Full text of G.16 Retail Furniture Report : June 7, 1949

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30* 3D OF GOVERNORS OF THE FiBLl-iAL ItooEETi, oYSTSK
C.16

_

June 7 , 19^9

RETAIL FORiJITCPZ rSPDBT F02 APHIL I9&9
F u r n i t u r e s t o r e s s l e s i n c r e a s e d sec-sonelly i n r A p r i l , b u t c o n t inued s u b s t a n t i a l l y below t h e y e a r - a g o l e v e l , The e x p a n s i o n from l a r c h
t o A p r i l wes a t t r i b u t a b l e t o an 8 p e r c e n t riSe" i n i n s to T r e n t s a l e s ' ,
p a r t i a l l y o f f s e t b y s l r i g h t c o n t r a s e a s o n a l d e c l i n e s i n cash vnd c h a r g e a c c o u n t t r a n s a c t i o n s . I n s t c l x e n t s c l e s j . e r e down I j p e r c e n t from t h e
y e a r - a r o volume; cash and c h a r g e - a c c o u n t s a l e s d e c l i n e d more m a r k e d l y
over t h e y e a r - p e r i o d , 26 p e r c e n t and 2 3 p e r c e n t , r e s p e c t i v e l y .
Instalment accounts r e c s i v a b l e increased 1 per cent i n A p r i l ,
b r i n i n g t h e s e b a l a n c e s a t t h e end of t h e month t o a l e v e l 15 per c e n t
above t h o s e o u t s t a n d i n g on t h e . c o r r e s p o n d i n g d a t e of 19*4-7 • C o l l e c t i o n s
on i n s t e l r . e n t a c c o u n t s , which c u s t o m a r i l y d e c r e a s e i n A p r i l , ./ere dovra
.3 p e r c e n t , and amounted t o 1 3 p e r c e n t of a c c o u n t s o u t s t a n d i n g on t h e
f i r s t of t h e m o n t h . i ; t t h i s r a t e of repayment, a c c o u n t s would be c o l l e c t e d i n a b o u t f o u r t e e n and o n e r h a l f m o n t h s .
I n v e n t o r i e s showed g s l i g h t d e c l i n e i n A p r i l , end c o n t i n u e d
be 1 ov.1 t h e amount on hand z yei r e a r l i e r . At t h e end of t h e month t h e y
eg, a i n amounted t o a p p r o x i m a t e l y f i v e months* s u p p l y a t t h e p r e v a i l i n g
r a t e of s a l e .

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 A p r i l 19^9

Ret s a l e s
Total
Cash s a l e s
Credit s a l e s :

Item

Instalment
Charge a c c o u n t

i

.

!

"

- l i a r . 19U9
to
A p r . 1919
>6
-1
*8
-2

ihange f r o m :
A p r . 1946
to
A p r . 19U9

-

-15
-26
-13
-23

Accounts r e c e i v a b l e , a t end of month
Total .
Instalment

0
+1

•10
+i
5

C o l l e c t i o n s d u r i n g month
Total
. Instalment

-3
-3

- 1
+ 1

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

-1

- 9

N o t e , — T h e s e f i g u r e s a r e p r e l i m i n a r y and s u b j e c t t o r e v i s i o n .




.
;

G.l6

-2HEIAIL FURNITURE STORES - APRIL 1949*
S a l e s end I n v e n t o r i e s
P e r c e n t a g e change

F e d e r s 1 Reserve
District

Boston
New York
Philadelphia
Cleveland
Bi chinond
Atlanta
Chicago
S t . Louis
i'inneapol i s
Kansas C i t y
Dallas
San F r a n c i s c o

Inventories .
Credit sales
end of m o n t h ! /
M a r . ' 4 9 Apr.* 4 8 &5ar.'49 A p r . ' 4 8 T a r . * 4 9 Apr .'48 Mar.*49 A p r . *48
to
t6
to
to
to
to
to
to
Apr . ' k 9 A)r.*U9 Apr.»U9 A p r . ' 4 9 Apr.*49 A.j>rJU9
Apr.'49 Apr.'49
Total net sales

+ 8
+ 6
*12
+ 8
+10
+12
+11
+12
+10
+ 1
+ 7
- 3

Cash

-.1U
+ 2
- 6
-19
-11*
,1 - 1 9
-16
-11
-17
-15
-11
-23

- 9
- 51
+20
+ 6
+ 2
+13
+ 1
+12

*h

- 1
0
-11

-19
-18
- 8
-22
-26
-26
-29
-21
-33
-27
-30
-35

+11
+12
+12
+ 8
+13
+13
+12
+11
+ 9
+ 1
+12
- 1

-14
+ 3
- 4
-20
-11
-17
-12
-12
-15
-12
- 6
-23

+
+
+
-

1
3
1
2
2
1
2
3
5
4
0
0

-11
" 5
-13
- 4
0
- 8
-11
- 2
-13
-12
- 5
-13

U.S. "Total

+ 6

-15

- 1

-26

t 8

-13

- 1

- 9

Number of s t o r e s

765

765

611

611

611

611

545

545

V At r e t a i l v a l u e
Accounts R e c e i v a b l e and C o l l e c t i o n s

Boston
New York
Philadelphia
Cleveland
Ricnnond
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

-- --P e r c e n t a l e chance Accounts r e c e i v a b l e , end of month
C o l l e c t i o n s d u r i n g month
Total
Instalment
Total
Instalment
• x r . ' U 9 Apr.* 4 8 i : a r . * 4 9
l i a r . ' 4 9 ! A p r . ' 4 8 Mar.*49 | A o r . ' 4 8
to
to
to
- -to—
to
to
A p r . ' 4 9 A o r . ' U 9 Apr.*49 Apr .*49
j r . ' 4 9 Apr.'49 Apr.'49 Apr.'49

!i

F e d e r a l Reserve
District

+ 5
+19
+11
+ 2
+13
+14
+ 8
+ 8

+ 2
+ 1
0
- 1
+ 1
+ 1
0

+ 8
+20
+ 7
+ 5

- 1
0
0
0
- 1
0
+ 1
+ 1
+ 2
+ 3
+ 2 '
- 1"

+ 5
•14
+ 5

0

+10

+ 1

+15

703

2

232

703

*7

» for
A p r FRASER
i l 1949 f i g u r e s a r e p r e l i m i n a r y
Digitized


+ 4

+
+
+
+

5
2
1
2

32

+

4

>12
+14
+11
+ 9
+28
+14

- 2
- 6
+ 7
0
+ 8
+ 1
+
1
- 3
- b : . 0
- 3
- 3
+ 2
+ 1
+ 3
- 1
0
- 3
- 2
- 4
+ 3
- 1
- 6 • -10

1
6
1
5
3
1
2
1
0
- 7
+ 3
- 7

- 3

- 1

- 3

703

703

232

and s u b j e c t t o r e v i s i o n .

+
+

*
+
+

7
3
5
1
0
-12
- 7
- 2
-10
+11
+ 7
+ 8
'

+ 1
232