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BOARD OF .GOVERNORS OF THE FEDERAL RESERVE SYSTEM 0.17.2 - ^ ' April 2," 1918 R e t a i l Instalment Credit' • a t F u r n i t u r e , Household Appliance, and Jewelry Stores February 19li8 ' Instalment accounts r e c e i v a b l e of jewelry s t o r e s declined somewhat l e s s than i s usual i n February, while those of household appliance s t o r e s were unchanged a t the January l e v e l , The decrease in t h e amount outstanding a t f u r n i t u r e s t o r e s was,about s e a s o n a l , and a t the month-end accounts r e c e i v a b l e continued well above a year earlier. The outstanding: balance on instalment accounts of jewelry, s t o r e s showed a 60 per cent r i s e . f r o m the corresponding month of 19^7, and f o r household appliance s t o r e s , an 80 per cent r i s e . •' Collection r a t i o s ^ d e c l i n e d i n February a t eadh of the three kinds of o u t l e t . Collections of f u r n i t u r e s t o r e s were 1'7 per cent of instalment accounts outstanding on the f i r s t of. the month, as compared with 18 per cent i n January. The jewelr^ s t o r e c o l l e c t i o n ratio"was 17 per cent, two p o i n t s below t h a t in the preceding month. At houses hold appliance s t o r e s the r a t i o was down .three p o i n t s to 33 per cent... . G.17.2 - 2 - I n s t a l m e n t Accounts Outstanding and C o l l e c t i o n R a t i o s I Account: cut standing a t end of month : r r o , r 31, 1939^=100 Household Jewelry appliance stores StOi'OS Month 12L6 . ; January -raary . ~:cn A^nL L?.y -June July / A"it u s t September Oc-jber November " \ December m z ; U8 h9 ' SO . - 51 52 • 53 .53 ' 55 55 . ' 57 ' " 6o ' "65 , 5 5 5 5 6 6 7 8 8 9 9 10 68 63 61 62 ' 63 65 " -.65 • ' 66 66 - 68 73 126 • 10 10 10 11 •11 13 1U 15 15 16 17 19 - 116 • 110 108 111 116 122 123: . 127 132 135 lk9 . 197 18 18 180 176 25 2h 27 28 27 26 26 26 25 27 27 26 • 52 52 51 . 56 55 . 56 57 5k 51 ^52. hi hi 32 29 32 32 . 3U 33 32 • 33 30 32 3h U: hi hi hh hh hh hS . hi . 39 39/ UO -39. 39 26 25 27 25 26 21; . 23 23 25 23 2h 31 36 33 19 17 "r ; January. February IJarch ; . April. . •'S I June July August 'September October November Collection r a t i o s ^ Household Jewelry appliance stores stores Furniture^ stores January February p•• 63 ' 62 63 65 68 ' 70 71 73 75 • 79 81* • 9h ' 89 . 88 23 •21 25 . 23 • • . :2h 23 - : 22 22 2h 23 23 20 18 17 • . p. - preliminary.. " 1 / Installment c o l l e c t i o n s during month as percentage of accounts o u t s t a n d i n g a t
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