Full text of G.17.2 Retail Instalment Credit at Furniture and Household Appliance Stores : September 1, 1943

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BOARD OF GOVERNORS 07 THE,FEDERAL RESERVE SYSTEM
Seotember 1, 19451
1
R&8 r i c - 1 2
Retail Instalment Credit
• a t F u r n i t u r e , Household A p p l i a n c e , and J e w e l r y S t o r e s
July.1945

,

I

-

- .

—

I n s t a l m e n t a c c o u n t s r e c e i v a b l e ' a t f u r n i t u r e and household a p p l i a n c e
•stores c o n t i n u e d t o d e c l i n e i n J u l y a t about t h e same r a t e a s i n J u n e .

Jewelry

• s t o r e a c c o u n t s o u t s t a n d i n g . d e c r e a s e d a t a more r a p i d r a t e than i n J u n e and a t
t h e end of the month were 57 r-er c e n t b e l o w - t h o s e of t h e corresponding month'
a year ago.

At f u r n i t u r e and household a p p l i a n c e s t o r e s 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 showed i. d e c l i n e of 40 and 72 p e r c e n t , r e s p e c t i v e l y , from a y e a r
•ago. -

'-\

'f

•

-

-

The J u l y c o l l e c t i o n r a t i o s on 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 and
j e w e l r y s t o r e s i n c r e a s e d b y ono.point- from t h e ' h i g h June l e v e l s t o 22 and,54
Jpor c e n t , r e s p e c t i v e l y .

At huts-ehuL: a p p l i a n c e s t o r e s c o l l e c t i o n s r e g a i n e d

uncha-iged a t the June f i g u r e '
b e g i n n i n g of t h e month.

of 2 1 per . c e n t of' acccWitS o u t s t a n d i n g a t t h e

C o l l e c t i o n r a t i o s f o r t h e s e s t o r e s continued sub-

s t a n t i a l l y above t h e y e a r - a g o l e v e l s .




.•

-

:

^

.

I n s t a l m e n t Accounts Outstanding and C o l l e c t i o n Ratios

Accounts- o u t s t a n d i n g a t end of month
December 31# 1939 • 100
,

-Furniture
stores'

Month -

-

*
; -

;

•

-

.

June
'July
August"
^Sept'e-pber- '
October
• November
December.-

F u r n i t u r e - Household ; Jewelry
stores
s t d r d s - ^appliance
: : stores

Jewelry
stores

Household
appliance :
store's

.
•

C o l l e c t i o n r a t i o :5 1 /

116
118
122
120
117
113 .
110

. ,109
109
113
- • ill
. no.
- 109
110

9h
^93.
9h
98'96_
98 123.

.

.11
"11
12
11
, 12'
'
12
11 -

10
* 17
10 •
16 .
•'
10 .
•17
18 .11
11 - , 18 .
.
18
Xi .
' 12
• 23 -

' 19&2

January.
-105
-102
- February
:
101
; March .
-- 100
April;
May
97 *
June
91
...July.
- 85
- . 80
August
' September
- - • 76'
.October • ,73
November.
- 70
'December ;
69
•

. 12 ,
•
12
Hi
•19.
18 '
102
12
- 11. .. . 13
,19
13.
98
• 13. 19
13
93
. 20
87
13.
. 13
•22
61
.13
• ' lb 22 •
lk
.
13
73 .
68
- 16
"13- .•
25. .
-26
.
16
6it ..
.14
•
1
8
- 30
63 *
' 15;
17
63
.
31
. 15
- '18
•. . 15
45" •
• 79

103
100 .
- 96
91
65
77
1}
•' 6U
59
5U
50
1*6

m

January
February
March April
my.
Juno" . "I '
July-

'

. 6U
60
•' ' .
57
.
57. 55
- 53:.
f>l

^

hi
36
32
29 .
26
r 23
20

65 . .
58...
53
51
-

r

•

. 48
I1.6

.

.

/

' 16
17.
- 17 : • . .16
, 18
' 19 .
20' - 18
'22 . •
- 20
' 21
r 21
• 22 •
21

'

31
30
.30
31
33
33
34 -

.Revised
\ J I n s t a l m e n t - c o l l e c t i o n s as p e r c e n t of a c c o u n t s o u t s t a n d i n g a t beginning .of-.
- month;
.