Full text of G.16 Retail Furniture Report : June 30, 1945

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BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYS TEL;
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M e 30, 1945
R&S r f t - 37

•'RETAIL FUPJilT^.SBPORI FOR .MAY 1945 .

% .

.

<"•

. R e t a i l , f u r n i t u r e store* s a l e s i n c r e a s e d ' e i g h t ptei* c e n t i n May,
r e f l e c t i n g s e a s o n a l g a i n s i n b o t h caslj and i n s t a l m e n t s a l e s . Charge•account s a l e s showed a sm&ll c o n t r a s e a s o h a l d e c l i n e , and were a b o u t onet e n t h s m a l l e r t h a n t h o s e - o n t h e c o r r e s p o n d i n g d a t e - l a s t y e a r . Of t h e
t h r e e t y p e s of t r a n s a c t i o n , only c a s h , s a l e s were i n l a r g e r volun.e t h e n :
"in kay 1944
•
-»
'- •
'
- I n v e n t d r i e s c o n t i n u e d t o i n c r e a s e s l o w l y ; and a t t h e end of t h e
m o n t h were n i n e - p e r c e n t above t h o s e h e l d e y e a r e a r l i e r . On May 31 t h e y
' a m o u n t e d " t o n e a r l y f o u r months' supply a t t h e c u r r e n t r a t e cf s a l e , a s :
•compared w i t h a b o u t t h r e e and one ••half months' supply on t h a t d a t e l e s t
year.
"
'
.
• I n s t a l m e n t .accotints r e c e i v a b l e remained a t t h e l e v e l o f t h e
p r e v i o u s month, and wore i n c b o u t t h e • s a m e volume as a y e a r a g o . The
• r a t i o o f • c o l l e c t i o n s d u r i n g %ay t o i n s t a l m e n t a c c o u n t s . o u t s t a n d i n g . o n t h e
f i r s t cf t h e month was 23 p e r c e n t , t y o p o i n t s below t h a t f o r t h e c o r r e sponding p e r i o d of 1944.* T h e s e . a c c o u n t s a r e new - c o l l e c t e d " i n a p p r o x i m a t e l y
seven and o n e - h a l f months, a s compared w i t h a b o u t seven months . i n May 1944.
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 Lay 1945
P e r c e n t a g e change f r o m :
A p r i l 1945
Lay 1944
to
.
to"-'
;
May 1945
May 1945
. •••'
Ket s a l e s
Total
'
Cash s a l e s
Credit s a l e s :
*•

.

•
'

'
1

-

Instalment
Charge a c c o u n t

•"

Accounts - r e c e i v a b l e , a t end of month
Total
*
I n s t a l m e n t >•
•
>
• C o l l e c t i o n s d u r i n g month
" Total
, I n s t a l m e n t »•
.. *

;
;

; *
-

+ 8 :
* 8
*10
- 3

- 2
•8
- 4
-11

+ 1
» 0

V

0
0

;

|
;

• '

I n v e n t o r i e s , end cf month, a t r e t a i l v a l u e




"

• 3 .
• 3
+ 2 .

.0
'

-

1

• 9

•

•

RETAIL FURNITURE STORES - MAY 1945
S a l e s and I n v e n t o r i e s
Percentage 3 change
Inventories
,
T
o
t
a
l
n
e
t
s
a
l
e
s
Cash
Credit sales
F e d e r a l Reserve
end of month z i
District
A p r / 4 5 Kay ' 4 4 Apr .*45 May ' 4 4 A p r . ' 4 5 hay »44 Apr . ' 4 5 May ' 4 4
to
to
to
to
to
to
to
to
May *45 May *45 May *45 May *45 May ' 4 5 May *45 May ' 4 5 May ' 4 5
Boston
Kew 1 crk
Philadelphia
Cleveland
Richmond
Atlanta
Chicago .
S t . Louis
Minneapolis _ .
Kansas C i t y
Dallas
San F r a n c i s c o
U, S . T o t a l

,

Number of s t o r e s
T/At

•

+ 5
+ 8
• 5
+16
+15
+23
+11
+ 5
+ 2
+ 4
+ 2
+ 6

*16
+16
.+ 8
+ 5+ 3
• 4
+ 9
+ 5.
0
+ 5
+10
+ 7

-12
- 1
- 7
-10
- 3
+ 4
-4
- 2
+ 2
+ 4
+ 1
- 2

+18
+17
+13
+11
* 2
0
• 5
+ 8
• 4
;' + i i
+15
+ 6

- 3
+ 3
+ 8
+ 5
+12
+16
+ 4
+ 9
•19
+19
+17
+ 6

+16
+16
+ 8
+ 5
• 3
+ 3
+ 6
+ 7
- 2
+ 2
+ 8
+ 6

• 8

- 2

+ 8

+ 8

• 7

- 6'

+ 2

+ 9

871

871

701

701

701

701

590

590

-13
- 2
-11
-11
- 7
+ 2
-11
- 4
' - 3
- 1
- 4
- 8

.

- 2
0
- 2
. + 2
+ 2
+ 2
0
+ 2
! - 9
1 +5
+ 2
+ 7

..

r e t a i l value
Accounts R e c e i v a b l e ar.d C o l l e c t i o n s

Accounts r e c e i v a b l e , end of monthC o l l e c t i o n s id u r i n g month
F e d e r a l Reserve
Total
Instalment
Total
Instalment
District
A p r . ' 4 5 IHay ' 4 4 A p r . ' 4 5 May *44 Apr.* 45 May ' 4 4 Apr.*45 Lay ' 4 4
to
to
to
to
to
to
to
to
May ' 4 5 May ' 4 5 May ' 4 5 Kay 1 4 5 Lay *45 May ' 4 5 May ' 4 5 May ' 4 5
Boston
Kew York
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
St,.-Lcui s
Minneapolis
Kansas C i t y
Da1la s
San F r a n c i s c o

-

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

»
+
+
+
+
+
+
-

r
6"
2
1
6
7"
2
6
41*
6
4

•0
- 2
+• 1
+ 3
+ 1
• 1
+ 1
0
+ 2
+ 1
+ 3
- 3
. b-

U . S . Total

+ 1

. - 0 .

Number of s t o r e s

801

801




328

- 8
+ 1
+ 7
+ 3
+13
- 6
- 2
+ 5
- 7
+15
1

- -

+13
. 0
• 1
+ 6
+ 2
+ 4
+ 3
- 2
- 4
+ 1
+ 3
+ 4

-Te
- 3
- 3
. o
• 3
+11
- 2
+ 2
- 6
+ 4
- 1
- 1

+22
+ 3
0
+ 6
+ 1
+ 4
+ 4
• 1
+ 3
• +2
- 1
+. 7

9
5
1
1
0
+11
-13
- 3
* 5
-22
- 1
0

-

0

+ 3

0

• 3

- 1

328

801

801

328

' 328