Full text of G.17.2 Retail Instalment Credit at Furniture and Household Appliance Stores : May 2, 1944

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BOARD OF GOVERNORS j)F Tt^,F£DERAL RESERVE SYSTEM

May 2/1944
R&S ric - 20"

Retail/Installment Credit;
at Furr.it,lire, Household Ambiance,; and" Jewelry Scores
• 'Household
Harch 1944

' ' Instalment accounts outstaying'at jewelry and furniture stores. ' .
declined by about toe usual'seasonal amount in March..' 'For the first time
in more than"two years instalment accounts receivable.of household spoilage stores-, showed no decrease from
In

the

lovel.'of

tWpreceding-month.

comparison with' the.corresponding data last.year jewelry store accounts

receivable. on.Ll-rch 31 f ere down only g per cent, whereis those of .-furniture
and household appliance stores declined 28 per-cent and 78 per" cent,
respectively.

•

z

•

«

Collections on instalment accounts' during "larch increased Sttb-

s^ntieJAy =t

household

appliance, jewelry and fur.niture stores. At

household appliance stores the collection ratio'reached a new high of
86

per cent, while at jewelry and furniture stores the collection-ratios

rose-to 35 per cont and 23 per "cent, respectively.




1

Instalment Ac co-ants' Out s tending and Collection Ratios

Apeounts outstanding at end of month
• December 51. 1939 y 100-'
Household
Jewelry
Furniture
appliance
stores'
stores
stores

. Month

Collection -.ratios

y

Household
Furniture, -appliance
stores
.stores

= 1942-

76
• 75
• ' 70
- 69

100
95
91
85
' 77 "
71
64.
53
54
50
-46

64
50
57
57
55
53
51
50
48
48
- 47
48'

41
35
32
29
26
23
19
.17
15
13 •
11
10

102. 101

Februr: ry
April"
y.ay
- •
J une
.July.
Aurv.st - '
September
October ". ivdver.ber .
.
Deeeriber

"100

27
"91
65

. 80

" 11 ;
13
13 :-3
'1
;i4;;
• 14

102
98
-93
87
. 81'.

• 7356
' . 64
63
63
.79

16"

16 "
18 '
.17
18

- 12

13
. 13
13
13"
13
13
14
.15 .
15
.15

, -1943
J aruiary .
February
"March "
April
L.y .
v-/v u:ie .
July;:
' August
Se>te:;iber •
Octrbur
Kovc:"nber
- Decc:nbor'
/

1944

16
.16
18

18

22
•.?]/
22
• 23 .
22

20
21
21
21
21
22
23
22

SO
r20
. 23

22
22
26

• •22

^

January. February -•
Larch

1/

-17
- 17
19.
20
22
: 21 "

65
. 5S :
-53
51 "
49
,48
-46
45
. .45,
'46
-50
68.

-14
42
41

56
• 53'
\ 52

Ins t'air.ent collections as per cent - f accounts-outstanding at b e ^ i n n m - of
;
ncr.fr..-




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