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BOARD OF GO DEBITORS OF THE FEDERAL RESERVE SYSTEM

.

..

J

,

February 8, "191*3"
" H&S ric - 5";

'

. RETAIL' INSTALMENT CREDIT
December 15&2

-

. Instalment accounts outstanding at jewelry stores
showed about ,the usual seasonal rise in December.

Household

1
.
.
,
•
' K-:. .
appliance store accounts receivable continued to decline at

about the same rate as in recent months, - while those at furniture stores remained unchanged. 'For -the year as a whole accounts
receivable shojwed declines^cff 3k p e r c e n t for' jewelry- stores,
3o- oer cent for furniture stores, arid 59 per cent'for household
appliance stores.

'

-

Collections on instalment accounts at jewelry spores
rose sharply in December, resulting in a collection ratio of
compared with 31 the previous" month'.

Collections during

the month were 18 per cent of instalment accounts receivable .
at the beginning of the month at furniture stores
cent at household appliance store,s«,




and 16 per
:

Indexes of Instalment Accounts Outstanding at End of Fonth
December 31, 1T39 = 100

Lfid oi Llontih

January;
February
Farch
"April
, ray
June
•July
>u~ust
Sept/o-fcer
. O.ctHbar " \
November
Peccr.b.cr- •

Furniture stores
Percentar 6
change
1942
1941
105
102
101

103
102

101

100

104
107
109
.109
113"
111
.HO
109
110

97
9185
80
76
73
70
P70

+ 2
. 0
• 0
- 4
— 9
-17
-22
-29
-32
-34
-36
—36,

Household appliance
stores
Percentr
. age. t
1942. change
1941
103

102

+ 1

100

- 1
:- 5
96
101
-15
91
107*'
-24
85 "
112.
. -34
77
116- ;
-40 ;
. 71
118
-48
64
122.
•
51
59
120'
-54
. 117. • 54
-56 •
50
113
-59
" 45
110

101

- JoweIry stores
Percent; age
change
1941 1942
103
96
'95
92
' 93
. 94
93
94.
98
. 96
.98
123

111
102..

96
93
87
81
72
69
65
63
62
81

+ 6
+ 5
+ 1
- 6

-14
-23
-27
-34
-34;
-37
-34 /

.p-Preliminary.
Collection Ratios-on Instalment Accounts
Df accounts a,± beginning of month)
(instalment collections as per cent of

Furniture stores
1942,
1941
January
February.'
• Larch"
;April
Hay- .
June
July .
• August •
September
October
IToveniber
December
Revised,

' 10!\
10
-'

.

11

11
- 12

11
.11
. 12^
' 11
-

12

12 .
"

11

12
11
13 .
13
13
14
14
16
16
18
17
plB

p - Preliminary.




Household appliance
stores
, 1942
1941
10 :
9
10

10
11
10:
10 .
"10
-11

-

.11
11 ^
12."

11
1.1.

13
13
-13
" 13
13
13
' 14
. 15
15
16

- Jewelry stores
194-2'
1941

'•

-19
1-5
13
15
19
16• 19
16
'I?:,-;' . 20
22
17
22
16
25
17
• .26 .
• 13
: 30
18
r31" ,
18 '
45 '
23-