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LiBFSMY OF THE FEDERAL
RESEFZ @ { GF C L E M S

' )7 6 " b o ^ ' O ? GeviBoRsTS'^ffi'FB!1)EEAL' HBilEvsr sfsiEM:

GA7.2: '.

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February 6, 1947

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Retail Instalment,. Credit
•it.Furniture, Household'Appliance, and Jewelry. Stores

— Deceiver' 1940

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Instalment accounts'outstanding at furniture stores, which have

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increased steadily since the first of the yb*r/rose further in December. At the
.end of the year they were nearly oiie-third'l?ighcr. than' on December 31', 1945.
Jewelry store accounts receivable showed somewhat: more than the usual seasonal
expansion, and at the end of December were higher than for any other month en

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record. Amounts outstanding at household appliance' stores continued to.gain, .
and were well above the low level prevailing a year ago.
The December collection: ratio for jewelry stores increased eight points
to 42 per cent, while for household appliance stores the ratio remained unchanged at the November level. Collections djiring December at furniture stores
were 26 per cent of instalment accounts outstanding at the first of the month,
- one point less-than in November.




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LIBRARY

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Feb B 8 45 AM '47
^ I ^ t a g r u n t s

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Outstanding-and Collection Ratios,

Accounts- outstanding at end of month
Col lection ratios.l/
December 31, 1939 = 1 0 0
...v.
Household • Jewelry
Household
Furniture
Jewelry
Furniture;
appliance:
applicnce
- stores
• stores
stores. stores
.
.
.stores

'45.
4.8

5
5

/

44
43
'42,
42
42
42/
42
"',41/
42
44 *
46.
; 5-o-

4 ^
4.
4
4
'4.
4
4
4
4
4
4
5

48,
49.
- 50:'
' 51,52.
;-.53-53
• 55
55 ,
• 57

5
5
5
5
6
6
7 .
8
9
r9
10
11
.

GO'

'66-

- 37
.39 .

- • / 24 .
. 23
.

71 "

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.
/

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'

21
24.
22
23
23
.24
23
23
27
27
24

35 •
32
'36
36
40 ...
43
42
- 48
49
52
•51 *
48

28
32.
30
33
" 33
31
31
30
31
.35
46

'

'
55
51,
49
50
, 5Q
48
46'
45
45 "
48
76.

34
' 49

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•'•

.
.
.
'

. '
- ' -52
25.
68, .
- 52
' 24
63^ -54
27
61
28
. . 56
62,
55 •
' ' 27 ' . .
63 .
•
55
26
.65
'
56
- .26.
65
'
.
55
- '26
66 .
. 66 ' ' .
. 52
25
r52
- 27.
68 '
48
" . 2.7 ;
48
126

32
29.32
32
-34
33
32
33
31
32
34
42

- - Preliminary.
p
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r —Revised1/ Instalment collections during i«onth as per cent of accounts outstanding at
beginning of month,
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