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G.7.3

BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
FOR IMMEDIATE RELEASE
August 15, I960.
HONTHLYJ
v".

3TMENT STORE SALES AND STOCKS, BY DEPARTMENTS

- ^

UNITED STATES - JUNE I960
(Based on retail dollar amounts)

A'uC,lu#tO-

" » 8 A N $ Summary by Selected Department Groups "

Main Store
Piece
Women's Men's
goods
Main
apparel and
and
store
furnishand
boys'
housetotal
| ings
acces- wear
hold
1
1 textiles
sories

Basement
Small Miscel- store
wares laneous total

SALES INDEXES (Unadjusted, 1947-49 average monthly sales - 100)
Apr. 1958
May 1958
June 1958

99
106
97

108
109
90

88
97
114

98
112
103

73
84
72

97
111
103

91
102
105

100
103*
96

Feb.
Mar.
Apr.
May
June

1959
1959
1959
1959
1959

83
105
102
109
107

82
123
109
114
99

70
91
87
106
131

95
96
109
112
115

65
68
76
80
75

93
101
99
109
112

67
95
84
95
111

71
103
99
104
104

Feb.
Mar.
Apr.
May
June

I960
I960
I960
I960
I960

84
87
101 . 109
118
137
108
111
102
107

73
82
114
100
131

104
108 .
105
113
111

70
76
75
83
75

99
102
108
113
115

70
83
103
95
111

72
92
118
9&r
102

STOCKS INDEXES (Unadjusted, 1947-49 average of end-of-month stocks = 100)
Am*. 1958
May 1958
June 1958

135
132
126

141
134
125

147
147
133

132
130
127

114
112
108

138
135
130

124
127
124

120
117
108

Feb.
Mar.
Apr.
May
June

1959
1959
1959
1959
1959

129
138
141
138
132

140
147
148
141
134

130
140
148
148
135

123
136
136
135
133

113
117
117
116
113

130
138
145
141
137

117
123
126
129
126

113
120
125
121
115

Feb.
Mar.
Apr.
May
June

I960
I960
I960
I960
i960

139
149
143
148
140

152
165
157
154
141

142
154
156
162
147

132
143
145
145
141

120
122
123
120
119

135
144
151
149
143

119
129
128
134
130

116
125
125
127
118

2.9
2.8
2.9

3.7
3.2
3.5

4.2
3.9
4.3

4.5
4.6
4.7

3.9
3.8
3.9

3.1
2,9
2.9

2.3
2.3
2.4

.

RATIO OF STOCKS TO SALES
ALES
June 1958
June 1959
June i960

3.5
3.3
3.5

>

Figures for departments within groups given on "following pages.




Page 2

G,7.3
MONTHLY DEPARTMENT STORE SALES AND STOCKS, BY DEPARTMENTS
UNITED STATES - JUNE I960

O

Department

Percentage change from!
corresponding period Ratio of Unadjusted
(stocks to I indexes
a year ago
Stocks pales 1/ j
Sales during
(end of
period
June
June
month)
fane I Jan.-June I June 0.96611999 ISales I Stocks

GRAND TOTAL-entire store

0

+ 3

+ 6

3.3

3.1

—

—

MAIN STORE TOTAL

.+1

+ 3

+ 6

3.5

3.3

107

140

PIECE GOODS, HOUSEHOLD TEXTILES

+ 1

+ 3

+ 5

4.7

Piece goods
Silks, velvets, synthetics
Woolen yard goods
Cotton yard goods

+1
-1
- 5
+ 2

+ 2
+ 3
0
+ 3

+
+
+
+

3
4
2
3

Household textiles
Linens and towels
Domestics—muslins, sheetings
Blankets, comforters, spreads

0
+ 2
- 2
- 1

+
+
+
+

+
+
+
+

6
6
9
2

SMALL WARES

+ 3

+ 4

Laces, trimmings, embroideries,
and ribbons
Notions
Toilet articles, drug sundries

+ 6
+ 1
+ 3

+ 5
+ 4
+ 3

Silverware and jewelry
Silverware and clocks
Costume jewelry
Fine jewelry and watches

+*3
+ 3
+ 6
0

+
+
+
+

7
6
7
5

+
+
+
+

4
3
3
2

Art needlework
Books and stationery
Books and magazines
Stationery
WOMEN'S APPAREL AND ACCESSORIES
Women's accessories
Neckwear and scarfs
—
Handkerchiefs
Millinery
Women's and children's gloves
Corsets and brassieres
Women's, children's hosiexy
Underwear, slips, and negligees
Knit underwear
Silk & muslin underwear, slips
Negligees, robes, loung. apparel
Infants' wear
Handbags, small leather goods
Women's and children's shoes
Children's shoes
Women's shoes




>
+
+
+

3
2
1
3

.

