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BOARD OF GOVERNORS OF THfc, FEDERAL RESERVE SYSTEM FOR IMMEDIATE RELEASE April 13, 1959. G.7.U.2 v\^n" / // MONTHIJ DEPARTMENT STORE STOCKS (Based on r e t a i l dollar amounts) (#«>* FEBRUARY 1959 Department store stocks declined s l i g h t l y February from the January l e v e l a f t e r allowance f o r adjustment. The February index i s estimated at 150 of the 19h7-h9 average compared -with 152 i n January i n February a year ago. Federal Reserve District My AHr in A seasonal ^GQ per cent and, 1U6 Index numbers (Average end-of-month stocks 19U7-li9=100) Seasonally adjusted Unadjustec 1959 1956 1959 1958 Feb. Jan. Feb. Feb. Jan. Feb, Percentage change Feb. 1959 j?rom7C Month Year ago ago Boston New York Philadelphia Cleveland P139 P139 153 pl28 137 rliil rl55 139 13U 135 151 130 P131 P130 Ht7 P123 12 li 126 137 123 126 127 1U5 125 Richmond Atlanta Chicago S t . Louis P172 P199 plUO P138 177 200 1UU rl67 199 135 1U2 P165 P197 P131 P13U 158 182 129 128 rl60 197 127 138 - 3 0 - 1 Minneapolis Kansas City Dallas San Francisco plkl pl60 pl66 pl58 rl36 159 168 160 138 rl50 163 151 P135 P15U pl61 P1U9 rl26 1U3 1U8 + h Ihh 132 rlitU 158 1U2 + l - l - 1 + + + + pl50 152 116 P1U3 136 139 - l + 3 United S t a t e s IkL + 1 - - 1 2 1 8 h + + + - k 3 2 1 + 3 0 + U - 3 2 7 2 5 Note:—Indexes are based on value of stocks at end of month. For description and monthly indexes f o r the period January 19U7 t o October 1957 see Federal Reserve Bulletin f o r December 1957> pp. 1323-1352. Indexes p r i o r to 19 U7 may be obtained from the Division of Research and S t a t i s t i c s . Indexes f o r the most recent thirteen-month period are shown regularly in the B u l l e t i n .