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. , ; BOARD OF GOVERNORS OF'T#'FEDERAL . R Z S % % SYSTEM G»17.2 : v: : ' ; f . ' January 7, 1949 i .Retail Instalment Credit , at Furniture,^Household Appliance,. and'Jexrelry Stores " ' NOVEMBER 1943 . - Instalment accounts outstanding at furniture and; jewelry stores showed: smaller increases'-than are customary- in November., while those for household appliance stores'"were unchanged at the October level. The three kinds of outlet, con- tinued to report'-gains over• a -yekr. earlier, but at somewhat slower rates than- in other recent months. The November collection ratios on instalment accounts of both furniture and household appliance stores were unchanged from-those of the preceding month, 18 per cent and 31 per cent, respectively. The collection ratio at,jewelry stores, which had been-maintained at 19 per cent for eight consecutive months, rose two points to 21 per cent. • ; . Instalment Accounts Outstanding and Collection Ratios Accounts outstanding at end of month December 31, 1939 = 100 Household Furniture appliance Jewelry •stores stores stores 68 57 60 65 63 62 63 65 68 70 71 73 75 79 '84 94 • 87 88 91 94 96 • 97 100 104 104 105 73 126 10 10 10 .11 11 13 14 15 15 16 17 19 18 18 ' 19 21 23 24 25 27 28 29 29 116 110 108 111 116 1# .123 127 132. 135 148 197 180 173 169 164 165 166 164 162 165 164 174 Collection ratic Furniture stores 'ewe sto: 27 27 26 32 34 .44 23 21 25 23 24 23 22 22 24 -23 23 20 26 25 27 25 18 17 19 19 19 20 18 18 17 13 18 collections during month as percentage of accounts of month. J 26 2423 23 25 23 24. 31 19 13 19 19 19 19 19 19 19 19 21