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BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTM
G.l?

January 7, i960
DEPARTMENT STORE CREDIT - NOVEMBER 1959

| n s t r l r a c n t account r e c e i v a b l e s a t department s t o r e s i n crc 2scd I4 p e r ccnt during November 'and vere 16 per cent above a
year ago. Payments on i n s t a l m e n t accounts uere .15 p e r c e n t of ^
o u t s t a n d i n g s a t the beginning of' the month.
Charge account r e c e i v a b l e s i n c r e a s e d 11 p e r cent during
November onti vtrc 7 per cent above a year ago. C o l l e c t i o n s amounted
to 1[8 ocr ccnt of o u t s t a n d i n g s a t the" beginning of the month. T o t a l s a l e s a t r e p o r t i n g s t o r e s were"7 p e r cent"above the
preceding month and 5 per c e n t above November 1958.
'*
Changes i n Department Store Sales and'Accounts Receivable
Percentage change from:
Month
Year
ago
ago

I tern
S a l e s during month:

Total . . .
Cash
Charge
Instalment

•
•.

,
•

•
• ;

Accounts r e c e i v a b l e , end,of .month: • Charge
Instalment-

> 7
+ 10
+ 6
+ 3

+ '5
+ h
* 5
>10

+11

+ 7
+16'

-

C o l l e c t i o n R a t i o s and Percentage D i s t r i b u t i o n of Sales

Item

Collection ratios l / :

'

Charge accounts
I n s t a l m e n t accounts ,

Percentage d i s t r i b u t i o n of s a l e s : /Cash
'
Charge
Instalment

\

Nov. ,
1959-

Oct.
.1959

hQ .
15 . '

hQ
15

LL3
h2
15

h3
15;

Nov.
1958
li8
15
/

• .

1 / C o l l e c t i o n s during month as a percentage of accounts r e c e i v a b l e a t
beginning of month.
.




h3
h3
lh

•

G.17

*

-

2

-

DYPAlT!Er?r STCBT 'CPT3T.T N0W1PER 19<9
Sales by type
(Pcrcent";;e changes)

:

4- 0
- 8
. +20
-11
^ h
+ 8
* 7
-20
-10
" 3
t 2
. a

Boston .'!•
Turk
Philadelphia
Clevcl-nd
Richr.ond
Atl'ant-aCnica_3
S t . .Louis
Ilinhc a p o l i s
Kansas City
Dallas
San Francisco.
" U. S. f o t " l

Cash s a l e s
Ye^r
l ib nth
ego
ago—

Total sales
I o nth
Year
ago
ago

Federal
Ac : •_ rv-:
district

.

"

1

+ L
- h
+ 3
-12
I + 3
•> P
!! ' + 5
! + 10
|
•- i
: - 5
! * 9 !
! + 3 j

+ 3
. + 3
- 3
+ 11
+ 1
-13
It .
+ 5
• - 3
+ 2
+
s !
.+ L i

+ 15
+ 11
+ 26
+ 13
+ 9
+ 15
+ 3
-23
- 5
+ 1 .
- '1.
+16

•> h

+ 10

!

Charrre-sccoant
s-a c s
Yc-ar
To nth
ago
ago
+ li
+ 7
+17
+ 10
+ 7
-17

!

+ 3
:'17

|

> 6

j

+ 5
+ h
+ 3
+ 12
+ 3
+ 3'
+ 3
+ 13
0
.+ 6

+5
o

Accounts r c c c i v » b l , cnd of r.:onth
(?erccnt~\o chanr:s)
Federal

Ch^rrre accounts
Month 1 Year
ago
ago 1

District

Instalnent
Year
I "o nth
' ?go
ago

!

Boston
_1 "^r I p h i z
Cleveland
: j. cnr.o nd
Atlanta
Chicago
St. Louis
iinneapolis
Kansas Cit%^
Dallas
San Francisco

+ 3
+11
+ 11
+ 25
+ 8
+ 6
+ -9
+ 3
• + 3
+ 5
+ 9
+ 10

U. S. T o t a l

+11

c




j
!

;
!

!
!1
j

!

- 6
+ 5
0
" 9
- 5
'+ h
+ 9
+ 6
+ 1
2
+7
+ 3

+ 3
+ h
* 5
+ 12
+ 3
= + h
+ 2.
+ 2
+ 2
- 1
+ 2
+ 2

+ 7

+ h

+ 3
+ 1?
+ 5
1

1
:

+ 5
+, 8
+ 7
+ 6
+ 19
- o
+ y
+-ih
+ 16

Instalment
s?lcs
Yrar
•*o nth
pro
ago
+ 2
0
+ 1110
• 5
+ h • •
6
-20
-19
+ 1
- 2
+ .7

+ h
- 6
+ 6
+ 16+ 5
- 9
+ 10
+ 13
-20
+ 12
+ 19
+ 7

+ 3

+10

I

j