View original document

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

132
'

.

r ; •;'
.

-

- , •

—BQaRD. OF GOVERNORS OF THE FEDERAL REStAVc SYSTEM
"

G»l6

" March 8, 19U8 •

RETAIL FURNITURE REPORT FOR" JANUARY 19t& ' v
i

-

Furrii-ture .store sales dealing* more: .than is customary in January,
but were 9 per cent above the year^ago'l-evelT "instalment sales", whtch amounted to about three-fifths of totdHT saljes, were down somewhat more than
is ordinarily expected from December to-Jaijuaryr while: cash and charge? .
account sales showed about the usual sharp; decline. Both instalment- arid
charge-account sales were substantially- greater than in the corresponding ,\.
month of 191*7, but cash sales continued below the volume of last year#" "
:
• j
•
t. • •
-Inventories showed little changejfraa.those held;at the 19^7,yearend, and were 8 per cent larger than on -th* same date of the preceding year.
On January;31 they amounted to nearly five months',supply at the current
rate of sale.
'
, .
Instalment accounts receivable declined 5 per ..cent in Jamiaipr, but,
at the end of the month they were 5 * per cpnt above the year-ago level.
1
• Collections on instalment accounts were sotoewhat smaller than in-December,,
and the collection ratio declined two points to 18; per cent. The average*
repayment period for instalment accounts outstanding in January was approximately ten months, more than two months longer than in January 191*7.
:

Furniture Store Statistics for. January 191*3

'

;

r .
.
-1*6 *
-1*6
-51
-31

-

• ,

-

Inventories, end of month, at retail value

•

» 1

Cpllections during month
\
Total
instalment

i i

Accounts receivable, at end of month •
;
Total
|
instalment
• -

VXH

'
Net sales."
.
.
i Total
. '
.
.
Cash ! sailed
i
Credit sales: Instalment
Charge account

"Percentage c hance fromr- " December 191*7 January 191*7
to
"V '
to
January 191*8
January 191*8

-1

llote.—These figures are preliminary:: &od isubject ;'to revision, ,




,

'• 9
- 8
•23
+13

&

€

+ 8

RETAIL FURNITURE STORES - JANUARY 1918*
Sales and Inventories' .

Federal Reserve
District

Boston i <•
:
New .York
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
St. Louis
Minneapolis
Kansas CityDallas
San Francisco

Percentalze change
Inventories,
Total net sales ; Cash sales
Credit sales
end of month:'
Dec.'17 Jan. ' * Dec.»1*7 Jan.'1*7 Dec.»l*7 Jan. ' * Dec.'1*7 Jan. ' *
17
17
17
to
to
- to
to
to
to
to
to
Jan. ' * Jan^'ltS Janv*Jb8 Jan. ' * Jan.'1*8 Jan.'1*8 Jan. >1*8 Jan. ' *
18
18
18
-39
-63
+ 5
• 2
-1*9
0
*k3
+ 1
-U9
-h9
• - 3
-U2
•11
• 6
:-l*6
-1*0
• 1
• 2
-38
-U2 : +13
+28
-31

-59
*59
• -50
,
-59
-50
-53
-36
-53
-lil
-39
-36
-36

-27
-35
-68
-5
-21*
-U9
-25
-U1
-23 , -1*8
-1*9
-33
- 6
-33
-25
-Ul
*
+ 1
-38
-12
-37
+ 1
-U5
+15
-31

U. S. Total

—1*6

+ 9

-1*6

- 8 •

Number of stores

657

657

52U

52h--j 521* ,

—1*6

• 5
+H*
•12
+ 5
•10
• 1
*
•23
•10
• 1
• 8
•16
+36

• 2
• 9
• 1
*
+ h
+ 5
+ 3
• 6
• 1 *
- 1 *
+ 3
+ 3
-21

• 9
•13
•12
•26
+15
- 5
+18
•16
•11*
• 8
• 5
- 6

•16

- 1

• 8

521*

113
**

113
**

1/ At retail value.
^Accounts Receivable and Collections.

Federal Reserve
District

Percentage change
Accounts receivable,end of mcntt
Collections during month
Total,
alment
Total
Inst;
Instialment
17
Dec. ' * Jan. > * Dec. ' * Jan.'1*7 Dec.'1*7 Jan. ' * Dec. ' * Jan. ' *
17
17
17
17
17
to
to
to
to
to
to
to
to
Jan. * * Jan.'1*8 Jan.'1*8 Jan.'1*8 Jan. ' * Jan.'1*8 Jan. ' * Jan. ' *
18
18
18
18

Boston|
New York
Philadelphia •
:
Cleveland
Richmond
Atlanta
Chicago
St. Louis
Minneapolis
Kansas City '
Dallas
San Francisco

i - 2
• - 6
- 1
*
*
- 1
'
0
- 1
*
- 5
•22
" - 1
*
-10
- 3
• 7

U. S% Total

"- 1

+53

-'5 ' '"+5lT

- 2

•16

— 8

+19

600

600

191

600

600

191

191

Number of stores

+33
+53
+U3
•1*8
416
-x
+39
+1*6
+76
•2U
•bl
+53
•81*

- 3
- 5
- 3
- 6
-13
- 1
*
- 3
- 5
- 5
- 3
- 3
•: - « 1
*


* January 191*8 figures are preliminary


•30
•66
+51
•21*
+5U
+35
+1*7
+51
+21*
+57
+36
•1*8

191

: -15 : +10
- 8
•22
- 8
+17
•12
- 3'
•21
- 1
•10
- 9
0
+21*
• +16
-16
+ 5
- 5
• 1
•21
- 1
• 3
+15
•12

and subject to reva sion.

-16
-12
- 1
*
-13
- 3
- 7
+ 3
-17
- 6
+ 1
*
+ 1
*
0

+19
•26
•18
+19
+35
+ 5
•28
•11
+ h
+23
• 9
+ 9