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-
BOARD OF GOVERNORS OF THE 'FEDERAL RESERVE SYSTEli___; '
"%G.1T,2 "
'
--
- November - - 1 9 %
2,
;*
• Retail1 ~lns ta^Trrent - Credit- " at Furniture, I{ous^oI3^^^{ance""'"dhd" Jewelry Stores '
SEPTEMBER 1 I .
948
,
:
'
Instalment accounts dutstanding at jfurniture and household appliance stores, which have shovm steady gains in the last
5 # months, increased further in September, |Jewelry, store accounts
receivable were unchanged, at the August level, but were 23 per
cent larger than on the corresponding Idate last year.
At furniture1
and household appliance stores amounts outstanding continued to
show sizable increases from a year earlier. '
The September collection ratio on instalment accounts
for jewelry stores was 1$' per cent, the same as in t;he six preceding months; the ratio for furniture stores was again 18 per
cent.
Collections of hou^eholi appliance stores during the month
represented 3? per cent of.''instalment accounts ^tsi'anding on
September 1, one point less.than was reported•in August.
G.17.2,
-2-
. Instalment Accounts Outstanding and Collection Ratios
L'onth"
•August
September
October
November December.
Accounts outstanding at end of month
December 31. 1939 = 100 •
Household
Jewelry
Furniture
appliance
stores
stores
stores
8
8. .
9
9
10
55
55
57
60.
65
66
66
68
73
126
Collection ratios^/
Furniture
stores
Household
appliance
stores
26
25
27
27
26
.
•
Jewelry
stores
5h"
51
52
33
30
32
:U7
h7 .
3h
hh
hi.
26
25
27
25
26
1917
JanuaryFebruary
'Larch - :
April'
.liay
June
July .
August
September
October .
Mcvember- .
December
" 63
62
63
65
63
'70
71
73
75
79
Qh
91
10
10
10
11
11
13
116
110 108 •
111
116
122
123
127
. 132
135
rlk8
197
1h
15
15
16
17
19 .
.
.
.
23
21
25 .
23
2ii.
23
22
22
la
hh
• hh
hh
Zh
15
hi
39
2h
39 ho
39
39
23
23
20
23
23
25
23
2h
~
31
.1918'
January
February
Larch
April .
-Lay
June
July
August
September p
89
87
. 38
91
.9h
96
97
100
• 101
.
18
18
19
21
23
2h
25
27
29
'
180
rl73
rl69
rl6L
rl65
rl66
rl6U'
162
162
-
--
18
17
19
19 .
19
20
18
18
18
'
" 36 •
32
" 35
33
3h
33
• 3h
33
32
19
18
rl9
rl9
rl9
rl9 '
19
19
19
'
p - Preliminary,
r - Revised.
1/ Instalment collections during month as percentage of accounts outstanding at
*'
"•
beginning of month.
@FedFRASER