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j - A b o a r d - o f governors df t h e f e d e r a l r e s e r v e , system
. November 1 ,
1944
R&S r i c r 26
t

-'

'

at Furniture,

^
Sent'embfer 3:944'

.

.

•

•

.

\7

f u r n i t u r e store's increased s l i g h t l y . '
the third

?

.

--

-

Instalment accounts outstanding, at
s t o r e s a t t h e end 'of S e p t e m b e r g a i n e d

•'

j e w e l r y and h o u s e h o l d a p p l i a n c e

at the

J e w e l r y ,

August; l e v e r , w h i l e tSoso_at.
stare accounts receivable,

for

c o n s e c u t i v e month, were o n l y f p ^ ' p o r dent l e s s t h e n a y e a r ' e a r l i e r , •

; W h i l e at 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 t h e a m o u n t s o u t s t a n d i n g d e d i n e d ' 1 ' 2 p e r ' , c e n t a n d 67 p e r . c e n t ,

r e s p e c t i v e l y , o v e r . tht,. / i a _

p-ii d

T h e S e p t e m b e r collection ratio at household appliance s t o r e s 111creased t w o o 6 i n t s from t h e

h i g h

August level t o 3,4 p e r c e n t , b u t a t : f u r n i t u r e

s t o r e s ' i t ' w a s unchanged a t 2 4 p e r cent.
retail outlet

w@re

• substantially above

Collections increased a t

t h o s e . r e c o r d e d - i n

S e p t e m b e r 1943.^

jewelry s t o r e s d u r i n g September, amounting t o 3 2 p e r

c e n t of instalment accounts'
w i t h - 5 1 p e r cent for- August'.




Collection r a t i o s for b o t h k i n d s o f

o u t s t a n d i n g

. o n - t h e " f i r s t o f t h e month a s compared
.

,

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 ar.d C o l l e c t i o n K 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 o : inontti
D e c e m b e r 5 1 , 1959_= 100
Household
Jewelry'
Furniture
appliance
stores
• stores
stores

•

Collection- ratios, l/,
Furniture
stores

Household
appliance
stores

Jewelry
stores

1 # %

Auajst
. .
" September
October. .
Xoveriber
December
...

64
59
: 54
50
45

80
.76
7.0

68
• 64"
63
63
79

lo
16
18
&•

' -

Jan4-ry'
February .
','srcb .

- ,-prir.

::ey:
J-Juv
Juiv.;
A u g u s t '•
September
October'
::07ef'b&r
Decenber-

41
36
33
23
26
25
19
17
15
13
11
10

64
-cD
57 ,
57 '
55
55 •
51
50
.48
4Er
4-7"
48.

55
58.
53 - •
5L-;
49
48
45
45 .
45. •
40
-50..
68.

25
26
50
31
45

14
15
.
15
15- •

36
16
18
18
::.'0
H
' 2.1
" 21
.81
. 22
23
22

.17
"17
. is
.20

22
zlv
£'2-.
' 23

6
r-;3

22

•
•
.

31
30.
- -. 30
•31'
-*
. 53
•'• ••.
33 •
34 '
. 34
33 .
37
.'"39
55
'
.
'

- 1344Ja-nu^ry February
-.I'irci. ' '
Atril'
- i'-ay •
. J u-ne -" - .
' v u i y ..
: Av-uEt
vSeptember

•- 4 4
"4? " .
' -

'

41 •
42-42
' 42 r

r4V '

--kevis?-d.

•I-/ I n - s t a L r . e - t -?:; l l e c t i c n s
• > ' . b e v r i n r i n r o*; r . o n t l i .




•55- •
52 .
.53
49 :
47
45
44
43

20-20

.

•
?3 .
25 '24.-,.
^23.
24 •£3.'

urinrr u o n t h a s / p e r cent of - r

- 22
22.
26
,26
26 *
28
29; .
r52:
34

- .

' 3 1 '•
31
. 34
28
30
30
31-. r 3 1
32

.

:s o u t s t ? m d i n g a t