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BOAED OF GGVEEJ0E3 OF THE FEDERAL RESERVE SYSTEM
G.l6

June 8, 1961
EETAIL FUBNITUEE BEE OFT FOB APBIL

I96I

Instalment accounts r e c e i v a b l e of r e p o r t i n g f u r n i t u r e
s t o r e s declined s l i g h t l y i n A p r i l and continued about 5 >cr cent
"below those of a year e a r l i e r . The rc.te of c o l l e c t i o n slackened
somewhat, amounting i n A p r i l t o 11 p e r ccnt of f i r o t - o f - c o a t h
accounts outstanding compared with about 12 p e r cent f o r e a r l i e r
months of the y e a r .
T o t a l f u r n i t u r e s t o r e s n l e s shoved l i t t l e change during
A p r i l . A d e c l i n e in cash purchases was o f f s e t by Increases in both
charge and instalment b u s i n e s s . I n s t a l n e n t s a l e s , which account
f o r a s u b s t a n t i a l p e r t of the t o t a l , continued w e l l below t h e i 9 6 0
volume, while cash and charge s a l e s showed l i t t l e change.
F u r n i t u r e Store S t a t i s t i c s f o r A p r i l 1961

Iter.
Net s a l e s during month
Total
Cash
In s ta lme n t
Charge account
Accounts r e c e i v a b l e , a t end of nonth
Total
Instalment
Charge account

"percentope chunw from:
j Jan. A p r i l I960
to
1 Month Year
aro 1 Jan.- A p r i l 1961
1 ai co
i
0
-4
+2

-11
- 2
i1 -15

|

; -

1
-1
- 1

:

-1

i

n

-12
+ 3
-1Y
- 5

1

1
|

!: -

6

5
1- 6
1
1

Apr. | Mar.
1961
; 1961
Collection r a t i o s on instalment accounts i / i

!

,

12

XXX
x

XXX
XXX

Apr.
I960
12

_!/ C o l l e c t i o n s during month, ua percentage of accounts outstanding a t
beginning of month.




G. 16

— 2 -

! ~

0

T

..

i

"11.

-2
- 1 2
+ 6
>5
+11
+14
+

9

- 1 0 1
-221

- 6
+20

+19

+ 2
- 4
+14
+ 3
-16

- 2

+ 2

-15

.. j

t

j

Charge-•account

instalment
sales
Month J Year
ano ; ano

- *

! +>

U. S. T o t a l

• *
JL^l,
Month! Year
a no '
- 7 j
+?~,
-13
-11 «
+10 i
-18
+40 i + 1 6
1
+12
- e
- 4 ; -15
- 8
- 1
i
+10
j
-10
1

j
| T o t a l n ot s a l e s 1
, Month
Year"
ian0
1
Ecstcn
I
-3
1 - V t
:
New York
-11 . 1
-11 !
17
Philadelphia ;
- 1 :
i
CloTelcnd.
,+ 3-j
-25
Ri chmond
,
+13 j
1
- 5
Atlanta
i
+13 i!
- 8 !
|
+ 5 i -15 i
C^tdaco
So. loui s
!
0
1
- 1 1
Minneapolis
!
- 4
-14
Kansas C i t y
+ 1
E ' l i a s
;
- a j - 5
Zen Francisco i
-11
1
- 8 1
Federal
Reserve
- District

L.

RETAIL HJfcHlTUEg STOKES - /JrKLL I 9 6 I
S a l e s by Type of Tronsaction
(Percentage chenjee)

Month
a no
- 1
+ 2 9
- 8

j

[ -15

|

1

-10
+16
-16

+ 1 1
0
- 3

i - 7
1 - 2 1
-19
-2?
| - 1 0
j - 9
j -14
! -13
-15
- 8
- 8
| -20

Year
a/to

+ 2

-

5

-13
+ 9
-14
+ 7

'

.+.3

e m u l a t i v e S a l e c by Type of Transaction, and
Instalment Accounts Receivable
(Porcwntace chance3)
j I n s t a l ment
Cumulative s a l e s , J a n . - A p r i l
j receivables,
chan, :e f r o n I960 to 196l
i end of month
Year
Cash | I n s t a l - 1 Chcrae- j Month
j Total
ar.o
' account {t euro
ment
1
- 6 j - 7
+ 3
-2
Boston
f " 7
1 " 8
7
- 2
-2
+32 I -17
Mew York
- 3
-11
' -1
-20
Philadelphia ! -18
-19
i
-21
- 3
-32
, n.a.
' -30
..Cleveland
' "2
- 2
+ 8
-1
- 6
- 8
Richmond
- 7
- 4
+12
0
Atlanta
-12
-13 j -13
- 6
-2
-18
Chicago
-11 | -21
1 -18
- 4
-1
S t . Lcuis
-11
l - 8
- 1
- 5
+ 3
-1
-10
Minnecpolis
| -10
- 4 ! -11 - !
+12 I -13
Kansas City
-1
j + 1
2
- ^
Dallas
! +3
-1
-10 | -14
-11
- 5
- 1
Son Frsncleco ..." 9 . . . + 1 ? i . - 1 8 . .
1
2
!
"
1- " •
Federal
Reserve
District

j

! "

U. 3 . T o t a l

-12

-17
+

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




3

i

t

"

5

' 1

-1

- 5

-16
- 4
- 8
+ 3
+13
+ 6
. - 1