Full text of G.17.2 Retail Instalment Credit at Furniture and Household Appliance Stores : April 4, 1943

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BOARD OF 'GOVERNORS OF THE FEpERAL RESERVE SYSTEM
,

^ A p r i l 14, 1943
R&S rio - 7

detail Instalment Credit
February 1943;

•-

x

•instalment accounts receivable. at' household appliance
stores declined in February at a somewhat more rapid rate than

'

in recent months, and'by the. end of the month were 64 per cent
below the corresponding date of last year.

Jewelry store ac'cpxin

outstanding were reduced by about the usual seasonal amount,
while those at furniture stores continued to decrease at the.. •
January rate.

,

At both jewelry and furniture stores accounts';

receivable- were 41. per cent below those on February. 28, 1942.
' The February collection ratio.on instalment accounts
at furniture and .household appliance stores'remained"at the
January levels of 17 and 15, respectively';

At jewelry stores,

collections during February were 29 per cent.of instalment.accounts
outstanding at the % e 5 i n n i n 5 of the month.
substantially above the year ago. levels.




These ratios contimed
.

' j _

Instalment Accounts Gutstandin2'"and Collection .Ratios

Accounts outstanding at end cf month
December oil 1939 -= 100
Furniture
stores

Month "

Household
appliance
stores .

Collection ratios!/
Furniture Household Jswelry
appliance, stores
stores
stores

Jewelry
stores

1041.
103
102
101
104
107
109
' 109
"113.
Ill
110
'109
. 110

January"
/February
. :,;arch.
April „ May . .
July
.
.--August. V September
October
November-• December

-

102

101
101
107
112
116
118

.

122 .
120

•117
113
110

103
,96
93
'93
94
94
90
96
98
•.-123 1

15
10 . .
- 15
• 9
16
. IP
*16
• 10
.11
17
11
12 .
• 17
. 10 •
..11.
"
16
• 10
. 11
'
<
10
. . 17
' 12 18
11
11
, 18
11
" • ' - 12
18
•11
12
\
'
23
12
11 - ' •

-10
10
-• ii

1942 *
105
102
101
100
' ;97
91
85
80
- 76
. 73
- 70
\69

.January "
'February'- •
"March"
'April:
Kay
July
August r
^September
October':
ITovenber
. December
" 1S43

103
100

^
96
' 91
% .
77
71 '
' 64
59
54 '
50
46 '

12

111
, _I02
' "99
- . 93
' 87
81
'
73 ..
69
.
- 65 •
. 63r 81

:

, 11
.13::i3\:r"
13 14
'
: "14
16 '
. 16 -;
18 •
-17
-.

12
18
12
19
13.
19
' 13
20
•• 13
•
22
13.
22
13 •
25
13..
. 26
• 14
30
.'•15 .
. 15
• - 31
r45
15

:

64
60

- January
February .

/4-1 .
" 36

60

'

-17
^ 17

:

'

rl5
.15

r =, Revised
l/ Instalment collections as per cent of accounts outstanding at beginning
-

pf.month.

-




r30
' 29