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BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM G.7.U.2 ' IMMEDIATE RELEASE 4py? # * M N H Y DEPARTMENT STOffi&jQCKS OTL (Based on r e t a i l 'v ' 9/ & l j 1955 '&$S FEBRUARY 1955 Department store stocks declined i n February a f t e r allowance f o r the usual seasonal change, The adjusted index i s estimated a t 121 per cent of the 19ii7-li9 average, compared with 123 f o r January and 118 f o r February a year ago. Federal Reserve district Index numbers (average end~of-month stocks 19li7-ii9=100) Unadjusted Seasonally adjusted 1955 1951* 1955 19 51 Jan. Feb. Feb. Feb. Jan, Feb. Percentage change February 1955 from Month ago Year ago Boston New York Philadelphia Cleveland P117 109 llU pll2 119 112 rll8 112 112 107 113 113 pill 106 112 pllO 107 100 rl03 102 106 101* 111 111 + + + + k 6 9 8 +h +2 4- 1 - 1 Richmond Atlanta Chicago S t , Louis pl37 plU6 118 122 139 1U6 118 127 rl31 111 117 rl!3 P132 piL5 lilt 116 125 133 108 rl26 139 107 108 + + + + 6 8 5 8 5 +h 0 + 7 Minneapolis Kansas City Dallas San Francisco Pii5 133 pl29 125 113 rl32 128 129 110 128 rl28 121 pill 130 pl26 118 106 122 115 117 106 rl26 rl25 113 + s + 7 +10 + 1 + 5 +h +l + h pl21 123 rll8 pll7 111 Ilk + 6 2 United S t a t e s 111 p—Preliminary. r—Revised. Note:—Indexes and percentage changes are based on value of stocks a t end of month. For d e s c r i p t i o n and monthly indexes f o r the period January 1919 to October 1951 see Federal Reserve B u l l e t i n f o r December 1951, pp. 11*631515. Indexes f o r the most recent thirteen-month period are shown regul a r l y i n the Bulls t i n . Percentage changes are based on unadjusted indexes.