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•

LIBRARY OF THE FEDrRAt- .

RESERVE BANK OF CttVrxA,"!

'•I L { t ) BOARD OF '.GOVERNORS .OF THE FEDERAL RESERVE SYSTEM
---

'March. 5* 19U&
R&S r i c - 1(2
G,17.2

1

H
-

Retail/Instalment Credit

.

~

a t F u r n i t u r e , Househol^Applianoe, and Jewelry S t ore s
"

January J 9 4 6

-v

.

.

. I n s t a l m e n t accounts o u t s t a n d i n g a t f u r n i t u r e anti^jewelry s t o r e s
showed abotit t h e u s u a l seasonal decrease i n January, and were aroimd t e n
per cent h i g h e r than. a > a r , e a r l i e r .

Household appliance s t o r e accounts

• r e c e i v a b l e remained a t t h e December l e v e l , and .we're, l a r g e r than, a year
ago f o r t h e f i r s t time s i n c e January . W .

•

.

At household a p p l i a n c e s t o r e s t h e January c o l l e c t i o n r a t i o
.reached a new high of

5U'per

cent, w h i l e ' a t f u r n i t u r e s t o r e s t h e r a t i o

was unchanged .at t h e December l e v e l of 2U p e r c e n t . " Colleotidns a t
•jewelry s t o r e s during January were 32 per cent o ^ i n s t a l m e n t accounts
outstanding at the beginning of the month.




*

,

.

.

Instalment Accounts Outstanding and Collecticn Ratios

'Accounts .outstanding at end of month
| , "
December
, 1939 ~ 1°°
Household"
Jewelry
Furniture
appliance
stores .

- Moiltl;

Collection ratios, l/
Furniture
stores. .

20
20

January
February
March

25.23.

• 55 <

"31
' 31

.22
22

.

34

26

28

26
26
28 .

25
.24/
23

. 30
31.
31

29-.

24

32

2k26
2k-

33

f

37
39

. 49

21

23.

35
32
36
36
4o

. 23
23.
27 .
27
24.-

August
ptemDer

42
48
-49"
52-.
51
48. '

36

23

.1*5

Jewelrystores

22

22

68 *

D.eienroer

"household
"appliance
.stores

3k

.

January •
February '
.March
April
Kay
' June
'
-'July'
."August " ,
• September
- October •
November
-^Deceinbej-

January?/

1

U2
-1+2;
- 4 2 -•
- 8

if

46:

'-'50

4
4
4
4
4'
h-

4
k

4

k

62

55-

21-'

2k'
2 2 ..

49
50

50

48
46
45
45

8
-I
=

,

•

5k

'2k.

-UB
-

p/ - Preliminary^

k y

.;

2928
• 32
30
33
33
, 31
31
30
31.
r35
46

32

JC
—
mi3Ati3$3¥ i v m a i

• 1 / I I n l t e l r a e n t - c S l . l e c t i o n s d u r i n g m o n t h as- p e r o e S « d t i ^ £ n t Z J W t a n d m g a t
"" . beginning of month.




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