Full text of G.16 Retail Furniture Report : August 2, 1944

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RETAIL. niK^TLTffi.BEPt^rJQRi JlJte 1944

„

August 2, 1944
R&S-rft - 26
,

V

Ret&il f u r n i t u r e s t o r e sales. ir. June showed about the usual s e t s c n a l
d e c l i n e from the hig-h l e v e l o f the preceding- month end vie re i n s l i f h t l y l a r g e r
volume .than r a year -ago. Berth cesh end chayge-accouht sales 'declined by somewhat
more then the customary ejr.ctmt' from Jsay t o "June, but cesh s t i e s continued sub-'
s t a r . t i a l l y above those i n June; 1943. Charge-a-c count s o l e s were smaller than in ;
the corresponding month a yb&r age vrhile i n s t a l m e n t s a l e s remained unchanged
fr^m the l e v e l of June cf l e s t y e a r ;
*
*
•

"*

*

• *

»

I n v e n t o r i e s continued t o d e c l i n e Slowly- and at the end cf June were x
17 per cent below t h e volume hBld by r e t a i l S r s e year e a r l i e r . At the end cf
the r.cnth t h e y amounted to s l i g h t l y l e s s th&n a fouV months* supply f t .the
current reduced r o t e of s a l e , as corr.pt;red w i t h f b o u t c fcur' £.nd one-half mAAths*
supply at t h s end cf June 1943*
•*
Instalment accounts outstanding a t the end of Jur.3 renxined unchanged
from, the l e v e l c f the preceding month but were s u b s t a n t i a l l y below the volume
outstanding on June 30 cf the preceding y e a r . The r a t i o of c o l l e c t i o n s during
June t c i n s t a l m e n t accounts r e c e i v a b l e cr. t h e f i r s t c f the month was 23 per
..
c e n t , a i o d i n e cf two p o i n t s from t h e u n u s u a l l y high c o l i c c t i o n re t i c of May
1944. These acccunts are now c o l l e c t e d i n approximately seven end one-half
months as compared w i t h on average p e r i o d c f a t o u t sifrht and cne-ht.lf months
a year a g o .
....
.
Furniture Store S t a t i s t i c s f o r June 1944 •
Percentage <s h a h p e f f o m :
June 1943
to
" to V *
June 4944
June 1944
Net s a l e s '
Total
r . CLsh s a l e s .
Credit s c l v s j

...
-. .
Instalment
Cher re apccunt
Accounts r e c e i v a b l e , at « t d of nonth
Tcta]
;
Ir cta^r.: nt
.
.
Colleo vJ cnc luring month
T-tf.L
'
.
Ii.stfilmunt
I n v e n t o r i e s , er.d gf month, a t r e t a i l , v a l u e .

+ 3+11.
o.
- 5

•




.

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.

'
•

.
•

•

;
.

-19—19• -

f

~ 9 »
-ii
-8
-10
, :0
0

-11
-11
-17

.

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-.2
- 3
- 2«

i

RETAIL FUREITURE STORES - JUKE 1944
S a l e s and I n v e n t c r i e s
Total n e t s a l e s
Federal Reserve
District

Percentege ,
change from:
- May
1943
1944

Percentage
change from:
May
1944
1943

+
+
+
+
+
-

+ 9
+13
+ 2
0
+ 8
• 8
+11
+ 6
+21
+22
+15
+16

-12
-12
-17
-18
-11
-12
-16
-14
+ 4
- 6
-10
- 5

3
8
1
2
8
7
5
3
0
.- 1
+ 7
+ 1

Boston
Kew York ;
Philadelphia
Cleveland
Richmond
Atlanta
Chi cagc
S t . Louis
Minneapolis
Kanses City
Dallas .
San - Francisco

-14
- 5
• '-15
-18
-13
- 7
-14
-11
- 7
- 5
- 4
- 2

Inventories
end of month
Percentage
change from;
May
1944
1945

sales

Credit

Cash

Percentage
change from:
Mey
1943
1944
- 6
. + 7
+ 1
- 2
+11
+ 9
- 3
- 9
- 8
- 7
+ 6
— 4

- 4
-14 .
- 5
-13 .
- 3
-14
+ 3
-18
-4
-24
:
- 8
-45
-14
- 2
+ 2
-19
' -29 1 - 3
- 2
-16
— 3
-13
8
+ i
-

-16
3
-15
-18
-10
- 7
-16
•16
-ii
. - 5
- 2
- 4

U. S . Total

+ 3

- 9

+11

-11

0

-10

-17

- 2

Number of s t o r e s

930

930

742

742

742

742

651

651

At r e t a i l v a l u e .
f c c c u n t s Receivable and C o l l e c t i o n s

Federal Reserve
Distri ct
Boston
Kew York
Philadelphia ;
Cleveland
Richmond
Atltintc.
Chic&gc
S t , Louis
Icinneepclis
Kansas City
Dt-llas
Stn Frsr.ci see.
U. S . T o t e l
Number c f s t o r e s

accounts R e c e i v a b l e , end rf month
Instalment
Total
PeF35iftagc
Percentage .
change from:
change frefc;
Kay
May
1943
•
1943
1944
1944
-19
-20
-16
-19
-14
-15
-19
-17
-24
-23
-18
-24

- 2
- 1
0
+ 1
+ 1
• + 1
0
0
- 1
• 2
+ 2
- 1

-19

o

854

854-




-20
-22
-17
-12
" -16
' -12
-15
-12
-20
-35
-25
-35
-19
323 '

- 3
- 1
0
+ 3
0
0
+ 2
- 2
• 2
- 1
+ 2
+ 2

,

|

C o l l e c t i o n s during month
Instalment
Total
Percentage
Percentage
chtngc from* . -fihenge from:
June
May
Hey
1943
1944
1943
1944
- 8
- 9
-11
-14
-10
0
- 8
—15
-18
-16
-11
-13

+
+

6
2
6
4
2
4
2
9
6
1
5
1

.-14
-10
-12
-12
+ 6
-17
-12
-17
-29
-22
"26

0

-11

- 2

-11

323

854

854

323

- 9
- 4
- 5
0
- 5
• 2
- 7
- 9
- 2
1 - 8
i -10
j + 1
i • 3
i
1 323