Full text of G.16 Retail Furniture Report : November 6, 1961
The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
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 + 1 - 7 + 9 -11 0 - 3 - 4 -1 3 Sept. j Aug. Sept. j 1961 I960 12 11 | Collection r a t i o s on instalment accounts l / j 1961 • 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 1 Year Month 1 ago ago ago j 1 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. j 1 - 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