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BOARD OF GOVERNORS OF.THE FEDERAL RESERVE SYSTEM G'l?'2 ' - October-1;, 19U9 R e t a i l Instalment Credit a t F u r n i t u r e , Household Appliance, and Jewelry- S t o r e s August 19U9 I n s t a l m e n t accounts o u t s t a n d i n g a t 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 showed some f u r t h e r expansion; i n August'.and a t t h e end of the month were approximately o n e - s i x t h l a r g e r than on the corresponding . d a t e of 191*3. The amount o u t - s t a n d i n g on i n s t a l m e n t accounts of j e w e l r y s t o r e s a t t h e end of : August was approximately the same.as a month e a r l i e r b u t s l i g h t l y l a r g e r than the amount c a r r i e d on t h e books as of August 31 l a s t year. .• : C o l l e c t i o n s on i n s t a l m e n t accounts "of f u r n i t u r e s t o r e s kept pace with the i n c r e a s i n g r e c e i v a b l e s and the c o l l e c t i o n r a t i o — c o l l e c t i o n s during t h e month expressed as a p e r c e n t a g e of a c c o u n t s o u t s t a n d i n g a t the beginning of the month—was 12 per c e n t f-cr the t h i r d c o n s e c u t i v e mojnth. At household a p p l i - ance and j e w e l r y s t o r e s t h e c o l l e c t i o n r a t i o was lit p e r c e n t , one p o i n t h i g h e r t h a n i n J u l y . . 3.17.2 — 2 - Instalment Accounts Outstanding and Collection Ratios ^ 1 Accounts outstanding a t end of montt1 :.y Collection r a t i o s i December 31. 1 9 1 9 . 1 0 0 . Household Household ; rurniture Jewelry• Furniture Jewelry appliance ; appliance stores stores stores stores stores l:cnth 19L7 / ' ' : J%iy August - September October November. December 51 33 87 I . 92 •i 98 ; no r 65 70 lk 79 85 91 9$ 99 103 106 117 156 90 90 9k 103 112 118 121 131 . 138 139 138 112 113 137 13k 130 131 131 129 127 128 127 137 16L 17 17 19 "19 . 18 16 23 21 22 22 21 21 19lS 'January February . llarch ' April i.'ay' June July August September . October - November . December 19&9 ! : ; : : : ; '. ' m 103 101* ;io8 112 116 117 122 128 128 130 llo ' 19 17 18 17 18 17 17 17 ' 16 16 15 15 15 lk 15 15 15 16 16 16 16 16 17 20 | -January February-. Uarch April ! . 131 .; 128 : 126 i 127 ; . 131 -^ne ; 13U July • . j . 136 August p i 111 i V . lk Ik 15 • .15 15 16 lit 1U 1U • Ik lk • Ik 16 15 17 17 17 21 . ' •: J 131 129 128 129 13L 1L0 118 153 152 1L0 133 ; 133 132 13L 131 •131 12 12 lit 13 13 12 12 12 15 1U 15 lk lk lk 13 lk lk 13 lk lk lk lk 13 lit Instalment c o l l e c t i o n s during month as percentage- of accounts outstanding a t .beginning of month. '
@FedFRASER