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BOARD OF GOXZRKORS OF THE'FEDERAL RESERVE SYSTEM
G.16

-November 4 , 1946
RETAIL: FURNITURE REPORT FOR SEPTEMBER 1946

R e t a i l f u r n i t u r e s t o r e s a l e s d e c l i n e d s l i g h t l y i n September, r e f l e c t i n g
c o n t r a s e a s o n a l d e c l i n e s i n c a s h and i n s t a l m e n t s a l e s , p a r t i & l l y o f f s e t by a l a r g e r
t h a n u s u a l r i s e i n c h a r g e - a c c o u n t s a l o s . Cash and i n s t a l m e n t s a l e s c o n t i n u e d cons i d e r a b l y abo-fre t h e y e a r - a g o l e v e l , w h i l e c h a r g e - a c c o u n t s a l e s were n e a r l y t w i c e
t h e volume of "September 1945. „
.
I n v e n t o r i e s , which have i n c r e a s e d s t e a d i l y s i n c e t h e b e g i n n i n g of t h e
y e a r , 1 r o s e fivfe p e r c e n t i n September, .At t h e e n d of t h e month•, s t o c k s on hemd
amounted t o a b o u t f o u r months 1 supply a t t h p c u r r e n t r a t e of s a l e , a p p r o x i m a t e l y
t h e same as f o r September l a s t y e a r .
••
I n s t a l m e n t a c c o u n t s r e c e i v a b l e remained a t t h e l e v e l of %the p r e c e d i n g
month, b u t showed a 27 p e r c e n t g a i n over a y e a r a g o . C o l l e c t i o n s ' on i n s t a l m e n t
a c c o u n t s d e c r e a s e d 4 p e r c e n t , r e s u l t i n g - i n & c o l l e c t i o n r a t i o of 25 p e r c e n t as
compared w i t h 26 per c e n t i n A u g u s t . I n s t a l m e n t a c c o u n t s were c o l l e c t e d -in .abq.ut
seven months, a p p r o x i m a t e l y one month l e s s t h a n i n t h e c o r r e s p o n d i n g month of
1945,
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 September 1946 '
P e r c e n t a g e chance f r o m :
Augus.t - 1 9 4 6 September 194b
to
to
September 1946 September 1946
Net s a l e s
Total
••
Cash s a l e s
Credit sclos:

Instalment
Charge a c c o u n t

- 2
•r 6
- 4
> 7

*

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

-

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

*

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

,

/. , :

+60
+65
+45
+93

0

+37
+27

- 2
- 4:

+49
+39

+ 5

+46

Note.—These 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 /




"

-

- 2 -

RETAIL FURNITURE STORES - SEPTEMBER 1946*
S a l e s and I n v e n t o r i e s
P e r c e n t a g e change
Inventories
.
Credit sales
Total net sales
Cash s a l e s
end of month J /
Aug. 1 46 s e p t . M B Aug J 46 S e p t , 1 4 5 Aug,*46 S e p t , * 4 5 A u g , ' 4 6 S e p t . * 45
to
to
to
to
to
to
to
to
Sept,'46 S e p t , * 4 6 S e p t J 4 6 S e p t 4 6 S e p t / 4 6 S e p t . * 46 Se p t ,'46 S e p t . ' 4 6

F e d e r a l Reserve
District

. U. S . T o t a l
Number of s t o r e s

+64
+76
+73
+65 '
+73
*68
•62
*64
+88 .
+82
+44
+48

+54
•36
+45
+74
+58
+59
+59
+72
+80
+79
+47
+73

+ 2
• 2
+ 8
+ 3
+ 9
+ 1
+11
+ 7
+ 4
+ 4
+ 5
+ 9

- +49
+57
+43
+44
+37
+41
+39
+68
+55
+61
+63
+37

•56
+47 '
•54
+72
+62
+61
+56
+61
+80
+79
+47
+66 .

+13
-15
- 3
-11
• 4
- 8
- 9
• 1
• 9
- 6
• 2
- 6

- 2

+60.

- 6

+65 .

- 2

+59

+ 5

+46

761

761

613

613

613

613

531

531

* *13
-13
.+ 2 •
- 1
0
- 7
.
- 2
+ 8
'+ 8
0
• 2
- 1

Boston .
Kew York
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
S t , Louis
Minneapolis
Kansas C i t y
Dallas
San F r a n c i s c o

•13
-14
• 2
+ 2
- 1
- 7
- 4•16
• 9
• 3
•:1
- 1

.

Accounts R e c e i v a b l e and C o l l e c t i o n s
P e r c e n t a g e chanj
Col l e c t i o n s d u r i n g month
Accounts r e c e i v a b l e , e n d of month
Total
Instalment
Total
J Instalment
Aug, 1 46 Sept.'45 Aug.*46 | S e p t . ' 4 5 Aug;*46 S G p t . ' 4 5 | A u g . * 4 6 S e p t . ' 4 5
to
to
to
to
to
to
' to
to
Sept.'46 S e p t .'4 6 S e p t . *46 S e p t . ' 4 6 Sept,'46 S e p t . ' 4 6 Sept.'46 S e p t . ' 4 6

F e d e r a l Reserve
District-

Boston
New York
Philadelphia
Cleveland
Richmond
Atlanta
-Chicago
S t , Louis
Minneapolis
Kansas C i t y
Delias ' '
Lan F r a n c i s c o

• 6
- 1
+ 2
+ 4
+ 1
+ 2
+ 6
+ 4
• 4
+ 8
+ 3
+12

+23
+30
+27
+39
+34
+36
+41
+30
+57
! +60
1 +29
. +57

.

•
+
+
+
+
+
+
+
+
+

2
2
1
2
1
1
1
0
7
6
2
2

U. S . T o t a l

+ 4

•57

-- - ~ 0

Number of s t o r e s

701

701

248

i


* September
1946 f i g u r e s a r e pre! i m i n a r y


+15
+26
+34
+25
+33 "•
+23
+42
+14
+39
+31
+29
. +45

+ 4
- 2
• 3
- 5
- 1
- 5
- 4
- 1
+ 2
— 3
+ 1
- 3

+52
+47
+37
+53 ,
+48
+45
+49
+42
+70
+63
+36
. +57

+ 5
- 6
- 1
+ 1
- 3
-8
- 4
- 2
• 3
- 3
0
• 3 ,

+42
+35
+45
+56
*48
+29
+46
+31
+65
+67
+42
+41

•27

- 2

" - 4"""

+39

248

701

248

248

and subi . c t t o r e v i s i o n .

•
;
:
:
\
;
• Z
L
|
f
!
.
I
*

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