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--BOARD QF-GOVERilORS/cF THE FEDERAL RESERVE SYSTEk

G.17.2

'

' October 3, 19h7

Re tail/instalment Credit—...
at Furniture, :Tousehdia^Appliance, and Jewelry Stores
August 19u7

•

:

•

•

v

Instalment accounts outstanding at furniture, household
appliance, and jewelry stores increased slightly in August.

At

the end of the month furniture store .accounts receivable showed
a gain of about one-third over the year-ago level, rhile those .
at household appliance and jewelry stores continued considerably
larger than a year earlier. .
Furniture and jewelry store collection ratios on instalment accounts were unchanged in August .at 22- per cent and23 per cent, respectively.

At household appliance stores the

August collection ratio was h2 per- cent; a month earlier it was
13 per cent.




-

* ,

'

LIBRARY

.17.2

2 -

AM V

tlCT „ v 38
;nt Account Outstanding and Collection Ratios
InstalmentAccounts
F E D E R A L RESERVE B A N K
! ANn
Accounts outstanding at end of- month
Collection ratios 1/
December 31, 1939 = 100
Household
Household
-Furniture
Jewelry
Furniture
Jewelryappliance
appliance
•stores
stores
stores
.
stores .
stores
stores

-12
hi

US'

16

h2
hh

il

L6
•50

w
76

UQ

63
61
62
6365
65
66

So
"51
52
53
53
55
55
57

66
9
10

6.0

• 65 *

63
62
63
65
68.
70
71
•73

68
73
126

.

10
10
10
11
11
rl3
13
lu

116

110:
108

25

52
52
51
56
55
56
57

2h
Is
27
26
26
26
25
27
27
26

23
' 21

25
23

rill
>116

. 2h

rl22
123
127

.22

p -Preliminary.
r - Htviccd.
1/ Instalment collections during month
beginning of month.




h2
18
h9
52
51
U8

2h

68

-I?

2h
.23
23
27
27

23
22

Sh

51 •

hi

U7
ill
rUU

hh
•hh
L6
U3

h2

31
31
30
31
35

hS

32
29
32
32

3h

33
32
33
30
32

a
26
25
27
25
26

2h
23
23

percentage of accounts outstanding at