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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.