1945 RfcS r f t - 4? RETAIL FURf-JITURE REPORT ?0li OCTOBER 1945 Furniture s t o r e s a l e s increased by considerably nore than the customary seasonal--mount i n October, r e f l e c t i n g s u b s t a n t i a l i n c r e a s e s in . a l l types of t r a n s a c t i o n , end were- o n e - f i f t h above the yeer-ago volur&e. Cash s'lles rose ub'.-.rply over the year-perio-i, while c r e d i t s a l e s ale:- . showed l a r g e pains over the l e v e l of l a s t y e a r . I n v e n t o r i e s declined s l i g h t l y i n October, but './ere ssven per • cc-'r.t above those hold a year e a r l i e r . At the vnd of the '-.onth they amounted to .-bout t h r e e months* supply nt the currcnt r a t e of s o l e , s l i g h t l y loss, thenon th- corrospending dato i n 1944. Instalment accounts receivable shoved a email increase from the end of September, r.-nd v/ere s l i g h t l y above the year-ago l e v e l . C o l l e c t ! ' l i s ';r\ instalment accounts rose 19 per cent, r e s u l t i n g i n r collection, r a t i : ; of 27 per cunt, the highest recorded to d a t ^ . These accounts are -hdv collected i n Approximately s i x = nd one-half months, somewhat s h o r t e r period than in October 1944. . F u r n i t u r e Store S t a t i s t i c s f o r October I'M5 | Percentage chorv-c < fr-m: October 1944 'September 1945 .to • to October 1945 J October 19£5 Not S'i.U'S Tot.il CnAh r o l e s Credit s a l e s : +34 +36 +35+31 Instalment Charge account Accounts r e c e i v a b l e , ; t end of month Total Instalment C o l l e c t i o n s during month Total Instalment I n v e n t o r i e s , end of month, at r e t a i l value ' - +20 ' + 13 + 6 + 5 0 + 1. +17 +13 + 10 + 10 - 1 . + 7 - ' 2 RETAIL FURNITURE STORES - OCTOBER 1945 Sales and I n v e n t o r i e s Percentage change Total net s a l e s Federal Reserve District Number of s t o r e s V Sept .'45 Oct. * 4 4 Sept .'45 Oct. ' 4 4 Oct. ' 4 4 Sept .'45 jOct. *44 to to to to to to to to O c t . ' 4 5 Oct. ' 4 5 O c t . * 4 5 O^ct. * 4 5 O c t . * 4 5 Oct. ' 4 5 O c t . ' 4 5 Oct. ' 4 5 9. U. S. Total Inventories Credit s a l e s 1 Boston New York Philadelphia Cleveland Richmond Atlanta Chicago S t . Louis Minneapolis Kansas City Drills San Francisco Cash s a l e s +27 | ' +25 +46 +25 +25 +17 +52 +44 +45 +10 +17 +48 +5 8 +58 + +20 +35 + 45 +:- 8 +16 1 +42 +41 + 34 - +21 +15 - 2 + 5f." +35 + 38 +22 +41 + 13 +28 +21 +54 +43 +19 +45 +27 ' +26 +17 +38 + 51 - +10 + : 7 + 8 +4? + 59 -r25 +18 +30 +42 +51 +13 "28 +15 +28 +25 +28 -+lr >21 +20 +38 +41 +54 +14 - 828 f-ZB 677 677 677 677 571 j -If - 0 + 7 8 + .1 + 0 1 +12 1 + 1 At r e t a i l value. 1 0 +30 +50 ' 6 +12 + +10 +30 +21 i I + +54 +54 1 5 +r: +15 4 + 0 - +51 +45 | 1 + 59 + 25 +50 +39 + 1 0 8 7 571 i Accounts Receivable a*--c Collection.-,. Federal .Reserve District Boston New York Philadelphia Cleveland Richironi Atlanta Chiciro S t . Louis Minneapolis Kansas City Dallas San Francisco Percentage change •ints r e c e i v a b l e , end of nor.th Coll-"-ctI,;n.3 nuri'a.* T.wKth __Tutal Instalment Total Sept.'15 Oct. *44 ept .'45 Oct. '44 Sept .'45 Oct. '44 Sept .'45 Oct. '44 to to to to to to to to Oct.'45,Pet, ' Oct.*45 Oct. *45 O c t . ' 4 5 Oct. '45 O c t . ' 4 5 Oct. '45 I + '1 + 10 | +rn + 31 + 7 - 6 + 24 + ?• - 7 + 14 + 8 > C + 6 + 11 + 31 :r: ) - e - 1 + 6 + 14 + 15 + 14 + 20 + 12 + 22 + 1 -14 + 3 + =.:'• - 1 u . 5 . Total IJumber of' stores 773 t +1 : +13 + 10 775 50 f: 505