Full text of G.16 Retail Furniture Report : March 6, 1945
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BOARD "F ""'VEPk^'S f:F TH13 FEDERAL RES/T-VE. SYSTEM March 6, .1945 R&3 rft - 33 " - . ESTAII. FURNITURE REPORT FOR JANUARY 194b Retail furniture store sales declined by about thd usual- seasonal amount in January, reflecting the customarily large decreases in cash and instalment sales, but yrere ob ut one-fifth above the velum-3 of last year. Charre-aAcount sties declined 28 p?r cent from the previous mvnth, but were one-fourth larger than a year age. ' Cash -n.d • instalment ;>ales also showed substantial fjains: over the year-period. level, At the supply supply Inventories increased slightly from the comparatively, low -Decemberhut were Fix per .cent below those held- by retailers a .year • earlier. end of tho nr.nth they amounted to ab:-ut four and one-half m. nths* at the current rate f sale, as compared with nearly six ir..>nth3f / ~n January 31, 1944. - Instalment, accounts receivable showed ?bcut the usual sees ,rel decli no during January, and continued two per cent smaller than on the corresponding date last ysnr. The ratty $-of'collecti.;ns during Janua-y to instalment accounts outstanding ot the first of.the rr nth was 21 per cent, one point above that for January 194i. The average collection period for these accounts is now ol:,iost nine nr.nths, approximately the.-same length of time as in January last year. Furniture Store Statistics for Jnni'ary 1945 Percentage change from: December 1944 January 1944 to to January 1945 January 1945 Met sales Total Cash sales Credit selec: -41 -46 Instalment Cliargo account Accounts roceivrblo, at end ->f nrnth Total Instalment Collections during n,onth Total Instalment Inventories, end f month, 3t retail value ' *?'0 -20 +15 +L5 - 8 - a o - 2 0 - fi _ + 7 + 3 >3 - 6 .. RETAIL FURNITURE STORES - JANUARY 1945 Sales and Inventories Percentalge change Federal Reserve District Inventories Credit sales end o f monthl/ J<. n. *44 Dec.'44 Jan.'44 Dec.'44 Jan.'44 Dec.'44 Jan.'4-1 Dec.'44 to to to to to to tv to Jan.'45 Jan.'45 Jan.*45 Jan.'45 Jan.*45 Jan.'45 Jan.*45 Jan.'45 Total net sales Cas': Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis. Kansas City. Dallas Sen Francisco -40 -55 -53 -47 -44 -37 -16 -29 -35 -32 -34 -?f3 + 1 +19 • 6 - 1 •18 +25 •14 •44 • 20 •25 •30 • 27 -56 -52 -63 -59 -43 -41 -50 -40 -49 -34 -38 -59 • 1 •10 • 2 • 5 •28 •32 •14 . +43 +12 + 36 +47 ! +25 -34 -56 -49 -44 -47 -36 -32 -30 -27 -31 -37 -27 U. S. Total -41 • 20 -46 + 21 795 703 640 - 640 Number of stores 1/ + 21 + 20 •25 +27 0 + 6 0 + 5 + 6 + 8 • P. + 5 0 - 2 + 9 - 2 -41 +17 + 3 - 6 640 ' 640 530 530 ; • 1 +23 + 6 - 2 +12 +24 + 3 + 2.7 : -11 - 2 - 8 -11 - 2 -13 0 0 + 2 - 4 - 6 - 7 ' At retail value. Accounts Recoivabls and Collections Federal Reserve District Boston New York Philadelphia jGlevclnnd Riclimonci Atlanta Chicago St. Louis Minneapolis Kansas City Dallas San Francisco U. S. Total Number of stores Pcrccgt &£•/•• c\cnqe Acc-".mrc3" receivaole. end Ttor/v.-j Coileoti:ns au^ln.c: month Instalr.ent • Totai Total ] I net'n } ry>r+,| Dcc. *44 Jan.*44 Dec. '44 J'n.' "ft Dec. *44 Jan.':4 Dec.'44 Jan.*44« tc to tr to to to tJ.an. '45 Jar.*45 Jan. *45 Jan.'45 Jo.n. *45 Jan.*45 Jon.*45 Jan.*4o: - 6 9 7 3 0 - 8 - 8 " 6 ^ - o -10 - 6 -10 -11 -10 - 1 0 + 3 + 8 + 4. + 14 - 1 0 + 7 0 - 5 - 9 - 7 - 8 - 6 - 9 -10 - 8 - 9 - 6 - 4 - 7 -12 -13 0 C + 1 + 11 - 6 • 5 + + 1 -10 - 3 0 0 - 7 - 3 2 -11 +21 + 5 + 11 + 1 + 18 + 1 + 3 - 2 - 2 + 5 - +14 + 5 +13 - 3 +14 + 6 +16 - 4 - 9 -11 -19 - 6 - 3 - 1 . - 2 -10 -12 + 3 • 4 -13 - !: + 2 - 7 + 7 +16 - 8 + 7 + 7 -13 + 5 + 7 - 8 0 - 8 - 2 0 • '7 — + 3 733 733 295 295 733 „ 733 295 295 '
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