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' U B I M E m FEDERAL
BARK OF CLEVELAND

. "

L{£
•I Xkfst BOARD OF GOVERNORSNOP Tffir'FE.DEEEL RESERVE iYSTEI,
GOVERNORS

V

•.

.

.
''

O c t o b e r 2., , 1945
R&S ri-c
"37

• R e t a i l ,1nstaliiient C r e d i t
,
a t F u r n i t u r e , . * Household A p p l i a n c e , a n d J e w e l r y S t o r e s
A u g u s t 1945

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 a t j e w e l r y and f u r n i t u r e s t o r . e s
showed a b o u t t h e u s u a l s e a s o n a l d e c l i n e ! i n , A u g u s t , whi-le -those a t h o u s e - h o l d a p p l i a n c e s t o r e s r e m a i n e d a t t h e l e v e l of t h e p a s t s e v e n m o n t h s .
I n c o m p a r i s o n w i t h A u g u s t 3 1 , 194.4, a c c o u n t ' s r e c e i v a b l e of f u r n i t U r e '
s t o r e s were i n a b o u t t h e same volume a i d ' t h o s e ' o f
nine per cent h i g h e r .

. .'

jewel-ry s t o r e s w e r e '
-

C o l l e c t i o n s on i n s t a l m e n t a c c o u n t s d u r i r i g A u g u s t i n c r e a s e d
somewhat a t h o u s e h o l d " a p p l i a n c e s t o r e s - , and t h e . c o l l e c t i o n r a t i o r o s e
s i x p o i n t s t o a - n e w h i g h of 48 p e r cent.'., At^ j e w e l r y s t . o r e s t h e c o l l e c t i o n r a t i o o f 32. p e r c e n t was one p o i n t h i g h e r t h a n i n J u l y , w h i l e a t
furniture stores

c o l l e c t i o n s amounted" t o 23 p e r c e n t of i n s t a l m e n t & 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 A u g u s t .




-

- -

2

-

I n s t a l m e n t Accounts 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
KCcounts-

o u t s t a n d i n g a t end of month
December 3 1 , 1939 = 100
<
»
Kousehold:
Jewelry
Furniture
appliance
stores ' s t o r e sstores

.50
48
48;
47
.48.

19
17
15 .
IS11
10

. -

±2

. 42.
42
.42
41
r
l/

Furniture
stores

•

' .62
.
55 _ .
•
51 c
4.9 "; ' .
50
50 ;
'48:
.
7

Jewelry
stores

21
21
21
22
23
. •- 22

34
3433
37
39
55

20 "
'20
23.
23. .
25 .
24 .
23
24'24
2G '
24
23

22

31
31
34

^ :
49
71 '

4
4
4 .
4
'
4
4
4
4

'Household
appliance
stores

22
22 '
/ 21' "
22 .
23
. •22.-

56.;
52
53 .
49 .
47 :
4 5 •44 '
43

. 44r
4241"
41 '
42
42
42
41
-42
. "43.
'4-5•48'

43 •

46 : '
45 ,
45- '
46
•'
50,
' 68 ' ' .

V

Collection ratios

,

:

26
26
28
29
•32
33
36
37
.35

.35
21
•
" • 32
'2i;
•- 36
24
- " '36
22
• ' 40
23
,
43
23
.r42
24
48
23 ;

'

28

30 .
30
•21.
. 3.1
32
. 34
- 34
49

• \

'29
28
32
-- 30
. . '. 3 3
33
. 31
- "
"
32

Revised.
.
I n s t a l m e n t c o l l e c t i o n s d u r i n g m o n t h a s 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 a t
" • b e g i n n i n g of m o n t h .
.

•




h
AdVHan.

100