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. , ; BOARD OF GOVERNORS OF'T#'FEDERAL . R Z S % % SYSTEM

G»17.2

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:

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January 7, 1949

i
.Retail Instalment Credit
,
at Furniture,^Household Appliance,. and'Jexrelry Stores

"

' NOVEMBER 1943

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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. •




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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