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,
I
BOARD OF GOVERNORS OF THE FZDEwj RESERVE ?XSTBLL
G

-16

:
. . . RETAIL FURNITURE REPORT FOR K6RCH 1909

F u r n i t u r e s t o r e s a l e s showed a seasonal expansion i n Karch, b u t
•were. 13 p e r cent less^ than a: year e a r l i e r . • The i n c r e a s e over February
r e f l e c t e d moderate gains i n cash and charge-account t r a n s a c t i o n s , and a
r i s e of n e a r l y o n e - f o u r t h i n instalment s a l e s . Both cash and c r e d i t s a l e s
•rare smaller than a year ago, t h e declines var^ang from 21 per cent f o r
cash s a l e s t o 12 per c e n t and 13 per cent f o r i n s t a l m e n t and charge-account
sales, respectively.
Instalment accounts r e c e i v a b l e continued to d e c l i n e , but showed a
16 per cent gain over a year e a r l i e r . C o l l e c t i o n s on instalment accounts
vrere up one-tenth from the February l e v e l and, when r e l a t e d to accounts
outstanding on Larch 1 , r e s u l t e d in a c o l l e c t i o n r a t i o of lU per c e n t ; f o r
the preceding two months the r a t i o had been 12 per c e n t . At the p r e v a i l i n g
r a t e of c o l l e c t i o n , accounts would be outs Landing n e a r l y lit months.
I n v e n t o r i e s increased 3 per cent i n l a r c h , but T e r e 7 per cent
smaller than on the corresponding date of 19^3. At the end o f the month
the merchandise i n stock uas about equal t o f i v e ).;or.tl:s' supply a t the
c u r r e n t r a t e of s a l e .

F u r n i t u r e Store S t a t i s t i c s f o r I'arch 19^9

Item
Net s a l e s
Total
Cash s a l e s
Credit s a l e s :

Percentage
Feb. 19U9
" to
l i a r . 19U9
+17
• 7
•23
+10

Collections during month
Total
Instalment
.

•11*
•16

.• 7
+10

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

-13
-21
-12
-13

- 2
- 2

Instalment
Charge account

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

>3
• 6

t 3

- 7

Note.— These f i g u r e s a r e preliminary and s u b j e c t to r e v i s i o n




change from*
Mar. 1949
to
Mar. 19U9

RLTAIL FURITITTJRL STORES - i^RCH 1949*
Sales and Inventories

Federal Reserve
District

Boston
New York
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
S t . Louis
fvinneepolis
Kansas City
Dallas
San Francisco

Percentage chance
Credit s a l e s
Cash s a l e s

| Inventories .
(end of monthlZ
F e b . ' 4 9 1tor.*48 F e b . ' 4 9 Mar.'US F e b . ' 4 9 Iter.*48 F e b . ' 4 9 i-tar.'UB
to
to
to
to
to
to
to
to
;:ar.'U9 Kar.'U9 15ar.*49 i:ar.'U9 Mar.*49 Mar.'1+9 i/ar.'U9 Mar.'49
Total n e t s a l e s

*10
+24
*15
>16
+
15
+17
+17
+14
+20
+22
+21
+14

-11
- 6
-12
-11
-15
-20
-12
-15
-16
- 5
-12
-18

- 2
+ 7
- 2
+ 6
+13
+16
+11
- 4
+ 8
+ 8
- 1
+ 8

- 8
-17
-13
-15
-23
-28
-l6
-19_
-25
-21
-27
-27

+12
+21
-17
+18
+li.
+15 ~
+19
+11
+23
+26
+20
+15

-11
-11
-11
-12
-14
-19
- 8
-12
-15
0
-11
-17

+ 0

;

-4
+
5
+ 7
+ 5
+ 3
+ 3
+ 2
+ 3
+ 4
+ 1

-11
- 2
,11
- 7
+ 1
-11
-10
0
-20
- 8
- 2
- 9

U.S. Total

+17

-13

+ 7

-21

+17

-13

+ 3

- 7

Number of s t o r e s

723

i^ 723

560

560

560

560

483

488

Accounts Receivable and Collections

Federal Reserve
District .

Boston
New York
Philadelphia
Cleveland
Richmond
Atla-ita
Chicago
S t . Louis
Minneapolis
Kansas City
Dallas
San Francisco
U. ci. Total
Number of s t o r e s

Percenta, e change
Accounts r e c e i v a b l e , end of month
Collections during month
Instalment
Total
Instalment
Total
F e b . ' 4 9 l i a r . ' 4 8 F e b . ' 4 9 Mar.'48 Feb.*49 Mar.'48 F e b . ' 4 9 kar.'4<
to
to
to
to
to
to
to
to
:
c
: a r . ' 4 9 : a r . ' 4 9 var.'49 J a r . ' 4 9 Kar.'49 :ar.'49 a r . ' 4 9 I ar.'4
+ 3
+19
•13
+ S
+18
+17
+11
+L1
+ 9
! +10
1 +19
+ 8

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

- 2

+14

643

643

' +
-

3
1
2
2
2
3
2
2
1
1
1
4

+ 1
+ 7
+12
+10
. + 8
+ 3
+ 5
+ 2
- 6
,+ 4
>5
- 4

V
+14
+11
+15
+ 2
+ 7
+ 7
+ 5
+ 6
+19
+ 3
+ 9

1/
* 8
+ 6
+13
0
0
+
7
• 5
- 7
+20
+ 6
+ 9

+7

+

+10

+ 6

643

643

v .
+20
+7
+14
+ 7
+11
+18
+15
+ 9
+33
+17
+19

+ 8
+12
+ 8
+ 7
+4
+4
+ 3+11
+ 6
+12
+ 3
+4

- 2

+16

215

215

3

215 - ' 215

Digitized * / I arch 19l*9 ftog u r e s arei s c l o s u r e of operations cof to r e v i s i o n . e s t a b l i s h m e n t s .
for FRASER i avoid d preliminary and s u b j e t individual
l
withheld