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D E C : 6 1948 ^.UEHAL RESERVE BANK v. ORiyHMQWl; .... -BOARD" OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM ' G.17.2 ' • December 3j 19kd Retail Instalment Credit u at Furniture, Household Appliance, and Jewelry Stores OCTOBER 19U8 ' ' Instalment accounts outstanding at furniture and jewelry stores declined slightly in October, contrary to the movement from September to October in recent years. Household appliance store accounts receivable rose slightly, and were more than three-fourths . larger than on October 31, 19^7* Increases from a year ago on out- standing balances of furniture and .jewelry stores, however, were less pronounced. Collections on instalment accounts of furniture stores rose somewhat during October, and amounted.to 13 per cent of accounts outstanding on the first of the month as compared with 17 per cent in September. At household -appliance and jewelry stores the collection ratios were unchanged at 32 per cent and 19 per cent, respectively. : G:.17.2 ' " -2- ' Instalment Accounts Outstanding and Collection Latios . L:onth Accounts outstanding at end of month December 31, 1939 = 100 Household. :jewelry . Furniture appliance stores --stores - "19L6 . - . September October "overuber December • 55 . 57 60 • 65 : ; 8 -.9 9 10 . Collection ratios!!/ Furniture stores Household appliance stores Jewelry stores . . •2$ 66 •: 27 68 : . 27 73 •' 26 126. 30 32 3U 51 52 17 ", 17 hh t hh hh hh 26 25 27 25 26 19L7 63 62 63 January. . -February, march : -y " June ' July August .September rOctober ' Hcvember December 70 71 73 75 : 79 "9h 10 10 10 11 11 13 lU 15 15 . 16 17 19 23 116 21 . 110 .,108 . Ill 116 . 23 122 • 22 123 22 127 2h 132 • - 23 135 ' . 11:8 - 23 20 - 197 I • 15 hi 2h . ho 23 23 25 23 ' 39 39 31 39 39 : 2h 19L3 January Februar%/ } ar ch . April. may July AugustSep uember October p . 39 87 .83 91 • 9h 96 97 100 10L 103 13 13 19 21 23 2h 25 27 28 29 16 0 - 161 165 166 .16L . 162 165 163 : is 1719 19 19 20 % 17 - 18 . ~ : 36 32 35 33 • 3h 33 3h 33 . 32 32 - • 19 ' 18 19 19 19 19 19 19 19 19 v p - preliminary. 1/ -Instalment collections during- month as percentage of accounts - outstanding at • 7 beginning of month. '•
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