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BOiiRD CF GOVERNORS OF THE FEDERAL RESERVE SYSTEI"
G.16

December 9, 1952
RETAIL FURNITURE REPORT FOR OCTOBER 1952

Total sales at furniture stores in October increased 13
per cent over the preceding month, reflecting gains in each type of
transaction. Instalment sales increased 16 per cent, -while cash and
charge-account sales increased 12 per cent and 5 per cent, respectively. Total sales in October ..ere also above a year ago. A yearto-year gain uf 12 per cent in instalment sales was core than sufficient to offset declines in cash and charge-account sales.
Instalment accounts receivable increased 3 per cent during
October, and at the end of the Month were 17 per cent above the yearago level. Collections on these accounts during the month were 3
per cent above September collections and 1 per cent above October a
year ago.
The retail value cf inventories increased 5 per cent from
September 30 to October 31, but decreased 3 per cent from October
of last year. At the October rate of sales, merchandise on hand at
the end of the montn amounted to about b month's supply.

Furniture ftore Statistics for October 1952
Percentage change from:
Sept. 1952
Oct. 1951
to
to
Oct. 1952
Oct. 1952

Item

I'et sales
Total
Cash sales
Credit sales:

+13
+12
+16
+ 5

+ 6
- 5
+12
- 6

Accounts receivable, at end of month
Total
Instalment

+ h
+ 3

+19
+17

Collections during month
Total
Instalment

h

+ 3

0
+ 1

+ 5

- 3

Instalment
Charge account

+

Inventories, end of month, at retail value
/




!

RETAIL FURblTURE STORES - OCTOBER 1952*
§
Sales and Inventories

1

!

!

Federal
Reserve
District

ge change

Inventories
end of month 2/
Sept'52 Oct.'51 Sept'52 Oct.'51 Sept'52 Oct.'51 Sept'52 Oct.'51
to
to
to
to
to
to
to
to
O c t . ' # Oct.'52 Oct.'52 Oct.'52 Oct.'52 Oct.'52 Oct.'52 Oct.'52
Total net sales

Cash sales

Credit sales

+ kr

- +
+
-

3
1 •
3
1
6
3
6
0

+17
+27
+18
+ 6
+17
+ 6
+ 9
+15
+ 6
+ 3
+10
+ 3

+ li
+12
+ 6
+ 2
+ 8
+ 8
+ 3
+ 7
+ 2
+10
+ 7
- 1

+13
+23
+ 9
+ 3
+28
+ 7
+ 7
+20
- 1
+ 6
- 1
+11

- 5
- 5
- 3
- 7
+ 8
-15
- 5
+ 5
-16
- 5
- 5
.-5

+17
+27
+21
+ 6
+16
+ 7
+ 7
+12
+ 7
+ 3
+10
+ 7

+ 5
+16
+ 6
+ 2
+ 7
+ 9
+. 2
+lii
+ 6
+1h
+ 7
0

U . S . Total

+13

+ 6

+12

-5

+12

+ 7

+ 5

- 3

Number of stores

687

607

523

523

523

523

U73

U73

Boston
New York
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
St. Louis
Minneapolis
Kansas City
Dallas
San Francisco

•+ h
+

h

+ 6
+ U
+ 3
+ 3
+ 3
+ 1
+ h
+ 2
+10

- 6
- 6
- 2

1/ At retail value
Accounts Receivable arid Collections

.

Federal
Reserve
District

Boston
;xev. York
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
St. Louis
Minneapolis
Kansas City
Dallas San Francisco
U- S. Total'
Number of stores

Percenta;;e change
Collections during month
Accounts receivable, end of month
Instalment
Total
Total
Instalment
Sept'52 Let.'51 Sept'52 Oct.>51 Sept'52 Oct.'51 Sept'52 Oct.'=L
to
to
to
to...
to
to
to
jto
Oct'.'52 Oct.'52 Oct.'52 Oct.'52 Get.'52 Oct.'52 Oct.'52 Oct.'52

+ 5
+ 5

\ 5
+ 5

+ h
+ h
+ h

+16
+15
+13
+16
+16
+37
+11;
+17
+13
+20
+22
+ 16

+ L
601

+ h

+
+
+
+
+

3

h
2
2
2

+ 5

h

• +13

+ 6
+ 7
+ 8

3
3
2
3
3

+ 2
+ h
0

+17
+20
+31
+1^
+2u
+19
+17
+23
+13

+13
+ h
- 5
+lii
+ 9
0
- 1
+ 6

+19

+ 3

+17

601

197

197


*—October 1902 figures are preliminary


+
+
+
+
+
+

+ 5

+19
+16

+
+
-

+ 5

2
3
1
2

+>

+lh

+ 7
- 1

+ 9
+ 9
+ 9
+ 6
+19

+ 5

+ 5

- 1
+ 8
-10
+ 1
0
- 9

-21
+13
+ 8
- 1
+ 6
- 3

+ h

0

- 3

+ 1

601

601

197

197

and subject to revision.

•

- 6
+ h
+12
- 1
+23
-11
+ 3
- 6
0