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1927 - 28 ESbS HDI - 34 FEDERAL RESERVE BOARD STATEMENT FOR THE PRESS For r e l e a s e i n morning p a p e r s , Monday 9 October 10, 1927 R e t a i l Trade in the United S t a t e s i n September, 1927. Sales of 551 department s t o r e s r e p o r t i n g t o the Federal r e s e r v e system were in about the same volume i n September a s a y e a r ago. Sales of two mail order houses averaged 8 p e r cent l a r g e r than in September of 1926 and those of e i g h t f i v e - a n d - 1 e n - o e n t s t o r e s were about 11 p e r cent l a r g e r . While f o r the country a s a whole s a l e s of department s t o r e s wore in about the same volume a s i n September of l a s t y e a r , they were l a r g e r i n the Boston, Now York, A t l a n t a and San Francisco Foderal r e s e r v e d i s t r i c t s , in the P h i l a d e l p h i a , Cleveland, Richmond; S t . Louis, Kansas City and D a l l a s Federal r e s e r v e d i s t r i c t s s a l e s woro s m a l l e r , while i n the Chicago and Minnea p o l i s d i s t r i c t s they were in about the same volume a s in September of l a s t y o a r . Of the t o t a l number of s t o r e s (551) r e p o r t i n g f o r the country as a whole 250 showed l a r g e r s a l e s and 301 showed smallor s a l e s than a yoar ago. Percentage changes in d o l l a r s a l e s between September, 1926, and September, 1927, and the number of s t o r e s r e p o r t i n g aro given in the following tablo: Federal Re servo District Boston How York Philadelphia ClovolancL .Richmond Atlanta Chicago S t . Louis Minneapolis Kansas City ©alias San Francisco Total : Percentage of increase or do-: Rumber of s t o r e s : crease i n s a l e s - Sept. ,1927 : Total : Number r e p o r t i n g ; compared w i t h September.1926 : r e p o r t i n g ; Increase ^Decrease + + — + * + — — + 2.8 2.5 4.1 2.2 0.5 3.0 0.1 8.8 0.3 1.1 3.2 2.0 84 53 91 51 48 24 59 19 11 31 18 62 51 23 40 22 21 16 12 7 3 11 13 31 3 30 51 29 27 8 47 12 8 20 5 31 0.1 551 250 301 Mail order housos + 8.1 Fivo-and-ton-cont s t o r e s +10.8 (2 houses) (8 chains)