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BOABD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
O c t o b e r 8 , 193°
R&S r t p - 142

For r e l e a s e i n m o r n i n g p a p e r s
S a t u r d a y , O c t o b e r 10

DEPARTMENT STORE SALES IN SEPTEMBER 193&
Preliminary report
Department s t o r e s a l e s i n c r e a s e d , i n September by s l i g h t l y more t h a n t h e
u s u a l s e a s o n a l amount and t h e B o a r d ' s a d j u s t e d i n d e x advanced f r o m 87 t o 88
p e r c e n t of t h e 1923-1925 a v e r a g e .
T o t a l s a l e s i n September were l 4 p e r c e n t l a r g e r t h a n i n t h e c o r r e s p o n d i n g
month of 1935, when t h e r e was one l e s s b u s i n e s s d a y . For t h e f i r s t n i n e months
of 1936 s a l e s were 11 p e r c e n t l a r g e r t h a n a y e a r e a r l i e r .
REPORT BY FEDERAL RESERVE DISTRICTS
P e r c e n t a g e change
f rom a y e a r ago
January 1
to
September*
September 30

Number
of
stores
reporting

Number
of
cities
included

+14

+11

5^1

259

Boston
New York
Philadelphia
Cleveland

+13
+8
+9
+20

+10
+9
+10
+12

55

33
29
16

Richmond
Atlanta
Chicago
S t . Louis

+7
+21
+19
+20

+9
+14
+12
+9

55

25

Minneapolis
Kansas C i t y
Dallas
San F r a n c i s c o

+12
+9
+18
+16

+5
+2
+17
+11

40
22
20
91

20
11
9
32

Total
Federal Reserve districts:

56
36
35

29
65
37

12

17
35
20

* September f i b r e s p r e l i m i n a r y ; i n most c i t i e s t n e month h a d one more b u s i n e s s
day t h i s y e a r t h a n l a s t y e a r .