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G.7.4.1

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BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
FOR IMMEDIATE RELEASE
August 28, 1959•
DEPARTMENT STORE MERCHANDISING DATA
j ,
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LtBRM1'1
UNITED STATES - JULY 1959
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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