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r - 7^3 BOARD OF GOVERNORS OF THE FEDEIiAL RESERVE SYSTEM 0.7.4.1 FOR IMMEDIATE RELEASE April^^l959. DEPARTMENT STORE MERCHANDISING DATA UNITED STATES - M R H 1959 AC z,„. 4PR y 3 °195q % (Selected s e r i e s , based on r e t a i l d o l l a r amount C/^^Avr. Amount Per cM%gphange" (In millions of d o l l a r s ) March from Year Month 1959 ^ 19W Mar# Feb. Mar. TebT ago ago Sales 1/ P 342 r 415 309 +27 + 5 Stocks 1/ pl,359 1,278 rl,321 1,261 + 6 + 3 Outstanding orders P 423 449 r 358 398 - 6 +18 Receipts 2/ P 515 403 r 475 371 +28 + 8 New Orders 2f P 489 440 r 435 391 +11 +12 434 Merchandising Ratios 3 / Stocks t o Sales 1959 ' 1958 Mar. Feb. Mar. Feb? 4.1 P 3.1 3.7 r 3.2 Outstanding Orders t o Sales P 1.0 1.3 r 0.9 1.3 0.9 1.3 Stocks plus Outstanding Orders to Sales P 4.1 5.0 4.0 5.4 4.1 5.1 Receipts t o Sales 2/ P 1.2 1.2 1.1 1.2 1.2 1.2 1954-50 Average Mar. Feb, 3.2 3.7 p — P r e l i m i n a r y . r — R e v i s e d . 1/ Figures are based on the sample described i n the note below and are presented here solely t o permit comparisons with changes i n orders and r e c e i p t s . For monthly movements of t o t a l department store sales and stocks, r e f e r t o the regular monthly sales report G.7.2 and stocks report G.7.4.2 or the Federal Reserve B u l l e t i n . 2/ Receipts of goods are derived from the reported f i g u r e s on s a l e s and stocks. New Orders are derived from r e c e i p t s and reported f i g u r e s on outstanding orders. 3/ The f i r s t three r a t i o s are of stocks and/or orders at the end of the month t o sales during the month. The f i n a l r a t i o i s based on t o t a l s of s a l e s and r e c e i p t s f o r the month. Note:—These f i g u r e s are not estimates for a l l department s t o r e s in t h e United S t a t e s . They are the a c t u a l d o l l a r amounts reported by a group of department stores located in various c i t i e s throughout the country. In 1958, s a l e s by these )stores accounted f o r about 45 per cent of the estimated t o t a l department store sales. Figures f o r t h e most recent thirteen-month period are shown r e g u l a r l y i n the Bulletin. For description and back data, January 1939 to August 1952, see Federal Reserve Bulletin f o r October 1952, pp. 1098-1102. Back data may be obtained from the Board's Division of Research and S t a t i s t i c s .