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I

FEDERAL

RESERVE

BOARD
September 9> 1933
R&S r t p - 105

For r e l e a s e i n evening papers
Tuesday, September 12
DEPARTMENT STORE SALES IN AUGUST, 1933
Preliminary r e p o r t
Preliminary f i g u r e s on the value of department s t o r e s a l e s show an increase
from J u l y to August of considerably 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 u s u a l seasonal changes, was 75 i n August on the b a s i s of the 19231925 average as 100, compared with ~J1 in J u l y and oS i n June,
In comparison with a year ago, the value of s a l e s f o r August, according to
preliminary f i g u r e s , was 16 per cent l a r g e r .
The aggregate f o r the f i r s t eight
months of t h e year was 10 per cent smaller than l a s t y e a r .
PERCENTAGE INCREASE OR DECREASE FROM A YEAR AGO
August*
Total
Federal r e s e r v e d i s t r i c t :
Boston
New York
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
S t . Louis
Minneapolis
Kansas City
Dallas
San Francisco

+ 16
+
+
+
+

16
9
17
42

22
25
21
4 23
~

+
+
+

4- 12
21
29
2

+

January 1
to
Au/rust 11*

Number of
reporting
Stores

Number
of
cities

10

456

214

13
11
12
g

50
55
35
33

26
26
15
12

10
10
10
9

49
20
58
20

20
15
29
10

g
g
4
10

16
24
25
71

11
14
10
26

-

—

-

—
—

-

•

-*

—

* August f i g u r e s preliminary; in most c i t i e s the mo 1 had t h e same number of
ith
business days t h i s year and l a s t y e a r .




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