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BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
G.l6

June U, 1959
RETAIL FURNITURE 1Z.°0RT FOR APRIL 1959

Instalment and charge accounts r e c e i v a b l e a t f u r n i t u r e s t o r e s
a t t h e end of A p r i l were unchanged from t h e previous month. C o l l e c t i o n s
on instalment accounts were 13 per cent of t h e amount outstanding a t the
' beginning of the month.
Total n e t s a l e s a t r e p o r t i n g s t o r e s i n c r e a s e d 9 ner c e n t
t h e orevious month, r e f l e c t i n g r i s e s i n cash and c r e d i t s a l e s . In
f i r s t h months of 1959 r e p o r t i n g s t o r e s i n the various s e c t i o n s of
country r e g i s t e r e d s a l e s gains averaging 10 p e r cent over t h e l i k e
r i o d a year ago.

from
the
the
pe--

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 April 1959

Item
Net s a l e s during month
Total
Cash
Instalment
Charge account
Accounts receivable* a t end of month
Total
Instalment
Charge account

C o l l e c t i o n r a t i o s on instalment accounts 1 /

Percentage change from;
|
. Jan -Apr. 1953
Month ( Year 1
to
ago | ago [ Jan.-Apr. 1959
+

9

+

5

+

2

+10

+13
+10

+13

+13
J

I

+10

+13

!

0
00

1

+

6

+

3

+15

+10
+10

I
'
.

XXX
XXX
XXX

Apr.

, Mar.

Ao r .

1959

j 1959

1958

13

12

12

1 / C o l l e c t i o n s during month as oercentage. of accounts outstanding a t
beginning of month.




G.l6

'

- 2 RETAIL FTJRNITTTRE STORES - APRIL 1959
Sales by Type of Transaction
(Percentage changes)

Federal
Reserve
District

Total n e t s a l e s
Tear
Month
ago
ago
+16
0
+17
+27
+19
+16
+ 8
+ 9
+ 2
- h
+ 5
- 2

+10
+ 5
+18
+11
+11*
+11
+16
+13
+ 7
+ 6
+17
+20

+19
- 2
+13
+31
+lli
+12
+ 3
+ 9
+ 5
+ U
- 9
-12

+31
+16
+11
- 3
+11
+10
- 2
- 3
+ 6
+15
+15
j +13

+ 1

. Total
+ 9

+13

+ i

i +10

+13

Boston
New York
Philadelphia
Cleveland
Richmond
Atlanta
Cnicago
S t . Louis
Minneapolis
Kansas City
Dallas
San Francisco
U

.

S

Instalment
sales
Month Tear
ago
ago

Cash s a l e s
Tear
Month
ago
ago

+13
+ 1
+20
+33
+2U
+15
+ 9
+12
+ 3
+ 2
+ 7

+10
+ 2
+18
+U*
+11
+10
+20
+21
+ 8
- 5
+18
+20

1
1 +13

,i Charge-account
sales
it
Month i Tear
ago
ago
+13
+ 1
+13
n.a.
+ 7
+3U
+ 6
- 5
- 3
-13

|

+h

-3
+ 2

!

Cumulative Sales by Tyoe of Transaction, and
Instalment Accounts Receivable
(Percentage chan-es)
Federal
Reserve
District
Boston
New York
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
S t . Louis
Minneapolis
Kansas City
Dallas
San Francisco
U. S. Total

Cumulative s a l e s . Jan. -Apr.
change from 1959 t o 1959
ChargeInstalTotal
Cash
account
+19
1+ 3
+Ut
+10
+12
+12
+ 8
+ 9
+ U
+ 3
+ 6
Ii +12

+2U
+25
+11
+ 2
+23
+11
- 9
- 6
+ 5
+11
+ 9
+11

+lli
+ k
+15
+13
+ 3
+11
+12
+11
+ h
+ 2
+ li
+15

| +10

+10

+10

+21
- h
+15
n.a.
+18
+19
+17
+1U
+ 6
+15
+11
+ 7
|

Instalment
receivables
end of month
Month Tear
1
ago
ago
+ 2
- 1
+ 1
0
- 1
0
+ 1
+ 1
0
- 3
- 1
0




8
6
7
3
0
+ 3
+ 2
+13
- h
+ U
+ 3
- h

+10

+ 3
•

n . a . - Not a v a i l a b l e .

+
+
+
+

i

i

:

+ 1
+2U
+2h
n.a.
+23
+U2
+28
+ 2
+ 5
+17
+16
+23
+18