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BOARD OF GUVNORS. OF TIB FEDER/.L RLSLRVL SYSTEl.
O c t o b e r 3 , 1545
R&S d s c - 35

DEPAPTi.3R? STORE Ci
:

AUGUST TS45

I n s t a l m e n t - a c c o u n t s o u t s t a n d i n g a t , d e p a r t m e n t s t o r e s . , showed
l i t t l e c h a n g e d u r i n g A u g u s t a n d c o n t i n u e d s l i g h t l y b e l o w t h e l e v e l of a :
y e a r &go.
C o l l e c t i o n s on i n s t a l m e n t a c c o u n t s i n c r e a s e d d u r i n g t h e m o n t h ,
a n d t h : c o l l e c t i o n . r a t i o r o s e t w o p o i n t s t o 33 p e r c e n t .
The ' a v e r a g e
p e r i o d i n s t a l m e n t a c c o u n t s wore.- o u t s t a n d i n g ' w a s . ' a p p r o x i m a t e l y f i v e m o n t h s , a b o u t t h e same l e n g t h of t i m e a s i n . A u g u s t l a s t ' y e a r .
C h a r g e a c c o u n t s r e c e i v a b l e ' r e m a i n e d a t .. t h e J u l y l e v e l , b u t a t
t h e e n d - of A u g u s t v / e r e > r i r e p e r c a n t l a r g e r t h a n a y e a r a g o .
Collections
on c h a r g e a c c o u n t s d e c l i n e d s u b s t a n t i a l l y , a s i s u s u a l i n t h i s m o n t h ,
b u t v.-erc 12 p e r c e n t h i g h e r t h a n , i n t h e c o r r e s p o n d i n g m o n t h l a s t y e a r .
C h a r g e a c c o u n t s w o r e o u t s t a n d i n g a p p r o x i m a t e l y 48 d a y s , a b o u t t h u same
a v e r a g e i-.s f o r A u g u s t 1 9 4 4 .
'
•
1 he v o l u m e o f c r e d i t - s a l e s a t d e p a r t m e n t s t o r e s showed l e s s
t h a n t h e c u s t o m a r y s e a s o n a l e x p a n s i o n f r o m J u l y t o A u g u s t . 'Cosh s a l e s ,
v;hi ch a c c o u n t e d f o r 65 p e r c e n t - o f t h e t . o t a l , i n c r e a s e d 12 p e r c e n t d u r i n g
the month.
Of t h e t h r e e t y p - s of t r a n s a c t i o n - , . , o n l y i n s t a l m e n t s a l e s
were s m a l l e r t h a n a y e a r e a r l i e r .
"Department S t o r e S a l e s , A c c o u n t s R e c e i v a b l e . and C o l l e c t i o n s
P e r c e n t a g e change from: .
J u l y 1946
f . A u g u s t 1944 •
to
to
A u g u s t 1945
A u g u s t 1945
S a l e s d u r i n g month
Cash
Instalment
Charge a c c o u n t
A c c o u n t s r e c e i v a b l e , e n d of m o n t h
Instalment, accounts
Charge a c c o u n t s
C o l l e c t ! o n s d u r i n g month
Instalment accounts
Charge a c c o u n t s
. ••
S t a t i c of c o l l e c t i o n s
month

•
+12
+22
+12
- 1
0

:

.

•-' .

-

+ i
-1.2

+9
- 5
+6
- - 3
+ 9
- 5

. . . ^ , .

d u r i n g month t o 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
'A
August
July
.1945
4944

Instalment accounts
Charge a c c o u n t s




' .33
G3

'

31
62 . '

34
64

.*

#
Indexes;
1941 a v e r a g e = 1 0 0
C h a r g e - a c c o u n t ;:r I v r
I n s t a ] L merit
sales
July
j / ' U g .
Aug.
July
Aug. .
; if;;4
-19 5
.1944
1P45
1945
1945

