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Of> '/? BOARD OF GOVERNORS OF THE FEDERAL RESERVE S Y S f W °' 7 'iBd^^495U MONTHLY DEPARTMENT STORE STOCKS (Based on r e t a i l d o l l a r amounts) " L I RELEASE FEBRUARY 195k Department s t o r e stocks a t t h e end of February showed l i t t l e change from t h e January l e v e l a f t e r allowance f o r seasonal v a r i a t i o n . The s e a s o n a l l y a d j u s t e d index f o r February i s e s t i m a t e d a t 119 per cent of the 19k7-k9 average, compared with 120 f o r January and 123 f o r February 1953. Federal Reserve district Boston New York Philadelphia Cleveland Index numbers Percentage change (average end-of-month stocks 19k7-k9=100) Feb. 195k from Seasonally a d j u s t e d Unadjusted Month Year 195k 1953 195k 1953 ago ago Jan. Feb. Feb. Feb. Jan. Feb, 112 10? 111* 113 lilt 111 rill* 115 liU rll2 115 115 106 10k 111 111 102 98 r 99 10k 108 rl09 112 113 + k + 6 +12 + 7 - 2 k 1 1 Richmond Atlanta Chicago S t . Louis 132 plitl 117 127 13 k llt-2 117 117 rl39 116 119 119 127 Pl39 Ilk 108 120 130 108 99 rl3k lkk 116 113 + + + + - 5 k 2 5 Minneapolis Kansas City Dallas San Francisco 110 pl30 pl29 121 rl06 128 128 123 113 rl30 13k 133 106 pl28 pl26 113 rlOO 118 115 111 109 127 132 125 + 6 + 8 +10 + 2 - 2 0 - k - 9 P119 120 123 Pii5 108 119 + 6 -k United S t a t e s 5 7 5 9 Note:—Indexes and percentage changes are based on 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 p e r i o d January 1919 t o October 1951 see Federal Reserve B u l l e t i n f o r December 1951, pp. I l t 6 3 - l 5 l 5 . Indexes f o r the most r e c e n t 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 . Per cent changes a r e based on unadjusted indexes. r
