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3CASD 0? GOVERNORS OP THE FEDERAL' RESERVE"SYSTEI.I
G.17.2

.

.April li. 1951

Retail Instalment.Credit at Furniture and Household Appliance Stores
FEBRUARY 1951
Instalment accounts outstanding *at retail furniture stores
declined seasonally in February but at the month-end continued somewhat
aGo-ve The level of the corresponding month of 1950. Household appliance
store balances also experienced the customary February decline but were
•T:°re than .one-third larger than those of a year earlier.
ine collection ratio for instalment accounts at household
«pr._i_ance stores v : s slightly lower than in January while at furniture
.a
stores it .as unchanged. In both cases, the ratios were .the same as-in
the corresponding period of 1950.
-

indexes of Instalr..erit Accounts Outstanding at End of llonth •
December 31,.1939 = 100 \
.Jan.;Feb.; ;ar.|.--pr.i ay |June;
.
July j
Aug. jSept. ICct.|::ov. |Lec.
131
166
133

123
I06
179

126 . 127 1 3 1 1 3 1
168 170. 17L 177

136
162

Hi
186

1&6
192-

lp3
190

160
187

131

- ' 1^0 ' '
-J.^51

129
ISO
2LC

12.8 129
181 190

118
219

153
2L1

160
258

167
2^8

170 163
2.53 r26l

1

" 1/51

'

!ieo
. r2$6
j

134
197

1^0
206

171
192

Instalment Collection Ratios
- Instalment-collections during month as percentage of accounts outstanding at beginning of -month.
FURIIZTURE:
- .1949
I95O
1951

1951

..

IJuly|Aug.-I Dept. ,'oct. |: i Dec;.
i3V. i
i
-Jan.IFeb.j : :ar. !
!^pr.|ii"ay I June 1
' 12
10
10

.

12
10
10

Il
l
11

13
10

13
10

12 "*12. . 12. 11
11 •11 .11
10

11
11

11
10

10
11

15
• 12
12

Hi
11
11.

15
12

Hi
11

lh

1 1 . 13
1
10 . 11

1210

12
11

12
10

12
10

12

lh'
11

—Figures for February 1951 are preliminary and subject to revision,
r—revised..