Full text of G.17 Department Store Credit : September 5, 1961

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G.17

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September^ 5 r 1961

xx

DEPARTCTTT STORE-CREDIT - JULY 1961 '

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I n s t i l m e n t a c c o u n t s r e c e i v a b l e of r e p o r t i n g department s t o r e s
a t t h e und of J u l y were l i t t l e changed from t h e end. of the p r e c e d i n g
month, and r e g a i n e d s l i g h t l y above t h e l e v e l a y e a r e a r l i e r . , C o l l e c t i o n s
on these- accounts d u r i n g J u l y , were 14 p a r c e n t of .the amount' o u t s t a n d i n g
a t the b e g i n n i n g of t h e month.
" •
Charge a c c o u n t s r e c e i v a b l e d e c l i n e d - d u r i n g J u l y , -.and -were s one what below t h e l e v e l of a y e a r ago.' C o l l e c t i o n s \ o n t h e s e a c c o u n t s amounted
t o 47 p e r cent 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 s a t r e p o r t i n g department s t o r e s showed r a t h e r l a r g e s e a s o n a l d e c l i n e s i n J u l y b u t remained s l i g h t l y h i g h e r t h a n a ' y e a r e a r l i e r .
Changes i n Department S t o r e s S a l e s and Accounts R e c e i v a b l e
• •

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

Total
Cash
Charge
. Instalment

. •.

„ '

Accounts r e c e i v a b l e , end of month: . Charge '
Instalment

•.

—

P e r c e n t a g e change from:
Year
Month,
ago
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-16
, - -15 -19
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+2.
0
+9

-2
+3- .

- '
I ; / - .1

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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

:

Item

Collection r a t i o s l / :

•

:

Charge a c c o u n t s ' ,
Instalment accounts

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 : - Cash
Charge \
Instalment

July
1961

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47
14

- '43
• 40
47

June
- 1961 , .

. 15
^43^

l / 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 accounts r e c i e v a h l e a t
b e g i n n i n g of month.
-




July
I960
. 45
14
- 44
41
15

DEPARTMENT STORE CREDIT - JULY 19 b l
S a l e s ."by- t y p e
( P e r c e n t a g e changes)
Federal .
Reserve
District

Total sales
Month
ago

•*

Year
ago

. . I n s t a l ment .
| Charge-account
s a l es
sales
Year
. Year . - Month
Month j | Year - Month
. :ago-_
ago .
ago'
. - a pp
ago. .
. &GP
Cash s a l e s '

.+ 5
- 26
Boston
..
.
+ 3
-28
New York
.
0
Philadeiphia
0
- 7 '
:-'l3 :
C-ieveland .
a:. -ii.
-13
Richmond r
: : : #
Atlanta
j
- 3
-'
+ 1
-16
Chicago .. . ^
0
:;-i3-:''
-14
St..Louis *
-18"
- 1
-29
Minneapolis
- 4
+ 3
. - 6
.Kansas" C i t y
+. 4
+ 3 . "
+ 5 Dallas
+ 2
+10
San F r a n c i s c o •- - + 5

*

+4
+2
0
+3
-1"
: ' .A%+1
+3
+2. .
•*9 •.

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+ 4
> 7

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• -21
- ' -18,
-10
-8
+1
- 9
-+4
- 7
-1 -15
+• 3
+3
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-3
- 2
+5
. +2 .

+3
• +2

-34
-34
• -33
- -20
-18

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• Accounts r e c e i v a b l e , end o f o o n t h
(percentage'changes).
,
Charge a c c o u n t s | ' I n s t a l m e n t .
Federal .
Year
•' Month j Year .
Month
Reserve
;
a
ago
ago.
ago
District
E?-:
Boston
New York
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
S t . Louis
Minneapolis
Kansas'City
Dallas
San F r a n c i s c o




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