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30ARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM For release in morning papers Thursday, December 10 December 8, 1936 m s rtp „ ^ 4 DEPARTMENT STORE SALES IN NOVEL® ER 1936 Preliminary report Department store sales increased from October to November, on a daily average "basis, and the Board's seasonally adjusted index advanced to 93 percent, the highest level since the middle of 1931. The index for the last two months and for November 1935 is shown "below; Index of department store sales 1923~1925 average = 100 Adjusted for seasonal variation Without seasonal adjustment Nov. 1936 Oct. 93 104 90 99 1935 Nov. 82 91 Total sales for November were 8 percent larger and for the first eleven months of the year 11 percent larger than in the corresponding periods of REPORT BY FEDERAL RESERVE DISTRICTS Percentage change from a. year Ago January 1 November* to 1 November 10 Total 48 +11 -e +8 +10 Number of stores reporting Number of cities included 547 268 Federal Reserve districts: Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Loui s Minneapoli s Kansas City Dallas San Francisco +ll 45 +11 +13 43 +3 +5 +13 +2 49 +10 +l4 +10 +i4 +13 +11 *9 +8 +19 +10 33 56 33 30 11 U 18 27 68 37 20 44 21 22 102 22 14 11 4o 29 * November figures preliminary; in most cities the month had one less "business day this year than last year, and in November this year there were four Saturdays as compared with five a year ago.
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