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to

11.-:'1

board of g o v e r n o r s of t h e f e d e r a l r e s e r v e s y s t e m

October 3 , 1946

G.17.2

R e t a i l Instalment Credit •
a t F u r n i t u r e , Household A p p l i a n c e , and Jewelry S t o r e s

i

August 1946

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 f u r n i t u r e and j e w e l r y s t o r e s
i n c r e a s e d s l i g h t l y i n August, a l t h o u g h some d e c l i n e i s u s u a l i n t h i s month.
Household a p p l i a n c e s t o r e a c c o u n t s , r e c e i v a b l e rose f o r t h e . s e c o n d s u c c e s s i v e
month, and c o n t i n u e d w e l l above t h e low l e v e l p r e v a i l i n g i n 1945*

Accounts

• r e c e i v a b l e a t f u r n i t u r e s t o r e s , showed a - g a i n of^34 per c e n t compared w i t h
a year, e a r l i e r , w h i l e t h e s e a t j e w e l r y s t o r e s were, up 41 per c e n t . The August c o l l e c t i o n r a t i o , oh i n s t a l m e n t accounts a t household!
a p p l i a n c e s t o r e s remained a t t h e J u l y l e v e l of 55.,pdr c e n t , '

Increased , •

c o l l e c t i o n s a t f u r n i t u r e and j e w e l r y s t o r e s r e s u l t e d r n c o l l e c t i o n
of 2 7 per c e n t and"33 per c e n t , r e s p e c t i v e l y .

ratios .

Collection r a t i o s a t the

t h r e e kinds of r e t a i l o u t l e t were above t h o s e " f o r t h e c o r r e s p o n d i n g month
of 1945.




'

•

.

V

9/

' I n s t a l m e n t Accounts Cutstanding and C o l l e c t i o n R a t i o s
{ A c c o u n t s : . o u t s t a n d i n g . a t end of month
December 31, 1939 - 100
Hous E o H
Jewelry
Furniture
appliance
stores stores
stores .

ollection,ratios
Furniture
stores

Household ,
.appliance^
stores

1/
•Jewelry
stores.

-1944- ,
• July
August
September
- October
lv over.be r
December
1945

.42
41
42
--43'
45
48

5
5
5
5
5
5

•••44
43
.
44 .
45 - '•
' 49;
.
71
• -

23'.
. 24. .. .
.24 ' ;
26
.2-4
.
25

' .29
32
' 33
• ' '36
" 37
. 59 .

31
' 31
. 32
- 34
* 34
, ••
"49

.. -•.

. -January
- February
Inarch
' April
-key
.

44
. 43
42
• -42

<2
July,'
. V42August •
41
.September"
• 42
-. Oc-to.be-r •
* " 44
November. " * 45 .
. December - 50

4
4
4 •
4
4
4
4
4
4
::::4v
4
5

•6255
51 •• '
49
'
50
*"
50
' r•
48 . .
46 , .
45
•
.
45 •
48 . . . .

76

21 .. •
24
22
23". '
2324

23 '

2 -3 * '
27

27= '

•- 35
52
' 36
. 56' .
.40
43
• 42 .- ••
.48 V
• 49-.52
- 51 "
..48

-/ 2 9. .
28 .
32
.
30-.
33
33
• 3.1
31
30
31
35
46

5
•5 '
5
5
6
6
7
8

68

52 ' • .
.32
. 52 ' •
' . 29
: 54. "
32
56 .
32 '
27 •
' 5b
33
26
.55 ' ' '
32
'26 '
55
• 32 •
27
- 33 • •'
•- : :V." ' U ' ,32;

63
, - 24 ,
ei . - , 27
62 . .
. ' 28

63
65
64
65

.

p - Pre lir.di narv.
V 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 month as per ' c e n t .o
• b e g i n n i n g of month.




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'1946 ~
January ' •
48
February
49 .
Larch
" , 50
April
'
' 51
Lay
-- 52.
. F.3
•July
53
August p
•

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