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BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM FOR IMMEDIATE RELEASE December 6, I960. G.7.4.2 / VV\-t alkt O I ^ SJS SS MONTHLY DEPARTMENT tiTUKU,STUUMS MUNThLI U i A t t l t l STORE STOCKS tFtl'tN (Based on retail dollar amounts) ; OCTOBER I960 f „ k 4 Seasonally adjusted department store st^cfc^yi-f. declined slightly further in October. The index for the month is estimated at 167 per'cent of the 1947-49 average compared with 168 in September and the record high of 1 6 9 in August. In October 1959 the index was 158. Federal Reserve ) District Index numbers (Average end-of-month stocks 1947-49=100) Unadjusted Seasonally adjusted 19-59 I960 1959 I960 October Oct. 1 Sept. October Oct,, 1 Sept, Percentage change Oct* I960 j from Month Year ago aero Boston New York Philadelphia Cleveland 152 151 166 151 152 153 166 154 145 143 rl60 139 172 171 191 169 159 l6l 174 160 164 rl6l rl84 156 0 - 1 0 - 2 + 9 Richmond Atlanta Chicago St. Louis 184 231 159 150 188 230 160 152 rl80 225 151 143 209 251 175 171 199 239 166 161 205 245 167 - 2 0 - 1 - 1 + 2 pl58 pl74 pl92 pl79 159 171 189 178 148 161 185 rl62 pl75 pl88 p212 pl98 rl66 P176 201 188 163 174 203 rl8l + + + 1 1 2 1 + 7 + 8 + 4 +10 pl6? 168 158 pl86 176 rl76 - 1 + 6 Minneapolis Kansas City Dallas San Francisco United States 163 + 5 + 6 + 4 + 3 + 5 + 5 Note:—Indexes are based on value of stocks at end of month. For description of the series see Federal Reserve Bulletin for December 1957» PP* 1323-1336« Back data may be obtained from the Division of Administrative Services. Indexes for the most recent thirteen-month period are shown regularly in the Bulletin.