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/ G.7.4.1 /. BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM FOR IMMEDIATE RELEASE August 28, 1959• DEPARTMENT STORE MERCHANDISING DATA j , i Ry LtBRM1'1 UNITED STATES - JULY 1959 „. BKHV m 3 , uu; X OcX XCO , Ud o i l U i ic u X L QOXXrxT rJOt / 1 f? tl f dJ Uln s 7 . c c g n « __.trkfMr fy.n* il 'o.m Amount &OfL. ^change (In millions of dollars) Jutif 1959 1958 Month July I June ago ago July I June Sales l/ 366 401 -13 + 6 Stocks l/ pi,304 rl,299 r1,215 1,232 0 +7 p 662 r 600 563 480 +10 +18 Receipts 2/ $ r 446 Outstanding Orders @ p 388 p 393 r 380 r 349 320 + 3 +13 New Orders 2/ P 455 r 562 r 432 477 -19 + 5 Merchandising Ratios j / l July 1959 | June July 1958 June 1954-58 Average July June Stocks to Sales P 3.4 2.9 3.3 3.1 3.4 2.9 Outstanding Orders to Sales P 1.7 1.3 1.5 1.2 1.6 1.2 Stocks plus Outstanding Orders to Sales P 5.1 4.3 4.9 4.3 0 l—I -dr Receipts to Sales 2/ p 1.0 0.9 1.0 0.8 ON 0 00 0 r—Revised. i/ Figures are based on the sample described in the note below and are presented here solely to permit comparisons with changes in orders and receipts. For monthly movements of total department store sales and stocks, refer to the regular monthly sales report G.7.2 and stocks report G.7,4.2 or the Federal Reserve Bulletin. 2/ Receipts of goods are derived from the reported figures on sales and stocks. New Orders are derived from receipts and reported figures on outstanding orders, 2/ The first three ratios are of stocks and/or orders at the end of the month to sales during the month. The final ratio is based on totals of sales and receipts for the month. Note:--These figures are not estimates for all department stores in the United States. They are the actual dollar amounts reported by a group of department • stores located in various cities throughout the country. In 1958, sales by these stores accounted for about 45 per cent of the estimated total department store sales. Figures for the most recent thirteen-month period are shown regularly in the Bulletin. For description and back data, January 1939 to August 1952, see Federal Reserve Bulletin for October 1952, pp. 1098-1102. Back data may be obDigitized fortained from the Board's Division of Research and Statistics, FRASER