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FEDERAL

RESERVE

statistica

G.l6

August 6, 1961
KEIAEL FJ3MTUBE REPORT FOR JUNE 1961

Instalment accounts outstanding at reporting furniture
stores on June 30 were about the same ao a month e a r l i e r and continued to be about 5 per cent below those a year ago. Collections
on thece accounts during June as a percentage of first-of-month
accounts outstanding declined s l i g h t l y from the rate of 12 per
cent which prevailed during inost of 1961 and in the f i r s t eight
months of l a s t year.
Furniture store sales wore in about the some volume in
June as in the preceding month.
Charge-account sales declined
undo rat ely following three months of expansion. This decline was
o f f s e t by an increase in cash sales. Instalment sales showed
l i t t l e change from May to June but the year-to-year declinc^in '
t o t a l sales of reporting stores continued to be concentrated in
the instalment sector.
Furniture Store S t a t i s t i c s for June 1561
PorccntcKo chcn^e from:
Jan.-June I960
to
Jan.-June 1961

Month jYear
a no I a gp
Net sales during month
Total
Cash
Instalment
Charge account

0
+3
O
-3

Accounts receivable, at end of month
Total
Instalment
• Charge account

0
+3

+1

1961
Collection ratios on instalment accounts 1 /

\*l

j -10

i + 3
- 5
- 5

- 9

U

- 2

XXX

- 6

XXX

Kaj I
1961

I960

12

12

1/ Collectione during month ao percentage of accounts outstanding

Digitized for
at FRASER
beginning of month.


IVtP,

0.16

— 2 —
RETAIL FUMITTJHE 370235 - JUNE I96I
Sales by Type of I r a n s a c t i o n
(percentage chcnges)
Total net s a l e s
Year
+ 4
+ -3
0
- 9
+ 2
- - 3
- 7
<2 .

+12

4. 5
-10
-22
- 1
-10
-15
-12
-10
+ 6

. -10

+11

- 1
- 4

- 6

+ 1

Instalment
2£_
Year
ago

Cash s a l e s
l onth

lion
_£So

Year

+ 3
+ 1

+11

+ 9
+ 1
+29

•- 4
. +24
-

-

6

+

2
G
1
9

+ 2

- 3
+ 1

2

-20
-10

-

+:6
-10
. +20'
- 3
-r 3

- 3
- 3
+19
>15
+27

+ 2

2

- 3

-11
-24
- 1
-10

-17
-13

'i^th'

Year

+ 2

+17
>19

+ 7
- 5
+ 4
- 9
-15
- 7

3-j s ton
vie*.-; Yorl:
Philadelphia
Cleveland
Rich.r on 1
.Atlanta^
Chicago/
S t . Louis
•innegr'olis
Kansas City
Dallas
San Francisco
. y... 3. Total

Cu:.;ul=tive s a l e s , Jan.-June ' " '
cl"anre frc>rf I960 to 1961 .
I n s t a l - 1 ChargeTotal
Cash
ment
I account
1
i

- 2
- 4
-15
-28
- 3
-11
-16
- 9
- 9
0
- 6
- 5

[

- 4

n . a . - Mot a v a i l a b l e .



- 2 1
+34 I
-14
-17
' + 2
-14
- 9
- 4
- 3
+15
- 4
. +20

- 2
-14
-17
-30
- 2
-12
-19
-12
-10
- 9
-13
-15

+ 5" .

-14

.{

- 1
T 1
- 9

-16

-12

-11

- 2

- 3
-17
- 9

+10

+ 3
+ 7

+ 9
+38
+12

-10

-

+ 3

*

Cur.ulativi> v a l e s by Type of Transaction, snd
Ins'talnent Accounts. Receivable
(Percentage changes.)'
' -

Federal
Preserve
District

-12

Instalment
"receiv-ablos,
, end of month
Month
Year
ago
ago

- 1
t- 2
-11.
n.a. .
- - 5
+14
-15
- 3
- 8
- 3
+12
+ 4

0
+ 1
. 0
0
+ 1
+ 1
0
+ 1
- 2
+ 3
0
0

- 5
- 4
-11
-14
0
- 4
- 5
- 4
- 2
- 6
- 6
0

- 2 .

..... 0

- 5