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BOARD of. governors of the federal reserve system
:

M y 1» 1943
R&S ric-10

•HEmiL XNSOMMENT'CREpiTMay 1943

-

•

Instalment accounts receivable at furniture and jewelry
stores declined further in May but at a less rapid rate than in
recent months.

At the end of the month the amount outstanding at

both was 43 per cent below that on the corresponding date last year.
Household appliance store accounts receivable continued to decrease
at about the same rate as'in April and at the.'end'of May showed a
decline of 69 per cent from a year ago*
Collections on instalment accounts during May continued
to increase at furniture, household' appliance, and jewelry stores.
The collection ratios at furniture and household appliance stores
rose two. points, from the. high April -"levels to 22 and 20, respectively
Collections during the month at jewelzy stores were 33 per cent of
•instalment accounts outstanding at the beginning, of.the month, as
compared with 31 in April, and 20 in May 1942.




...

Instalment Accounts Outstanding end Collection Reuios

• I Accounts outstanding at end of month
[
' ,-December 31» 19^9 = 100 •
Furniture
—--stores

-10U
107

109.
109
113"
Ui110,
109

"110 •

105

102

101'
100 "

:.s

85
80
• 76
• 73.
70
, 69.

,646o.
57
• 57
55
>

- Kevi sod

.•

^rrdture
stores

Jewelry
stores

Household
appliance
stores

Collection ratios l/

I

ho
U
'
36 •
32
29
26
-

-

8b

r 66.,
r "56
r 55
r,52 .
50"-

' 11 .

10
10 •

16

10

17
18

11
11

18

18
2?

•11

12

12 '
19
. ...
. - 18
. 12 .
19
" ,13
19
• ' ' "-13.
20
13
.
22
13
-"
-ik
22'
.
13
ih
25
13
"
, :i6 .
lk - . 26
16
,
30
.18
•
15
• 31
.
1 7 ; * • 15
. • - lr>
• , 1+518 .

• 111 102'
.98
93
• 87 81
68.
-6U •
-6> .

16 17
17

10'

71 .'--11
92
107
. 12
112 ,
93,
11
116
""
:9k '
- ll"
lie
93
12
122 '
- 9L"
ii
93 '
120
•
12
"96 .
117 ' '
.
12
'98
11?
•
12;: ' - '
n
no

10^
100.
96
91
85
77
- 71
614

Jewelry
: store's

•Household
-appliance
stores

12
- 11
" 13
. .13
-.-is:

•

:

r
.. 16
17 .
•' ' lb
17
. 18.
/ : 19
• • r 1c
20
20
.22 .

r
'
r
. r
•

31
29
30.
31
35

• «

l/ Instalment collections rs por cant of accounts outstanding et beginning of
7" month.

-




'

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