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r I B R >- R y BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM January 9, 1936 R&S rtp - 133 For release in evening papers Saturday, January 11 DEPARTMENT STORE SALES IN DECEMBER 1935 Preliminary report Value of department store sales increased in December by more than the usual seasonal amount, and the Board's seasonally adjusted index advanced to gU percent of the 1923-1925 average as compared with 81 percent in November. Aggregate value of sales reported for December was 6 percent larger than a year ago and for the entire year 1935 was 5 percent larger than in 1934. REPORTS BY FEDERAL RESERVE DISTRICTS Percentage change from a year ago January 1 to December* December "51 I Total + 6 + 5 Number of stores reporting Number of cities included 4gg 237 44 4g 23 25 13 Federal Reserve districts: I Boston New York Philadelphia Cleveland + + U + 7 + 9 Richmond Atlanta Chicago St. Louis + 7 Minneapolis Kansas City Dallas San Francisco + 5 + 9 + 9 + 2 + 3 + 8 + 7 + 0 2 + 3 + 5 + s + 6 + 7 + 1 + 7 + 6 + 6 + 10 28 28 55 22 58 38 38 20 18 85 11 27 19 29 21 20 l4 6 29 * December figures preliminary; in most cities the month had the same number of business days this year and last year, but in December this year there were four Saturdays as compared with five a year ago. #
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