Full text of G.16 Retail Furniture Report : October 3, 1946

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BOARD 01- GOVERNORS OF THE FEDEitAL RESERVE SYS TEL.
G,16

...
,

RETAIL FUHEITURE IMPORT TGfci: AUGUST 1946.

October 3 , 1946

.

*
R e t a i l f u r n i t u r e s t c r d s a l e s i n c r e a s e d 10 p e r c e n t from J u l y t o . A u g u s t ,
r e f l e c t i n g s i m i l a r g a i n s i n b c t h c a s h and' c r e d i t t r a n s a c t i o n s . I n s t a l m e n t s a l e s
exceeded t h e volume of a y e a r a g e by n e a r l y t h r e e - f i f t h s , w h i l e cash and c h a r g e a c c c u n t s a l e s showed mere marked i n c r e a s e s .
Inventories^were
above t h e y e a r - a g e l e v e l - .
m e - h a If months' s u p p l y a t
m e - h a I f months' • s u p p l y on

b u i l t up f u r t h e r , and cn August 3T were 41 p e r c e n t
At t h e end'^of August t h e y amounted t o a b o u t t h r e e and
t h e c u r r e n t ^ r a t e o f . s a l e , compared v;lth' a b o u t f o u r and
t h e c o r r e s p o n d i n g d a t e of 1945.,

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 r r s e s l i g h t l y i n A u g u s t , a n d a t t h e end
cf t h e month were 29 p e r cer.t l a r g e r t h a n , a y e a r e a r l i e r .
C o l l e c t i o n s en i n s t a l ment a c c o u n t s c o n t i n u e d t o i n c r e a s e , a n d t h e r a t i o of c o l l e c t i o n s d u r i n g t h e month
t o a c c o u n t s o u t s t a n d i n g on t h e f i r s t of t h y month was 27 per c e n t . The repayment
p e r i o d f o r t h e s e a c c o u n t s was a p p r o x i m a t e l y s i x and r n o - h a l f months, a b o u t one
'
month s h o r t e r t h a n i r . August l a s t y e a r . •
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 August 1946

I
I

P e r c e n t a g e change f r o m :
August 1945
J u l y 1946
to
to
August 1946

Net s a l e s .
•Total
Cash sc l e s
• Credit s a l e s :

'
•

•
Instalment
Charge a c c o u n t

Accounts r e c e i v a b l e , a t er.d cf month
Tctal
Instalment

•

.

.*

;
-

'

+10
+10
+11'
+10 t

+70
+88
+58.
+74

+ 3
+ 2

' +31 '
+29

C o l l e c t i o n s d u r i n g r.ohth
Tctal
Instalment
*

+ 4
+ 4

+47
+43

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

+ 6 ^

+41

*

Note .-—These f i g u r e s a r e p r e limine r y ^ n d ' s u b j e c t t*" r e v i s i o n .




— 2

—

RETAIL FURNITURE STORES - AUGUST 1546*
S a l e s end I n v e n t o r i e s
P e r c e n t a g e change
Inventories
~
end o f m o n t h 1/
J u l y ' 46 A u g . ' 4 5 J u l y ' 4 6 A u g , *45 J u l y ' 4 6 j A u g , ' 4 5 J u l y ' 4 6 A u g , ' 4 5
to
to
to
to
to
to
to
to
A u g . ' 4 6 A u r . ' 4 6 A u g . ' 4 6 A u g , ' 4 6 A u g . ' 4 6 A u g , ' 4 6 Aug. ' 4 6 A u g . ' 4 6
Total net sales

F e d e r a l Reserve
District

Cash s a l e s

Credit sales

+14.
+20
+ 2
+ 0
+ s
+14
+ 9
+ S
+ 7
.+14
0
+ 7

+65
. +03
+58
•76
+70
+73
+78
+53
+78
+85
.+47
+57

+ 4
+18
+13
+11
+ 4
+17
- 7
+11

+67
+122
+51
+84
+75
+66
+103
+87
+64
+104
+48
+56

U . S . Total

+10

+70

+10

+88

+11

+66

I .'umber of s t o r e s

74 2

742

G10

610

610

610

Boston
Ku'.v 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

l/

+ 5
+16
+ 4
+ <±

+16
+22
+ 1
+ 6
+ 9
+14
+13
+ 4
+ 8

+12
+ 1

+65
+72
+47
+73
+69
+6ti
+80
+41
+72
+77
' +47
+58

+17
+ 6

-

6

+53
+53
+31
+47
+53
+41
+27
+58
+47
+51
+56
+22

-+

6

+41

521

521

+• 8

+ 7
+ 9
+ 8
+ 7
+ 9
+ 5
+ 8
+12

At r e t a i l v a l u e .
Accounts Receivable and C o l l e c t i o n s
Percentage charge
A c c o u n t s r e c e i v a b l e , e n d of month
C o l l e c t i o n s <d u r i n g month
Total
Instalment
Total
Instalment
J u l y * 4 6 ( A u g . ' 4 5 J u l y * 4 6 A u g , ' 4 5 J u l y * 4 6 Aufr., ' 4 5 J u l y ' 4 6 Aug, ' 4 5
to
to
to
to
1
to
to
to
to
A u g . ' 4 6 I A u g . ' 4 6 A u g , ' 4 6 A u g . ' 4 6 A u g , ' 4 6 Aug, ' 4 6 A u g , ' 4 6 Aug, ' 4 6

Federa1 Reserve
District

Boston
Hew/York
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
S t . Louis
Minneapolis
Kansas C i t y
Dall&s <
S&n F r a n c i s c o

I

+ 3
+ 2
- 1
+ 2
+ 2
+ 3
+ 4
+3
+ 1
> e
* 3
+ 7

+ 3
+ 2
0
+ 1
+ 5
+ 1
+ 3
+ <:
+ 2
+ 6
+ 2
+ 4

+27
+31
+25.
+31
+35
+32
+33
+21
+48
+S4
+27
+31

U . S . Total

+ 3

+31

munber of s t o r e s

696

606

. • . l i r iFRASER
i R t . 1 Q £ C -P-i 1 1 e
Onrj
Digitized* for


j

+52
+28
+37
+23
+36
+23
+59
+20
+37
+29
+27
+48

- 7
+ 2
+ 3
+ 4
+ 3
+ 6
+10
+ 3
+ 8
- 2
- 4
+ 0

+50
+i5
+29
+50
+46
+48
+51
+46
+71
+60
+34
+48

- 8
+ 3
+ 3
- 1
+ 2
+ 7
+28
+13
+ 6
+ 8
- 1 *
- 4

+29
+43
+46
+26
+50
+38
+53
+40
+60
+76
+32
+42

+ 2

+29

+ 4

+47

+ 4

+43

243

243

6&6

696

243

243