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/ ' /y BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM G.7.U.1 FOR IMMEDIATE RELEASE " , IATA Ftti , REFERENCE LIBRARY FEDERAL RESERVE BANK * * L l B & R Y AUG UNITEJ oTATES - JULY 1956 J.CO) • u r a t DEPARTMLMT STORE MERCHAHDI ING DATA UU.OGU. VIJ, Sales 1/ P 337 Stocks 1 / pll73 Outstanding orders iDLRAL RtSERVt X U uci.JL.JL U. U-LJLcLl Amount (In millions of d o l l a r s ) 1956 1955 J u l y | June July June 1*17 r 326 3 0 1956 July from Month Year ago ago 392 -19 + 3 rl092 1127 - 1 + 7 P 587 501 r 552 1*1*9 +17 + 6 Receipts 2 / P 323 329 r 291 323 - 2 +11 New orders 2 / P 1*09 1*92 r 391* 1*62 -17 + 1* 1187 Merchandising Ratios 3 / 1956 JulZ I J une July 1955 June 1951-55 Average July June Stocks to Sales P 3.5 2.8 r 3.3 2.9 3.6 3.0 Outstanding Orders to Sales P 1.7 1.2 1.7 1.1 1.7 1.1 Stocks plus Outstanding Orders t o Sales P 5.2 1*.0 r 5.0 l*.o 5.2 b.l Receipts t o Sales 2 / p 1.0 0.8 0.9 0.8 0.9 0.8 r—Revised. 1 / Figures are based on the sample described i n t h e note below and are p r e sented here s o l e l y t o permit comparisons m t h changes i n orders and r e c e i p t s , For monthly movements of t o t a l department s t o r e s a l e s and s t o c k s , r e f e r to the r e g u l a r monthly s a l e s r e p o r t G.7.2 and stocks r e p o r t G.7.iu2, cr the Federal Reserve B u l l e t i n , 2 / Receipts of goods a r e derived from the reported f i g u r e s on s a l e s and s t o c k s . 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 a t t h e end of the month t o sa?.es 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 arrl r e c e i p t s f o r t h e month. Note:—These f i g u r e s are not estimates f o r a l l department s t o r e s i n t h e United S t a t e s . They are t h e a c t u a l d o l l a r amounts r e p o r t e d by a group of department s t o r e s located i n v a r i o u s c i t i e s throughout the country. I n 1955, s a l e s by these s t o r e s accounted f o r about 50 per cent of estimated t o t a l department s t o r e s a l e s . Figures f o r the most r e c e n t thirteen-month period are shown r e g u l a r l y i n the B u l l e t i n . For d e s c r i p t i o n and back d a t a , January 1939 to August 1952, see Federal Reserve B u l l e t i n 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 .