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T- 7S3
BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
FOR IMMEDIATE RELEASE
November 1, 19 5L

G.7.U.1

DEPARTMENT STORE MERCHANDISING DATA
I ibRARY

UNITED STATES - SEPTEMBER 195U

NOV

3 ^^slected series, based on retail dollar amouriflff
Pei^Aw#han^&
Amount
FEDLKAL reserve
September from
(In millions of dollars)
bank OF CHICAGO
Year
Month
1953
1954
ago
ago
Sept. I Aug.
Sept. I Aug.
+

lU

+ 2

1,1U2

+ 8

- 2

U92

U92

+ 5

- 1

U6U

U03

+21

+ 5

LOO !r U6U

369

+27

+10

Sales 1/

P

399

350

Stocks 1/

P1,18L

Outstanding orders

p

Receipts 2/
New orders 2/

r

393

3U5

1,095

rl,213

U86

U65

p

U88

U03

P

509

r

Merchandising Ratios 3/
1953
Sept. ! Aug.

195U
Sept.
Aug.
Stocks to Sales

19U9-53 Average
Sept. 1 Aug.

3.1

3.3

2.9

3.1

1.3

1.3

i.U

1.5

1.6

pU.2

L.5

rlw 3

L.7

h.b

U.6

pl. 2

1. 2

l. 2

1.2

1.2

P3.0

3.1

Outstanding Orders to
Sales

pl. 2

Stocks plus Outstanding
Orders to Sales
Receipts to Sales 2/

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 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.
New 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 r—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 1953,
sales by these stores accounted for about 50 per cent of 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.