Full text of G.16 Retail Furniture Report : June 8, 1950

The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.

BOARD OF GOVERNORS OF IKE FEDERAL RESERVE SYSTEM
G.16

June 8, 19$0
RETAIL FURHXTURE REPORT. FOR APRIL 1950

Total furniture store sales showed a small contra-seasonal decline
in April but were 2 per cent above those in the corresponding month of 19U9.
Both cash and credit sales were down slightly during the mtinth with the
largest decrease, 6 per cent, occurring in the cash segment. Although instalment and charge-account sales were slightly below those in Larch, they continued in larger volume than a year earlier.
"
Instalment accounts receivable -at the end of April showed little
change from those of a month earlier but were 29 per cent above the amount
outstanding on April 30 last year. Collections on instalment accounts were
8 per cent below those in March and the ratio of these collections to accounts receivable on April 1 was lii per cent, 2 points below the April 19L9
ratio.
Retail value of inventories rose 3 per cent in April but at the
end of the month was about the same as on the corresponding date of 19lt9The stock on hand on April 30 represented less than 5 months supply at the
current rate of sale.

Furniture Store Statistics for April 1950
Percentage chanp-e from:
Apr. 1?U9
Mar. 1950
to
to
Apr. 1950
Apr. 1950

Item

l!et sales
Total
Cash sales
Credit sales:

-

-

Instalment
Charge account

Accounts receivable, at end of month
Total
Instalment
Collections during month
Total
Instalment

,

Inventories, end of month, at retail value

3
6
2
3

2
7
6
1

+ 1
+ 1

;29

- 6
-8

+ 1
+ 2

+ 3

0

ITCTi.—These figures are preliminary and subject to revision.




+
+
+

+27

G.16

- 2 RETAIL FURNITURE STORES - APRIL 1950*

#

Sales and Inventories
Percentage change

•

Invent;ories ,
end of month-'
Apr. 1 h9
Mar.'50
Mar.'50 Apr. '2*9 Mar.'50 Apr.'h9 liar.'50 Apr.'U9
to
to
to
to
to
to
to
to
Apr.'50
Apr.*50 Apr.'50 Apr.*50 Apr.'50 Apr.'50 Apr.'50 Apr.'50
Total net sales

Federal
Reserve
District

Boston
I lev; York
Philadelphia
Cleveland
lj.chir.ond
Atlanta
Chicago
St. Louis
Minneapolis
Kansas City
Dallas
San Francisco
U. S. Total

V

• 7
- L
- 2
0
+ 5
+ 2
+ 2
- 7
+ u
- u
- 5
- 6

0
5
1
3
3
2
1
7
2
1
h
6

-13

+
+
+
+
+
+
+
+
+

8
6
6
8
3
0
+12
- 6
- 9
- 9
-10

- 3

+ 2

- 6

709

i:umber of stores

Cash sales

709

—
+

51i7

Credit sales

+
+
+
+
-

- U
+ 2
0
+ 6
+ 6
- 1
+ k
- 1
+ 3
+ 5
+ 3
+ 9

- 3
* 1

•I
-10
-12
- 9
- 8
- li
- 5
-15
- 8
- 5

0
3
0
7
h
2
7
5
3
3
^

- 7

- 1

+ h

+ 3

0

190

190

*28

517

- 6
-

517

9x1

- 8
0
+ 2
-12
+ 8
- It
+ 5
+ 8
+ 6
+ 2
+ 1
- 3

+ 3
0
2
3
2
3
h
h
h
h

+
+
+
+
+
+
+
+

At retail value.
Accounts Receivable and Collections
Federal
Reserve
District

Percentage change
Collections during month
Accounts receivable,end of month
Inst;ilment
Total
Inst;ilment
Apr.'h9
Liar.'50 Apr.'h9 ;.:ar.»5o Apr.'U9 Mar.'50 Apr. '1*9 Mar.'50
to
to
to
to
to
to
to
Apr.*50
Apr.'50
Apr.'50
Anr.'50
Apr.'50
Apr.'50
Apr.'50

Boston
ev; York
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
St. Louis
Minneapolis
Kansas City
Lallas
San Francisco
U. S. Total
'lumber of stores

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

*3h
+25
+16
*2h
+30
+23
+36
+29
+27
+22
+33
+26

+ 1

+27

635

635


".'.pril 1950 figures are preliminary


- 1
+ 1
0
+ 2
+ u
+ 1
+ 1
+ 2
+ 2
+ 1
0
+ 3

+12
+28
+17
+37
+28
+21
+h6
+31
+28
+ii0
+32
+66

- 1
- 9
- 6
- 3 '
- U
- 8
- 6
- 3
- 1
- 2
- - u
- 9

0
-12
- 6
- 5
+ 2
- 6
- 5
- 3
- 5
-10

+ 7

- 8

+ 2

219

2h9

+ 1

+29

- 6

+ 1

2k9

2h9

635

635

and subject to revision.

- 8
+ 2

2
5
1
1
k
1
h
9
6
0
+ 8
+ 1

+
+
+
+
+
+

.

+ 7
+ 7
" 2
j?
+ 6

0

+11