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I
FEDERAL

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RESERVE

BOARD
October 9, 1933
R&S r t p - 106

For r e l e a s e i n morning p a p e r s
Thursday, October 12
DEPARTMENT STORE SALES IN SEPTEMBER, 1933
Preliminary report
P r e l i m i n a r y f i g u r e s on t h e v a l u e of department s t o r e s a l e s show an i n c r e a s e
from August to September of l e s s t h a n t h e e s t i m a t e d seasonal amount, The F e d e r a l
Reserve B o a r d ' s index, which makes allowance b o t h f o r number of b u s i n e s s days and
f o r u s u a l s e a s o n a l changes, was 70 i n September on t h e b a s i s of t h e I923-I925 a v e r age a s 100, compared w i t h 77 i n August and "JO i n J u l y ,
In comparison w i t h a y e a r ago, t h e v a l u e of s a l e s f o r September a c c o r d i n g to
p r e l i m i n a r y f i g u r e s , was 2 p e r cent l a r g e r . The a g g r e g a t e f o r t h e f i r s t n i n e months
of t h e y e a r was 9 p e r cent s m a l l e r than l a s t y e a r ,
PERCENTAGE INCREASE OR DECREASE FROM A YEAR AGO
September*
Total
Federal reserve d i s t r i c t :
Boston
New York
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
S t , Louis
Minneapolis
Kansas City
Dallas
San F r a n c i s c o

January 1
to
September 10*

Number of
reporting
stores

Number
of
cities

+2

-9

466

221

0
-3
+13
+16

-11
-10
-9
-5

52
51
37
33

27
25
16
11

+2
-2
+5
-11

-g
-g
-7
-9

53
22
58
21

23
13
32
10

-9
-7
-3
-9

16
21
21
81

10
13
10
31

-3 •
-5
-9
0

* September f i g u r e s p r e l i m i n a r y ; i n most c i t i e s t h e month had t h e same number of
b u s i n e s s days t h i s y e a r and l a s t y e a r .




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