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R E S E R V E

G.16

Novamber 6, 1961
RETAIL! ?URNI7tTRZ STORE REPORT FOR S3PT3 31R 1961

Instalment accounts outstanding a t r e p o r t i n g f u r n i t u r e s t o r e s
'./er? about the 3an:2 a t the end of September as a t the end of the previous month, and continued below the y e a r - e a r l i e r l e v e l .
Collections
on instalment r e c e i v a b l e s i n September amounted to 11 per cent of o u t standings a t the beginning of the month.
Sales a t r e p o r t i n g s t o r e s declined in September and f o r the
period January-September 19Si were below a year ago. A smaller volume
of instalment s a l e s more than o f f s e t an increase i n cash s a l e s during
the p e r i o d .
•
F u r n i t u r e Store

S t a t i s t i c s f o r September 1961
Percenta#e change.from:
I J a n . - S e p t . i960
Year
!
to
j J a n . - S e n t . I961
a#o

Item

Month
ago
1

Net s a l e s during month
Total
Cash
Instalment
Charge account

I
3

+3

-

2

+4

-

1

0

-11

0

-

Accounts r e c e i v a b l e , a t 2nd of month
Total
Instalment
Charge account

+ 1
+ 1
+

•

|

Collection r a t i o s on instalment accounts l /

j

1

- 7
+ 9

-11
0

- 3
- 4

-1

3

Sept.

j

Aug.

Sept.

1961

j

1961

I960

12

11

11

1/ Collections during month as percentage of accounts outstanding a t
beginning of month.




G-. l 6

- 2 HelTAIL FUENITtOE STORES - SEPTEMBER 1961
Sales by Type of Transaction
(percentage changea)

Federal
Reserve
District

j Instalment
Cash s a l e s
Year f Month 11 Year
Month
ago
ago
ago j1 ago

Total not sal^s
Year
Month
ago
ago

Boston
New York
P hiladulphia
Cleveland
.Richmond
Atlanta
Chicago
S t . Louis
Minneapolis
Koneaa City
Dallas
San Francisco

+
+
- 1

2
1
2
4
3
9
3
6
0
-10

+ 5
+ 5
-10
0
+14
+ 5
- 2
- 3
-10
+ 4
- 8
+12

- 3

.

+ 3

!-

U. S. Total
"

- 8
+ 4
-10
+ 6
- 9
-12
+ 7
-18
- 1
-24

3

>5;

0
- 9
- 1 5

0
n . a . j1 - 3
: -14
- 5
' - 9 1i + 7
+ 4
+ 3
-20
+14
- 6
+15
+ 4
+ 5
- 9
+10
- 5
- 5
1 + 9
-15
- 7
1
.
-12
: + 9 !j ' +
. + 3
.+ O 1 - 3
+10 I! n . a .
- 8
1
+12
n . a . | +10
+ 4

- 2

:!

+ 7
- 9
-10
-18
- 4
-10
-23

0

- 1

Charge-account
Year
Month
afip
1.

-11

!

Cumulative Sales by Type of Transaction, and
Instalment Accounts Receivable
(Percentage changes)
Federal
Reserve
District
Boston
New York
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
S t . Louis
Minneapolis
Kansas City
Dallas
San Francisco
U.S.Totsl j

Cumulative s a l e s , Jan.-Aug.
change from I960 to 1961.
ChargeInstalTotal
account
- 3
- 1
-12

-25

-

-12

+

1

+ 2

-1
+
-

e

-11

3
7
9
1
4

-

2

- 6

0
0
+12
.+ 3
+27

- 7

n . a . - Not a v a i l a b l e .




0

2

•39
- 9

9 |

Instalment
receivables,
end of nonth
Month
Year
ago
ago

-12

-14
-26

+ 3
- 9
-15
-10
-11

- 5
-14
-12
-11

+10

+ 2

-11
-21
-

2

+17
-11

0
- 7
+ 2
+10
+ 4

- 2

+ 1
+ 1
+ 1
0
+ 2

0
0
0

+ 1

- 4

1

-

I

-21'

!
!
i
1
t
!

+19
0
+ h
-12
+4
-15
- 7

!

i

0