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BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM FOR IMMEDIATE RELEASE April 14, 1961. >.7,4.2 V Xv MONTHLY DEPARTMENT STORE STOCKS (Based on retail dollar amounts) 1 FEBRUARY 1961 Department store stocks declined further in February from the January level after allowance for the seasonal adjustment. The February index is estimated at 160 per cent of the 1947-49 average compared with 162 in January and 160 in February a year ago. Federal Reserve District Index numbers (Average end-of-month stocks 1947-49=100) Unadjusted Seasonally adjusted I960 1961 I960 1961 Feb,. | Jan. February Feb. | Jan. Feb. Percentage change Fe]j>. 1961 from Month Year ago aeo - 1 - 2 - 3 0 + 2 + 1 - - 1 - 1 + 1 0 Boston New York Philadelphia Cleveland 146 148 157 pl42 147 150 161 142 143 146 160 142 137 138 151 pl36 131 136 142 125 134 rl37 154 136 Richmond Atlanta Chicago St. Louis pl76 p222 148 145 181 224 149 rl47 179 225 147 145 pl65 p222 140 138 160 207 134 rl31 167 223 139 138 Minneapolis Kansas City Dallas San Francisco 143 pl64 176 pl82 146 169 181 178 145 162 180 rl78 137 pl58 171 pl67 135 152 160 158 139 156 175 rl64 - 3 - 3 + 2 pl60 162 160 pl 52 145 152 - 1 United States 2 1 1 1 - 2 - 2 0 + + 1 1 2 2 0 *--Based on seasonally adjusted indexes, p—Preliminary, r—Revised, Note:—Indexes are based on value of stocks at end of month. For description of the series see Federal Reserve Bulletin for December 1957, pp. 1323-1336, Back data may be obtained from the Division of Administrative Services, Indexes for the most recent thirteen-month period are shown regularly in the Bulletin.