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FEDERAL

RESERVE

BOARD
February J, 1933
r&s r t p
-

For release in morning papers
Friday, February 10
DEPARTMENT STORE SALES IN JANUARY, 1933
Preliminary report
Preliminary f i g u r e s on the value of department store sales show a decrease
from December to January of somewhat more than the estimated seasonal amount.
The Federal Reserve Board's index* which makes allowance both f o r number of business days and f o r usual seasonal changes, was 59 i n January on the basis of the
I923-I925 average as 100, compared with 62 i n December and 65 i n November.
In comparison with a year ago the value of sales f o r January^ according to
the preliminary f i g u r e s , was 24 per cent smaller.
PERCENTAGE INCREASE OR DECREASE FROM A IJBAR A O
G

:

—
Total

January*
- 24

Number of
reporting
stores

Number
of
cities

U39

211

Federal reserve d i s t r i c t :
Boston
New York
Philadelphia
Cleveland

~
-

27
25
22
22

48
54
30
29

24
27
12
13

Richmond
Atlanta
Chicago
S t . Louis

-

18
23
25
23

50
19
60
21

21
3.3
33
9

Minneapolis
Kansas City
Dallas
San Francisco

-

21
20
18
2%

l6
19
22
71

10
l4
10
25

* Figures preliminary; i n most d i s t r i c t s the month had the same number of bus iness days t h i s year and l a s t year.




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