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yvLuc?. P FOR IMMEDIATE RELEASE December 6, 1961 G.7.4.2 MONTHLY DEPARTMENT STORE STOCKS (Based on retail dollar amounts) OCTOBER 1961 Department store inventories in October remained at the record high level reached during September, after seasonal adjustment. The October index is estimated at 170 per cent of the 1947-49 average, unchanged from September, but 2 per cent above the 167 index of October 1960. Federal Reserve District Index numbers (Average end-of-month. stocks 1947-49=100) Unadjusted Seasonally adjusted I960 1960 1961 1961 Sept. Sept, Oct. Oct. Oct. Oct. Percentage change Oct. 1961 jFrom * Month Year ago ago 161 152 168 152 160 151 rl67 151 152 151 rl64 151 182 171 193 171 168 158 rl?6 157 172 171 rl88 169 0 + 1 0 + 1 Richmond Atlanta Chicago St. Louis pl88 252 160 154 189 239 166 154 185 231 159 150 P215 263 176 175 200 248 173 163 211 251 175 171 0 + 1 - 4 0 Minneapolis Kansas City Dallas San Francisco 156 P175 pl91 pl84 155 173 . 187 180 161 173 rl93 rl80 173 pl89 p210 p203 162 178 199 190 178 187 r212 rl99 pl70 170 167 178 187 Boston New York Philadelphia Cleveland United States pl90 + + + + + 6 0 + 3 + 1 + + .+ + 2 5 1 3 1 1 2 2 + + 3 1 1 2 0 + 2 *—Based on seasonally adjusted indexes. p—Preliminary. r—Revised. 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. •f jj • y\
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