.Cash s a l e s
uuiy
Aug.
194
5
19&5
:
;

zcstcn.
hev; Y o r k .
RhiLad-lphi'a

j
,
j

Atlanta
. '
:hic g o
j
StLouis
|
Minneapolis
j .
rh-nras J i t y
j
LaL.laz "
' j.
San F r c r c i r c o j
L. &. Tot:.].;

' ur .
1'H-

125

134

51
63

60

74

73

57

4 7

57

45 •
62

59
57 1
86

44

54

v7
74
71
79
' 56

86
103
104
126
57
109
105
114
145
111

61

4 f)

GO

90

r42

125

132

j

117

i

12-1

-i

61

4 •_

163

j

150

:

141

I

oO

176
: 1G2
: 255

5'6

'-15C

,

165

177

i

i r e

£77
194
205
222
257
325

.

2 - -

i

151

2, 2 .

rlGO

171

i

167
197
245
267
227

1 rl53

j

107

1

:

179

.

191
r:35
257

i

22 D

6 1

1

i

.

79.

i
-

56
69
rG2
52

1 .-'-67
,i
67
63

77
•

£ 2

|

5 2

58

j

46

-

j

7e

69
78

; -

9c
97

89
105
E4
ps
39
rl02
rl2L
105

122
92

101
95

|
|
|I

111
131
108

1

|

6 5

•

93

I

A c c o u n t s E c c : i v a b l : anu C o l l e c t i o n s , by . F e d e r a l . y . o s c r v e D i s t r i c t s

' .- F e d e r a l
Reserve
Listrict

j-'.c c o u n t s o u t s t a y . - - r r , ..: n d of m o n t h
Collection
ratios *
~ e = 100
: Indexes;
1-1
Instalme nt
;.i a c c o u n t s .
Oh a:rgo a c c o u n t s
i
I n s - r Im.e T
; - ' u r . ! J u l y A u g , A u g . | J u l y ^ u g . A u g . "July
! - U 5 . 1 Jul:
19,5
1945 1945
1944
19 ; 4
1946
i : : : 1 1 9 . 1 I f 4 4 i 1945 ; 1945 1944

;

Eeston
I -29
!
3c
Lev; -York
Philadelphia 1 . 30
•Cleveland
1
31
!
58
RichmondAtlanta
j! 4 1
•26
Chicago
S t . .Louis"
29
35
Linneapoli s
34
Xar.s" ~ C i t y - "
3c
Da 1 1 a .
\
San F r a n ejus c o • . 25
U. £ . T o t a l

l

30
37

1 30: !
35
;

1

74 i
66- :

31

':.

72

31

32

i

80

39

J T :^-74
41
63

31

39
-25

!

1,'otc-:

77

80

75

72

78
75

31
29.

60
76

32

76

76 j

d'.rir.r month as p e r

c e n t of

35

32

Ther-.

34

• 35
' 26
27
36

r72

25

•

65

•

76
87
77

35'
35

66
72

75

61

30

33
33

I

<* - C o l l e c t i o n s

76
80

77

. 25
28

68
62

-75

31

Tr29

27 '

i
i

|

80
7i

'

"

|
1

74

. 42

67
73
78
71

. 40
31
" 40

70

33

41

25
27

-31
32

26
26
36'
r38.

• 31
28
' 32
36
28
31

63
62

53
52
62
61

55

54

52
70
67
73
71
60-

62 -

54
53

!

37

40

r40.:
28
40

42
36
40

52
70
68
76 .
74
64
'
73

31

34

63

44

39

72

56
52

62
64
58
55
72
67
78
71
6G
73

1
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

a r v b a s e d or. r e p o r t s of a b o u t 4 7 5 l a r g e d e p a r t m e n t s t o r e s r e p o r t y p : _i" t r a n s a c t i o n , more t h a n .400 h a v i n g c h a r g e a c c o u n t s and
-c-- v
- .r.u- i : : s t & l i r . u r t a c c o u n t s .
B a c k f i g u r e s may b e o b t a i n e d on r e q u e s t
f
r
o
m
t
h
e
D
i
v
i
s
i
o n of R e s e a r c h a n d S t a t i s t i c s .
for FRASER

Digitized