Full text of G.17.2 Retail Instalment Credit at Furniture and Household Appliance Stores : May 3, 1943

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BOARD OF GOVERNORS. OF THE FEDERAL RESERVE SYSTEM
May 3 / 1 9 4 3
R&S r . i o - 8 -

RETAIL INSTALTENT CREDIT
March 1943

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9

instalment accounts receivable at f u r n i t u r e , househ o l d a p p l i a n c e , and' j e w e l r y s t o r e s c o n t i n u e d t o d e c l i n e i n
March a t a b o u t t h e same, r a t e a s i n F e b r u a r y .

Household a p p l i -

a n c e s t o r e a c c o u n t s o u t s t a n d i n g a t t h e end o f March w e r e 67
Y e r c e n t b e l o w t h e c o r r e s p o n d i n g ; d a t e l a s t 1 , y e w , a s compared
w i t h . d e c l i n e s o f 44 per c e n t f o r f u r n i t u r e s t o r e s - a n d 45 per
cent for jewelry s t o r e s .

,

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 ,March .
improved a t b o t h - f u r n i t u r e and h o u s e h o l d a p p l i a n c e s t o r e s ,
r e s u l t i n g i n c o l l e c t i o n r a t i o s - o f 19 a n d - 1 8 , - r e s p e c t i v e l y .
The c o l l e c t i o n r a t i o . o n i n s t a l m e n t a c c o u n t s - a t j e w e l r y . s t o r e s
remained unchanged a t t h e F e b r u a r y l e v e l o f 2 9 .




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 and C o l l e c t i o n - R a t i o s

A c c o u n t s o u t s t a n d i n g a t end of month
;
. . Dec ember 3 1 , 193 9 = 100
Household j J e w e l r y
Furniture
stores
appliance
• stores
"stores

C o l l e c t i o n r a t i o s 1/
Furniture
stores

:Household
appliance
•'stores .

Jewelry
stores

10
11

9
'lO.

1-5
16

- • 1941 .
"
102
February
101
M a r c h >•
104. April
107 *
May'
' * 109. •
June .
109 "
July \
. - 113 - >August •
Septemberi n
li-o-. .
October
109
November.
no
December -

101
101
107
112
116
118
122
120
LI 7
113
no

•

93
92
93
94
93
94
98
' 96
98
123;

10

' 11

IL •

12
11
11
12

10 .
10'

10 '
11 •
•11

1-1.

12
12
11

11 •
.12'

16 '

17
17
16
.17
18
10
18
23

1942
105 ,
January.
102^ .
February '
101
March
100.
April
97 *
May •
'91 "
June
.
July
- ••..-85..
' 80
August '. 76 .
September
N
73 .
October ,70.
November
69
December

64"
CO- .
57-

r = Revised
l/

*

103
100
96
91
, 85
77 .
71
64
59 .
"54
50
46

111
102
98.
93
87
81
73
69.
65.
63
63
81

41
36
32

67 r59
54

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11
1-313
1.3 .
14 '
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16 •

18
17
18".

17
17
19

•

12

12
. 13
'IS
13 •
13
: 13
14
• 15
15
15

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15
16

. 18

' 19
18
19.
•19
- 20

22
22
25
26
30
31
45

30
•29
29 '

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jicnt c o l l e c t i o n s as per c e n t of a c c o u n t s . o u t s t a n d i n g f t b e g i n n i n g .
of moncn„ '
,
•
. :