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LIBRARY Of T E FEDERAL RESERVE BARK Of CltifOMfi f . v.: BOARD OF GOVERNORS) OF TIffi.FEDERAL RESERVE 'SYSTEM ' G.17.2 May 1/1917 Retail\lnstalment Credit at Furniture, HtiuseholH~App/irance^ and Jewelry stores • March: 19U7 Instalment accounts outstanding at jewelry stores showed less .than the usual seasonal decline in March, and were three-fourths, above the year-ago • . . I • - r ' . level* At furniture stores accounts receivable rose slightly in March, and at. the end of the month showed a 5 6 per cent gaiti over the corresponding date last * year. Household appliance store accounts outstanding at the end of,'March were 'unchanged from the level of other recent months. Collections on instalment accounts ..increased' in March at .furniture, - • • i ... • . * • jewelry, and household appliance stores•; Collection ratios for furniture and as c o m p a r e d with 25 per cent in- the preceding month. • instU&H&Rt Accounts outstanding arid. Collection Ratios . MAY 5 9 05 AH * J «7 ASflBvlftis oid^&fflsteg at end .of month Collection ratios 1/ 31, 1939 • 100 !Jonth - '.Febrr.ary i'31'Ch. • .April July • .-August gep'ter.b&r - October." i-ioveaber • . December Furniture s 'cores U 12 ' - h 2 ii2 h2 12 Hi h2 :8 .50 Household appliance stores u h I h -hh. h hh h 5. 55 " 51 ' 1*9 • 50. ' . 50 U3- . • U6 -,. • 15 us- • • L.8.. 76 • Household appliance stores • Furniture stores Jewelry stores- . 21 2L 22 .23. .23 ' - 32 ' • . ; 36 36. ' LO - ; • h3 " • 2h . 23 . '.23 ' ' 27 27 • 1|3 • ' '• , h952 . 51 • -U8 • . 2b Jewelry stores 2& . 32 30 33 • 33 31 3.1 30 31 . 35 . 1*6 -19li6 January"February .March - " April. Ljay ' " June-. 'July • IC S ' Bicemper "68 1*3 & U9 . SO I 62 - "51% " 53 53 F ST 25 . " 2h 27 28 . "27. 26 26 26 25 . • ' 52 52 5U 56* 55' 5657 . 5Ar^ 51 .32 29 32 32 • 3h 33 3233 30 65 ,1917, January February March p. . -63' 62 63 r 10 10 10 116 109 .23 107 '25. 2.1 k7 ys U2 0 - Preliminary, r - Revised. -1/ Instalment collections during month as per cent of accounts outstanding at spinning- of month. • . 26 25 27