75

119

49
33
12
97

81
71
73
111

4.7
4.8
4.7
4.5

4.4
4.6
4.2
4.3

93
96
91
95

139
131
170
131

+ 5

3
5
2
3

4.5

4.5 4.5
5.1 4.8
19.2 17.8
3.0 3.0

3.9

3.8

115

1436

+ 5
+ 3
+ 5

4.2
3.5
3.5

4.2
3.5
3.4

96
129
134

129
164
142

5
2
7
9

4.4
5.2
2.9
7.1

4.3
5.2
2.8
6.5

112
116
105
139

146
164
130
161

+ 2
+ 7
+10
+ 6

5.9
3.8
3.4
3.9

6.0
3.6
3.1
3.8

64
108
105
110

109
149
140
153

+
+
' +
+

+ 3

+ 3

+ 5

2.9

2.8

102

141

+
+
+
+
+

2
1
4
2
4
3
1

+
+
+
+
+
+

3 ;
2
2
1
4
3
2

+
+
+
+
+
+

3.5
2.4
4.1
1.3
5.2
2.9
3.6

3.4
2.3
3.9
1.3
5.1
2.9
3.6

99
114
45
54
54
177
68

145
150
64
66
83
200
139

+ 1
+ 2
0
0
+ 1
+ 4
+ 5
- l
+ 6

+
+
+
+
+
+
+
+
+

2
+ 7
+ 8
3
1 • -• •+•41
+10
2
+ 3
+ 8
5
5
+ 7
+ 6
5
5
+ 7

3.1 2.9
3.3 3.1
3;» 2.9
2.4 2.2
3.7 3.6
2.4 2.3
5.0 4.9
6.0 5.6
4.8 4.8

92
120
84
84
90
118
124
101
133

129
183
114
105
141
143
173
181
174

5
8
2
5
7
5
2

Page 3

G.7.3

MONTHLY DEPARTMENT STORE SALES AMD STOCKS, BY DEPARTMENTS (Continued)
UNITED STATES - J U H B I960

Department

Percentage change from
corresponding period
?o
& vear at
Stocks
Sales during
(end of
period
month)
June
June!Jan.-June

Ratio of Unadjusted
(stocks to indexes
bales 1/
[
June
1196011999 3 files! Stocks

-

WOMEN'S APPAREL, ACCESSORIES (Corrfc.)
Women's apparel
Women's, misses' coats & suits
Women's, misses' coats
Women's, misses' suits
Juniors' and girls' wear
Juniors' coats, suits, dresses
Girls' wear

+
+
+
+
+
+
+

3
3
2
2
3
3
2

+
+
+
+
+
+

3
2
4
4
5
5
4

+ 5
: 8
- 8
- 9
+ 9
+10
+ 8

Women's and misses' dresses
Inexpensive dresses
Better dresses
Blouses, skirts, sportswear
Aprons, housedresses, uniforms
Furs

+
+
+
+
+
+

3
3
4
4
1
2

+
+
+
+
+
-

3
3
3
4
2
3

+ 8
+ 8
+10
+ 8
+ 5
- 2

0

MEN'S AND BOYS' WEAR
Mai's
Men's
Boys'
Men's

clothing
furnishings and hats
wear
& boys' shoes, slippers

HOMEFURNISHINGS

2.2
4.9
5.5
3.8
2.2
1.6
2.9

105
27
23
32
110
108
U3

137
77
79
61
156
133
175

1.6 1.6
1.3 1.2
2.2 2.0
2.0 2.0
1,6 1.5
14.3 14.9

122
137
110
170
152
29

136
148
131
184
135
123

2,3
4.4
4.9
3.4
2.3
1.7
3.1

+ 3

+ 9

3.5

3.2

131

147

+ 1
- 1
+ 6
0

+
+
+
+

+11
+ 8
+ 8
+ 5 V.

