Full text of G.17 Department Store Credit : July 5, 1963

The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.

FEDERAL
statistical

RESE RVE

release

July 5, 1963
ST0R3 /CREDIT MAY 196$ \
In^fliaeaJLjLccounts receivable at reporting department- stores,
which usually decline slightly during May, were one per cent, below the
amount outstanding at the .end of-April ancl continued well abo.ve the j
- corresponding period of 1962. Charge"accounts receivable rose slightly
but were unchanged, from their year-ago level, Collection ratios on
instalment accounts were the same in May as in April, but those on
charge accounts rose somewhat.
' Cash sales of reporting stores rose.slightly during May, but
credit sales were unchanged from -the, preceding month.
Department. Store Credit

CLarge

1
,
' .. AccountsReceivable
Percentage increase
Collection ratios l/
Percentage distribution
or decrease froms
Apr. 63 May 62 May .63 Apr.63 May 62
Month ago - Year ago May.63
48
47
•_ -41 - • '44 • 49
• ti;:
0
1

Instalment

'

Item

:

9

59 /

- 59

;

56

16

16

17

Department Store Sales.
Percentage increase .
or decrease from:
Month ago- Year ago

Percentage'distribution
. Apr. 65 May 62
May' 65
loo :

100

100

Cash

43"

'43

42

Charge

39 :

40.

Instalment

18

17

Total.

" 17

if Collections during month as a percentage of accounts receivable at
1
beginning of month.
'
• *




%

DEPARTMENT STORE CREDIT - MAY 1963 •
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 •
" Year
ago

Month
ago
-

Cash sales.- ,
Month.
ego

6
" - 4 ••
3
31
-1
- 2
-3
:
:
1
3 ^
- 2
-3.
1
7
-2 ,
3
. -2
- 3 .
0
.19
1
7

-2
2

-4
2
-4
5
• 4
0
3
1

1

Year
ago

Charge-account
sales
Year
Month
ago
ago

. 6
2
6
2
3
3'
- 4
... .4
1
-11
T 4
: 1
•3
•
1
i :
-11
0
- - 2
- 3
- 3 .
4
3
'
9
4
-5
- 1
• -16
23
6
-1 '

'Boston
New York
Philadelphia
Cleveland
Richmond
Atlanta.
Chicago
St. Louis
Minneapolis
Kansas City
Dallas
S'-.n Francisco




Chaige accounts'
Year
Month
ago
ago
2

:

. I
l
2
-l
2
2
-3
1
-2

1
7
-5
' -1
•: -4
,
6
0
-3
' 5
-1
-4

. V^:>; :•
-

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

! . Instalment "
dales
. Year
Month
ago"
- ago

- 194

: ..

• • Instalment
Month -- Year
ago
: ago

" ^ 0. '
3 "
:i
3
-5 / .
. ' -1 ' •
-7 •
:
-2
! . . .1 .
. o •
1 •
0
. -i ..
:.v':
-1
-2
, 9
.
6
V
-1
1
1
-2 .
-1

6
19
2.
'r

'•: ) 3'';^
12 6
,
4
- 1
0
7
.

1 1

1
1

':
•

8
4
3
. 7
2
4
-17
2
. 8
12