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F E D E R A L R S S E H T E B O A R D July 7, 1933 ESS rtp 103 For release in evening papers Monday, July 10 DEPARTMENT STORE SALES IN JUNE 1933 Preliminary report Preliminary figures on the value of department store sales show a decrease from May to June of about, the estimated seasonal amount, The Federal Reserve Board'a index, which makes allowance "both for number' of business days and for usual seasonal changes, was 66 in June on the basis of the I923--IS25 average as 100, compared with 67 in May and 67 in April, In comparison with a year ago the value of sales for June, according to preliminary figures, was 4 per cent smaller. The aggregate for the first six months of the year was 15 per cent smaller than last year. PERCENTAGE INCREASE OR DECREASE FROM A YEAR AGO Number of January 1 reporting June* to stores June 30* 4 Total Federal reserve district: Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis Kansas City Dallas San Francisco — — — - 5 5 4 1 7 3 5 + l - 15 384 201 — 49 49 33 - 18 14 lb 17 25 26 15 11 48 21 46 - 12 15 17 15 16 19 13 26 9 12 i4 16 18 11 13 lb 19 53 — - — 3 0 3 0 • Number of cities ww 10 16 10 23 * June figures preliminary; in most cities the month had the same number of "business days this year and last year.
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