Full text of G.17.2 Retail Instalment Credit at Furniture and Household Appliance Stores : July 3, 1947

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^ -BOARD OF. GOVERNOR^ OF THE FEDERAL RESERVE- SYSTEM -

0.17.2

'

-

•:

.. July 3,191,7

Retail/ln§jalme»t-G^e^.t a t F u r n i t u r e , Household Appliance, and Jewelry Stores ,
'

Kay/i9U7

'

Instalment accounts o u t s t a n d i n g ' a t both f u r n i t u r e and-jewelry s t o r e s
showed a moderate increase i n -May, while those at'household appliance s t o r e s
remained a t the l e v e l of the preceding month.

Amount's outstanding a t the end

f

of May at. jewelry and household a p p l i a n c e ; s t o r e s were more than f o u r - f i f t h s
l a r g e r than a year e a r l i e r .
. cent over a year ago.

Furniture store-accounts receivable were up 31 per
;

,

Collection r a t i o s on instalment accounts a t f u r n i t u r e and jewelry,
s t o r e s rose i n May to 2$.per cent and 26 per c e n t , r e s p e c t i v e l y .

Collections

during the month a t household appliance stores'were hZ per cent of instalment
accounts outstanding on Kay 1 , one p o i n t Jess, than i n A p r i l .




LIBRAE

•3.17,-2
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5

9 in AM X/

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%^-pJ.ncnt Acccvpts Outstanding ar.c C o l l e c t i o n r a t i o s

'.c counts outstanding; a t end of month
" December 31, 1939 = 100'
•Jousehold
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.jpliarce
•stores
storos
stores

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Jewelry
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p.'frelinin^ry
1 / Tn?za]fr- : n t c c l l i c t i o n s during /,;cnih - s r ercunb uf accounts outstanding r t
- uc;- inninr, of man Lb.