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BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
G,7,4,2

FOR IMMEDIATE RELEASE
December 4, 1959.
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icK

MONTHLY DEPARTMENT STORE STOCKS
(Based on retail dollar amounts)

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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,

Percentage
change Oct,
1959 from
Month Year
ago
ago
- 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

2
3
4
6

,
1
J J d O C U

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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,