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BOARD OF G0VIi?u"0.":S OF . T H 2 F 3 D E R A L . R^S2KV3,6ySTEM

G.17.2

F e b r u a r y 6 , 1%<B

Retail Instalment Credit
a t F u r n i t u r e , H o u s e h o l d , A p p l i a n c e , - ancl J e w e l r y S t o r e s
December 1947 .

.

;

.

"

I n s t a l m e n t , a c c o u n t s o u t s t a n d i n g of f u r n i t u r e s t o r e s showed
a b o u t t h e c u s t o m a r y g a i n i n December, and a t -the y e a r - e n d were'.45 p e r
cent l a r g e r than a year e a r l i e r .

At j e w e l r y s t o r e s t h e i n c r e a s e i n

a c c o u n t s r e c e i v a b l e was s l i g h t l y l e s s t h a n s e a s o n a l , b u t t h e o u t s t a n d - ~
i n g b a l a n c e r e a c h e d a l e v e l more' t h a n t h r e e - f i f t h s , above, t h e December
peak a y e a r a g o .

Household a p p l i a n c e s t o r e a c c o u n t s r e c e i v a b l e , which

have been i n c r e a s i n g s t e a d i l y f o r t h e p a s t two y e a r s , r o s e s l i g h t l y i n .
December.

At t h e end of t h e y e a r t h e y were SO p e r c e n t above t h e

amount o u t s t a n d i n g on December 3 1 , 1946.
C o l l e c t i o n s on i n s t a l m e n t a c c o u n t s of j e w e l r y s t o r e s showed
t h e c u s t o m a r y , s h a r p i n c r e a s e i n December, and t h e - c o l l e c t i o n r a t i o
r o s e 'frDU.24 p o r c e n t i n November t o 33 p e r c e n t .

At h o u s e h o l d a p p l i -

a n c e sfcev^s, t h e c o l l e c t i o n . r a t i o was. 39 p e r c e n t , t h e same as. i n t h e
p r e c e d i n g :i-v = oli.

Co3'lee t i e n s of- f . T n i t u r e s t o r e s d u r i n g December were

2 1 p e r c e / t of : n::+air. =m: a c c o u n t s ..outstanding on t h e f i r s t of t h e
month a s compared w i t h 23 p e r c e n t i n November.




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"r

G.17.2

'

- 2 -

I n s t a l m e n t A c c o u n t s O u t s t a n d i n g and C o l l e c t i o n R a t i o s
A c c o u n t s o u t s t a n d i n g a t end of month
December 3 1 , 1939 = 1 0 0 .
Household
Furniture
Jewelry
appliance
stores
jitiares
stores

. • l.'cnth

19L5-

Furniture
stores'

• Household
appliance
stores

Jewelry
stores

^

November
Zecember
19L6

Collection ratios V

k8
76

27
2k

SO

k
5

-us
U9 "
50
-51'
•52
• 5353
55
55
. - .57
6065

•

5
5
5
5
6
6
7
8
d
9
9
10

. 68
63
61
62 63
65
65
66
66
68'
73
126: .

25
2U
27
28
27
26
26
26
25
27
• 27
26

10
10
10
11
11 '
13
1L
15
15
16
17
13 -

116
110
108.
Ill
116
122'
123"
127 •
132
1351L9
205

51
18 .

23
. 21
: 25
23
2k •
23
22
22
2k
. 23
23
21

- > > .

" r

.

35
k6

•
•

Jariuai-y
February
::arch_
April
- a y .•
" July
August
_ SepL-z'-'ber
October
November
December

•

52
52
Sk
. 56
55
56
57
'
Sk
51
52
k7
k?

.32
29
32
32'
3k
33
32
33,
30
32
3k •
kk

.

,1917
January
February
Larch
Aor-il
:.ay •
June
July
August
_ September
October
November
December-p

'

63
62
63
65
63
' 70
' 71
73
75
-79
Gii
9k

.
.

.26
25
27
25
26
2k'
23
23_
25%
23.
2k
33

k7
hi
lih
kk
kk
kS
' Ul
39
39
'ko
39
39.

p - preliminary.
• 1 / I n s t a l l m e n t c o l l e c t i o n s d u r i n g month a's p e r c e n t a g e . o f a c c o u n t s o u t s t a n d i n g a t
" b e g i n n i n g of m o n t h .
•




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