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FEDERAL
statistical

RESERVE

m

release

j&.ifylses*-

LIBRARY

. 0,17 .
JUN 1.01963

. -June 6, 1963
DEPARTMENT. ST0R3' CREDIT APRIL 1963

FEDERAL. RESERVE BANX

Instalment accounts'receivable, at - reporting department stores
L were .unchanged from March, and were.10 per cent above the
yekr-ago level. Charge.accounts receivable were 3 per cent higher
than in March-. Collection ratios in April were down slightly .from
the preceding month. All types of sales rose, as is usual in April.

OF RICHMOND

Department Store Credit.
Accounts Receivable
| Percentage. increase" • Collection Ratios l/.
Percentage distribution
or,decrease from:
Month ago Year ago
•Apr. 63 Mar/63 Apr. 62 Apr. 63 Mar. 63 Apr. 62

Item

Charge

,

'

1

/ ... - . 1- i
Instalment|

.

0

- 10 ' •

4l •

40

'

.- 60 •

59-

. 57

1

>

7

16 - -17
' • ,• i

17,

Department Store Sales
Percentage increase * ;•
br decrease from:
' Month aero • ' Year ago
Total

• . 43 ...
.

8
15

beginning of month, .




|

0

•

:

40 .

41

/
z

=" 100"

100.

100

: - % , .43

2
'•

Instalment

*

-1

Cash' Charge

'. ." Percentage distribution
Mar.63 • Apr.62
Apr.63

.

.

41

••

17

' 17

'

16

'

..

DEPARTMENT STORE CREDIT -.APRIL 1963
Sales by Type- .
Percentage increase or decrease (-)

Month
ago

Cash sales

1

Boston
New York
Philadelphia
Cleveland '
Richmond. ,
Atlanta
• Chicago
St.Louis
Minneapolis
-Kansas. City
Dallas.
San Francisco

Total sales

1
I

Federal
Reserve
Di-strict

sales
Year ' Month • Year. , • Motith • Year
ago
ago
' ago
ago
ago

* 18
.
.
8
.2 .
14 • ••
8
3
13
8
0
.
7
9
12.
.

2
22 .
. 12 .
-1
-4. .. .. 2 ;
-1 , : ll
2
4
7 . irW;;-:':
li
6
2
' 9 .
-2
7 -1
7
11; •
7
.6
11 •

o"
2 .•••u -27
. >.
o
0
.' 6 I
-2
5 .
.-2
: 6
- •'•••
• -6
.1
" -3:
-8
- .14- .
. .o
If
. 2 : 24
- -6
0
5
6
-1
5
y 11
.5"
. 5 '- -15
1 .
.6 .
5
i5
3 '
-19
-6.-,2
3
8
-2
-6 . .
-2 . •
5
20
16 *
1
.
. 3
9
18
.1
.
13.
10.
'. 7

:—1
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
Dallas
San Francisco




Charge accounts • Instalment
Year
Month
Year . Montha go "
ago . ago . ago
i

.

3
1
•-5 '•
-5
.7
0
o. .1
. .7
•;-.":4::. >•
2
0
. 3
12
2
. 9
7
35 .
1
1.

k .
—2. -

• Instalment
sales
Year
Month
ago : ago

:

8
20
6
6
5
.14 *
8
; 7
b'
-2
2
- —1
I
0 ' 9
12 "
0
.
'•