4.0
2.8
4.2
5.3

3.6
2.5
4.13
5.0

131
138
103
152

154
138
135
179

- 3

+ 2

+ 6

4.3

3.9

m

141

2
2
3
3
3
5

+10
+10
+10
+ 3
- 3
+ 4

4.2
2.0
4.9
5.3
5.1
5.1

3.8
1.8
4.5
5.1
5.2
4.3

127
142
125
76
82
46

146
158
147
110
115
68

4.4 107
5.1 . 74
94
7.1
1.8 101
3.4 132
5.3 118

132
137
148
117
162
190

3
2
7
3

Furniture and bedding
Mattresses, springs, studio beds
Upholstered, other furniture
Domestic floor coverings
Rugs and carpets
Linoleum

- 1
- 1
0
-1
- 1
-13

Draperies, curtains, upholstery
Lamps and shades
China and glassware
Major household appliances
Housewares (incl, small appliances)
Gift shop

+ 2
- 5
- 1
-12
- 8
- 3

+ 2
+ 2
+ 3
.
0
-1
+ 2

+ 3
+ 6
+ 3
+11
+ 6
+ 9

4.5
; 5.6
7.4
2.3
3*9
5.9

Radios, phonographs, television,
pianos, records, sheetmusic, instr.
Radios, phonographs, television
Records, sheet music, instr*

+ 5
+ 4
+ 3

+14
+14
+12

+ 7
+ 6
+10

3.7
3.3
5.0

3.6
3.2
4.6

127
106
134

170
151
162

0

+ 1

+ 3

2.9

2.9

111

130

+
+
+
+

+
+
+
+
+

3.9
4.7
3.4
2.7
1.4

119
79
190
150
92

154
160
153
14$
no

MISCELLANEOUS MERCHANDISE DEPTS.

Toys, games, sporting goods, cameras .- 1
- 6
Toys and games
Sporting goods and cameras
+ 3
+ 2
Luggage
Candy
+ 3




.+
+
+
+
+
-

2
3
5
2
4

3
2
4
7
1

4.1
5.0
3.4
: 2.9
1.3

G//.3

Page 4
MONTHLY DEPARTMENT STORE S A M S AND STOCKS, BY DEPARTMENTS (Continued)
UNITED STATES - JUNE i960

Department

Percentage chaiage from
ijusted
corresponding period Ratio of
stocks to indexes
a year ai
10
Stocks sales, l/
Sales during
(end of
period
June
•Jraie
1959 Bales 1 Stocks

BASEMENT STORE TOTAL

- 1

0

+ 3

Domestics and blankets

- 8

- 5

+ 2

3.7

Women's, misses 1 ready-to-wear

+ 1

+ 2

+ 3

1.9

+
+
+
+
+
+

2
4
2
4
3
1
4
0
- 6

+
+
+
+
+
+
+

2
4
1
6
1
2
3
0
-1

+ 5
0

3
3
1
1
0
+ 4

2.4
2.5
2.3
3.4
1.0
1.4
2.1
3.1
- 1,7

- 3

-1

+ 4

4
5
2
2

- 2
- 3
0
+ 3

+
+
+
+

Intimate apparel
HosieryUnderwear, corsets & brassieres
Coats and suits
Dresses
Blouses, skirts, and sportswear
Girls' wear
Infants' wear
Aprons, housedresses, uniforms
Men's and boys' wear
Men's wear
Men's clothing
Men's furnishings
Boys' wear

v

+

2.4

94

112

1.5

CI

3.1
1.5

88
2/

2?

2.2

2.1

143

i:<

4
3
4
8

2.2
2.6
1.8
2.9

2.0
2.4
1.7

152
158
152

s

2.7 111

130
138

+ 6
+
+

It
2.2
3*3

10
.
2.2

112
157
104

106
134
134

Homefurnishings

- 4

-3

+ 1

3.7

Shoes

- 4

+ 2

+ 2

3.5

0

+ 2

2/

2/

1/

131

2/

+ 2

+ 1

2/

2/

2/

162

2/

R0NM5RCHANDISB TOTAL
Barber and beauty shop

1/ The ratio of stocks to sales is obtained by dividing stocks at the end of the
month by sales during the month and hence indicates the number of months' supply
on hand at the end of the month in terms of sales for that month.
2/ The 1947-49 average of monthly sales and encUof-month stocks for each department
is used as the base in computing sales and stocks indexes, respectively, for
that department. For description of series, see pages 1146-49 of the November
1953 Federal Reserve Bulletin. A brochure containing back data for the departmental series for the period .1940-1952, inclusive, may be obtained from the
Division of Administrative Services, Board of Governors of the Federal Reserve
System, Washington 25, D. C.
~
2f Data not available.
—
Rote:—Based on reports from a group of large department stores located in various
cities throughout the country. In 1959, sales and stocks at these stores accounted for about 45 per cent of estimated total department store sales and
stocks. Rot all stores report data, for all of the departments shown; consequently, the sample for the individual departments is not so comprehensive as
that for the total.




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