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BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM "G.17.2 July 3, 1952, Retail Instalment Credit at Furniture and Household Appliance Stores MAY 1952. - ' : Instalment accounts outstanding at furniture stores increased about 3 per cent during liay bringing month-end'balances to about k per cent above the level of- a year ago. Instalment accounts outstanding at household appliance stores also increased during the month. At the end of Hay balances were about 2 per cent above the previous month-end but were approximately 10 per cent belov.' a year ago. t, Instalment collections at' furniture stores during L'ay amounted to 11 per cent of accounts outstanding.at the beginningof the month. This was 1 point above April, but the Same as for a year ago. The collection ratio of 13 per cent for household appliance stores was unchanged, from April, but was up 2 points from Lay a year ago. Indexes.of Instalment AccountsOutstanding at End of'Month average = 100 ° 19b7-19k9 I | Jan. |Feb. |Mar. |Apr. |May| Junef July|Aug. |Sept»|Oct.Nov.|Dec, | FURNITURE 1950 1951 1952 1b6 lh8 150 15V 156 160 161 157 152 1h9 ' IhS i a lilO 153 . 1U9 1U7 lbl 152 U18 .HOUSEHOLD-APPLIANCE: 1950 1951 1952 163 231 197 loh 226 189 167 218 183 172 179 187 212 205 200 181 185 199 197 161+- 169 lkl lb3 167 II46 1h9 169 159 - 219 197 23k 200 235 202 231 203 236 2Oil. Instalment Collection Ratios Instalment collections during month as percentage of accounts outstanding at beginning of month , |Nov. | Kay | June July | Aug. | Sept.) Oct. |Dec. I i Jan. I Feb. Mar. |Apr. | | : FURNITURE 1950 1951 1952 • " 10 10 10 HOUSEHOLD APPLIANCE: . 12 1950 12 1951 13 '1952 ' 10- 11 11 10 10 - 11 11 11 13 12 12 13 10 - 10 11 11 11 10 10 11 11, 11 11 22 11 11 11 • 12 10 11 11 11 12 11 ii 11 13' 13 10 12 11. 12 22 1i 10 11 , LO 12 , 12; 12 10 12 NOTE:—Figures far May 1952 are preliminary and subject to revision.
