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BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
"G.7.J4.2

FOR MMED2&8)RELEASE
VKtWi

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o t ( c a s e d

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DEPARTMENT STORE STOCKS

on r e t a i l d o l l a r amounts)

( t # * # e»vct$®

1

Qc-

OCTOBER 1957

Department s t o r e stocks were unchanged i n October
a f t e r allowance f o r the usual seasonal change. The s e a s o n a l l y
a d j u s t e d index i s estimated a t 11+3 p e r cent of t h e 191+7-1+9
average, t h e f i f t h consecutive month a t t h i s l e v e l and one
p e r cent h i g h e r than a year ago.
Federal Reserve
District

Percentage
change Octw1957 from
Month Year
ago
ago

Index numbers
(Average end-of-month stocks 191+7-1+9=100)
Seasonally a d j u s t e d
Unadjusted
1957
1956
1956
1957
Oct.
Oct.
Sept.
Sept.
Oct.
Oct.

fcoston
*ew York
Philadelphia
Cleveland

126
133
139
129

128
rl33
rll+3
129

131
rl30
135
129

1U3
11+9
160
1++
11

132
11+1
rl50
135

11+8
H+5
156
1++
11

Richmond
Atlanta
Chicago
S t . Louis

166
176
136
138

173
170
135
131+

175
17k
131+
137

181+
192
155
151+

179
177
ll+l
11+5

rl9l+
190
153
153

+ 3
+ 8
+10
+ 7

+
+
+

11+0
pil+5
pl68
Pl5l

131+
ll+o
166
153

139
150
rl65
rll+6

151
Pi57
Pl85
Pl72

11+0
11+6
176
159

151
162
rl82
rl66

+
+
+
+

8
8
5
8

0
- 3
+ 2
+ 3

pll+3

lii3

11+2

pl60

150

159

+ 7

+ 1

Minneapolis
Kansas C i t y
Dallas
San Francisco

United S t a t e s

+
+
+
+

,
i

8
6
7
6

-3
+ 3
+ 3
0
5
l
1
l

Note;—Indexes are based on value of stocks at end of month. For d e s c r i p t i o n and
monthly indexes f o r t h e p e r i o d January 1919 t o October 1951 see Federal Reserve
B u l l e t i n f o r December 1951, pp. ll+63-l5l5* Indexes f o r t h e most r e c e n t
thirteen-month p e r i o d are shown r e g u l a r l y i n the B u l l e t i n . Percentage changes
are based on u n a d j u s t e d indexes.