Full text of G.16 Retail Furniture Report : August 31, 1945
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BOARD OF GOYEHEORS OF THE FEDERAL RES W E SYS7E!--' ... ..' v... ..... - • .... — • • - August 31, 194-5 •• R&S r f t - 39 RETAIL FURNITURE REPORT FOE..JULY 1945 R e t a i l f u r n i t u r e s t o r e sr.les declinad- n i n s per c e n t i n J u l y , b u t were s u b s t a n t i a l l y above the ycar-ago' volume. ^Cash and i n s t a l m e n t s a l e s showed about t h e customary seasonal d e c r e a s e , w h i l e charge-account. • s a l e s d e c l i n e d somewhat pro re than is usual" i n this' - month. Cash s a l e s were 29 per. c e n t l a r g e r t h r n a~year e a r l i e r , whereas c r e d i t s a l e s of b o t h t y p e s were up e i g h t per c e n t over the y e a r - p e r i o B . I n v e n t o r i e s wore b u i l t up the month were seven p e r cent above t h e y amounted t o about f o u r months* ••ps compared w i t h appr o x i m r t e l y f o u r end of J u l y . 1 9 4 4 . * s l i g h t l y i n J u l y , and a t t h e end of those of a year ago* On J u l y 31 s u p p l y ' a t t h e . c u r r e n t r a t s of s a l e , and o n e - h " l f mpnths' supply, a t the V . • I n s t a l m e n t accounts r e c e i v a b l e remained near the l e v e l of o t h e r r e c e n t months, m d continued s l i g h t l y I r r g e r t h a n . i n the c o r r e s p o n d i n g period l a s t y e a r . The r a t i o o f - c o l l e c t i o n s during J u l y t o ' i n s t a l m e n t accounts o u t s t a n d i n g on t h e f i r s t of the month i n c r e a s e d one p o i n t to 24 per c e n t . , Theso accounts a r e now c o l l e c t c d i n about seven and one—half months, a somewhat s h o r t e r period than i n J u l y 19x4. F u r n i t u r e S t o r e S t a t i s t i c s f o r J u l y 1945 Percentage change from: June 1945 J u l y 1944 to . to. J u l y 1915 J u l y 1945. Net s a l e s Total Cash s a l e s Credit sales* Instalment Charge account Accounts r e c e i v a b l e , e t end of month Total Instalment . " C o l l e c t i o n s d u r i n g month •L Totr? 1 Instalment • * •» ? • I n v e n t o r i e s , end of month, r t r e t a i l vnlue . . - -- - 9 I \ - 5 - 8 -12 i +29 + 8 + 8 '"z . + 1 + 3 - 2 - 1 ' + 6 I ! ' !+ v , ! * + • i V 7 + 7 . '' RETAIL FOSHITURE STORES - JULY 1945 S a l e s and I n v e n t o r i e s P e r c e n t a g e change Inventories Credit Cash end of month 1/ F e d e r a l Reserve T o t a l n e t s a l e s J u l y *44 J u n e ' 4 5 ! J u l y '44 J u n e ' 4 5 J u l y *44 June *45 j j u l y *44 June*45 District to to to to to 1 to 1 to. to 1 J u l y ' 4 5 J u l y *45 J u l y ' 4 5 J u l y *45 J u l y *45 J u l y *451 J u l y ' 4 5 J u l y *45 i ! 1 +11 1 - 1 +15 ' - 6 Borton - 6 •12 - 8 - 5 + 4 1 + 6 +6 +31 -17 1 Nev: York -16 +11 -16 + 8 + 9 +38 -19 -17 1 +14 0 ! Philadelphia -12 + 5 + 1 ! +11 +32 Clev Yirnd +11 -17 -15 ! -12 +11 +35 +11 +15 Richmond - 1 f -11 ! -11 -11 +12 +12 +25 Auic.nti +15 +34 - 8 -10 - 4 + 6 + 2 +28 - 7 +13 Ch? cng-o - 9* . 0 - 9 + 7 + 7 + 3 S-1- Louts +28 +13 - 8 - 8 -11 +10 +29 i - 7 Minrrr.polis +15 * - 8 +12 1 + 4 — 8 + 3 +17 Km s i s C i t y +24 +43 ...L - s - 3 2 i " -* + 5 Dallas + 9 ! " 2 + 1 +14 +31 '• 5 1 L - 3 + 5 + 1 + 9 San F r a n c i s c o + 8 + 4 +18 I - 3 ! >2 TJ. S . T o t a l Number of s t o r e s 827 +13 1/ j - 5 j +29 -11 + 8 I + l + 7 827 - 9 672 I ! 672 672 672 | 569 569 At r e t a i l vmlue. Accounts R e c e i v a b l e and C o l l e c t i o n s Perccntag< 3 change Accounts r e c e i v a b l e , end of month! C o l l e c t i o n s d u r i n g month 1 ! F e d e r a l Reserve Total Instalment Total Instalment District June '45 J u l y *44 J u n e ' 4 5 J u l y *441' J u n e ' 4 5 ! J u l y *44 June '45!I J u l y '44 to to to to to 'i to ' to 1 to July* 45 J u l y ' 4 5 J u l y ' 4 5 J u l y '45' J u l y ' 4 5 ' J u l y ' 4 5 J u l y ' 4 5 1 ! J u l y ' 4 5 1 Boston 0 ; - e l 1 • - 5 ! 0 1 -.8 0 - 2 - 2 New York i - 4 - 5 I - 4 + 3 1 1 + 5 1 - 5 - 5 - 3 ! Philadelphia + 1 +-4 '•!! - 3 1 . + 6 1 - 2 - 3 i 1 1 - 3 1 ' +10 1 Cleveland + 3 1 - 6 1 - 2 - 1 I + 3 . 1I - 5 1 o ! D Richmond + 6 + 5 + 8 ' + 2 ! + 9 0 - 2 1 o 1 1 Atlanta + 8 - 1 +14 + 3 - i ! +15 I 0 I +14 Chicago - 2 - 2 + 1' - 3 - 6 - 3 - 4; -11 S t . Louis - 4 + X - 3 + 6 +11 - 4 - 3 0 Minneapolis + 4 + 7 - 1 + 8 + 6 - 1 ! +18 - 1 Krnsas C i t y + 5 - 2 + 1 + 6 -11 - 2 - 4 - 8 Drills + 4 + 2 0 +13 +.3 +10 +10 0 San F r o n c i s c o + 3 - 1 + 9 + 4 - 3 + 4 +.2. + 1 U. S . T o t a l Number of s t o r e s 2 + 1 - 2 + 3 - 1 + 6 - 1 + 7 766 766 S14 314 766 766 314 314 -