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BOARD OF BOVERNORS OF THE FEDERAL RESERVE^SYSTEM

G.17.2

July 7 ,

19U9

Retail Instalment Credit
a t F u r n i t u r e / Household Appliance, and J e w e l r y Stores

MAY 19U9

Instalment accounts

•

outstanding

at

furniture stores

o n May 3 1 s h o w e d a s e a s o n a l

rise from the

end of

month.

store balances

also

Household appliance

t h e g a i n vms s o m e w h a t l e s s

than that

At

r e c e i v a b l e were a t

jewelry

level

stores

for the

accounts

third

reported

consecutive month.

of

jewelry store

a year e a r l i e r ,
balances,

The May i n s t a l m e n t
kinds
month.

of

year.

same

stores

c o n t i n u e d wo11
increase

small—about 2 per

collection

but

ratios

for

the

in
cent.

three:

b u s i n e s s were unchanged from, t h o s e f o r t h e preceding
The r a t i o

outstanding
and

in,Lay last
about the

The y e a r - t o - y e a r

h o w e v e r , was

preceding

The a m o u n t o u t s t a n d i n g .

a t b o t h f u r n i t u r e and h o u s e h o l d a p p l i a n c e
above t h a t

the

increased,

of

collections

d u r i n g / t h e month t o a c c o u n t s

o n I.lay 1 w a s l U p e r c e n t a t

jewelry stores,




and 13 per c e n t a t

both household appliance
furniture stores.

.

I n s t a l m e n t Accounts 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

outstanding at end of
i c e r . b e r J>1, 1939 = 100
Household
Jewelry'.
Furniture
appliance
stores

84
89

7.3
lo
60"

81
-83

65
70

110

8-5
91

67
92
98

lb

90
90

9b

108
"112

116

117

103
112
118
12L

122
128
128
130
1U0

131

131

13U
129
128
129
136

123
126

n?collections
rin? of month.




133

139
138
142

9U
95
99
10%
106
117
156

1L3

137
13k
130

131
131
129
127
128

127
137
16U

152
1U0
133
133
133

1/

Collection ratios.
Furniture
stores

19
20
18

17
17
19
19
18
16

iu
lU
15
15

Household
appliance

2U

2b
25
23'
21
22
22
21
21

19
17
18

17
18

•1U
14

17
17
17

lU
lU

15
15

12 •
12'
lU

1

lb
lb

13
13

16
16

15
iu
lb

d u r i n g month a s p e r c e n t a g e of . a c c o u n t s o u t s t a n d i n g a t
•