The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
W m m I OF IKE HSEilfiL RESERVE B W OF ElEVilAND -. ' ' l- U [ b -BOARD-OF GOVERNORS-OF THE -FEDERAL-RESERV-E SYSTEM 0.17.2V ' z V - . July 5, 1946 R e t a i l ( I n s t a l m e n t . .Credit • a t : F u r n i t u r e , Household A p p l i a n c e , ana J e w e l r y S t o r e s i Instalment, accounts -receivable a t f u r n i t u r e s t o r e s increased slightly^ i n May, w h i l e t h o s e a t j e w e l r y s t o r e ' s , r e m a i n e d a t > U month. l e v e l of the, p r e c e d i n g Amounts o u t s t a n d i n g on May 31 a t b o t h k i n d s o f r e t a i l o u t l e t w e r e . n e a r l y o n e - f o u r t h l a r g e r , t h a n on t h e ' c o r r e s p o n d i n g d a t e a y e a r a g o . House- hold appliance s t o r e accounts r e c e i v a b l e i n c r e a s e d f o r . t h e f i r s t time i n s e v e r a l - m o n t h s , end c o n t i n u e d w e l l abtive l a s t y e a r ' s l e v e l . " . . C o l l e c t i o n s on i n s t a l m e n t a c c o u n t s , a t f u r n i t u r e s t o r e s i n c r e a s e d . d u r i n g t h e . m o n t h , b u t t h e c o l l e c t i o n r a t i o r e m a i n e d , unchanged a t 28 p e r c e n t . . • At j e w e l r y s t o r e s t h e c o l l e c t i o n r a t i o , o f 33 p e r c e n t was o n e . p o i n t h i g h e r t h a n i n "tie preceding month. Kay were U C o l l e c t i o n s " , # household a p p l i a n c e s t o r e s -during p e r c e n t o f i n s t a l m e n t ' a c c o u n t s , o u t s t a n d i n g a t t h e b e g i n n i n g of t h e ; m o n t h , a s compared w i t h 56. per. c e n t , i n A p r i l and .40 p e r c e n t i n t h e c o r r e s p o n d i n g month of 1 9 4 6 . : . - . ,yHV8 3A«?S;UTva303i ^ 9i».Hd«ZI 6 w Asvaan - ' 1. / 95-: i n s t a l m e n t A c c o u n t s O u t s t a n d i n g and C o l l e c t i o n R a t i o s -Month - Account's- o u t s t a n d i n g a t end o f -month Collection ratios l / December 31, 1939 - 100 Jey/e I r y F u r n i t u r e Household J e w e l r y . H o u s e h o i d Furniture store-) a .appliance s t o r e s a p p l i a n c e s t o r e s - stores . s t o r e s .. stores 1944 April May June" July August September October " .November December' . 6 6 5 5 5 5 5 5 -5 41 42 ; 4242 41 4243 45 ' 48" 49. 47* 45 44 43 - 44 45: 49 71. 23 "25 24 23; :24 24 26 24 23 62;' 55 51:', 4950, • -50. 48 46 45 4548 76 21 21 24. 22 • 23 23 24 .23." 23 27 '' 27 . 24 28 30 30 .51 31 32' 34 34 49 26 26; 28 29 52 • 33: 36 3.7 39 1945 January.' -February March. April . May „ . J u n e .. ' July August . Septembe' -October liovember - December ; 44 43 42 42". - 42 4242 ' 41 - 42' 4446. . -50 - - 4 4 4 4 ' 4 4 4 4 44 4 5 . ; : 35 32 36 • 36 • 40 ... 4 3 . 42 48 '• 49 52. 51 • 48 29 28 32 30 33 . .33" - 31' 31 30 31 35 -46. , ;• r •- " 1 : 9 4 6 ' * • 52 -25 • 68 5 48 .January" ' "29 51 . 24-. 63 5 49 .'February . . 32 - 53: 27 • • 61 ' 5 ' 50 ~ yMarch: • 32 56.: 28. 62 5 ' 51... A p r i l ... 33 . 54 28 52 6 ' . 5.2 .:2^y ,u - P r e l i m i n a r y •, . 1 / I n s t a l m e n t c o l l e c t i o n s d u r i n g month a s p e r c - j x c . o f a c c o u n t s o u t s t a n d i n g b e g i n n i n g of m o n t h . ' ' • •