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LIBRARY OF THE FEDERAL RESERVE BANK OF CLEVFI.AW BOARD OF GOVmaiORSJ-FJEE FEDIKAL RESERVE SYSTEM _ ' March %, 1944 B&S r i c - 1§ • R e t a i l W s t a i i i i e n V C r e d i tJ a= a t F u r n i t u r e , Household-Apozfance,. and Jewelry S t o r e s January 1944 Ini3talmsnt-accounts r e c e i v a b l e a t , jewelry and i u r n i t u r e s t o r - o d e c l i n e d by somewhat more t h a n the u s u a l seasonal': amount l a J a n u a r y . the L At of t h e month t h e mr.our.t o u t s t a y i n g aV.jewelry s t o r e s was 14 per cent below t h a t .on t h e corresponaine -Sato l a s t y e p ^ as compared w i t h a d e c l i n e of SV p e r c e n t at f m n i t u r e - s t o r e s . -Household appliance s t o r e -ac- c W t s receivable continued t o decrease a t ' a b o u t ' t h e sane r a t e as i n ^ recent, r o n t h s , and by t h e end of January.were 76. per' cent below t h e volume of a year ago. ' _ • . * T h e - c o l l e c t i o n r a t i o on i n s t a l m e n t accounts a t jewelry s t o r e s declined considerably f r o n t h e ur.precederMdly high December l e v e l but , , s unchanged from t h e r a t i o of 31 per cent f o r J a n u a r y ' 1 9 4 3 . . C o l l e c t i o n s ' durini- t h e nonth were 20 per cent .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 # t t o beginning of t h e month a t f u r n i t u r e stores-, and 23 p e r cent at house- ^ hold a p p l i a n c e . t o r e s . Both of t ^ e s e ; r a t i o s continued w e l l above , ® o s e f o r t h e corresponding month of 194<5. , .% •- X I n s t a l m e n t Accounts O u t s t a n d i n g anJ C o l l e c t i o n K a t i e s 5 > Accounts O u t s t a n d i n g a t end of nonth .Dece^.ber 51, 1939 = 100 • •• . Household J ewelry Furniture appliance stores stores stores - •iiontn . 1941 i/ Collection' r a t i o s Household J ewelry^ Furniture appliance stores. •stores stores - ' . becenter 110 110^' 12 ' 23 .123 11 : . , 111102 -98. • 33 - 87 61 " 73. 66 64 63 . 65 • -79 - 19 -12 1H 18 ' ie .11 * ' - 19 13 • ' -13 19•13 13 -- : i s " • - 20 .13.. 22 " 13 . 14' 1=L 22 " 13 25 .'13 16 " • 26 .14 ' ' 16 -. . 30 " -15' 18... - - 31 - 15 17 45 - 15 , • 18 . '.-1942 .'January . February • March 'April. . Ms? . ; p -Aupunt • September October • IJovembe.r December ^105 10? . 101 -100 97 "?<1 85 ec .76 .. 73 70 • 69 103' 100 96 91 65 77 7L 64 59 54 50 " • 46 • u s ' January ; F e b r u a r y •March . ' April "May ' . . June . - . •July. August ." -September• October HovesYoer Be^enber '64 - 60 ' .'-57 57 55 • 55 - 51 ' 50• 46 48 - 47 40- 41 35 35 2.9 ' 26 23 19 17 15 13 —11 10 • ,3 M' . 53 •51. 49 -48 ' 46 45 -•45 T46r50 " r68. 17' . 17' 19 . 20 ' 22 . 21 2 .2 . 2g 21 • -22 23 ' 22 31" 16 -30 16 30 18 31 -18 - 33 • ?0 . 33 .21 34. 21 21 ' " •; 34 33 21 37 ' 22 r39 •. 23 . r55: 22- -1344 ~ • January 56' 23 "31 1/ "Tiistslr.ont c o l l e c t i o n s a s p e r cent of a c c o u n t s o u t s t a n d i n g %t b e g i n n i n g cu nonth. • • -
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