Board of Governors of the Federal Reserve System (U.S.), 1935-. "February 3, 1949," G.17.2 Retail Instalment Credit at Furniture and Household Appliance Stores (1949-02-03). https://fraser.stlouisfed.org/title/1073/item/42696, accessed on March 29, 2025.

Title: February 3, 1949

Date: 1949-02-03
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image-container-0 BOARD OF GOVERNORS^ Q£-TK&- PBDpRAE'HEsSRVE • ' ' , • > ; ' February 3, 19>i9 Retail Instalment Credit at Furniture, Household and Jevrelry Stores . DECEMBER 1918, • Instalment accounts outstanding at furniture and jevrelry stores increased in December / .but rapidly than, is to be expected in this month. " At the end of the year the amount outstanding at the two kinds of business was around one-fifth larger than at the end of 19b7. Household ap- pliance accounts receivable were.unchanged at the level of the two preceding months, and continued veil above a year earlier. Instalment accounts of furniture stores y;ere re- paid somev/hat more slowly than in November, the collection ratio declining one point to 17 per cent. At household appliance stores, however, the collection ratio was 31 per cent for the third consecutive month. The December col- lection rstio for jewelry stores was 2U per cent, in , comparison with 21 per cent a month earlier and 31 per cent a year ago. • _ ' ' ''
image-container-1 G.17.2 Accounts Outstanding and Collection Ratios . Month • ! Accounts outstanding at end of month December 31, 1939 =100 Collection ratiosV . Month • ! Furniture stores 1 - Household 1 appliance . 1 stores Jewelry stores Furniture stores Household appliance stores ! I Jewelry | store: 1916 ! November 60 9 73 27 kl 3k December' 65 10 126 26 • hi kk 191x7 J anuary 63 10 . 116 23 17 "26 February 62 10 110 21 Ul 25 March 63 10 109 ' 2-5 kk 27 6$ 11 in 23 Ik 25 May . 68 11 -116 - 2h ha 26 June / 70 13 - 122 23 i;5 2k July 71 lit 123 22 'ill 23 August 73 15 127 22 . 39 23 September 75 15 132 • 2U 39 25 October 79 16 135 • 23 ko 23 November - 3k 17 1L8 23 39 2k December- ?k 19 197 20 39 • 31 January . 69 18 180 18 36 19 ^February 87 18 173 17 32 18 /March . 3'3 19 169 19 35 19 April • " - 91 21 16L 19 33 19 May 91 23 165 19 3b 19 June\ .. 96 21 166 20 33 19 July 97 25 16L 18 3k 19 .August - 100 27 162 18 ' 33 19 September 10L 26 165 17 32 19 October 10h 29 • 16a 18 31 19 November io5 29 181 18 31 21 .December p 112 29 - 2h0 17 31 2k p - 1/ Instalment collections during month as percentage of accounts outstandingat beginning, of ' month. • •
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