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I

FEDERAL

RESERVE

BOARD
August 7, 1933
R&S r t p 104

For r e l e a s e i n morning papers
: Thursday, August 10
DEPARTMENT STORE SALES IN JULY 1933
Preliminary report
P r e l i m i n a r y f i g u r e s on t h e value of department s t o r e s a l e s show a decrease
from J u n e to J u l y of about t h e e s t i m a t e d seasonal amount.
The F e d e r a l Reserve
Board 1 s index, which makes allowance both f o r number of b u s i n e s s days and f o r
u s u a l seasonal changes, was 69 i n J u l y on t h e b a s i s of t h e I923-I925 average as
100, compared w i t h 68 i n June and 6J i n May.
I n comparison w i t h a year ago, t h e value of s a l e s f o r J u l y , a c c o r d i n g to
p r e l i m i n a r y f i g u r e s , was 4 p e r cent l a r g e r .
The a g g r e g a t e f o r t h e f i r s t seven
months of t h e year was 13 p e r cent smaller t h a n l a s t y e a r ,
PERCENTAGE INCREASE OR DECREASE FROM A YEAR AGO
July*
T o tal
federal reserve d i s t r i c t :
Boston
New York
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
S t . Louis
Minneapolis
Kansas City
Dallas
San Francisco
*

+

4

+

3
2
+ 1
+ 13
+
—

+

0
5
l
7

0
8
+ 16
+ 13
+

January 1
to
J u l y 11*

Number of
reporting
stores

Number
of
cities

- 13

431

212

16
13
15
i4

47
50
34
20

25
25
l4
10

13
13
i4
13

47
23
56
19

18
15
34
10

11
11
8
12

17
23
22
73

11
15
9
26

. mm

mm

*-

w

—

J u l y f i g u r e s p r e l i m i n a r y ; i n most c i t i e s t h e month had t h e same number of
b u s i n e s s days t h i s year and l a s t y e a r .





Federal Reserve Bank of St. Louis, One Federal Reserve Bank Plaza, St. Louis, MO 63102