Full text of G.16 Retail Furniture Report : June 1, 1945

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*

BOARD OF GOVERNORS OP THE FEDERAL RESERVE SYSTEM
vunn 1 , 1915
R&S r f t - 36
RETAIL FURNITURE REPORT FOR APRIL 1945
R e t a i l f u r n i t u r e s t o r e s a l e s showed a contrasep.sonnl d e c l i n e i n
A p r i l , , r e f l e c t i n g de-creeses in- Fill t y p e s of t r a n s a c t i o n s , b u t were s i x p e r
c e n t ."bove t h e y e a r - a g o l e v e l , Cash so.lbs were 18 per cetit l a r g e r t h a n a.
year e a r l i e r , b u t t h e i n c r e a s e i n c r e d i t s a l e s over t h e y e n r * p e r i o d was
l e s s n r r k f d . I n s I n e r t s a l e s were i n about t h e sane voluhe as i n ' p r i l
1944, w h i l e c h a r g e - a c c o u n t c a l e s , which comprise l e s s . t h h h - o n e - f l f t b of
tote. 1 s a l e s , r o s e n i n e p.-,.r c e n t .
I n v e n t o r i e s , -vhiah have i n c r e a s e d s t e a d i l y s i n c e the b e g i n n i n g
of t h e - y e a r , wore b u i l t up f u r t h e r d u r i n g t h e r.orith, and were f o u r per
c e n t above those of A p r i l 1944., At the end o f ' " t h e n o n t t i , 'they "-tfun-ted
t o about f->ur months ' s u p p l y a t t h e c u r r e n t r a t e of s a l e , a p p r o x i m a t e l y
t h e sane as ?. y e a r e a r l i e r ,
I n s t - l n o n t accounts n u t s t T ^ i n g declined s l i g h t l y f r o n the l e v e l
of the p r e v i o u s n o n t h , b u t c o n t i n u e d above t h o s e r f n y e a r a g o . The A p r i l
c o l l e c t i o n r r t i - > or. i n s t - l n e n t a c c o u n t s war 22 p»r c e n t , /me p o i n t b e l j w
t h a t f o r t h e c o r r e s p o n d i n g n i n t h of 1944* The a v e r a g e c o l l e c t i o n y r i o d .
f o r t h e s e a c c o u n t s i s n^v: e i g h t n o n t h s , a b i u t t h e sane 1-in'gth ~f ti-<e as
in April l o s t y e a r .
F u r n i t u r e S t i r e S t a t i s t i c s f ^ r ' ^ p r i l 1345
1

Net s a l e s
Total .
' Cash s a l e s
Credit sales:

Percentage^?? hange f r o r i :
March 1945 SJ . A p r i l 1944
\
to
A p r i l 19.45 1 ^ t i . r i l 1945
-

Instalnent
Charge a c c cunt

Accounts r e c e i v a b l e , f t end - f n i n t h
Total
Instalnent
Collections during :
n->nth
Total
Insfcrlnent

I
1
!...

+6
+18 -

+ 1

'
I

+9

1
1

+1
+1

-

- 1
- 1
"

I
I

-

|

I n v e n t o r i e s , end - f n ^ n t h , a t r e t a i l v a l u e




6
6 '•
8
5

|

1
- 5
- 7
+ 3

+ 6
+4

4

1>
1

RETAIL FURNITURE STORES, r APRIL 1945
S ? 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
IInventories.
sales ' | Credit s«les
! end of n i n t h 1/
F e d e r a l Reserve
!Mar, ' 4 5 (Apr. *44 ' i f a r . ' 4 5 (Apr. *44 '?1ar. *45 (Apr '44 ' I l ^ r . ' 4 5 'Apr. *44
District
I
to I
to
I
to '
to
'
t.o I
' A p r , ' 4 5 A p r . ' 4 5 A p r . ' 4 5 A n r . "'45 'Apr^ ' 4 5 'Apr,. ' 4 5 ' Apr,, ' 4 5 | A p r , ' 4 5
Total; n e t s a l e s

Boston
New York
Philadelphia
Cleveland
RichrrnJ
Atlanta
Chicago
"
S t . Louis
Minneapolis
Kansas C i t y
Dallas
Son Frc.ncisco
U.'S'i T o t a l

'

-11
-18
1
- 6
!
+ 7
1
-10
' - 4
1
+ 2
1
0

1

1
!
1
!
1
1
!
I
1

1 + 2-1
1 +
\ -11
1 -11
-•

Number of s t o r e s
1 / A t

'
'
!
!

