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. . . . - . . • . • UBfflRV OF THE MEBAL RESHa/feBAPiRnF CLEVELAND ' .. £ BOARD OF 'GOV5KMORS'OF,'THE-FEDERAL RESERVE-SYSTEM v ' .' .- . ' bo . • - • ' June SO,- 1945 R&S r i c " - 34 • Retail j Instalmen^-Cradlt a t F u r n i t u r e , Household A p p l i a n c e , and Jewelry S t o r e s - . ' ' - May 1945 . ' , Instalment a c c o u n t s o u t s t a n d i n g a t j e w e l r y s t o r e s d e c l i n e d s l i g h t l y i n May . . w h i l e those, a t f u r n i t u r e and household a p p l i a n c e s t o r e s showed l i t t l e change f r c m t h e l e v e l . o f . o t h e r r e c e n t months. At t h e e n d - Of t h e month j e w e l r y s t o r e a c c o u n t s r e c e i v a b l e we're four, per- c e n t h i g h e r ;. . t h a n on t h e corresponding dcite l a s t - y e a r . The amount o u t s t a n d i n g a t f u r n i t u r e s t o r e s j w a s a p p r o x i m a t e l y t h e same as on May 31, 1944, . •. • C o l l e c t i o n s on i n s t a l m e n t a c c o u n t s i n c r e a s e d during hay a t . j e w e l r y , f u r n i t u r e , and household a p p l i a n c e s t o r e s . " The c o l l e c t i o n r a t i o a t household a p p l i a n c e s t o r e s r e a p e d , a new h i g h of 40 per c e n t , ' w h i l e / a t j e w e l r y and f u r n i t u r e s t o r e s t h e r a t i o s r o s e t o - 3 4 per c e n t . a n d 23 per cent,respectively• - - , - ,- - I n s t a l m e n t Accounts Outstanding End C o l l e c t i o n R a t i o s • A c c o u n t s o u t s t a n d i n g a t end of month December 3 1 . 1939 *= 100 Household Jewelry -Furniture appliance , stores .. s t o r e s stores ' • ' .* .. Month . 1943 Housejiola. appliance stores. Furnit.ure . stores Jewelry ' -stores ; . April May ' , * --57 56 2926 23 19 17 15 13 -. 11 10 • • -July 60, . August 48 September , = 48 • October. 47 November . "48 • December ' ' Collection ratios y ' 51 - 49 48 . . . . • " \ 1945- ' ' ."44 . 43 42 42 42 ' - January February . barch April. . May . . . 18 20 21 21 21 • 21 - 22 • 8 - .31 . 33 •. 33.34 • 34 " 33 " 37 . 39 - ;-55. - - 56-" 52 53 . 4S 47 • 45 • 44 43 ' - 44 : 45 49 r71. 8 7 *. 7 6 6 5 5 5 5 . 5 5 5 ' " ' :i 21 22 23 22 ' • 44 . 42 41 .41 .42 .42. 4.2 .41 '42 • 43 45 48 % 45: 4650 ' - 1 9 4 4 January February March April . 'May , June . July " August --September October, November December 20 22 " . 21\ . . ^ ; , • 31 31 • 34 • 28 ; 30 * • ' 30 . 22 " .22 26 26" • - 26 • 28 - 29 . .32 33 20 20 23 23 25 24 23 24 24. . 26 • 24 23 :: 39 ' . g . 49 < 21 - , 21 . 24 22 23 63 r56 . ' r51 r50 49". 4 4 4 44 ' ;• ' . 35 32 3636 40. 1 31 r29 33 r31 34 l / " I n s t a l m e n t c o l l e c t i o n s during month cs per c e nt of accounts o u t s t a n d i n g a t ~~ b e g i n n i n g of month*. - ' - • . - 'JNV l:K j l J JC «WV8 3iAl!?S3aiVM3fl3d ' , Sh« Hd ' I x « m n £ W . 32 • 34 : 34 : .
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