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n s # Y O F m m m m
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.. R E S E R V E B A W f T F M a W

i j lj BOARD or GOVERNORS .or 1HB iEDBRAL RESERVE SYSTEM

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Retail Instalment Credit
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at Furniture, Household Appliance;, and Jewelry Stores . Octobe^ 1945 . ' ' •

Instalment- ncooutits-ou^stiding at furniture stores increased
by more, than the usual seasonal amount-in Octobdr. while those at

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household appliance and jewelry stores remained at the level of the preceding month. ' At the end of the month,, furniture store accounts receivable were above the year-ago volume for the first 'time since April,
.Jewelry store accounts outstanding on October Sl-were about the same as
on the corresponding date last year,-.
Collections on instalment .accounts increased during October
"at furniture, household appliance, ,nd jewelry stores. , Furniture and
household appliance store collection ratios each increased four points •
' to reach new high level, of 27 p e r c e n t And 53 per cent.-respectively.
At jewelry stores collections during the month vjere.33 per cent^of in' Stalment accounts outstanding at the beginning- of the month.




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Instalment Accounts Outstanding ^nd Collection Ratios

Accounts- outstanding f11 end of month
• - ' De'oerber 31, 1959 = 100
Household
Jewelry
Furniture
pppli«nce
stores'
'"stores.
stores .

'Month

Collection ratios
Furniture
stores

Household

.rvpplirvncestores•

xj
Jewelry
stores

•" "1943
' September
" Cctoberl^oi ember .
December

48
-48
47
48

11

10

21

- 21
22
23

45
46.
-50 '
68

15
13

22
2322 •

33:
37
39 '
55

. -1944:
. J-nu^ry
Frbrurry
r-ch - - .
"Anr i 1
June '
j-.-iv

A-U£USt

;

,

So p ter.be r
-October
Nover.ber - J
Deb-snber

42
41
41'
42
•42
42
41
42-'
43 - t
45 •4 S •-

7 " . •
. 7.
6
6
-5
5
5
5
5
5
5

56
52..
53 •
49...
47 .45
44
-.43
. 44
45
49.71.,

22

20-.

22 "

- 20

-23
23
25
. 24
23
.24.
'24

-26
26-'

26 .

28
29
32 .
33

.26

:
39.

24 .
23

31:
31
34
2.8

30
.30
31
.31
32
34
34
49"

1345
Jmu-nry V
February
'rV-rch ^pril
i: ? r
.
June
-. ,
July.;
August.
September
October " 'jl/

62
-5551 49 \ •
50 . .
50
48"
46
45 '
45 /

43
' 42 .
42
42 42 •
>2.
: 4i
42 '
44 .

29
'
' 35 '
21 '
28
- 32
21. ..
•" ' 32
36- '
' 24
30
. 36
- ' 22
33
• 40
23.
33
... • 43.. .
. .123
•
31
- 42
' .24
"
31
• 23.. - " , -43
. ; r30
. r49
" 23
-33
53
^
.27" .

Instalment collections during nenth r^s-per cent' of recounts outstanding rxt
beginning of month.




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