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BOARD OF GOVERNORS^ Q£-TK&- PBDpRAE'HEsSRVE SYSTEM G.17.2 • '' , •> ; ' February 3, 19>i9 Retail Instalment Credit at Furniture, Household Appliance,, and Jevrelry Stores . DECEMBER 1918, • Instalment accounts outstanding at furniture and jevrelry stores increased in December / .but less' 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 repaid 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. • _ ' '' ' G.17.2 Instalment Accounts Outstanding and Collection Ratios . Month Accounts outstanding at end of month December 31, 1939 = 1 0 0 • ! Furniture 1 - Household Jewelry 1 appliance . stores stores 1 stores Collection ratiosV Household I Jewelry appliance | store: stores ! Furniture stores ! 1916 60 November December' 65 73 9 10 27 26 116 23 21 ' 2-5 23 126 kl • hi 3k kk 17 "26 i;5 25 26 2k 23 191x7 63 J anuary February March 62 63 6$ . 68 70 71 73 75 79 May June / July August September October November December- January ^February /March . April • May June\ July .August September October November .December p 3k ?k . 69 87 33 ' " - 91 91 .. 96 97 100 10L 10h io5 112 10 10 10 11 11 13 lt i 15 15 16 17 19 18 18 19 21 23 21 25 27 26 29 29 29 . 110 109 in -116 - - 122 123 127 132 135 1L8 197 180 173 169 16L 165 166 16L 162 165 • 16a 181 - 2h0 2h 23 22 22 • Ul kk Ik ha • 2U 23 23 20 18 17 19 19 19 20 18 18 ' 17 18 18 17 . 'ill 39 39 ko 23 25 23 39 39 • 2k 36 32 35 33 3b 33 19 18 19 19 19 19 19 19 19 19 21 3k 33 32 31 31 31 p - Preliminary. 1/ Instalment collections during month as percentage of accounts outstandingat beginning, of ' month. •• 25 27 31 2k
