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BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM G.7.4.2 FOR IMMEDIATE RELEASE August 4, 1959. MONTHLY DEPARTMENT STORE STOCKS (Based on retail dollar amounts) ^ JUNE 1959 e Department store stocks increased 3 per cent ^ Ot ySiMlune and the seasonally adjusted index is estimated at lyy Cfy per cent of the 1947-49 average, a new June record and the ^Grf highest level reached since October 1957, when the index level was also 155• Federal Reserve District 6 Toston Percentage change June 1959 from* Month Year ago ap;o New York Philadelphia Cleveland 142 141 164 131 138 136 156 128 135 136 rl54 126 134 132 153 125 141 140 rl59 132 126 127 rl43 120 + 3 + 3 + 5 + 3 + + + + Richmond Atlanta Chicago St. Louis 183 202 149 147 172 200 140 143 rl?4 191 138 144 169 192 145 136 173 202 145 143 rl6l 182 134 134 + + + + 7 1 6 2 + 5 141 P151 pl8l pl68 rl40 154 175 167 136 152 168 156 133 pl45 pl69 pl6l rl39 155 174 166 128 146 156 150 + 1 + 4 2 + 3 + 1 1 -f 8 + 8 P155 151 147 P147 153 140 + 3 4* Minneapolis Kansas City Dallas San Francisco United States # Index numbers (Average end-of-month stocks 1947-49=100) Unadjusted Seasonally adjusted 19 59 1959 i 195.8 1958 Juna ! May 1 June May June June - 6 4 7 4 6 + 8 + 2 5 *Based on seasonally adjusted indexes• 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 194? to October 1957 see Federal Reserve Bulletin for December 1957, pp. 1323-1352. Indexes prior to 1947 may be obtained from the Division of Research and Statistics• Indexes for the most recent thirteen-month period are shown regularly in the Bulletin.