Full text of G.16 Retail Furniture Report : October 5, 1948
The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
B A D CF GOVERNORS pF Tif FEDER4J. RESERVE SYSTEM OR G.16 f , -.OCT i 1 ! ? r • October 5 , 191x8 FDR L EEA :j j E E H H u.PAdTMENT RSA C ••, "" ' *• • RETAIL FURNlTt&fc'HB&lftfAUUliw —— —— —— — OCT 8 1343 -j—FEDERAL' ntSERVE B . K *N ~ f u r n i t u r e -store. s*Ieg'i*6se $ pdr cent in "August, and were 12 per > -cent larger thanr.in- tthe-j^oiTe^oi^^Lng |mo[rft*r-3rastr-yeaW Cash ,and qliargeaccount sales, which '"cUs^aiar^lir.incfease Ifrom July td August, showed monthly gains;of U per cqnt and 3 per cent, respectively. Instalment sales r e r e up :$^-per 6efit> 'a ronrewhat-nnore rapid- rate"'of-expansion thawi s usual in August. ,; : • , : • „ • inventories of furnd! tu^e %stqres werq slightlly larger,titan in the preceding month, and continued substantially-above the year ago l e v e l . At the end of the month they equaled aboujk. four months' supply a t the current r a t e of s a l e . . ; " • >'• 'Instalment accounts receivable pere -2 per: cent larger than a t the ehd of July, and about one and "one-half tines , the year-a^o l e v e l . ' . Collections on instalment accounts during August showed l i t t l e change, from a month e a r l i e r , and amounted to 18 per cent of accounts outstanding on August 1, the samp r a t i o as f o r July. The average repayment period . f o r ' these accounts, as indicated by August' collections, was again ten months. Furniture Store S t a t i s t i c s f o r August 191*8 Tercefftage 'ichange from: - July l91i8 Aug. 19U7 to .. to, r Aug; 19h8 Aug. 191*8 Net sales Total-Cash sales Credit sales: Instalment Charge account ... • ' —:vy* A Accounts receivable, at end of.month Total. L ' I Instalment , j •< Collections during month X Total' / "j. Instalment ; \ ( ' t •*. , -V. 1 + r.:» ^ ; '+9 . + h , >13 : 5: • n -. Inventories, end of month, a t r e t a i l value" , ' , 1 VIA ' • i • 2 : | +h9.r r 2: : * 1; +19 • 1; •15 Note.—The^e f i g u r e s are preliminary and subject t o revision. +12 —lUt. +2? *1;. " • RETAIL FURHiTURE SCORES - AUGUST 191*8* Sales and Inventories Federal Reserve District Inventories , end of month — . July'1*8 Aug. * 1*7July'1*8 Aug. *1*7 July*U8 Aug. *1*7 July* 1*8 Aug. *1*7 to to to to to to to to Aug. *1*8 Aug.*1*8 Aug.*1*8 Aug.*1*8 Aug. *1*8 Aug.'1*8 Aug. *1*8 Aug. *1*8 +6 • 5 •12 +15 +6 • 1 * +16 • 3 +16 •16 *36 +32 • 1 - +7 +11 •1U +28 +18 +13 + 5 •U* +23 :+ 6 • 3 Boston New York Philadelphia Cleveland Richmond Atlanta Chicago S t . Louis Minneapolis Kansas City Dallas San Francisco Percentage change Cash sales Credit sales Total net sales ~ 6 *13 • 8 - 8 4 6 +15 + 2 + 2 •Hi +12 + 3 0 -13 - 8 —l6 -18 -10 —18 - 8 -19 - 1 -11 —18 . -18 + 8 +11 • 7 • • 6 +20 + L W + 7 +15 +32 +1h +17 +1 * + 8 •25 +12 +23 •25 •U2 +18 •19 +21* •11 •30 +12 +9 Number of stores = +12 •> -11* +12 +20 752 U. S . Total 752 599 599 599 599 0 6 2 h 3 1 * 2 • h - 1 * 0 +2 - u + + + • • ' +1 53Lr +15 +20 +6 +16 +29 +12 +16 +21* + 3 +12 +6 +11* +15 53k 1 / At r e t a i l value. Accounts Receivable and Collections Percentalge chang e Accounts receivable, end .of jnonth Collections during- month Federal Reserve - Total I n s t alment Total Instalment District July *1*8 Aug. *1*7 July* 1*8 Aug. *1*7 July *1*8 Aug. *1*7 July* 1*8 Aug. * 1*7 to • to to to to to to to Aug.* 1*8 Aug* *1*8 Aug, *1*8 Aug. *1*8 Aug,'1*8 Aug*-<ii8 Aug, *1*8 Aug. *1*6 Boston New York Philadelphia Cleveland Richmond Atlanta Chicago S t . Louis Minneapolis Kansas City Dallas San Francisco U. S. Total Number of stores + 2 +1 , +1 +2 . + 2 + 9 + 2 • u. : +5 +5 +5 + 5 +30 +1*8 +1*2 +1*9 +** 11 +1*9 +37 +61 •32 +32 +58 +** 11 +2 +1 0 + 2 +1 * + 5 + 2 +2 • 4 y +10 +2 +22 +56 +1*0 •53 •38 •36 •35 +53 *hz y +73 +38 - 5 - 2 0 - 3 + 8 - 1 - 3 - 1 +h -10 0 - 3 + 5 +21 •13 +50 +21 +11 +11 +20 • 7 +11 +13 + 5 -1 • 7 - h +30 +15 +21 +11* + 8 +10 +20 +lh P •15 • 3 • 3 +1*6 +2 +1*9 - 2 +13 +1 +19 677. 677- 233 233 677 - 677 233 233 - 7 +1 + 5 0 +1 0 - 5 - 1 +& ¥ * August 191*3 f i g y r e s are preliminary and subject t 0 r e v i s i .on. 1 / 'Tithheld to avoid disclosure of operations of individual establishments.
@FedFRASER