Full text of G.17 Department Store Credit : January 10, 1966
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statistical release JuiSUjJ January 10, 1966 G.17 . DEPARTMENT.STORE.CREDIT -.NOVEMBER 1965 Instalment accounts recgivab'le of reporting department stores" .were up 3 per cent in November and at the month-end were nearly onetenth larger than a year earlier. - These - account* "were being repaid, on the average, in about ten months, approximately the same-rate as in the past three months. , ......... . — Charge account indebtedness increased in November, as is usual - at this time of year; By the end, of. the month the^amount outstanding on these accounts was 5 per cent larger than on November 3 0 , 1 9 6 4 Department store sales were up 15 per cent from # month ago, ' in line withiseasonal expectations, and were one-tenth above the November 1964 volume.. All, types of sales contributed to the gain, with cash'kales' ^typically registering the largest month-to-month:change. Department i tore .Credit s Accounts receivable; end of month Percentage increase Collection ratios 1/ Percentage distribution or decrease ..from: Month ago Year ago Nov;*65 Oct. '65 Nov; '64 Nov:*65 Oct //65 Nov. '64 Item. Charge . Instalment . . 6 / ' 3 40* 5 ' - 60 9 . 50 :61 '/• 59 • 50 50 18 41™ 39 18. 18 Department Store Sales; , Item • • - f i r Total m Percentage increase or decrease from: Month ago, Year ago 15 Cash io Percentage distribution November '65 . : 12 8 Instalment 14 13 ,'39 •: 100 • 43 ioV- Charge ioo ,October '65 . ! 42 , ' / November 100 43 40 ' :: V 39 18 18 1/ Collections during month as a percentage of accounts receivable at beginning of month.. 1 64 G.17 DEPARTMENT STORE CREDIT - NOVEMBER 1965 Sales by Type . Percentage increase or decrease ( - ) Federal • Reserve District- -Boston New York Philadelphia . Cleveland Richmond. Atlanta Chicago. St. Louis Minneapolis Kansas City Dallas ' •= San Francisco Total sales Month Year ago ago . 18 12 28 21 . 10 12 9 9 2 20 12 20.: Cash sales "Month Year ago ago Charge- account. Instalment i sales sales toonth Year Month Year ago ago . ago . ago 8 24 9 15 , 7 9 17 7 7 - -.10 11 36 13 22. 8. 10 28 11 13 2 12 19 1.2 3 , 12 15 19 16 8 14 12 13 . 12 ' 9 .11 10 . . 17 - , 12 6 9 9 4 6 . 1 1 9 5 20 8 22 1 6 12 .14":: : 3 . . 8 21 - v 7 , 23; " ' 7 Accounts Receivable, end of. month Percentage increase or deete'ase ' (r) Federal Reserve District Charge accounts Month Year ago . ago • Boston . . 6 7 •New York " 7 . . 10 " • • • Philadelphia" 9 4 Cleveland 9 -- 0 Richmond 6 . 4 Atlanta — ; i Chicago 3 5 Stv Louis : 4 . 2 Minneapolis 10 : 7. Kansas City 6 . 18 Dallas 8 . .. . . 6 - .. San:Franciscp 9 / -.1 u 9 . 7 9 11 23 12 26 20 . 9: 9 8 - 16 : :2./ "'/ 13 0 12 -1 19 13 . • 7 10 9 17 ii ^ Instalment Month . Year. . . . -ago' ; • ago • 2 5 5 4 4 4 2 5 3" 2 . 7 5 9 15 5 . 13 ... 7 • .. . 6 7 ' ; •
