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L I S » OFTBE FEDERAL RESERVE BANKOFGIEVEIANO BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEk G.17.2' -• . . . " ' • December L, X9h7 Retail/ Instalment Credit a t F u r n i t u r e , Household Appliance*, and Jewelry Stores October 19U7 • . ' ' v- ' • ; •• : Instalment accounts outstanding a t f u r n i t u r e s t o r e s : increased by about the customary seasonal amount i n October, and were 39 per., cent l a r g e r than a, year e a r l i e r . At jewelry s t o r e s accounts .receivable increased f u r t h e r , and continued about double the amount outstanding on October 31, 191(6. Instalment accounts receivable a t "household appliance s t o r e s were up; moderately from t h e end of September, and exceeded the^year-ago l e v e l by 78 per c e n t . The c o l l e c t i o n r a t i o of 39 per cent f o r household appliance s t o r e s was maintained i n .October ' f o r the t h i r d consecutive month. . At f u r n i t u r e and- jewelry s t o r e s the c o l l e c t i o n r a t i o declined -one ' and two p o i n t s , r e s p e c t i v e l y , t o 23 per c e n t . — } G.17.2 I n s t a l m e n t Accounts.Outstanding and C o l l e c t i o n R a t i o s Accounts outstanding, a t end of month December 31, 1939 = ICO" household Furniture Jewelry appliance stores'" stores ' 3^ 1:2 . hli. .16 . .cr C". ~ - T lec. .:r So . April . 51 52. .53 . >3 55 . -55 57 . " 60 . - 65 • ' - J su £<=-- c „uer Ocvooer c^e oer Zees'- ~er m z • US 19 50 ' • Fe_ • January February , I.iarchApril : a -' July August - . ' September October p . k k k 5 18 9 9 10 2k 76 5 68 . . ' 52 51 . 25 - 52 52 65 65, 66. 66 68 . 56 55 56 57 5L 51 52- . . 25 " 126: 32 29 3.2 32. 5k 27 28 27 26 26 26 30 31 35 L6 ' id 2k- -.63 6l 62 ' 63 73 k9 23 27 27 15 L5 5 5 5 6 6 7 8 8 Collection r a t i o s l / Household Jewelry appliance " stores Furniture • .stores 27 27*. 26 . 3k , 33 32 33 30 32 3k • k7 kl kk- . 63. - 62 . 63 ' 65 68 " 70 * . 71 • 73 75 79 10 10 10 11. 11 13 111 15 15 16 116 110 108 111 . 116 122 123 127 132 136 23 21 25 '• • 23 2-k 23 22 22 2k 23 k7 kl kk kk' kk" kS kl -T39 • 39 39 ' 26 25 27 25 26 2k 23 ' 23 25 23 ,p----Preliminary, v - Fevi.sod. - ' nvdBQBd 1 / I n s t a l m e n t c o l l e c t i o n s during month as percentage of accounts o u t s t a n d i n g a t / .beginning of month. B 3% Adenan
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