Full text of G.17 Department Store Credit : March 14, 1962

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"a.17 ' I

' "March 14, 1962

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DEPARTMENT STORE gHEKLT. - JAMJARY 1962 .

I n s t a l m e n t a c c o u n t s r e c e i v a b l e a t r e p o r t i n g department ,
s t o r e s , d e c l i n e d 3 p e r . c e n t i n J a n u a r y "but were above t h e y e a r e a r l i e r l e v e l . C o l l e c t i o n s on i n s t a l m e n t r e c e i v a b l e s were 16 p e r
c e n t of t h e amount o u t s t a n d i n g ' a t t h e b e g i n n i n g of t h e month.
Charge accounts, r o c o i v a b l o f e l l 18 p e r c e n t iri J a n u a r y .
and were l i t t l e changed from a y e a r ago. C o l l e c t i o n s on t h e s e
a c c o u n t s wore 47 p e r c e n t of o u t s t a n d i n g s a t t h e b e g i n n i n g of
t h e month.
'
—
S a l e n a t r e p o r t i n g s t o r e s dropped s e a s o n a l l y i n J a n u a r y
b u t -were 9 p e r c e n t above t h e volume i n J a n u a r y 1 9 6 l .
Changes i n Department S t o r e S a l e s and Accounts .Receivable

Item

S a l e s d u r i n g month;

. .

Total
,Caoh
Charge
Instalment

.!

Accounts r e c e i v a b l e , end of month;

„

Percentage increase or .
d e c r e a s e ( - ) ' -from;
Year
Month •_
ago.
ago
-58
-62
' -60
-49

1

Charge .
Instalment

.

9

j

, - 1 .

-18
- 3

7

Item •

Collection ratios l / : .
""

, ' •

Charge a c c o u n t s
Instalment" accounts

P e r J p n t a g e d i s t r i b u t i o n of s a l e s 1
JF.
.'
'
..

Cash
- Charge ' Instalment

Jan.
1962

. II

C o l l e c t i o n R a t i o s and P e r c e n t a g e D i s t r i b u t i o n of S a l e s
Jan.

1961

r

kj

16
42-

;S. :

ti

15.

17

1 / C o l l e c t i o n s d u r i n g month a s a p e r c e n t a g e .of a c c o u n t s ' r e c e i v a b l e
a t b e g i n n i n g of month.
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DEPARTMENT STORE CREDITJANUARY 1962
"Sales "by type
Percentage.increase or decrease (-)
" - Federal
Be serve"
' -District
Boston • •
Hew York
Philadelphia
Cleveland
•Richrnnd, Atlanta
. 'Chicago
S t . Louis
Minneapolis .
' Kansas C i t y .
Dallas
Sari F r a n c i s c o

i Total sales

Cash s a l e s .

Month
9-30

Year
ego

Month

Year
" ago

-60

13

-64

10

-—56

10

-61

- 15

-59
-62

10

• 1
-60

-60

:11

12
9

8

3
1
- 3

6

10

-61

-59

-64

-62 ,

-66
-62
-61

11
15
10

6

-67. -63

-63 :
-60
-64

Charge-account
sales
Year
Month
agp .

2
1.
- 1

-53
-bO
-bO.
-63 -62

-57

-61;

-63 *
-59 '

%

'

18."

.17
14
- 1:
•

12

6

I

4
- 3 <

6

Instalment
sales
jybnth
ago •
-40
-52
-50
-47
-50
-52
-53
-41
-45

Accounts, r e c e i v a b l e - y end of ironth •
Percentage increaco or decrease (-)
Federal
Charge a c c o u n t s
Year
Month '
Reserve
• a.qo
ago
District •
•- 2
Boston ,
" " -2
-20
Nevr York
-17 .
Philadelphia
Cleveland
-0
-39 .
2 Richmond _
' -19
2 •
Atlanta
'
' 2 :•
1
Chicago
• 0
-17.
S t . Louis
Minneapolis
-29"!
-4 '
Kansas' C i t y
" -1 .
-21 - |
Dallas
-1
San Francisco
,,,
•
• " -J




1 7

u

• 1

i Instalment •
Year
i Month
arco
' a,10.
.
16 • .
8
1
.
1
3
• -•6
- 8
- 1 1 • . " 17 ••
2
' •-' 1
- 54
7 .
2
•W3VQ
5
11
- 4
. ' t) 11
10
2
f