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BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM FOR IMifMATE RELEASE May 31, A 0.7.4.1 DEPARTMENT STORE MERCHANDISING DATA UNITED STATES - APRIL 1961 ni CM^^Selected series, based on retail dollar amounts) Per cent change Amount April from (In millions of dollars) Year Month 1261. 1261. ago ago April | March April | March 508 419 -10 -15 1,459 rl,480 1,471 + 3 + 1 386 441 r 416 456 -12 - 7 471 570 r 517 521 -17 - 9 537 r 477 462 -23 -13 Sales , / 1 p 430 Stocks if pi,500 Outstanding Orders P Receipts 2/ P New Orders 2/ p 416 479 r Merchandising Ratios 3/ I960 1961 April 1 March April 1 March 1956-60 average March April Stocks to Sales P 3.5 3.0 2.9 3.5 3.2 3.2 Outstanding Orders to Sales p 0.9 0.9 0.8 1.1 0.8 1.0 Stocks plus Outstanding Orders to Sales p 4.4 4.0 3.7 4.6 4.0 4.2 Receipts to Sales 2/ p 1.2 1.0 1.2 1.1 1.2 1.1 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.7.4.2 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 IStates. They are the actual dollar amounts reported by a group of department stores located in various cities throughout the country. In i960, 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 ob tained from the Board's Division of Research and Statistics.