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BOARD op governors of t h e f e d e r a l r e s e r v e system
.

; '

•'

."
; -•

.October 2, 19^3
R&s^ric - 13

. R e t a i l Instalment C r e d i t
,
a t F u r n i t u r e , Household Appliance, and Jewelry S t ore s

!

August 19W

I n s t a l m e n t accounts r e c e i v a b l e a t f u r n i t u r e and household appliance '
s t o r e s continued"to d e c l i n e In August a t / a b o u t t h e s a n e . r a t e as i n J u l y .

At

the end of t h e month t h e amount 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 was 3 9 . p e r c e nt
below t h a t on t h e • corresponding d a t e l a s t year,-' as
73 p e r cent a t household a p p l i a n c e s t o r e * .

compared with a d e c l i n e of

J e w e l r y . s t o r e - a c c o u n t s o u t s t a n d i n g '•

decreased f u r t h e r , b u t a t a l e s s rapid r a t e flan i n - o t t e r r e c e n t months, and a t .
the end o f August were 3k per dent be low. t h e l e v e l of a y e a r ago,
The August c o l l e c t i o n r a t i o s o n ; i n s t a l m e n t a c c o u n t s , a t f u r n i t u r e ,
household a p p l i a n c e t and jewelry s t o r e s remained unchanged a t the Ju.ly l e v e l s of
22. 2 1 , and 3lt, r e s p e c t i v e l y . .These r a t i o s continued w e l l above, those, f o r
A u g u s t 19lj2,

,




.

* *'

"1.

• '

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

Month

A c c o u n t s o u t s t a n d i n g a t end o f month
December $ 1 , 1939 * 100
Eou84hold
Jewelry,
• Furniture
appliance
store's
sto'res

stores

37"
- C o l l e c t i o n r a t i o s —y
Household
appliance
stores

Jewelry
stores

" 10

Furniture
-stores.

17
16
17
18 .
18
18

• • iyia . •
June-.
July
August
• September:
Oc'tobt r
November .
-December

-January '
• February
Yarch•=
»_

April
-->-y"
June .
"July
Augus t
September
October .
.November- .
- December

.

_>109
109

:

113.
ill
.

110

.

-1Q9
no

116

.

-105
102
101

116
122
12.0

117
113
lie

103.
100
96

• 100

91

• 97
91
-85

77
71

75

59
5U
" 50

80
76

70"

85
6h

69

kt

..61;
60
57
-57
55
53
51

' la

9k

s
t

• 93..

123

111
102 .

93.
87
81

' .'7 3
65 61+:
-63.
t>3
79

11
-11
-12 ,•
11.. '
12
12
11 - •

10
.10

; 11
11
. 11

•

'•-12

—

.
'

11-,

"13. '
' 13
13 •

•lh •

".
.

23

'.

12 " ~

;. 19.

.18
. 12 ' •
' 19
: 13; /
19
.. 13
20
• 13 '
•

-

22

13

22
• .-.13
11.1
25
1 3 ' • -•
.16
26
. • ill- •
IP
. 18
.; 15.
: .30
- 31
;
15
17 • - L5
18 ' •" - «

- 19l3
"-January;

February -

i':ar.c.h
,
April"
:%y
% ..
-June - • July
;
.-.ugrust

k9

r = -Revised.
l/

32

^29
26
23
, r 19
17

65
58'
53
#
•1*8 :

h6

145

17 •
'.17
19 •20.1
22
21
.

-22"
22

•

-

-16.

16
" 13
'
18
' ' 20
'

31
.30
. 30
H
' 33
. 33

:

21 :

21
. 21

;

;•

3k
3k

-

Instalment c o l l e c t i o n s as per cent o f accounts o u t s t a n d i n g a t beginning of
month.
.
-