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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-