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f%4LRE#.
-August,. 5, 1963
i R T M T ' STORE/ CREDIT

JUNE 1963

Instalmeht accounts receivable at reporting department stores
shoved little changeWring June and continued nearly one-tenth larger
.than a year earlier. Charge accounts receivable declined-somewhat in
. Jiane but at, the month-end were .slightly above the amount outstanding on
June 50, 1962. Instalment accounts were collected at about the same'
rate as in the two preceding months but- collections on charge accounts
were at a somewhat slower rate than "in May ._
Department store sales,- which usually decline in June, were
down 6 per cent from May at reporting "stores. Both cash and credit
sales declined during the month but were larger .than in June 1962.
Department Store Credit
Account S;Receivable
Percentage increase
Percentage distributionj Collection ratios 1/

Item

.1

Charge
Instalment

June *63 May '63 June'62

Junef63 May '63 June'62

Month ago Year afeo

48 "

49
: 16

58 •'

. 59'

59

' 9.

:

42

41

-/ 41

'

Department Store Sales
Percentage increase ^
or decrease from:
Year ago,
Month ago
Total

Percentage distribution
June 163

Cash -

2

Charge

'1

Instalment

-

May J 6 3 100

10b ; .

....' -

- 5'-'.:

/ : .of month.




9

'

:39 '•

\
. ,•

•

:

"'43

45-

.

1 8

'
,

June *62
'100

t

V

45

59
'18

17

•,48"17

DEPARTMENT STORE CREDIT - JUNE 1963
Sales by Type
Percentage increase or decrease (-*)

Total sales'

Federal . _
Reserve.
District
Boston " .
New York
.Philadelphia
Cleveland
Richmond .
Atlanta '
Chicago
St•Louis
Minneapolis *
Kansas' City
Dallas
San Francisco

Month
ago
-

6

-

3

-

.

Year
ago
-

-

Year..
ago

Month,
ago

1

- 6

5

-.3

. .

>

3

-

7

2

-

5

9

4

- ;7 •

-11

5

-10

-

6

8

-

-11

4

-

6

3
-

5 .

2

3

-

Boston
New York
Philadelphia
Cleveland
Richmond
Atlanta
Chicago .
St.Louis
Minneapolis
Kansas City
Dallas
dan Francisco

-

-

3

L_.
l'

'•

-

4..

-10




0
-3
-1 . •'
•

-3,;::

3
2

-4

-2 •
3

:
2.

3

2
3
.5

3

,7.

-3
-6
-3

5

3
'

o

'

-15

. -

4

-22

-

1

-12

-

4

-1
2
- 1

2

-

8

-

3

-

6

;

: 20.
P ' *
4

. - 1
. . -1 '
0

~

1

0
• *. - 1
-

3

- "

; 5

6

-

2

2
9
•-10

•.

\~
.

13
16

2.

. '

.' \ . - / ' K 4 :

:•

3

9
.

15

5-

Charge accounts .Instalment
Year •
Month '
Year
Month
ago
ago
ago ago.

-2=

8

1

4

— Accounts Receivable, end of month
Percentage increase or. decrease (-)
Federal
Reserve '
District

1

-10

9
= 7

.

•-

-14

.

-15

0

3
•9"

-10
- . - v 6,

1

-

6
.2

•

4

- a

-

.

4

6

-14

•

2
,5

.

-11

2

2

8

7

-

.5

2

-10

-

4

7

-16

-

"

1

.

•5 : ,•••

9

-

Instalment
sales
Year
Month
ago ' • ago

Charge-account
• sales
Year
.Month
ago
. ago

Cash sales

.1
5^

.
.

.

9
7