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F E D E R A L

R E S E R V E

s t a t i s t i ca

G.17
. DEPARTMENT • STOEE CREDIT. - . JUKE 1961
I n s t a l m e n t a c c o u n t s - r e c e i v a b l e o f ' r e p o r t i n g department
s t o r e s a t t h e end of 'June were s l i g h t l y "below t h o s e of a month
e a r l i e r "but continued somewhat above t h e - i 9 6 0 l e v e l . C o l l e c t i o n s
on t h e s e a c c o u n t s d u r i n g June amounted to I p p e r c e n t of t h e amount
o u t s t a n d i n g on the f i r s t of t h e month, about t h e same a s i n May.
Charge a c c o u n t s r e c e i v a b l e showed s m a l l d e c l i n e s d u r i n g
t h e month and o v e r t h e y e a r - p e r i o d . " The r a t e of c o l l e c t i o n on
t h e s e a c c o u n t s was unchanged a t 48 p e r p e n t .
,Department s t o r e s a l e s , w h i c h - u s u a l l y show l i t t l e change
in J u n e , were 2 p e r c e n t belpw tho.se i n May.' .An i n c r e a s e i n
i n s t a l m e n t s a l e s was more t h a n o f f s e t by d e c l i n e s i n cash and
c h a r g e - a c c o u n t - s a l e s . . S a l e s .of a l l t y p e s were l a r g e r than i n
June i 9 6 0 .
. '
Changes i n Department S t o r e - S a l e s .and Accounts R e c e i v a b l e

Item
S a l e s d u r i n g month:
~

P e r c e n t a g e change from:
Year
Month
ago
•ago .

*

Total '
. J
Ca.-h Crge
_
Ir,uvcalment •'

Accounts r e c e i v a b l e , end of month;

, •
." ' i
;J

+3 '
+3
* 1 ^
- +8 -

" ' T2 '
-1 .
-6
-2
• "I

Charge
'
Instalment

;

-1
+2

C o l l e c t i o n R a t i o s and P e r c e n t a g e D i s t r i b u t i o n of S a l e s

Item

Collection r a t i o s ' l / :
"
™

' " Jiris . ' May
3 9^1 1961

»

Charge a c c o u n t s
Instalment accounts

:

P e r c e n t a g e d i s t r i b u t i o n of s a l e s ; . Caph
Charge '
Instalment -

'
...
-

v

48
15'
43
41
16

' 48
15
: 43
" -42
-.15

June
15)60
48
15
43. •
42
15

l / C o l l e c t l c a a d u r i n g month a s a p e r c e n t a g e - o f a c c o u n t s : r e c e i v a b l e
-

n n i n g of month.
a t begi


DEPARTMENT STORE .CREDIT - JUNE 1961
;

Sal.es tiy typ'e •
( p o r c c n t n g e changes')
• * Federal. :
•...Reserve'
•
. District
Boston *
Hew York
Philadelphia
.Cleveland
Ri chKond
•Atlanta . C h i c a g o ..
S t . L o u i s "• Minneapolis ,
Kansas CityDallas
San'Francisco

j Total sales
Month
. ago

Year
- ago

- 2
+ 3
0
! - 1
.
•
- 5
-12
- 4
- '
- 9
.+ 8 \
- 5
-lb
-.2
1
1

|

+
? /+4
+1 •
+5 .
+5
0 :v;v
i .:
"K3 :
-1
"

+1
0
+5.

Cash s a l e s

Charge-account
• sales
Year
Month
ago
SRO

- -

Year
c&o

Month
ago '

- 2
+3 . '
>2
+ 3 •
; +!••
•*
1,
+6 0.. 0
+3

:
- 3 .
- 4'
-1..
+
+.4
3
- i
. • +1
i
- +2 .•• •!
-14
. +6: • I
- 1
"

- 2
+ 2
- 1 >:m

0'
+ 3
0
- 1

- 2
. +13
+10
> 9
+ l'
+ 5
+ 6
+19
+ 4
( f 4
-14
7:'•
0 - •'a,-:- • + 7
0.
-15 - 7
+ 8
0.
+22
+ 1 /
- 2
- 2
+ 1.
- 2'
- 6 . '
+12"
0

-io
-1-5
: " 7
-12
-11
-21
- 6

. Instalment
.sales
' Month
Year
ago
ago

.

1

!

^ A c c o u n t s r e c e i v a b l e , end o f month
(Percentage- changes)
Fcderal
Reserve
District
Boston
'New York
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
S t . Louis
Minneapolis
Kansas C i t y '
Dallas •
San F r a n c i s c o .




Charge a c c o u n t s
Instalment
Month
Year
Month
• Year.
. ago
' ago - • ago ago
-2 .
• +1
-0
-5
-4
+2
' -3
.. + 7 .
-2 .
-5 ,
-2

'

-2 .
Q
+2
' : -9 +2

0
-1
-2+2

+1
+2
.

+3
\+8
-1 .
• -3.

0
' -3 •
-1

. +18
- 4
- 2
+12.
..."+ %
- 4
- 3
+'3
}+ 8 \
+ 7 . + 6
+ 3
'

•