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SOAR:' OF GCVZRHCRS OF THE FZ3ZRAL RESERVE SYSTEI: 0,17.2 December 6, 1951 R e t a i l I n s t a l m e n t C r e d i t a t F u r n i t u r e and Household Appliance S t o r e s OCTOBER 1251" I n s t a l n e n t accounts r e c e i v a b l e a t f u r n i t u r e s t o r e s i n c r e a s e d s l i g h t l y f o r the t h i r d consecutive month, but continued s u b s t a n t i a l l y belcv; the y e s r - a g o l e v e l . • In s ta lm e n t accounts o u t s t a n d i n g a t household appliance s t o r e s ••'.'ere up 1 per cent i n October, the same r a t e of expansion as i n the preceding month. At the end of the month, hovrever,- i n s t a l m e n t accounts v:ere about l c per c e n t below the year-ago l e v e l . In s ta lme n t accounts of f u r n i t u r e s t o r e s were l i q u i d a t e d seme""hat more r a p i d l y i n 'October than i n September, 'but the c o l l e c t i o n •period f o r accounts of household a p p l i a n c e s v:as 'approximately the same as i n r e c e n t months. For both types of o u t l e t the average repayment period v.-ss s h o r t e r than t h a t r e p o r t e d f o r October 195°• • indexes of I n s t a l m e n t Accounts Outstanding a t End of i.Ionth . December 31, 1939 ~ 100 J a n . (Feb. ji.ar. |Apr. |-I:ay (June | J u l y i A u g . [ S e p t . [ O c t . | N o v . |Dec. FL3::i:iez; . . i:L? - 131 160 183 I%"5=:H0L: APPliAiTOZ: I9li9 1950 . - 1951'. 123 166 178 126 160 172 131 iSo 255 129 182L8 128 129 181; 190 2if 23L 127 131 170 "I7li 169 166 131 197 226 13b 177 163 136 102 159 I l l lh6 1&6 192 160 162 153 19o 166 160 187 17U" 192 liiO 206 221 1L8 219 217 153 2ll 216 160 258 219 167 258 221 170 258 183 260 Instalment Collection Ratios I n s t a l m e n t c o l l e c t i o n s during nionth as percentage of accounts out— s t a n d i n g a t beginning of month 1951.' ' . I'lOV . |Dec. I | ' . J a n . jFeb. jI ' s r . IApr. | Key | June | J u l y | Aug. | 12 1^ 10 12 in in 111 11 11 13 10 11 13 loll 12 10. 11 15 .12 12- lu 11 11 15 12 12 la -lh 11. 12 11 11 lh "10 12 12 11 •11 12 11 12 11 11 11 11 11 12 11 10 m 11 lh 13 11 11 12 . 12 12 in 12 12 11 ' 12. 12 I'O 12 10 i?PlDi:ICE: -O! ' Digitized for—y.zgures for October 191)1 ar e p r e l i m i n a r y and s u b j e c t t o r e v i s i o n . FRASER
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