Full text of G.17.2 Retail Instalment Credit at Furniture and Household Appliance Stores : January 5, 1946

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BOARP OF GOVERNORS OF -IHE F£DS^L_HES_.i<YE.SYST2. •; - -

January 5# 19^6 •
. * P2-S ric.r .1+0..,

L

* -Retail Instalment Credit
at Furniture, Household 'Appliance, and jewelry Stores
, November 19h5

.

• .

.

instalment account, outstanding et jewelry stpres sho«#d about the usual
rise curing .November.' but it the end of- the no nth were too per cent less than-a
year ago.

Furniture store, accounts. Receivable increased further,- and were a g a m

above last.year's'yoliae.

.

The anount.-outs tending a f household appliance stores - - .

rcr.ainec at tHe extrene lav: v;hich h4s.privs.ilec: throughout
The Kover.b&r collection ratios on instalment cccounts for furniture and

--

'r.oucsholc appliance stores were unchc-r.ged (t the high fotober levels of 27 ?<rr cent
anc 52 per cent, respectively.

..Ir.er^sed; collections'at jerelry stores resulted * .

ir. a collection ratio of 33 per cent/too'points higher *.Mi in October. __




•
" 2 r . :
. 7 .
Instalment Accounts Outstanding" and Collection Ratios

Accounts•outstanding at end.of month
- Leccir.ber 31 * 1959 " 100
Household
Furr.-i-cur
Jewelry,
appliance
stores' .
• stores
stores

..-Month-

. -October.
November:
•E-ec-.ember

. 1 %

11

22
23

68

10

8 *

Furniture
stores

46
50

13

/W

Collection' ratios \J

-22

household
appliance
stores •

22
25

22

.Jewelry
stores

57
39
55

.

January .
February
'Kerch, .
'
June -July
August
' :S.£:-5-c-:r
October.—
::6vv-ib£ r
Deccrrber

hh.'
-h2 ;
hill
L2
'
-L2
-42 •
Li *
-L2 • •
45.
-45 • Ls' -

"

31
22
. ,
20 .
-j 22
,
31
20
' 26;
34
23
28
•
-26
23.
30
26
25
" 30
25
2L
31.
29 " .
23
• 31
- .32
2L
52
24
. 33
36
26 •' '
^
2L. ; •
37
•' ft
49
•39
23- "

56
52 "
53 ;
49hi • •
L5-

8
7 ,
,7
6
6 .
5 '
5
-—5 •
5
5
' 5
5-

45
hh
45'.
49. ...
71 "•

i;'L5- T
January. '
-bh
February ' . 43
^2
::t.rch
Afril.' ' • - L2
:iy. - - - L 2
".'1:2
June :
L2;
vu:y
• .
: >'i- L2
SeprA-.biL.r.
• .Lb"czob-^r
ho
:;o7-:er

L
L
4
4
4
L
4
4
L •
L-,
4

•

LB

r - ,-evis : c. .
' 1/ lnstv:;r.r-r.t collections during north
~~ be finning of r.er.th.




21
\ 21
24.
22
- - 23'
23
. 2L
.
•25

:62„ ••
55 51
4950
50
43 "
L6
L5
.

"

-

. 27"
2?

3532

43
• La• Le
i;9"r>2
. 52-

29
28
32
• 30
• 33
• 33'
• 31
; 31'
. 30
r31 •
• 7 -~

-;'er c'rnt of accounts outstanding at

•C