Full text of G.17.2 Retail Instalment Credit at Furniture and Household Appliance Stores : January 8, 1947

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tiBRARY Df TIE FEDERAL
flF c w w WT)

BOARD' OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM

G.l-7.2

R e t a i l Instalment • Credit
a t F u r n i t u r e , Household A p p l i a n c e , ' and J e w e l r y S t o r e s

November,

Instalment"accounts outstanding a t f u r n i t u r e and jewelry stores
i n c r e a s e d by a b o u t - t h e customary amount, in.-November, w h i l e t h o s e a t

-

h o u s e h o l d a p p l i a n c e s t o r e s r e m a i n e d a t t h e l e v e l of t h e p r e c e d i n g -month.
On November 30 a c c o u n t s r e c e i v a b l e showed a y e a r - t o - y e a r i n c r e a s e of
30 p e r cent a t f u r n i t u r e s t o r e s , and of 54" per cent a t j e w e l r y . s t o r e s #
Col-lections on i n s t a l m e n t a c c o u n t s a t f u r n i t u r e and j e w e l r y
s t o r e s , were more r a p i d i n November t h a n a-month, e a r l i e r and the c o l l e c t i o n
r a t i o s r o s e t o 28 per c e n t and 34 p e r . c e n t , r e s p e c t i v e l y .

At household

. a p p l i a n c e s t o r e s c o l l e c t i o n s d u r i n g t h e /month were 48 per c e n t of i n s t a l m e n t
a c c o u n t s o u t s t a n d i n g on t h e f i r s t of t h e month, a s compared w i t h 51 p e r
cent i n O c t o b e r , .




.

• *

I n s t a l m e n t A c c o u n t s O u t s t a n d i n g and C o l l e c t i o n R a t i o s

Accounts o u t s t a n d i n g a t end of.month
December 3 1 , 1939 = 100- ^
Household
JewelryFurniture
"appliance
stores
stores
stores

Furniture
stores'

26
24.
23

45
49",
71

>3.
- -45.
' 48.

44
43
42
42
42
42
42
.41
42
44
•46
50

Collection r a t i o s l /

4
4
4
4
4
4
.4
4.
4
4
4

•
•'
.
*
;

-t
'
•
.

^ '
^

48
49 1
50
•51 •
•5 2 '
53 •53
55
55
57
"60

•Household'
appliance
stores

36
"37.
39 .

Jewelry
stores

34.
34
•49

29
28
32
30
33
33
31
31
30
31 .
35
46

. 35
.21
' 62 .
32
21.
55
. .
36
24
51'
. ; 36
- * 22
. 49
• . 23 • . . . . 40
50- .. •^3
• .. 23 "
50"
- ' ; .42
24
~ 43
- 48
23
46 ,
. . . 49
.
.23
45
•
52
27
45 '. - 51
27
• 48 ' - f
" . ' 48
24 76
.. •

.

5
5
5
5
c, 6
7
1
8
-• 9
10 '
10

68
63/
61

*25 .
24 ..
27
28 .
27 .
26"
.
26 ."
.'-"26
.25" 27
, -28 ;
:

•

63
65 . '
65" '
66 6.6 '
68 ,
74

52
52
' 54
" 66
.55
. 55
56
55
. 52
51
.
4.8

52
29
32.
32
34
33
32
33
31.
• 32
34

.p r P r e l i m i n a r y . '
l / I n s t a l m e n t c o l l e c t i o n s d u r i n g month a s per c e n t of a c c o u n t s o u t s t a n d i n g a t
b e g i n n i n g cf month