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BOARD CF GOVERNORS OF THE FEDERAL RESERVE SYSTEM FOR. MEDIATE KEI£ASE SEPTEMBER 13, 1957 G.7.3 MGNTHLT DEPARTMENT STCKE SAI£S AMD STOCKS, BY DEPARTMENTS UNITED STATES - JOLT 1957 (Based on retail dollar amounts) Summary by Selected Department Groups Main Store Piece Main Women's Men's goods store apparel and Small MiscelHome and and total acces- boys' furnish- house- wares laneous ings hold sories wear textiles Mar, Apr. May June July 1956 1956 1956 1956 1956 Mar. Apr. May June July 1957 1957 1957 1957 1957 , 1947-49 average monthly sales - 100) ?1 SAIES INDEXES May 1955 June 1955 July 1955 Basement store total 99 96 78 101 89 71 93 115 74 104 101 97 86 76 71 98 99 75 106 94 107 102 81 121 96 109 9h 74 95 79 97 125 72 99 105 115 111 99 75 79 89 75 80 98 93 108 103 80 97 105 120 111 92 78 77 98 98 121 77 105 96 115 108 104 77 73 89 72 8l_ 92 97 104 108 99 86 no 100 84 87 99 81 104 102 76 97 , 77 9k 103 83 108 9k 108 107 77 81 9k 99 105 91 94 111 107 102 79 STOCKS INDEXES (Unadjusted, 19U7-U9 average of end-of-month stocks * 100) May 1955 June 1955 July 1955 121 114 110 122 113 113 111 ia 118 115 109 104 Mar. Apr. May June July 1956 1956 1956 1956 1956 130 133 130 121 119 138 138 131 119 122 134 11*2 1143 127 121 130 131 129 124 120 Mar. 1957 Apr. 1957 May 1957 June 1957 July 1957 138 139 136 128 126 148 Ikh 139 127 132 1^5 149 152 137 128 3.4 3.5 3.5 4.9 5.3 5.3 133 106 101 120 115 109 114 110 106 115 107 101 115 112 107 110 114 ' 124 130 128 122 117 115 118 , 121 116 114 119 122 118 108 104 133 136 135 129 123 118 119 116 112 115 132 138 134 129 124 124 123 126 122 121 122 122 121 110 107 3.8 4.0 4.0 4.4 4.2 4.2 4.6 . 4.6 4.6 3.2 3.5 3.4 2.7 2.8 2,8 RATIO OF STOCKS TO SALES July 1955 July 1956 July 1957 3.9 4.0 4.0 Figures for departments within groups given on following pages. Page 2 G.7.3 1'OSTHLT DEPARSlSKT STQEE SAULS AND STOCKS, BT DEPARTMENTS TOTED STATES - JULY 1957 Department GRAND TOTAL-entire store MAIN STQBE TOTAL PIECE GOODS, HOUSEHOLD TEXTHJiS Piece goods Silks, velvets, synthetics w oolen yard goods Cotton yard goods Household textiles linens and towels Dcmestics—muslins, sheetings .Blankets, comforters, spreads cTML WABES - Percentage change from corresponding period Ratio of Unadjusted a year ago stocks to indexes . j Stocks sales \J Sales during ( e n d ^ Period month) July •nay uuiy|uan-tJuiy j July 195711^6 Sales|Stocks + 1 + 5 3.8 3.8 — + 6 + 1 + 6 U.o U.0 86 126 + 2 0 + U U.2 U.2 81 125 - U —U - 2 -5 * 1 5.2 + 3 . 6.2 +3 8.5 3.U -3 5.1 6.1 7.9 3.5 U6 35 29 86 86 78 85 109 + + + + + + + + 3.8 U»U 3.1 U.0 106 99 126 98 129 119 15U 133 12U + 5 0 + 1 - 5 0 • + • . 