Full text of G.17 Department Store Credit : July 9, 1962

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July 9, 1962

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DSP.iPTIE'IT STORJ CREDIT - K-iY 1962
Instalment accounts receivable of reporting department storey
- declined 2 per cent—i-n i-ay and wc-re 8 per cent above the year-earlier
level. - Collections on these accounts were 17 P'er cent of the amount out- • standing at the beginning of the. month.""
Charge accounts receivable increased 2 per cent in.May and were 4 per cent above those of a year earlier. .Collections "on these
accounts were 48 per cent of the outstandings at the beginning of the
month, two percentage points abyve the' April rate<but about the-same as.
in I lay last year.
'
'
Sales increased moderately in May and- were 6 per cent above the
Llay 1961 volume. Sales of all' types contributed-'toward-the- increase.
.Changes in Department Store Sales and Accounts Receivable
Percentage- increase or .
decrease (-) from:
• Year
Month'
ago"
' ago .

-Item

Sales during month:-.., Total •
Cash
Charge"
Instalment
Accounts receivable, end of month:

2
3
5
2
-2

Charge
•Instalment

6
". " 5 •
5
• 16
'
-1
1' 4
•
.
.
8

Collection Ratios and Percentage Distribution of Sales

Collection"ratios 1/:
, '

" ' f •.
;
Charge accounts.
Instalment accounts

Percentage distribution of sales:- Cash
Charge
Instalment,

...
..

Is

• May. .1962

Item

- 48
17

16%

48

46
.
17 '

. 42
' 41 '
17.

• May
196.1

.

42
15

l/ Collections during month as a percentage- of accounts, receivable at
beginning of month.




B3PARTI.-3NT -STORE CREDIT - MAY 1^62
Sal'ss by type- .
Percentage increase or. -decrease (-)
rederal
- District

Cash sales

Total sales
* Month
ago

Year
ago
-1
•2
11
10
• 9
6
7
. 11
- 2
2
7

Boston
. •' - 5
- 2
liev/'/crk^"iladelpMa
• 1 . ®
- 11
:Cleyelariii.
4
"Richmond:.:.; - -.
A txaiita
; " 3
11
Chicago
St."Lcais
13
rlinneapolis .
- 3
Kansas City ,
3
Dallas
7
0
San Francisco

8

Month - ' Year•
- ago
ago"

Charge-account
sales
Year.
rionth
ago
ago -

I Instalment •
1 - . sales'
'
rlonth • Year
ago
ago

10
• _ 4 - - 6
•
6'
- - 1
- 3"'
.-2
.1 .
Vh-ik.
- 1 :•
7
3
16
,13
10
1
.
.
3
5
• ' 0
- o- ,
. 30
2' '
:;
10 1
' 8
17
2 "
3 - .
• 7 |
.11.
'2 ,
'
2 :
10
- 2 7 |
' • 2 : / . 3 . .. 14
1 : : '"
•12..
" 5
5
* 10
13
118. •
17
-' . 11
" -10'
' - 1
1
- 5
- 7
- "1 1
6
lk
' - 4
2
3 | ' 4
18
2
'
9 - .
' 5 .
- 7-1 - ' .7
.4 ' • - l " -•*•15
- 2 3' "
-M
I
-

. Accounts receivable', end of month
Percentage increase or decrease (-)
' .Federal
Reserve
/ District
.Boston
New York
'•Philadelphia
Cleveland
Richmond
Atlanta
Chicago
St. Louis
•Minneapolis •
'
;Kansas City A
Dallas
.San Francisco




1

|

Charge accounts • • Instalment
Year. ' .
' Month.L'onrh I Year
agoago
j
ago • ' ago

?

|
-3 %
1
• "
"
*
0
• • ' 8.
••"
1"
- 0
A.A-A#%A
- 6 •
.
- ' '
9
5 .
' 4
j
13
" .A5-::-A
- 2 .
0, .
• " 1 'A A - 1
'
•
j
'7 VA&
9 •
j
3
•. 9
6

' 1
0
0 .
-13 •
A
:
0
• 1
- A 2 :V
"
. - 2 ; ^
: -1
•
/ ' 2% '
- -1
- 2 -.

13

>
4

.

20
: . 4 S .;
,;:;:
: .-2 AAA
' 15
. 312 . 7 '
• -6