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a FEDERAL statist! rci RESERVE r' 19 s e LIBRARY G.7.4.2 FOR IMMEDIATE RELEASE December 6, 1962 V*. c/R'j/ occcRVt-S*\ „?6imm5®-AKTMENT STORE STOCKS (Based on retail dollar amounts) October 1962 Department store inventories advanced to a new high in October, after allowance for the usual seasonal change. The index for the month is estimated at 120 per cent of the 1957-59 average compared with 118 in September and 112 in October 1961. Federal Reserve District Index numbers (Average end-of-month stocks 1957-59=100) Unadjusted Seasonally adjusted i 1961 1961 1962 1962 Oct. Oct. Oct. I Sept Oct. Sept. Boston New York Philadelphia Cleveland 116 114 118 116 114 rll2 118 118 Richmond Atlanta Chicago St. Louis 119 117 ! 125 119 • 124 122 117 115 Minneapolis Kansas City Dallas San Francisco United States 113 rllO 107 114 134 134 131 135 123 121 rll9 125 131 rl25 rl23 130 + 1 + 2 + 2 0 + + + + Ill 110 113 114 135 140 135 133 126 126 129 123 126 123 123 130 + 5 + 2 + 2 + 2 + 7 +14 +10 + 3 127 rl20 116 P 123 pl26 117 |pl43 132 123 rl22 rll7 rl28 0 0 + 2 + 2 + 4 + 1 + 8 +11 125 125 + 2 + 8 113 rll3 pill 111 pll2 110 pl29 127 109 110 rl03 rll6 118 112 pl20 Percentage change Oct. 1962 from* Year Month ago ago P135 4 — 2 7 7 4 nNote:—Indexes are based on value of stocks at end of month, tor description of the series see Federal Reserve Bulletin for July 1962r pp. 803-808. 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. #