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BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
G.7.U.2

IOR IMMEDIATE RELEASE
' "^
2, 19$k
* y ^
* f
'

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^£V^,tx*v." . " c ^
-v.

„1 % . ^
5t

MONTHLY DEPARTMENT STORE STOCKS
{Based oh retail dollar amount)

t'tyff'VtyDuring the first half of 195U? the ~''Qq
seasonally adjusted index of department store
stocks has been relatively stable at around 120
per cent of the ±9kl-k9 average. The index at
the end of June, estimated at 122, was slightly
higher than the first-half average, and it was
5 per cent below the level of a year ago,

Federal Reserve
district

Percentage change
index numbers
(average end-of-month stocks 19U7-U9=100) June 195U from
Unadjusted
Seasonally adjusted
Year
Month
1953
^95h
1953
195U
ago
ago
June
May
| June June
June May

Boston
New York
Philadelphia
Cleveland

11?
11U
117
115

120
115
116
117

117
118
122
122

110
107
109
109

121
118
119
119

110
rllO
113
115

Richmond
Atlanta
Chicago
St. Louis

138
135
122
119

137
137
122
118

146
1U7
123
132

132
128
116
119

1U5
138
12U
123

139
139
117
132

112
pl32
pl32
122

111
127
128
119

llii
iUo
rl42
135

107
pl28
pl21
122

113
13 I
t
130
129

109
136
rl31
136

pl22

121

128

pll6

126

123

Minneapolis
Kansas City
Dallas
San Francisco
United States

—
—

—
—

-

-

9
9
9
9

0
- 3
- h
- 5

9
7
7
3

- 5
— 8
-1
-10

5
h
7
5

- 2
- 6
- 7
-10

7

- 5

p—Preliminary.
r—Revised.
Note:—Indexes and percentage changes are based on value of stocks at end of
month. For description and monthly indexes for the period January 1919
to October 1951 see Federal Reserve Bulletin for December 1951* pp. 1U631515. Indexes for the most recent thirteen-month period are shown
regularly in the Bulletin. Per cent changes are based on unadjusted
indexes.