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U8HA3V 65 TE % % MM OF ClPiEUM!) BOARD OF GOVERNORS QF THE FEDERAL RESERVE SYSTEM" G.17.2 ' January 7y 19U8 R e t a i l Instalment CfSdit a t F u r n i t u r e , Household Appliapae, and Jewelry Stores November W$b7 Instalment accounts outstanding a t f u r n i t u r e s t o r e s showed s l i g h t l y more than the'customary seasonal i n c r e a s e i n November, and a t the -end of the month were t w o - f i f t h s above the l e v e l of a year ago. Household appliance s t o r e accounts outstanding continued to r i s e , while a t jewelry s t o r e s the growth i n accounts r e c e i v a b l e was somewhat more than i s u s u a l during November. The amount outstanding a t both types of o u t l e t was considerably l a r g e r than on the corresponding date l a s t y e a r . The November c o l l e c t i o n r a t i o on instalment accounts of f u r n i t u r e s t o r e s was unchanged a t 23 per c e n t , but a t household appliance s t o r e s the r a t i o dropped one point t o 39 per c e n t . Increased c o l l e c t i o n s a t jewelry s t o r e s r e s u l t e d in a c o l l e c t i o n r a t i o of 2£ per cent; a month ago i t was 23 per c e n t . G.17,2 — 2 — I n s t a l m e n t Accounts Outstanding and C o l l e c t i o n P a t i o s Accounts o u t s t a n d i n g a t end of month December 31, 1939 = 100 i Household Jewelry ' stores ':= I= Collection - r a t i o s l / Furniture stores 1915' October November December' 1 -hh 16 50 h h 5 U5 76 • 27 27 2h '52 51 148 31 35 16 52 52 Sh\ 56 55 56 57 51* . 51 52 hi hi 32 29 32 32 3h 33 32 33 30 . 32 3'U hh hi 1:1 hh hh hh 25 27 25 19L6 Jariuary . February. Larch April. . :June . IS L9 .5051 52 53 53 -55. 55 57 60 65- 5 5 5 5 6 6 7 8 3 9 9 10 63 • 62 63 65 " 6370 71 73 75 19 8h 10 10 10 11 11 13 lh 15 15 16 17 68 25 • 2h 63 61 " 27 28 62 . 27 63. 26 65 26 65 " 66 . 26 66 % 25 63 ' 27 27 73 26 126 : ' 19h7 February :Larch April ber T -OC.cber: Nc/e Tiber ; p * 1/ ™* 116 110 - 23 21. 25 ' 23 2h 108 111 • 116 " 122 . 123 . 127 132 135 152 ' ?A-- - • lUc 23 23 # h ; - ii s AO % 26 26 'NVp 2h 23 23 25 23 25 :.".nary, . . TUEZC-' :.v-nt ' c o l l e c t i o n s during month as percentage of accounts o u t s t a n d i n g a t beginning of month. -
@FedFRASER