Full text of G.17.2 Retail Instalment Credit at Furniture and Household Appliance Stores : April 2, 1945

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ilBfiARV OF THtl foEiM.
^ S E R E BAfif( OF CLB/EU\ttfl

BOARD OF GOVERNORS OF^ JTiB FEDERAL RESi'ihVE SYSTEk
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February 1945

•

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April 2, 1945
R&S ric - »1

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Instalment accounts receivibloat furniture stores declined
.slightly in February, but for the first'time since January.1942.stewed an

,f

incro.se over'the amount outstanding a year earlier.' Accounts outstanding
at household appliance s t o r ^ n e i n e d ct the l e v e l ^ f t W preceding:,,nth,
and on February'2R were 43 per cent,

below

the

year-ago>olme.

Jewelry

store accpunts receivable were reduced,by ab:>ut the-.usual seasonal amount,
, n a for the third consecutive ..oath, wore laredr than in the p r e c e d e s
>'" r -

' '
The

•

F e b r u a r y

•

.

•

'

'•

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(

•

collection ratio on inst.lmont accounts at furniture

stores w,s unchanged at the January level .of-21 per cent. .At both > v , d r y
end' household appliance stores, collections during February were »

per

cont.-rf instalment aoccur.ts^uts<andinfi-at the beginning of the m„nth.




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at er;V< ol' iriorth
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Household
Furniture
_Je.zelry
appliance:
starve; •
'• stores
stores

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J Cvvalry •• ;-tores

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P:-: •:

K:uscrold
• np-li-Ti-cc
stires

Furniture
stores.

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Jcnui.ry"
F^rrvyr-y

'Collect]on pities

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r - AC.7i.s-.il.
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•beginning o-f rrov;vii.




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