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1926 R&S RT FEDERAL RESERVE - 24 - 20 BOARD STATEMENT FOR THE PRESS For release in morning papers, V/ednesday, August 11, 1926, R e t a i l Trade in J u l y . 1926. Total s a l e s i n July of 493 departments and other r e t a i l s t o r e s which made preliminary r e p o r t s to the Federal Reserve System from a l l sections of the country were 5.4 per cent larger than in J u l y , 1925. Increases were general in a l l sections of the country, hut the l a r g e s t , varying from 6.2 per cent to 10.8 per cent, were in the Nov? York, Chicago, S t . Louis, and Dallas Federal reserve d i s t r i c t s . Larger sales than l a s t year occurred a t 330 of the reporting s t o r e s , and smaller sales at 162. Sales of two mail order houses wore 14.6 per cent l a r g e r than in J u l y , 1925, end those of f i v e and ten cent v a r i e t y chain stores (5 chains) were 12 per cent larger than a year ago. Percentage changes in d o l l a r sales "between J u l y , 1925 and J u l y , 1926 are given in the following table* : Total number of s t o r e s reporting: Percentage of increase or de~ Total Increase Decrease $ crease compared with J u l y , 1925, • Boston Hew York Philadelphia Cleveland Richmond Atlanta Chicago S t . Louis Minneapolis Kansas City Dallas San Francisco Total 64 59* 69 29 43 29 59 18 13 29 16 65 493 45 47 51 15 26 20 44 7 9 15 14 37 19 11 18 14 17 9 15 11 4 14 2 28 + + + + + + + + + + + + 3.5 6.2 5.4 1.4 3.4 4.9 10.8 9.1 4.0 1.9 8.7 5.5 330 162 + 5.4 + 14.6 12.1 Mail order housos (2 houses) Five and ten cent s t o r e s (5 chains) * One s t o r e showed n e i t h e r increase or decrease. +
@FedFRASER