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BOARD op governors of t h e f e d e r a l r e s e r v e system . ; ' •' ." ; -• .October 2, 19^3 R&s^ric - 13 . R e t a i l Instalment C r e d i t , a t F u r n i t u r e , Household Appliance, and Jewelry S t ore s ! August 19W I n s t a l m e n t accounts r e c e i v a b l e a t f u r n i t u r e and household appliance ' s t o r e s continued"to d e c l i n e In August a t / a b o u t t h e s a n e . r a t e as i n J u l y . At the end of t h e month t h e amount o u t s t a n d i n g a t - f u r n i t u r e s t o r e s was 3 9 . p e r c e nt below t h a t on t h e • corresponding d a t e l a s t year,-' as 73 p e r cent a t household a p p l i a n c e s t o r e * . compared with a d e c l i n e of J e w e l r y . s t o r e - a c c o u n t s o u t s t a n d i n g '• decreased f u r t h e r , b u t a t a l e s s rapid r a t e flan i n - o t t e r r e c e n t months, and a t . the end o f August were 3k per dent be low. t h e l e v e l of a y e a r ago, The August c o l l e c t i o n r a t i o s o n ; i n s t a l m e n t a c c o u n t s , a t f u r n i t u r e , household a p p l i a n c e t and jewelry s t o r e s remained unchanged a t the Ju.ly l e v e l s of 22. 2 1 , and 3lt, r e s p e c t i v e l y . .These r a t i o s continued w e l l above, those, f o r A u g u s t 19lj2, , . * *' "1. • ' 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 Month A c c o u n t s o u t s t a n d i n g a t end o f month December $ 1 , 1939 * 100 Eou84hold Jewelry, • Furniture appliance store's sto'res stores 37" - C o l l e c t i o n r a t i o s —y Furniture -stores. Household appliance stores Jewelry stores " 10 17 16 17 18 . 18 18 • • iyia . • June-. July August • September: Oc'tobt r November . -December -January ' • February Yarch•»=_ April -->-y" June . "July Augus t September October . .November- . - December . _>109 109 : 113. ill . 110 . -1Q9 no 116 . -105 102 101 116 122 12.0 117 113 lie 103. 100 96 • 100 91 • 97 91 -85 77 71 75 59 5U " 50 80 76 70" 85 6h 69 kt ..61; 60 57 -57 55 53 51 ' la 9k s t • 93.. 123 111 102 . 93. 87 81 ' .'7 3 65 61+: -63. t>3 79 11 -11 -12 ,• 11.. ' 12 12 11 - • 10 .10 ; 11 11 . 11 • '•-12 — . ' 11-, "13. ' ' 13 13 • •lh • ". . 23 '. 12 " ~ ;. 19. .18 . 12 ' • ' 19 : 13; / 19 .. 13 20 • 13 ' • - 22 13 22 • .-.13 11.1 25 1 3 ' • -• .16 26 . • ill- • IP . 18 .; 15. : .30 - 31 ; 15 17 • - L5 18 ' •" - « - 19l3 "-January; February - i':ar.c.h , April" :%y % .. -June - • July ; .-.ugrust k9 r = -Revised. l/ 32 ^29 26 23 , r 19 17 65 58' 53 # •1*8 : h6 145 17 • '.17 19 •20.1 22 21 . -22" 22 • - -16. 16 " 13 ' 18 ' ' 20 ' 31 .30 . 30 H ' 33 . 33 : 21 : 21 . 21 ; ;• 3k 3k - Instalment c o l l e c t i o n s as per cent o f accounts o u t s t a n d i n g a t beginning of month. . -