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L[ 5 BOARD OF GOVERNORS^ OF THE FEDERAL RESERVE.; SYSTEM ' ' . May 2,' 1945: R&S r i c - 32 • Retail Instalment Credit : I a t F u r n i t u r e , Household Appliance., and Jewelry S t o r e s - •r ' K• c x •y March 1945 I n s t a l m e n t £ ooounts o u t s t a n d i n g At j e w e l r y / s t o r e s d e c l i n e d by , somewhat more t h a n t h e u s u a l s e a s o n a l amount i n t a r o h , and a t t h e end of •• t h e month wore f o u r per c e n t s m a l l e r t h a n i n t h e -preceding y e a r , - F u r n i t u r e s t o r e a c c o u n t s r e c e i v a b l e d e c l i n e d f u r t h e r , b u t f o r t h e second s u c c e s s i v e month were l a r g e r t h a n on t h e c o r r e s p o n d i n g d a t e l a s t y e a r . At household a p p l i a n c e s t o r e s t h e amount o u t s t a r d i i i g OB March 3.1 showed l i t t l e c h a n g e - ^ from t h e l e v e l of t h e two p r e v i o u s months, ' , 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 d u r i n g M a r c h , i n c r e a s e d a t • household a p p l i a n c e , j e w e l r y , a n d f u r n i t u r 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 i n c r e a s e d f i v e points t o 36 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 c o l l e c t i o n r a t i o s r o s e t o 34 per c e n t and 24 per c e n t , r e s p e c t i v e l y ^ - ' / - " , I n s t a l m e n t Accounts Outstanding' and C o l l e c t i o n R a t i o s Accounts o u t s t a n d i n g a t end of month - iionth * Furniture stores Household appliance stores Jewelry stores - Collection ratios' \ / • •' -19-13 Fcfcrutry I t r c h .. J pri 1 . Afy, June •July/-' : August September - Oct'obsr. . .'November • . December' ; - -55 .53' •51 . 5.0 ~ - . 4848 ' 47' . . 48 36 32 29 - 26 23 19 17 15 13 11 10 January 44 February ' 42. ,Kerch 41 April 41 •" ' 42 ; W ' ' ' June v ,; . 42. " July " August 42 'September • 43 •October ; November 45 " Dp^vmber.. : 48 - ' 8 7 7 6 6 5 5 5 5 5 5 5 - 1944 - Household appliance stores Furniture . storee " ,60 57 • ' hi. 58 53 51 49 • 48 46 . 45 . 45 46 50. 68 17 19 = 20 22 21 , 22 22 21 .-' ' 22 23 22 Jev/elry - stores ... 16 18 ' -18 20 : 21 2.1 21 21. 22 23 22 .30 . . • 3 l - 33 33 34 3 4 . 33 37 39 55 - . i - 20 56 20 • 52 53 23. : 23 ' 49 .25 : 47.. * 24 , • 45 ' 23 . 44 43. ; - - 24 • 24 • 44 45 '26 - .24 . . 49 72 s 23 '22 22 26 26 : %6 *28 26 32 - 33 36 37 . 39 . 31 '31 34 28 . 30 30.. 31 31. 32 . 34 . 34 • 49 1S45" • JanuaryFebruary • "kerch . » • -43 42 '4 4 r63 • • r55 51 21 21. 24 r31 . r30 • • "34 ' .31 36" r - Revise^, " . l / I n s t a l m e n t c o l l e c t i o n s d u r i n g month a s per. cent-Of a CQfflCX&fe o)ui& t'andi ng a t b e g i n n i n g of month. MHVfl 3/W3S3>i i* >pimn m ,
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