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BOARD OF GOVERNORS OF THE FEDERAL RESERVE' SYSTEM
G.17.2

August 6 , 19h7
R e t a i l Instalment Credit
a t F u r n i t u r e , Household Appliance, and Jewelry Stores
-

.

June 1917

•

'

Instalment accounts outstanding a t f u r n i t u r e and jewelry s t o r e s
showed f u r t h e r g a i n s . i n June.

Household appliance s t o r e accounts r e -

• ceivable increased somewhat and a t the end of the month were about twice
the amount outstanding a year e a r l i e r . - Instalment accounts receivable
a t f u r n i t u r e s t o r e s were approximately one-third higher than on the
corresponding date l a s t y e a r , while the y e a r - t o - y e a r increase a t jewelry
s t o r e s was 86 per c e n t .

.

The r a t i o of c o l l e c t i o n s during June to instalment accounts
outstanding a t the. beginning of the month at household' appliance s t o r e s
was U6 per cent, two points; higher than i n the two preceding months.

At

f u r n i t u r e and jewelry s t o r e s the June c o l l e c t i o n r a t i o s were 23 per centn
.and 22 per c e n t , r e s p e c t i v e l y .




"

.

m

fciucii

m

.

1

1 m

•

I n s t a l m e n t Accounts Outstanding and C o l l e c t i o n Ratios

accounts o u t s t a n d i n g a t end of .\-.ont):
December 31>1939 = 100
Household
Furniture
Jewelry
appliance.
stores
stores
stores

12 12
12
hi
h2 .
kh •
U6
5o -

50
50
I iC
16
L5 .
U5 "
iiS • .
76

• k..
h
h
h ...
a
h
h

L8
19
so
51
• 52
53
. 53
55
55
57
'-60
65

7
3
8
9
9
10

63
62
63
65
66
-70

10
10
10
11
11
12

69
63

5
5
5
5
6
-

.
'

23
23
- 2h
23
2 .3 ,
27
27 •
2h

25
' 2U
...
61...
y
27
.
2-3 .
62
•
63
.
.
.
27
.
;
26
65" :
1
26
. .65 '
26"
66
< & 6 : . . - - 2> . ..
65 '
.
27 '
73
27 ;
26
126

•

116
110 .
108
112.
117
'121

p. - ? r ; l l r . i n z y . r - : e v i s ' d .
1 / I n s t a l n e n v colloctr.onc c u r i n g month
. beginning of n.onth.




Collection r a t i o s 1/
Household
Jewelry• appliance
stores
stores

Furniture
stores

23
21 25
23
2h'
23

ko
h3
. h.2
18 . •
19
52
* 51
... It3

33
33
31
31
30
31
35
h6

52
52
5U
56
. 55 .
56
57
Six'51
52
17 ..
:
ln

32
29
32
32.
3h
'-"33
32.
- 33
30
32
3U
;
hh

•

hi
rJa
rhh
ih
L6.

.

26
25
27
25
25
22

per-c a i t of accounts o u t s t a n d i n g a t