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0

. BOARD OF GOVERNORS-OF THE FEDERAL RESERVE SYSTEM-

G.17.2

February 7, 1951

• • Retail Instalment Credit at Furniture and Household Appliance Stores
December 195)0
instalment accounts receivable.at furniture and house-,
hold appliance stores increased, in December at a somewhat slower
rate, than is usual at this time' of the year. At the end of 1950,
however, both
ture and household appliance' store balances
were still well above the amount outstanding a ye a - earlier.
x
Collections on instalment accounts outstanding at
furniture stores rose slightly in December and, when compared
with accounts receivable on the first of the month, resulted
in a collection ratio of 11 per cent, one point higher than for
November, Collections on instilment accounts of household appliance stores showed little change from November to December and
the collection ratio remained at 10 per cent.

Indexes of instalment Accounts Outstanding at End of l.ionth
December 31, 1939 = 100
1
Jan. j
. : y June] July |
Feb. | ar.Apr. |. a I
.
Aug. iSent* |Cct.|Mo v. !Dec.
.
|

19L8
19L9
1950

- .
:

101
126
168

-90
90
131- 129
180 180

'

103
128
166

128
18L

101
131
168

108 112 116
127. 131 13L
170 . 171 177

iko
nk

117
136
182

122
111
166

128
I40
192

128
153
190

130
160
187

193

118 121
11*0 1U8
206 219

131
153
211

138
160
258

139
167
258

138
170
256

Hi2
183
263

.

.

1913 '
1919
1950

9h 103

112
129 ' 13h
190 197

,
Instalment Collection Ratios
Instalment collections during month as percentage of accounts outstanding at beginni^ of month
fbnl'iTURE:
1918
'
1919
1950
..19L8
1919
1950

.

Jan. |
Feb.]" ar. I
Apr. |v a I June | July | 1 Sept. Oct.|
::y
'
Aug. |
.
Nov. |
1
Dec.

Ik
12
10

11;
12
10

19
15
12

17
lh
11

DigitizedNOTE:—Figures for December
for FRASER


15
1 Ur
11
18
15
• 12

15
13
10

16
15
Ik
12
12
13
10- . IP .11

17 . 18
lt
i
Hi
11 • 12

17 •17
Hi
13
10. 11

lt
i
12
11

Hi
11
11

Hi
11
11

Hi
11
10

17
Hi
11

16
12
10

16
12
11

15 ' 15
12
12
10
10

1950 are preliminary and subject to revision.

li
i
10
11