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r 'G. 7.L.2 BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM FOR IMMEDIATE RELEASE August 31, 1956 MONTHLY DEPARTMENT STORE STOCKS (Based on r e t a i l dollar amounts) LIBRARY DATA FILE REFERENCE LIBRARY iEDERAL RESERVE BAN* OF CHICAGO Federal Reserve District 1 "Bos ton New York Philadelphia Cleveland July 1956 Department store stocks at the end of July showed l i t t l e change from the preceding -> n /i IQRR month after allowance for the usual seasonal change, SEP 4 The adjusted index i s estimated at 138 per cent . of the 19hl-k9 average, compared with 137 for June FtUtRAL RtStKVt and 127 a year ago* Total dollar value of stocks BANK OF CrllCAuU at the end of July was 8 per cent greater than a year e a r l i e r . Index Numbers Percentage change (average end-of-month stocks 19hl-h9 100)t July 1956 from Seasonally adjusted Unadjusted Tt/r vi 4* Year 11 Montn 1956 i 1955 1956 j 1955 i. ago ago July 1 June 1 July July June 1 July 131 127 132 125 rl32 126 rl32 12a 121 116 125 118 118 rl23 115 r l l 9 119 rl2U 118 115 103 rl06 112 109 Richmond Atlanta Chicago St, Louis 159 pl60 132 139 162 rli|6 162 1U8 131 rl22 138 126 155 pi5o 12ii 128 158 152 123 127 nh3 Minneapolis Kansas City Pallas San Francisco 12? piitit pi5? 128 Plh3 119 13k 155 r l l 7 lh2 rl33 12 ii P138 plii9 Pll2 121 138 ia lh3 115 129 rl39 rl32 Pl38 137 pl30 131 rl20 United States Ikh 127 139 11U 116 !' i ji :! - li 3 it 2 + + + + + + 1 1 1 1 +9 +8 + 8 +10 8 9 6 6 | ! + 2 0 + 3 - 1 + + + + ' - 1 + 8 7 7 7 7 p—Preliminary, r—Revised, Note:—Indexes are based on value of stocks at end of month. For description and monthly indexes for the period January 1919 to October 19$1 see Federal . • Reserve.Bulletin for December 1951? PP. 1163^1515. Indexes for the most recent thirteen-month period are shown regularly i n the Bulletin, . Percentage changes are based on unadjusted indexes.