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LIBRARY Of T E FEDERAL
RESERVE

BARK

Of CltifOMfi

f . v.: BOARD OF GOVERNORS) OF TIffi.FEDERAL RESERVE 'SYSTEM '

G.17.2

May 1/1917

Retail\lnstalment Credit
at Furniture, HtiuseholH~App/irance^ and Jewelry stores
• March: 19U7

Instalment accounts outstanding at jewelry stores showed less .than
the usual seasonal decline in March, and were three-fourths, above the year-ago
•
.
.
I
•
- r
'
.
level* At furniture stores accounts receivable rose slightly in March, and at.
the end of the month showed a 5*6 per cent gaiti over the corresponding date last
year.

Household appliance store accounts outstanding at the end of,'March were

'unchanged from the level of other recent months.
Collections on instalment accounts ..increased' in March at .furniture,
- • •
i
... •.
* •
jewelry, and household appliance stores•; Collection ratios for furniture and

as c o m p a r e d with 25 per cent in- the preceding month.




• instU&H&Rt Accounts outstanding arid. Collection Ratios .

MAY 5 9 05 AH *«J7
ASflBvlftis oid^&fflsteg at end .of month

Collection ratios 1/

31, 1939 • 100

!Jonth

- '.Febrr.ary
i'31'Ch. •
.April

July •
.-August
gep'ter.b&r
- October."
i-ioveaber •
. December

Furniture
s 'cores

U

12 '
- h 2

ii2

h2
12
Hi
h2
:8
.50

Household
appliance
stores

u
h
I
h
-hh.
h
hh
h
5.

55 "
51

'

1*9

•

50. ' .
50
U3- .
• U6 -,. •
15

us-

•
•

L.8..
76 •

Household appliance
stores •

Furniture
stores

Jewelry
stores-

.

21
2L
22
.23.
.23

'

- 32
' • . ; 36
36. '
LO - ;

• h3

" • 2h

. 23
. '.23 '
' 27
27

• 1|3 •

' '• , h952 .
51
• -U8 •

. 2b

Jewelry
stores

2&
. 32
30
33
• 33
31
3.1
30
31
. 35
. 1*6

-19li6 January"February
.March - "
April.
Ljay ' "
June-.
'July •

ISC
' Bicemper

"68

1*3

&

U9 .
SO

I
62 -

"51%
" 53
53
F

ST

25 . "

2h

27
28 .
"27.
26
26
26
25

.
•

'

52
52
5U
56*
55'
5657 .
5Ar^
51

.32
29
32
32 •

3h

33
3233 30

65

,1917,
January
February
March p. .

-63'
62
63

r 10
10

10

116
109

.23

107

'25.

2.1

k7
ys

U2

0 - Preliminary,
r - Revised.
-1/ Instalment collections during month as per cent of accounts outstanding at
spinning- of month.
•
.




26
25

27