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BOAPD OF GOVERNORS OF THE FEDERAL RESERVE S
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BAN

August 3 , 1949

G . 1 7 .2-

• .
•
• R e t a i l I n s t a l m e n t Gredit
. a t 1 u r n i t u r e , Household Appliance, and Jewelry Stores
June 1949
I n s t a l m e n t accounts o u t s t a n d i n g a t f u r n i t u r e , household
a p p l i a n c e , and j e w e l r y s t o r e s i n c r e a s e d s l i g h t l y i n June.

At the

end of the month, both f u r n i t u r e and household appliance s t o r e
balances v/ere s u b s t a n t i a l l y l a r g e r than on the corresponding date
l a s t year..

Accounts r e c e i v a b l e , of j e w e l r y s t o r e s continued t o

show only a small gain over the year-ago l e v e l .

-

The r a t e of repayment on i n s t a l m e n t accounts has shown
; l i t t l e v a r i a t i o n i n r e c e n t months a t the t h r e e kinds of o u t l e t .
The June c o l l e c t i o n r a t i o s f o r f u r n i t u r e and household appliance
s t o r e s were 13 per c e n t and l h per c e n t , r e s p e c t i v e l y . , the sane
as f o r A p r i l and May.

At j e w e l r y s t o r e s t h e - , r a t i o of c o l l e c t i o n s

t o accounts o u t s t a n d i n g on the f i r s t of t h e month was lit per cent
f o r the f o u r t h s u c c e s s i v e month.




K

-Instalment Accounts O u t s t a n d i n g and C o l l e c t i o n R a t i o s
ccounts o u t s t a n d i n g a t end of month
- December 31, 1939 = 1 0 0
| Household
Furniture
j jewelry
| appliance
!
stores
j stores
1
stores

- Month

,
81

65
70

87

lay - .
June
July
August
September
October"
::cve~iber

53
62

83

19^7

7k
79

80

'

92

C o l l e c t i o n r a t i o s JT
Household
Jewelry
Furniture
appliance
stores

89

20

2k

18

9U

18

25

16

95

17
17

21

103

19

22

106

19

16

23

99

.

'
'

22

-

'
.

15
17
17

85

117

18

21

17

91

98
n o

1^6

16

21

21

137

lU

17

lk

9k
103
112

.13k

15

18

15

131

15

116

r.T"

19

90

112

1

ih

103
101:

Jenu&ry .
February

118

131

16

129.

lk
lk

17

lU

16

10&

1

90

10S

1.30

U 7

August
Sep-er.ber
ITove-ber"

|

12k.

122

|
j

131

-

138

128

I.:arch .

,

|

.

139

127

13Q

138

137

ILO

|

15

.127

128
126

January

•

1L3

1U2

16L

17
•

15

18

.

15

17

16
•

17

16
16

-

16

16

16

15

17

15

lU

lk
lk

20

1

131
125
126

1.5

!

.. 1 5 2

12

15

129

•

-,'11:0

12

lk

13

128

133

15

lU

14
lh •
lk

lh
11
lh

13U

13U
iko

'

133
132..
133

•

lk
13
13

1
3

c o l l e c t i o n s during n o n t h as p e r c e n t a g e of
of z o n t h .




•

1

. *

lit

accounts outstanding at