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FEDERAl. •& statistical RESERVE release Ms, FOR IMMEDIATE RELEASE February 13, 1964 G.7.4.2 MONTHLY DEPARTMENT STORE STOCKS (Based on retail dollar amounts) - "Sr mi ) DECEMBER 1963 / v'/** Department store inventories in December declined SISs-*«"-'Slightly from the record November level, after allowances """for the usual seasonal variations. The December index is estimated at 127 per cent of the 1957-59 average, down 1 per cent from November, but 6 per cent above December of 1962. Federal Reserve District Percentage Index numbers change Dec. (Average end-of-month stocks 1957-59=100) 1963 from* Unadjusted Seasonally adjusted Year Month 1962 1963 1902 ±9b3 ago ago Dec. Nov. Dec. | Nov. Dec. Dec. Boston New York Philadelphia Cleveland 122 125 117 127 123 126 117 128 118 120 112 118 114 117 106 118 146 147 137 151 110 112 rlOl 109 Richmond Atlanta Chicago St. Louis 126 133 126 130 128 130 131 127 rl21 rl29 121 121 115 118 112 116 145 152 147 143 rill 115 108 108 119 pl20 P123 P 138 122 122 122 138 111 rll3 111 rl29 112 rl40 141 pll2 139 P113 pl26 157 104 rl05 103 118 P127 128 rl20 pll6 Minneapolis Kansas City Dallas San Francisco United States 147 110 „ 1 1 0 1 - + + + + 4 4 5 7 1 + 3 + + + + 4 3 4 8 2 1 + 1 0 + 7 + 6 +10 + 7 1 + 6 — + 2 - 4 — - - Note:—-Indexes are based nn value of stocks at end of month. For description of the series see Federal Reserve Bulletin for July 1962, 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.