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T - >63 BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM FOR BMEDIATE RELEASE September 29, 1955 G . 7 . 1 . 1 ^ ^P-.KFV^ OG"\ 3 \<0> IMENT STORE MERCHANDISI • 0 t ^Af CHicWfflllBD STATES - AUGUST 1955 * 1 Amount ( i n millions of d o l l a r s ) 1954 1955 August | July 0 0 Per cent change August frcm Month Year ago ago August July 351 307 +18 + 9 r1,096 1,045 + 6 + 5 +18 r Sales 1 / P 382 324 Stocks 1 / pi,156 1,090 Outstanding orders P 55o 554 r 466 472 - 1 Receipts 2/ P 448 292 r 402 282 +53 New orders 2 / P 444 397 r 396 362 +12 • +11 +12 Merchandising Ratios 3 / e 0 • 1955 1954 July 1F50=5U Average August i J iily August July August Stocks to Sales P3.0 3.4 3.1 3.4 3.1 3.4 Outstanding Orders t o Sales pi.4 1.7 1.3 1.5 1.6 1.8 Stocks plus Outstanding Orders t o Sales P4.5 5.1 4.5 4.9 4.7 5.2 Receipts to Sales 2 / pl.2 0.9 1.1 0.9 1,2 0.9 p—Preliminary. r—Revised. 1/ Figures are based on t h e sample described i n t h e note below and are p r e sented here s o l e l y t o permit comparisons with changes i n orders and r e c e i p t s . For monthly movements of t o t a l department store s a l e s and stocks, r e f e r to the regular monthly s a l e s r e p o r t G.7.2 and stocks r e p o r t G , 7 . 4 . 2 , or t h e Federal Reserve Built-, bin. 2/ Receipts of good-f'are derived from the reported f i g u r e s on s a l e s and stocks. Few orders are derived from r e c e i p t s and reported f i g u r e s on outstanding orders, 3 / The f i r s t t h r e e r a t i o s are of stocks and/or orders a t the end of the month Fo s a l e s 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 s a l e s and r e c e i p t s f o r the month. Notes—These f i g u r e s are not estimates f o r a l l department s t o r e s i n the United S t a t e s . They are the a c t u a l d o l l a r amounts reported by a group of department s t o r e s located i n various c i t i e s throughout t h e country. jn 1954, s a l e s by these s t o r e s accounted for about 50 per cent of estimated t o t a l department s t o r e s a l e s . Figures f o r the most recent thirteen-month period are shown r e g u l a r l y i n t h e B u l l e t i n . For d e s c r i p t i o n and back d a t a , January 1939 t o August 1952, see Federal Reserve B u l l e t i n f o r October 1952, pp. 1098-1102. Back data may be obtained from the Board's d i v i s i o n of Research and S t a t i s t i c s .