Full text of G.16 Retail Furniture Report : May 6, 1949
The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
, I BOARD OF GOVERNORS OF THE FZDEwj RESERVE ?XSTBLL G -16 : . . . RETAIL FURNITURE REPORT FOR K6RCH 1909 F u r n i t u r e s t o r e s a l e s showed a seasonal expansion i n Karch, b u t •were. 13 p e r cent less^ than a: year e a r l i e r . • The i n c r e a s e over February r e f l e c t e d moderate gains i n cash and charge-account t r a n s a c t i o n s , and a r i s e of n e a r l y o n e - f o u r t h i n instalment s a l e s . Both cash and c r e d i t s a l e s •rare smaller than a year ago, t h e declines var^ang from 21 per cent f o r cash s a l e s t o 12 per c e n t and 13 per cent f o r i n s t a l m e n t and charge-account sales, respectively. Instalment accounts r e c e i v a b l e continued to d e c l i n e , but showed a 16 per cent gain over a year e a r l i e r . C o l l e c t i o n s on instalment accounts vrere up one-tenth from the February l e v e l and, when r e l a t e d to accounts outstanding on Larch 1 , r e s u l t e d in a c o l l e c t i o n r a t i o of lU per c e n t ; f o r the preceding two months the r a t i o had been 12 per c e n t . At the p r e v a i l i n g r a t e of c o l l e c t i o n , accounts would be outs Landing n e a r l y lit months. I n v e n t o r i e s increased 3 per cent i n l a r c h , but T e r e 7 per cent smaller than on the corresponding date of 19^3. At the end o f the month the merchandise i n stock uas about equal t o f i v e ).;or.tl:s' supply a t the c u r r e n t r a t e of s a l e . F u r n i t u r e Store S t a t i s t i c s f o r I'arch 19^9 Item Net s a l e s Total Cash s a l e s Credit s a l e s : Percentage Feb. 19U9 " to l i a r . 19U9 Instalment Charge account Accounts r e c e i v a b l e , a t end of month Total f Instalment Collections during month Total Instalment I n v e n t o r i e s , end of month, a t r e t a i l value- . +17 • 7 •23 +10 -13 -21 -12 -13 - 2 - 2 •11* •16 .• 7 +10 >3 • 6 t 3 - 7 Note.— These f i g u r e s a r e preliminary and s u b j e c t to r e v i s i o n change from* Mar. 1949 to Mar. 19U9 RLTAIL FURITITTJRL STORES - i^RCH 1949* Sales and Inventories Federal Reserve District Boston New York Philadelphia Cleveland Richmond Atlanta Chicago S t . Louis fvinneepolis Kansas City Dallas San Francisco Percentage chance Credit s a l e s Cash s a l e s | Inventories . (end of monthlZ F e b . ' 4 9 1tor.*48 F e b . ' 4 9 Mar.'US F e b . ' 4 9 Iter.*48 F e b . ' 4 9 i-tar.'UB to to to to to to to to ;:ar.'U9 Kar.'U9 15ar.*49 i:ar.'U9 Mar.*49 Mar.'1+9 i/ar.'U9 Mar.'49 Total n e t s a l e s *10 +24 *15 >16 + 15 +17 +17 +14 +20 +22 +21 +14 -11 - 6 -12 -11 -15 -20 -12 -15 -16 - 5 -12 -18 - 2 + 7 - 2 + 6 +13 +16 +11 - 4 + 8 + 8 - 1 + 8 - 8 -17 -13 -15 -23 -28 -l6 -19_ -25 -21 -27 -27 +12 +21 -17 +18 +li. +15 ~ +19 +11 +23 +26 +20 +15 -11 -11 -11 -12 -14 -19 - 8 -12 -15 0 -11 -17 + 0 ; -4 + 5 + 7 + 5 + 3 + 3 + 2 + 3 + 4 + 1 -11 - 2 ,11 - 7 + 1 -11 -10 0 -20 - 8 - 2 - 9 U.S. Total +17 -13 + 7 -21 +17 -13 + 3 - 7 Number of s t o r e s 723 i^ 723 560 560 560 560 483 488 Accounts Receivable and Collections Federal Reserve District . Boston New York Philadelphia Cleveland Richmond Atla-ita Chicago S t . Louis Minneapolis Kansas City Dallas San Francisco U. ci. Total Number of s t o r e s Percenta, e change Accounts r e c e i v a b l e , end of month Collections during month Instalment Total Instalment Total F e b . ' 4 9 l i a r . ' 4 8 F e b . ' 4 9 Mar.'48 Feb.*49 Mar.'48 F e b . ' 4 9 kar.'4< to to to to to to to to : c : a r . ' 4 9 : a r . ' 4 9 var.'49 J a r . ' 4 9 Kar.'49 :ar.'49 a r . ' 4 9 I ar.'4 + 3 +19 •13 + S +18 +17 +11 +L1 + 9 ! +10 1 +19 + 8 v - 2 - 2 - 1 - 1 - 1 - 1 - 1 - 1 1- + 2 0 - 1 - 2 +14 643 643 ' + - 3 1 2 2 2 3 2 2 1 1 1 4 + 1 + 7 +12 +10 . + 8 + 3 + 5 + 2 - 6 ,+ 4 >5 - 4 V +14 +11 +15 + 2 + 7 + 7 + 5 + 6 +19 + 3 + 9 1/ * 8 + 6 +13 0 0 + 7 • 5 - 7 +20 + 6 + 9 +7 + +10 + 6 643 643 v . +20 +7 +14 + 7 +11 +18 +15 + 9 +33 +17 +19 + 8 +12 + 8 + 7 +4 +4 + 3+11 + 6 +12 + 3 +4 - 2 +16 215 215 3 215 - ' 215 I arch 19l*9 f i g u r e s are preliminary and s u b j e c t to r e v i s i o n . Digitized *lfor / FRASER withheld to avoid d i s c l o s u r e of operations of individual e s t a b l i s h m e n t s .