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BOARD OF GOVERNORS OF THE 'FEDERAL RESERVE'SYSTEM
^•17.2

September 6, 1950
R e t a i l I n s t a l m e n t C r e d i t a t F u r n i t u r e and Household Appliance. S t o r e s
.

JULY 19^0

..

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 a p p l i a n c e s t o r e s i n c r e a s e d i n J u l y a t a somewhat f a s t e r . ' r a t e
than i n other r e c e n t months. At t h e end of the month, o u t s t a n d ing b a l a n c e s a t both t y p e s of o u t l e t ' c o n t i n u e d t o be s u b s t a n t i a l l y
l a r g e r than on the corresponding d a t e l a s t / y e a r . .
,
The r a t e of c o l l e c t i o n on i n s t a l m e n t accounts of both
f u r n i t u r e and household a p p l i a n c e s t o r e s was s l i g h t l y a c c e l e r a t e d
. i n J u l y b u t continued t o be slower than i n t h e corresponding p e r iod of 19L9.
.
"

10k

10k

131
168

HOUSEHOLD APPLIANCE:.
1948
1919.
. 1950

103
128
166

126
168

90
131
i8o

90
129
180

128
181

9k

f?

112
131

i

108
127
170

i

i

J a n . |Feb. (Mar.|

FURNITURE:
1918
1949
1950

6

Indexes of Instalment. Accounts Outstanding a t End of Llonth
December 31, 1939 = 100
Sept. ( O c t . | Nov.'| Dec.

116
131
177

117 122
136 111
182.

128
11*6

103 • 112 118
129 13k 1U0
190 1?7 206

124 .131
148 153
219 "'

138
160

17k

128
153

1kO

130
160

171;

138
170

112
183

— = :-'
-

139
167

v
Instalment Collection Ratios
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 percentage of accounts o u t s t a n d i n g a t beginning of month
J a n . |Feb. I i i a r . |Apr. llv'ay
'

HOUSEHOLD APPLIANCE:
1918
1949
1950

Ik
12

10
19
15
12

lit
12
10
17

lk

11

lk

15

15
13
10

18
15
12

lk

11

17,
11

15
13
10
18

lk

12

1
I
is
1

FURNITURE:
1948
1919
1950

16
1.2
10

lit
12
11

17

17
13
11,

lk

10

:1k . •lk
12 11.
17
lit

16
12

I I O T E r — F i g u r e s f o r J u l y 1950 a r e p r e l i m i n a r y and s u b j e c t t o - r e v i s i o n .




I Oct. |Kov.|Dec.

lk
11

11

Ik

10

lk

16
12 :

15'
12

15
12