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LIBRARY BF THE FEBE8/U. RESERVE BANK OF CWfBJU® i I BOARD OF GOVERNORS jOFTHE FEDERAL KESERVE SYSTEM V o.n.2' '"V •' Me '3' 191,7 •Retail Instalment Credit ; • at Furniture, Household,-Appliance,, and Jewelry Stores - : • : - - ' • Instalment accounts outstanding- at jewelry stores rose slightly in April,'while those' at furniture stares continued to gain. Household appliance store accounts receivable increased somewhat and were,ftoTBiderably larger a ' than a'year ago.,' At the end of the month jewelry-store accounts receivable wnre up 77 per cent.; the year-to-year i-nqrease at furniture stores was 27 per " cent* . • : • The April collection ratio on • instalment -accounts of household appliance stores increased- one point to h? P e r cent,. At jewelry stores the . collection ratio declined to 25 pfer cent fc?m 27 per cent in March. .Furniture store collections during April were 21,' per cent of instalment accounts outstanding on the" first of the month as compared.with 28 per cent a year' earlier,. Instalment Accounts Outstanding and Collection Ratios .• Account's outstanding at end of raontl 1 Collection ratios 1/ December 31, 1939 - 100 Household | Household 'Furniture Jewelry Furniture j appliance appliance Jewelry stores stores. . . stores j ' stores stores I stores * ' Month _" - " March "• h2April \ -. -May . June ' <July . • h2 • • August • September. October *. hh '."November . JU6 " December : » i •E . B• h h h h . h h h h h . 5 ' 2k 51 h9' 22 -23. r h6> ... 16'- hS. • • • : & - i M •MI - 68 •5' 5 6 6 7 8 8 . 9 9 10 . 23 • -23. - 27 27 ' • 2h : -.January ' - . 63 February ..! 62.4. March ' • j" 63 April p / ' 65*. 10 10 10 11 2h - :• : 27 62 " 28 ' 27 • ' 26 . 65 ' 26 ' 66 . 26 66 . g-,'7 •i ;,g. g - . •25 . 126 116 r l l 0 108 u a - « ho h3 u • S "• 1916 January w February h9 . . March" . : .50 .April . . . 51 . May - 52 Jun§- . July • August .September "... . :•%' October, 57 ' November 60 December . • 65. 36 • .36 I 33 31 . U6 32 - 29 32 ' 32 ' ' I• 56- i 1 1a 33 * hi . • . : • Hd 23 ' '* ' | ^ 2 d 3 d m ih s / ^ 4 hi - h2 ' • •hh :: ^ '26 25 • 27 25 — Hrtjfiion 1/ Installment collections during month as per cent of - accounts outstanding at beginning of month. n — Prf l -i jri-i ftai . §• ' ' 52 - 32 i3°- .
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