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T-7L3 BOARD OF GOVBM\tORS OF THE FEDERAL RESERVE SYSTEM FOR IMMEDIATE RELEASE Jul^f 1^1958. G.7.U.1 DEPARTMENT STORE MERCHANDISING DATA MTA FIU REFERENCE LIBRARJ UNITED STATES - MAY 1958 FEDERAL RESERVE BANK . n ^ nn , ?Aftv "IF £ toL '^8 8a Kqr 9F C^fiBAfiO^ed series, based on retail dollar amounts) Amount May from (In millions of dollars) Year Month U57 "~TF55 ago ago May T Apr. Apr. May Sales 1/ p UUl hl6 kh9 hh3 + 6 - 2 Stocks 1/ pi,308 1,3UU rl,350 1,380 - 3 - 3 Outstanding orders p 322 310 35U 3U2 + h - 9 Receipts 2/ p U05 h61 r kl 9 U80 -12 - 3 P U17 U21 r U31 U13 - 1 - 3 ^New Orders 2/ r Merchandising Ratios 3/ 1953-57 Average May | Apr. 3.0 3.1 0.7 0.7 0.8 0.8 Stocks plus Outstanding Orders to Sales P 3.7 U.o 3.8 3.9 3.8 3.9 Receipts to Sales 2/ P 0.9 1.1 0.9 1.1 0.9 1.1 O P CO Outstanding Orders to Sales Apr. 3.1 CO Stocks to Sales May 3.0 0 19bl 1958 Apr. May 3.2 P 3.0 p—Preliminary. r—revised. 1/ 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.U.2 or the Federal Reserve Bulletin. 2/ Receipts of goods are derived from the reported figures on sales and stocks. Hew orders are derived from receipts and reported figures on outstanding orders. 3/ 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 1957, sales by these stores accounted for about U5 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 obtained from the Board's Division of Research and Statistics.