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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