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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