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BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM G.7.U.2 !MT/ "i;z REFERENCE L i D ^ r, FEDERAL R E S E R V E ? * • ' OF CHICAGO aRY FOR IMMEDIATE RELEASE A p r i l 3 , 1956 ;-.o A 1956 MONTHLY DEP-ARlilENf STORE STOCKS ( b a s e d on dBlSBSVfaaomits) RAHi< OF CHICAGO 1 9 56 Department s t o r e stocks a t t h e end of February showed a s l i g h t f u r t h e r increase from the l e v e l of t h e preceding month a f t e r allowance f o r the usual seasonal change. The a d j u s t e d index i s estimated at 138 per cent of t h e 191+7b9 average, compared with 137 f o r January, The value of stocks continued a t a record l e v e l , 11 per cent g r e a t e r than f o r February l a s t y e a r . Federal Reserve District Percentage change Index Numbers (average end-of-month stocks 191+7-1+9 =100) February 1956 from Unadjusted "Seasonally adij usted M /•n*") 4* Vi Year iViOllWl 1956 1956 1955 1955 ago ago Feb. Feb.} Jctll • Feb. Feb. | J a n . 128 121+ 131 121+ 121+ 122 rl32 123 118 rlli+ 117 111+ 120 116 125 119 113 108 rll5 110 Ill rl07 112 109 + + + + 6 8 9 8 + 8 + 9 +12 + 9 Richmond Atlanta Chicago S t . Louis 162 pl6l+ 131 137 160 158 131 138 rll+5 11+7 118 120 150 pl62 121+ 130 11+3 11+6 118 120 rl3l+ 1U5 rll3 111+ + 5 +11 + 5 + 8 +12 +12 +10 +11+ Minneapolis Kansas City Dallas San Francisco 132 pli+8 pi58 piU? 133 11+8 158 11+9 116 129 rll+O rl28 127 pll+3 pl51+ P136 rl22 133 11+0 131 111 rl26 rl35 rll9 + + + + 1+ 8 9 1+ +11+ +ll+ +13 +15 pl38 137 rl2l+ P131 122 117 * + 7 +11 Boston New York Philadelphia Cleveland United S t a t e s p—Preliminary. r—Revised. Note:—Indexes 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 t h e period January 1919 to October 1951 see Federal Reserve. B u l l e t i n f o r December 1951, pp. 11+63-1515. Indexes f o r t h e most recent , thirteen-month period are shown r e g u l a r l y in t h e B u l l e t i n . Percentage changes are based on unadjusted indexes.
@FedFRASER