3 6 2 0 l 3 1 1 5 6 2 7 3.8 U.U 3.1 U.2 — + 6 + X + 6 U.6 U.6 8U Laces, trimmings, embroideries, and ribbons Notions Toilet articles, durg sundries + U +5 • 9 0 0 + 2 + 8 + 5 + 6 5.2 U.8 4.3 U.3 3.8 3.9 68 91 106 111 1U0120 Silverware and jewelry Silverware and clocks Costume jewelry Fine jewelry and watches 0 - l -.1 + 8 -3 + 1 - 5 -U + + + + 5 6.2 6.0 8.1 7.8 5 6 . 3.8 3.5 U 9.6 9.9 70 71 72 69 127 155 112 107 Art needlework Books and stationery Books and magazines Stationery + 3 +10 +11 +10 • + + + + + + • U 5 5 5 5.8 U.6 3.6 5.1 63 80 8U 77 105 125 111 130- 78 132 130 SOMEN'S APPAREL AM) ACCESSORIES *aaen's accessories Neckwear and scarfs Handkerchiefs Millinery In omen's and children-13 glovesCorsets and brassieres i«omen's, children's hosiery 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 1 omen's shoes l U 5 U + 6 + 2 + 5 + 3 +4 - 1 - 2 + l +10 -3 + U *5 + U. + 5 + 8 +.6 + U • 9 • 2 + l -1 - 2 + 5 - U -1 + 2 - 3 0 + 3 + 2 + 3 +^ + 3 . 5.8 U.U 3.U U.8 + 8 3.5 3.5 + 8 + 9 + 1 + 1 +13 +10 * U U.2 2.9 4.7 2.0 9.6 3.U U.O U.1 2.8 U.9 2.0 8.3 3.U 3.7 76 86 39 38 33 127 5U 61' 71 90 16U 120 + 5 3.1 3.2 3.3 2.5 U.1 3.3 6.U 7.1 6.3 3.1 3.2 3.2 2.U 3.9 3.3 6.U 6.6 6.U 78 100 70 71 85 7U 88 76 90 110 1UU 99 89 1U0 122 15U 165 151 +6 . + 1* • 6. +10 +11 .+ 9 +10 + 8. 1U0 G.7.3 Page 3 MQNTKLX DEPAHHUENT STCRE SALES AND STOCKS, BY DEPARTMENTS (Continued) . UNITED STATES - Department JUL! 1957 Percentage chaiage from corresponding period a year af10 Stocks Sales during (end of period month) July 1 Jan-July July Ratio of Unadjusted stocks to indexes sales 1/ ( W - t o a».»10C6/) July July 195711956 Sales 1Stocks WOMEN'S APPAREL, ACCESSORIES (Cont.) 3.0 5.3 5.6 U.6 3.3 2 J* U.3 2.9 U.6 U.8 U.O 3.2 2.3 U.o 81 33 32 36 8U 79 90 13U 109 115 91 163 139 182 8 1.9 8 l.U 9 ; 2.6 9 2,7 1.6 1 6 10.2 1*9 l.U 2.5 2.8 1.8 8.3 81 89 78 127 112 >7 103 100 108 178 101 129 5.3 '5.3 77 128 5.8 5.7 U.5 U.5 6.3 6.3 6.7 6.9 81 75 68 95 135 120 129 1U2 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 + 7 -9 -13 - 2 + 6 + 5 + 7 + 3 - 1 - 2 0 + U + U + 5 + 8 + 6 + 2 +16 +13 +10 +1U Women's and misses' dresses Inexpensive dresses Better dresses Blouses, skirts, sportswear Aprons, housedresses, uniforms Furs + 9 •10 + 7 +1U +13 -13 + i + 2 - 1 + 7 + 3 +10 + + • + + + 6 + 1 + 6 + + » + + + + 1 1 3 3 + + + + MEN'S AND BOYS' M A R Men's Men's Boys' Men's clothing furnishings end hats wear & boys' shoes, slippers 6 5 8 9 7 5 8 6 + U 0 + 3 U.o U.O 10U 123 Furniture and bedding Mattresses, springs, studio beds Upholstered, other furniture Domestic floor coverings Rugs and carpets Linoleum +3 + 3 +5 0 +3 +11 + 1 0 + 2 - 1 + 1 0 + 2 0 + 2 + 2 + u - 4 233 3.U 3.U 162 1.5 1.6 U.i U.2 . 