The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
" I ^mABGH DEPARTMENT I i .... MAY *. i: ' h " \ . .BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM | " ^ ^ ^ G.17.2 : 7 )348. 0 May 5^ M 8 Retail Instalment Credit at Furniture, Household Appliance, and Jewelry Stores March 191*8 Instalment accounts outstanding- at jewelry stores declined seasonally in March, but- continued-about t h r e e - f i f t h s larger than on the corresponding date l a s t year. Furniture and household appliance store accounts receivable r o s e - s l i g h t l y during the month, and on March 31 remained considerably above the l e v e l of the preceding year. The March c o l l e c t i o n r a t i o for jewelry stores was unchanged at 17 per cent. At furniture and household appliance stores the r a t i o s of c o l l e c t i o n s to instalment accounts outstanding on ,March*1 were 19 per cent and 3U per cent, respectively. The c o l l e c t i o n per- centages of both, kinds of outlet rose twcr. points from the seasonal low reached in February, - B , r < K C-.17.2 - 2 Instalment-Accounts Outstanding-and C o l l e c t i o n R a t i o s Accounts outstanding a t end of month December 31j 1939 = 100 Household Jewelry Furniture appliance stores stores stores: ' ; Month. Collection- r a t i o s ^ V 19U6 February March April : l:ay July August ; September . October ' November December h9 50 51 52 T 53 • =53 ' . < 55 55 57 . 5 • 5 5 6 6 7 8 8 ' 9 9 10 60 65 " • ..... . 68 73 • 52 5Lt . 56 55 .. 26 ' 26 26 ' 126. 27 28 27 Jevfelry stores " ' 2h . 63 .61 62 63 65 65 66 66 i Household appliance stores Furniture stores 25 27 27 26 56 57 51 .51 52 17 U7 - . • ' . 29 32 32 3U 33 32 33 30 32 3h hh 1917 January February" March April . x&y June ; July .August September October 'November December . '63 62 •63 65 6.8 . • • .. ' 70 71 73 75 79 8U . ' : 9L 10 10 10 11 11 13 ia 15 15 < 1 6 17 19 116 . - 23 21 no 108 25' 111 116 . . 23 2U 23 122 123 22 12:7. . 22 . 135 1U9 . 197 ' 23 23 • • • 2 0 . 26 25 27 25 . 26 2h 23 h0 23 25 23 39 39 31 . - • 39 " - 39 2h 132 hi hi • hh . M • . hh . •: h5 " hi 2h MM - : • January February March' p : -89 87 -80 18 180 18 19 176 170 18 17 19 ' 36 • 32 . 3h 19 17 17 .p - 'preliminary . 1 / Instalment c o l l e c t i o n s during month as percentage' of accounts outstanding at • beginning of month. .
@FedFRASER