Full text of G.17.2 Retail Instalment Credit at Furniture and Household Appliance Stores : November 2, 1943

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BOARD OF GOVERNORS OF THE FEDERAL RESERVE "SYSTEM

November 2, I9k3
-R'&S ric - lh
'
oq
Retail Instalment'Credit
;
'
-at Furniture,-Household Appliancei and Jewelry Stores
September . .19k3

-

Instalment' accounts- receivable at furniture and jewelry s tores
-continued to decline in September, . but at:a less rapid rate than iatha
:preceding"month-•

Household appliance, store accounts outstanding were _

reduced by somewhat more than the usual seasonal amount, and"at the e n |
of the month were 75 per cent below, the year-ago level.

At furniture

stores accounts outstanding were 37 P'er cent belbw those" on the tarre-

-

pooling date last" year, :as compared with a decline of 31 P e r cent at
jewelry'stores .

/

Collections on instalment accounts at furniture and household
appliance' stores declined slightly, resulting in collection ratios of - y
21 and 20, respectively.

The collection ratio on instalment accounts at

jewelry stores remained unchanged at the August f tovel of 35. .Collection
ratios for the three kinds of - retail-outlet' continued substantially above
those for the corresponding month of" 19U2» "




„ '

InstalmentrAccounts Outstanding and Collection Ratios.

Accounts outstanding at end of"month
December 31, 1939 = 100Household
Jewelry
Furniture
appliance
v
stores
- stores
stores

Month

Collection ratios \J
Furniture
stores

House hp Id
appliance
stores

Jewelrystores

19U1

".1942

:

1*2

•1/

105

103:

. 1 2
19
- — 12.
18
12
11 -. 102 .
-13' ... 19
.
13
98
' .19
13
13
93 '
•
.2CXl„
: - i3:
1337'
- ' 22
13
iU;
81 • .
22
- 13 .
" • IU-'
73
25
16
•
-13
68
,
.26
• iU
- 16 •
6h :
30; • 18 •
. 15
15'
i7. •:
63
? 1 -•
.1,5
.15
... 18
79

.
100
96
91
8577 .

102
101
100
97.
91
85'
86
76
. 73
70
-69

I
I
%

'

• January '.
February"'
" Kar-ch
April
May-' '
•June
.July
August
September

r-- R

no

.12
:9U" ' '
. 11
98,
•.12
-•
96
12
98 :
11'
123 .

109

January
• February •March
.
April'
ray
June
July' ' -August .
September
OctoberNovember-December--'

10
\
17
18.
11
-.18
- 11
18
11. •
. . 23
12

122
120 .
117
U3
110

113
111
lio.

-August
September
October •
. November
December

3632
29

31'

26
23

• 55
.53-51

v

i

s

22 •

W

21 .
• 22
.
22
•' 21. • '

U8
46

L9
17
15

'is
e

17 •
65"
58 ••• ' .-17. .
- 19
.
53". '
,
51". ' - 20

hi

60
57

h5 '
Uk.
e

d

.

16
. ' 31
16
.30
18
30
18
••
31
20
"
33
.21 = '
33
21
3k
21
•r 33
20 - 33

.

Instalment collections as per cent.of .accounts outstanding at beginning of
month.

.




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-

"•