Full text of G.16 Retail Furniture Report : February 2, 1944
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BOyJiD 03', OOVERI-IORS oF Til£ FEDERAL .RESERVE SYST2*: . February 2, 1944 PAS rft - 20 Lu.TAIL FJRiIITUKE RE.ORT FOR DECEMBER 1343 Retell furniture store soles in Beceirber showed less then the customary 'csr.scnsl expansion i.*ro;r. the comparatively high November level. Both cash . nd credit £ile.-j Increased less than is usual during the month but cash sales continued in larger vlujr.e than a-yehr n^o'. Credit soles on instalment ond choice accounts fell bo low the December 1342. levels. Instalment. silos "ccountod for slightly l/>ss then three—fifths of tvtnl st:les,. compared with about fivo-vir,hths during the corresponding %onth'.n yocr ago. Inventories doclinnd ab'cut 6 per cent during December and continued approximately one quarter below the yenr-i£*o lovul. At the una f the month they *• mounted tc :> three norths* supply -A th.?: current rate o f sale, compared with "bout three r-i:d one-half months' supply -it t h e end of the corresponding, month o year ago. Instr.ir.orrt accounts rocAivnbie .-t the end of December rose slightly from th? November lovo! ?,ut vwrs in vonsi'dorably• smsllt-r volume thin at the end of December 1042. The rstio of colle ctLon:= during December t: instalment accounts outstanding on the first 'f the month wr.s 22 per cent, four points above t: at for December of too previous year.' These accounts ore now collected in about oirht months, c m p n r c d oith on overi^e collection period of ton months a yeara^. Furniture St or vj Statistics for December • 1043 Percentage :c"i- i%e fr:m: Doc. 1342 to l.'ov. 194? to >.c. 1943 Dec. 1943 Met -solos Total Credit sole3: instalment Charge ".-.•count Accounts receivable, at end of o n t o Totcl ' Inst olment Collection.** during r. 5nth Total Instclmurvt Inventories, end of Kor.th* at retail value - 8" + i: -11" -29 -?8 -1.5 -16 -24 *16 +35 * 3 *14 ' . + ,2 * R - 2 - 3 - 8 - 2 - F.3TAIL F d P N I T U H E S T O R E S - D e c e m b e r 1943 S a l e s anrt I n v e n t o r i e s Total Fo-iernl R e s e r v e Dis t r i c t Post or Hc-% Y o r k :-i 11".ad .•hi*1. vJ.velcnu r'.vh~:-?r£ •At VtlLc C M c;eo '.CM. inner p ='.is K 7-,C\S '. ? 7 T.- 11 ~ 3 - v Frrnclsco - If Percent?-e trosi: Doc. I94f: -12 -11 - h + 9 ' " •+ 3 0 - 6 + 5 ' +19 +1? . ' 5 - 5 I ! ;T -store-2 + 16 757 7 67 tj-.le; - 2 -if) i | Inventories, •end of-nonth +05 + 14 " •5£ + 53 ; 1942 N ov. 1942 Dec. 1942 Nov. 1343 -15 -It - 5 -11; -n - e - 1 + I +1% +11 + 1" + 2 -19 -30 -IP -SO - 7 - 8 - 8 - 7 __ - 1 0 +?? +r.4 + 44 • -21 -44 -11 -L'7 -2'0 -25 --5 -3.6. •? -17 * 3+ 31 + 19 j +u ! 5 1 * * j > 1 + 13 + 7 -11 -if; - 6 -14 - 9 -11 - 5 ••'3 " • "3 ' + fo + 31 -17 - 6 -16 + + : :-• -IS + 10 -24 - 8 -Oz • Ot 504. r'.o: / Percent ::-/e fro n: P«rc»nt:ige chnnsii "rem: 1945 T ^ . A-rcountr, .^ ;w Yr,rV . . : 1 J •ri'- • '.' ir -r.; ?.'i 1 At] • r.l-'. !| -.71 ; -> i ~7i rt. u.tj '' I"'' " 7- % :3 K,;/.' -?y 1/ jl-%". ^ ... = CC';. - 1 i + + r + L - 4 ! ; ' + - + : i ; + r 7' '• - •• •' + - - ;•' t - - •• ^ r ; -• •• ' from: ::: v. -1" -l': - 7 - • - -18 -17 -LI • - 2 -'1 - 8 - i + 7 -?G - - ! 1 1 - " ; -,v j | - | rs.: -".j - ir, ™ rev | .i - 5 " 0 • | *• r* :-:trcvnt:>.i.-e from: tec. i9--«: W i-v-O. i + C/ ' 1 : c. U;., tv..- . iuring z o n t h ; Vr. ; j. I::st.:ln-vnt -.'1 i ' ' f nt T *. .v; L w M , - t-nd Cvl! utt.i *•-.« A C T . unfcs recoi-ij -lR, . ^ Tf U. Tit' T.tal :r.3t:l-,L%t c r i: ntn^.j -OCnt-*=? c r.nrG frrrr: fr.:.:: i'ric. Lr-c. i *7cv. 13^ 13! ^s=E I94r Liat-l-t r'-.r-'rior Credit Doc. 0 *10 + 5.0 +52 +22 ••Pi + 11 + 3 +25 - 8 s^les Parcent-igo ch-\n°' fro.n: Sov. 134Z -11 -1-2 5 - 5 -lo - 8 ' At Cr.sh J-OC . 134% ' U. S. T(.t:l Nurir-vr net sr-lec - ! - 1 + *6 -:->7 - b -1r: - %•• -18 - 3 r'35
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