View original document

The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.

"

•'

. UdfiASy OF'THE FEDERAL

.i-SEfiVE BASK OF CLEi'S!.'.'

-U-5

BOARD OF ^GOVERNORS OP THE FEDERAL RESERVE SYSTEM

• -

-

/

;

-

April 2, 1946 .
E&S ric -43
r . - , Gr • -A 7 .2

;
-

/ ' - ....

Retail Instalment Credit
at Furniture, Household Appliance, and Tgwelry Stores

•

February ^946

Instalment'accounts outstanding at- jewelry stores ;de: clined "by'about the usual seasonal amount in February, while those
at furniture- stores showed a co'nt-raseaso'nal rise-

In comparison

with a year .ago, jewelry store .accounts receivable were up 13-per
cent, on* those at furniture stores 14 per cent.' Household ap-_
pliance storfe accounts outstanding.at the end of the month were
unchanged Lt the level of the two preceding months,

and w e r e "

above the' ycar-agc volume for the second successive month.

_

.

...

The*February collection ratio on instalment accounts
fcr household appliance stores remained at the high January
level of 52 per cent.

Jewelry ond furniture store .collection

.

ratios declined one point tc 5! pbr oont nnd>,4 P i r cent,' respectively.

Collection ratios for the .three kinds of retail outlet

continued above those for the corresponding date last year




.

Instilment Accounts Outstanding aha Collection Katies
!Accounts outstanding at end of month
Doceiiiber 31, 1959 = 100 .
I
! TT ^T.nj^Vr.1 A
Household
Jewelry,
Furniture
appliEiiice
stores •
stores •
stores

J;: on th

Collection ratios 1/
Furniture
stores

Household
appliance'
stores

Jewelry
stores

22
22
26;
26
26
26
29.
52
63
•36
37

3151
54
,28
• 30
'50.
31
31/
32
• 5434.
,49

55
' 32
36 '
• 36
.40
43
.42:
. 48
49
.52
51
46

29
28
• 52
50
53
33
. 31
51
.30
.31
35;
46:

'iBii-: 'January „' •
February .
Mai'c1;
-ATiri: '
. /
July" •
"August
September
Oct:.uer Ncy ai .torDec jr.ibsr

44 ;
42
41
41%
.42 :
42 - .
42
'
•'
-41 /
4Z .
45
45...
.46;

56
52
53.
49';.
47
45 ,
44 •
' 45 .
44
45.:
49'
71.'- -

6 .
7
7
-6
6
5
5
'5 5
5 •
5
5

S3.
23 . "
25
"24
23
24
24"
"26--

24 .
23

-"1945-, /
" January ..
Fytrua-ry '
.-.riril * '
-June •
- July •
August ; * September
October *
• N:Ver:ber •
- - Decbriber194i

44 ;
45""
-42 '
4'/'
42
42 42
"
41
.
"42 '
44

4
4
4
4
4
4
/ 4; ' :

5

50

62- ,
55
51
- 49 .
50 .
50 '
• 48
46 :
45
"""45
- 48 °
75 -;

. Rl
21
;
24
22
25
.2.3
24
• '23
23
• 27,
•27 •
24

•

'-January'
February -p

48
49

; •

5
5

•

67. . ;
52

52 52.

25-'
24-

52
51

l/- - I:,st8l::Jn^ collections durin; month is per cent-'of accounts outstanding at
~

beginning of month.




/

-.

WNV13/J13 J:
)$HV8 3A«3S3UJf«303d
%

M« %

6

h

**i