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"CARD C-F GGTES'ORS OF IEE FEDERAL RESERVE SYSTEM
F e b r u a r y 8 , 1945
R&S d s c - 3
3S?ARH:z:~ STORE CREDIT;
. Decsr.ber 1942:
. A t d e p a r t m e n t s t o r e s i n s t a l m e n t and c h a r g e a c c o u n t s
o u t s t a n d i n g a t t h e end of December showed a b o u t t h e ; u s u a l s e a s o n a l .
r i s e f r c n ~h= l o v l e v e l s of r e c e n t ' ' m o n t h s . C h a r g e a c c o u n t s
r e c e i v a b l e v:ere 22" p e r • c e n t belorr t h o s e a t t h e c l o s e o f . 1541,
and c c l l e c ~ i c - n s d u r i n g Decsm c e r " r r e r e 5 p e r . s e n t l a r g e r t h a n f o r •
t h e ' c o r r e s p o n d i n g month a ye?.r a g o . The' r a t 16 of c o l l e c t i o n s t o
c h a r g e a c c o u n t s o u t s t a n d i n g a t t h e b e g i n n i n g o f ..the m o n t h vzas
' Cc f o r D e c e m b e r ' a s compared v.-ith £3 f o r t h e ' p r e c e d i n g month and
4£ f o r t h e c o r r e s p o n d i n g month o f 1541# I n s t a l m e n t a c c o u n t s
o u t s t a n d i n g v:ere 41 p e r c e n t belo™ those, f o r t h e c o r r e s p o n d i n g
p e r i o d c f l a s t y e a r . 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 i n c r e a s e d
7 p e r c e n t i n December, r e s u l t i n g i n a c o l l e c t i o n r a t i o - o f 51,
11 p o i n t s ' above t h a t f o r a y e a r a g o .
.
,
C o l l e c t i o n r a t i o s ;and i n d e x e s of a c c o u n t s r e c e i v a b l e by
F e d e r a l Reserve' D i s t r i c t s ' a r e sho?;n on page 2 . .
D e p a r t m e n t S t o r e Acc'cunts 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 change f r o m
r.enber 1942 D e c — h e r 1341
to
to
vece.T.ber 1942 Decenbe; 1942
A c c o u n t s r e c e i v a b l e , end of m o n t h
Instalment accounts
Charge accounts

+- 4
+29

-41

+ 7
+ 5

- 9
+ 5

-22

Collections during.month
Instalment accounts
Charge A c c o u n t s

R a t i o of c o l l e c t i o n s d u r i n g month t o r e c e i v a b l e s a t b e g i n n i n g of month
December November December
Instalment accounts.
Charge a c c o u n t s




' 31-.
65

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63

20
46

Depa.rtr.en: S t o r e Accouz.tz R e c e i v a b l e a r e C o l l e c t i o n s ,
cy Fevers. 1 R e s e r v e D i s t r i c t s

Dzlebal D e ^ r v e '

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Dec . ::ov. Dec. Dec. l e v . Dec .
Dec '.
1542 1541
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!l942" 1542 1941 : 1542 1542 1941

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D o t e : ' These, d a t a
' based on r e p o r t s Of T . r e t h a n 400 l a r g e department
T
C
h a v i n g ch.arge a c c o u n t s and about 300 h a v i n g i n s t a l m e n t a c c o u n t s . Bach
f i g u r e s . n a " ' be o b t a i n e d on r e q u e s t f r o : - -the D i v i s i o n of R e s e a r c h and




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