12U 72 5.3 5.2 5.1 5.1 76 58 U.6 5.U 127 1U3 126 105 116 69 Draperies, curtains, upholstery Lamps and shades China and glassware Major household appliances Housewares (incl. small appliances) Gift shop 0 +1 + U +11 + 7 +8 + - 3 1 3 U 0 + 2 + 5 + u + 5 -7 + 2 + 6 5.2 U.9 : 9.0 1.6 3.9 6.5 U.9 U.8 8.7 1.9 U.O 6.6 83 70 81 111 113 - 9U 119 113 135 97 139 153 Radios, phonographs, television, pianos, records, sheetmusic, instr. + U Radios, phonographs, television * 1 Records, sheet music, instr. + 9 +5 + 1 +11 +10 + 7 +11 -< 3.1k 3*3 2*9 ) 2.7 U.6 U»5 98 91 115 12U 115 lil3 * U ' t 6 3.U 36 +5 + 3 +8 - 1 + 3 •» 5 + 5 +6 + U +12 U.6 5»U 3*9 3*k 1.1* HCMEFURNISHINGS MISCELLANEOUS MERCHANDISE DEPTS. +9 Toys, games, sporting goods, cameras +lU Toys and games +12 Sporting goods and cameras +16 luggage +1 Candy + U 5.0 5.8 U.2 3.3 1.3 91: 121 9369 136 117 73 lUl ll#3 136 130 ?5 . - , 0-7-3 Page 4 MCKTHLT D^RAKBifcNT SKXtB; SAIfiS AND STOCKS, BY DaPAtiBMTS (Continued) j '* UNITED STATUS - JUL! 195? Percentage change from corresponding period Ratio of Unadjusted a year ago stocks to indexes sales 2/ (19U7-U9 Sales during av. *0.002/) period July JrOy «iiiy (uan-July W / f % 6 Sales!Stocks !if? Department BASKET STCBE TOTAL *3 0 + 3 2.8 2.8 Domestics and blankets - 1 -2 + 1 2.9 2.8 Women's, misses.1 ready-to-wear + U 0 + 6 2.3 2.3 7U 95 Intimate apparel Hosiery Underwear, corsets & brassieres Coats and suits Dresses Blouses, skirts, and sportswear Girls' wear Infants1 near Aprons, house dresses, uniforms 1 Men's and boys' wear. , Men's wear Mean's clothing • !• Men's furnishings Boys' wear Homefurnishings , • 79 107 101 -118 106 + 8 - 1 9 - 5 +3 + 8 •3 +2 + 1 0 • -3 *2 - 1. 0 + 5 + U +2 -5 + -5 o + 7 + 7 + 1 + 8 +10 +12 - 5 2.5 2.6 3.0 2.9 2.U 2.U U.6 U.1 1.2 1.2 1.8 1.7 3.1 2.9 3.5 3.1 -1.9 2.0 *6 +3 * 3 3.1 3.1 89 116 + 6 * 5 + 6 .• 5 + 2 +3 + 2 + 6 + + + + 2.9 3.3 2.5 3.7 3.0 U.o 2.6 3.6 92 95 92 8U 115 125 10U 135 + 0 1 1 1 9 t i 80 118 79 87 123 139 2/ - 3 - 1 3.8 3-9 7U 109 Shoes *k + 1 + 2 U.1 U.2 82 109 60HMERCHANDISB TOTAl +10 + U 3/ 2/ 3/ 115 3/ Barber and beauty shop + 6 + i 3/ 3/ 2/ 1U8 3/ 1/ ^'he 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 far that month. 2/ The 19U7-U9 average of monthly sales and end-of-month stocks far each department is used as the base in computing sales and stocks indexes, respectively, for that department. For description of series, see pages 111*6-1*9 of. the November 1953 Federal Beserve Bulletin. A brochure containing back data for the departmental series for the period 19UO-1952, inclusive, may be obtained from the Division of Administrative Services, Board of "Governors of the Federal reserve System, Washington 25, D. C. V Data not available. ^ Mote*—Based on reports from a group of large department stores located in various cities throughout the country# In 1956, sales and stocks at these stores accounted for almost 50 per cent of estimated total department store sales pnA stocks. Hot 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, July this year hnd ono more tradijig day than last.