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OF GOVERIiOPS OF THE FEDERAL" HES3RVE SY3T3/I

,

.. 'J.

..

March"5,. 1945,
m S r i c - 30

'
- Retail Instalment Credit
a t F u r n i t u r e , .Household A p p l i a n c e , '~nd J e w e l r y S t o r e s
^

'

y

J a n u a r y 1945

.

„

•

'

' I n s t a l m e n t a c c o u n t s r e c e i v a b l e a t j e w e l r y s t o r e s i n J a n u a r y showed
somewhat more t h ? n 1 he. u s u a l s e a s o n a l de-cxine from t h e 'U.^h;Decomber . . e v e l .
At t h e end y ; the r-untrv t h e amount; "utstaE-dlnf: /-.t h'oth j e w e l r y s-hd f u r n i t u r e
• s t o r e s v r.s snout the s:t.o a s . on J a n u a r y Z<1, J944.
«

Household a p p l i a n c e - s t o r e

a c c o u n t ? r e c e i v a b l e d e c r e a s e d s l i g n t l v f o r t h e ' f i r s t ' t i : . ^ > n - o v e v a months .
;
- i '
- . '
'
- hut continued ot- approxiir-ately o n e - h a l f t h e .%/enr-ago volume.
•,
.

The c o l l e c t i o n r a t i o on i n s t & l n c n t a c c o u n t s r t J e v r e l r y s t o r e s de-

c l i n e d c o n s i d e r a b l y from r,he h i g h December l e v e l , "s i s u s u - l i n t h i s r.qnth,
cm-)until:,: to 50 p e r cent -:s compared w i t h 31 oer cent f o r J a n u a r y 13-4:4.
C o l l e c t i o n s duriijr: thd month were "1 per cent - of, i n s t a l m e n t a c c o u n t s o u t s t r n a in:.: on trie f i r s t

of t h e r.;onth ^ t - f u r n i t u r e s t . r e s ,

household r-.pplivnce s t o ' r e s .
' i; yvrvr c u r l i e r .




:ndJ36 p e r cent a t

Both R a t i o s c o n t i n u e d above t h e s e r e c o r d e d

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