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7- 763 G,7.1*,l B A D OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM OR FOR Mi EDI ATE REIMSE May 29, 1957 ^ DEPARTMENT STORE MERCHANDISING D T AA ,, % UNITED STATES - APRIL 1957 Amount (In millions of dollars) 1957 1956 Apr, | Mar* Apr. Mar, Sales 1/ Stocks 1/ Outstanding orders Receipts 2/ New orders 2/ p W*1 39h r 388 pl,397 1,356 rl,320 1*11*, r 337 P 31*6 Per cent; changes^Qfo^ Apri] from Month Year ago ago 1*33 1,282 +12 + 3 +ll* + 6 1*02 -16 + 3 p 1*82 1*98 r 1*26 500 - 3 +13 P hlk U51 r 361 1*51 - 8 +15 Merchandising Ratios 3 / 1957 Apr, | Mar, 1956 Apr, I Mar. Apr. 1952-56 average Mar, Stocks to Sales P 3,2 3,1* 3.1* 3,0 3«1 3.1 Outstanding Orders to Sales p 0,8 1,1 0,9 0.9 0,8 1.0 Stocks plus Outstanding Orders to Sales p l*,o 1*.5 U.3 3,9 3,9 l*.l Receipts to Sales 2/ p 1.1 1,3 1,1 1,2 1,1 1,2 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 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 to the regular monthly sales report G«7»2 and stocks report G.7*^*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, 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 to 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 sales and receipts f o r the month. Note:—These figures are not estimates f o r a l l department stores in the United S t a t e s . They are the actual dollar amounts reported by a group of department stores located in various c i t i e s throughout the country. In 1956, sales by these stores accounted for about 50 per cent of estimated t o t a l department store sales* Figures for the most recent thirteen-month period are shown regularly in the Bulletin, For description and back data, January 1939 t o 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 ,