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FEDERAL

3 E S 1 2 V E

BOARD
R&S RTI - 59
November 8, 1929

For r e l e a s e i n morning papers
Saturday, November g .
RETAIL TRADE IN OCTOBER 1929
Preliminary report

Department s t o r e s a l e s f o r October were 3 p e r cent l a r g e r t h a n i n t h e
corresponding month a y e a r ago, a c c o r d i n g t o p r e l i m i n a r y r e p o r t s made to t h e
F e d e r a l r e s e r v e system by 483 s t o r e s ' .
I n c r e a s e s i n t o t a l s a l e s were r e p o r t ed by 252 s t o r e s and d e c r e a s e s by 23I s t o r e s .
!tee change i n s a l e s v a r i e d c o n s i d e r a b l y f o r d i f f e r e n t p a r t s of t h e count r y , ranging from an i n c r e a s e of 7 p e r cent i n t h e Boston and New York Fede r a l r e s e r v e d i s t r i c t s to a d e c r e a s e of 11 per cent i n t h e Minneapolis d i s trict.
P e r c e n t a g e changes i n t o t a l s a l e s between October 1928 and October 1929
a r e given by d i s t r i c t s i n t h e f o l l o w i n g t a b l e :
Federal
reserve
district

Pe r c e n t a g e of i n c r e a s e or dec r e a s e i n s a l e s » October, 1929,
compared with October. 1928.

United S t a t e s

+ 3-0

252

231

+ 7a

38
33
27
18
33
15
17
8
6
l4
15
28

47
14
12
9
23
16
38
12
10
7
4
39

Boston
New York
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
S t . Louis
Minneapolis
Kansas C i t y
Dallas
San F r a n c i s c o

+ T.i

+ 5.3

+ 1.1

+ 4.6
- 4;l

-U

-ii:2
+ 3.0

+ 1.9

+ 0.4

Number of s t o r e s
re-porting—
Increase 1 Decrease

Note: — The month had t h e Same number of b u s i n e s s days (27) t h i s
year and l a s t y e a r ;