Cash

869
1
r e t a i l v«.lue.

-11
-19
- 7
+ 3
-io
- 3
- 3
+ 2
+ 2
+ 1
-10
- 8

!

+i8

- 6 . 1

1
• 1

700

-12
-16
0
+ 7
-10
- 4
+ 4
- 4^
+ 3
+ 1
-11
-10.

89
6

-6

! i

- 6

!

1
I
!
1
1
I

+ 1- 1
+12 1 '
+23 '
+21 '
+25 1
+31 1
+16 1
+18 1
+13 '
+20 I
+22 1'
+15 J

-4
0
+ 4
+10 '
+10
+14
+ 6
+10
+12
+16„
+ 3
+3
'+ 6

700

.

i
j
|

f

'

!

''
'

1
!

.

I
'
I

700

- 5 1. . +
- 4' J +
+
• * 1
!
+11 1
+ 6 ' +
+14 I >
- 1 1 +
+5
' +io. !
+15 i +
- 2 I +
0
1 +

+ 3
j

7
3

'
- 2
' . + 5
• + 8
+ D
+12
I + 3
1
+ 5
!
+ 4
+10
!
+ 2
|
* - 1
+ 2
!

1
1
2
3
2
2
5
5

700

+ 3

1

+ 4

I 578
1

!

I

578

_Ac c o u n t s R e c e i v a b l e r.rir- C -11 a c t i o n s
Percentage ,
[Accounts r e c e i v a b l e , e c 1 1 i f m n t h '
C o l l e c t ! o n s Murine n - n t h
F e d e r a l Reserve !
Totr.1
Instalment
I
T i t r .1
' Inst?In:nt
District :
'Mir.'451A W . '44 Ifcr,'45-JApr; *44! i t e r . '454; p r . ^ 4 4 t : a r . '45 I x -pr. '44
'
tc
I
i
to
!
to
to
to
!
to .
to
! to
• A n r , ' 4 5 !A p r . ' 4 5 Anr.*45 'Anr. *45' Apr, ' 4 5 •• p r , *45 Apr. ' 4 5 !J\ p r , * 4 5
[
!
!1
!
t"r
T
1
Boston
' - 2 1 ~- 6
0 '
- i
' - 2 '
-10 '
- 6
1
Nev: York
- 4 1
- 6
- 4 '
- 8
- .8 ! * + 5 1 -12
!
- 1
!
+ 3
Philadelphia
- 1 '
+ 5 ' - 4 1
+ 6 ' - 3 '
0 '
+ 8
:
+ 3 1
Cleveland
+ 4
+ 2 f
+12. 1 + 2 !
+ e 1 - - 3 !
+ 4
' + 2 1
Riohnon:1.
+ 3
+ 1 1
+ 4 ' - 4 '
+10 : : - 4 1 +11
Atlanta
*
0 ' ' + 3
+ 1 '
+15 ! - 4 1 +12 " - 4 1 +13
' + 2 1 ' " 0
Chic?g;.i
0 '
- 2 ' — 2 ! + 2 ' -4
'
-10
! . 1 !
S t . Louis
+ 7
- 2 1
0 1 +16 ,' - 4
0
J' ' + 4
i!
Minneapolis
+ 4
+ 2 - !
1 + 1
'
+5
+ 6
- i
!
- 3 I
+10
0
Kansas C i t y •
+ 6
+ 1
+ 7
- 9 ! - 2 . 1
-21
!
-18
Drill i s
+ 4
+15 1 - 5 1
0
0 I
+ 1
0
" 1 1
San F r n n c i s c o
+ 8 j -12
) - 4 I
- 2
+ 2
- 2
?
-13 I •
0
I
1
U. S , T o t ^ l
+ 1
1
+ 6 ! - 1
- 5 !
- !
'+ 4

'

! -

Number of s t - r e s f

805

+l

!

1

805

!
 1


333
1

333

|

1

805.

!

805

I

333

!
1

333