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BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM G,7,4,2 FOR IMMEDIATE RELEASE December 4, 1959. ,ifc\K MONTHLY DEPARTMENT STORE STOCKS (Based on retail dollar amounts) / ,*y «*»»» Department store stocks declined 1 perr'$^f. 4%%^ "" October after allowance for seasonal variation. The October index is estimated at 159 per cent of the 1947-4y% average compared with l6l in September and 152 in October 1958. Federal Reserve District Index numbers (Average end-of-month stocks 1947-49=100) Unadjusted Seasonally adjusted 1958 1959 1958 1959 Oct, Sept, Oct, Oct, 1 Sept. Oct, - 2 0 - 1 0 + + + + + - 4 2 3 1 + 2 +11 + 4 + 7 156 rl?4 rl86 rl80 0 + 1 + 3 - 5 + 4 0 +10 + 1 170 - 1 + 5 Boston New York Philadelphia Cleveland 145 143 160 139 148 144 161 139 142 rl38 rl54 131 164 161 184 156 154 151 169 145 161 rl 56 rl77 147 Richmond Atlanta Chicago St. Louis 180 225 151 145 188 222 157 147 rl77 202 146 136 205 245 167 163 194 230 163 154 201 221 160 153 146 pl60 pl87 pl62 146 159 182 170 141 160 rl69 rl60 162 pl74 p206 pl82 152 164 192 17 6 p!59 161 152 pl78 168 Minneapolis Kansas City Dallas San Francisco United States Percentage change Oct, 1959 from Month Year ago ago 2 3 4 6 ,1 J J d O C U vii o c a u v n a J - i j aujv*uuv/v* w * ^ u * Note: Indexes are based on value of stocks at end of month. For description and monthly indexes for the period January 1947 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,
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