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b o a r d of governors., of t h e f e d e r a l r e s e r v e s y s t e m G.17.2 • May 6 , 19k9 , : Retail Instalment Credit • a t F u r n i t u r e , Household A p p l i a n c e , and J e \ v e l r y S t o r e s MARCH 19U9 Installment accounts o u t s t a n d i n g a t f u r n i t u r e s t o r e s d e c l i n e d • s l i g h t l y i n I "arch, a l t h o u g h a r i s e i n t h i s month h a s b e e n . u s u a l i n r e c a i t years. J e i v e l r y s t o r e a c c o u n t s r e c e i v a b l e showed a somewhat l a r g e r d e c r e a s e t h a n v,ras r e g i s t e r e d i n March of t h e two p r e c e d i n g y e a r s , w h i l e • balances at household appliance, s t o r e s declined f o r t h e t h i r d successive month. The amounts o u t s t a n d i n g a t t h e . t h r e e k i n d s of b u s i n e s s c o n t i n u e d above t h e y e a r - a g o l e v e l . The r a t e of r e p a y m e n t on i n s t a l m e n t a c c o u n t s i n March showed l i t t l e v a r i a t i o n among f u r n i t u r e , h o u s e h o l d a p p l i a n c e , and j e w e l r y stores. C o l l e c t i o n r a t i o s f o r h o u s e h o l d a p p l i a n c e and j e w e l r y . s t o r e s i n c r e a s e d one p o i n t t o 1$ p e r c e n t and II4. p e r c e n t , r e s p e c t i v e l y . For f u r n i t u r e s t o r e s , c o l l e c t i o n s d u r i n g t h e month a l s o amounted t o llj. p e r c e n t of a c c o u n t s o u t s t a n d i n g on t h e f i r s t of the month; in the two p r e c e d i n g months t h e r a t i o was 12 p e r c e n t . . - 2 - - I n s t a l m e n t A c c o u n t s 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 ! / C o l l e c t i o n r a t i o s f2/ v A c c o u n t s o u t s t a n d i n g a t end of m o n t h • December 7J1, 1939 = 100 Furni t u r e - 6? 70 73 ' 76 80 61 • S3 92 98 110 S i K : r ^ Furniture r <**» 83 52 % 65 70 74 79 S5 91 17 20 19 20 18 17 17 19 19 82 8U 89 : 9k 93 . 99 103 1G6 117 156 18. 16 I Household a p f t r r Jewelry stores 23 25 2h 2k 25 23 21 22 22 -21 21 1 •J ar.ua r \ 90 90 116 117 122 128 128 150 laO 103 112 lie 12L 131 138 139 138 II42 1^3137 13U 130 131 131 129 127 .128 127 137 161; 131 128 126 13-U 129 128 .152 II4O 135 9k 112. c e :• - e m b e r 0c:tc cer • • i V iU 15 15 ' 15 • 16 lb ' ikik lk ik lk 12 12 lk 19 17 18 17 • 18 17 17 17 16 ' 16 15 15' 15 iU 15 15 • 15 16 16 16 16 16 17 20 15' lk 15 13 lU lk p -- P r e l i m i n a r y •' l/. : s --t; : rc:r. -janu&ry 191*2 t o d a t e . Back f i g u r e s by m o n t h s b e g i n n i n g J a n u a r y -i'--3 muy • oe o b t a i n e d f r o m D i v i s i o n of R e s e a r c h and S t a t i s t i c s . 2/ I n s ^el;..en- c o l l e c t i o n s d u r i n g month as. p e r c e n t a g e of a c c o u n t s on t s bonding a t b e g i n n i n g of m o n v h .
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