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BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
G.7.11,2

FOR IMMEDIATE RELEASE
February 5, 1959.
, . c\Lt

oV

MONTHLY DEPARTMENT STORE STOCKS
"[Based on r e t a i l d o l l a r 'amounts)

/

X<7/s

" K i 9 5 8
%
Department s t o r e stocks decreased in Decemb&O^r$6^
the November l e v e l , the f i r s t month-to-month reduction nox&fc ^
since l a s t March. The seasonally a d j u s t e d index f o r December 5 ^
i s estimated a t 150 per cent of t h e 1947-49 average, t h r e e
p o i n t s below t h e November index but unchanged from December 1957•

Federal Reserve
District

Index numbers
(Average end-of-month stocks 1947-49-100)
Unadjusted
Seasonally a d j u s t e d
1958
1957
- 1958
"
Dec.
Dec # wov.
Dec.
Dec. 1 Nov.

mr

Percentage "
change Dec.
1958 from""
Month x6 3.T
ago
ago

Boston
New York
Philadelphia
Cleveland

P139
111
158
pl28

Ik2
lltO
rl59
130

136
138
154
13 4

P129
130
142
P117

166
161
rl83
147

rl26
rl28
139
122

2
+ 1
- 1
1

+
+
+
-

Richmond
Atlanta
Chicago
S t . Louis

pl74
p206
plU2
pl34

180
20?
11*3
137

rl7U
207
lUo
141

Pl59
Pl79
P125
Pl21

205
234
163
153

rl57
180
124
127

- 4
0
- l
— 2

0
- i
+ i
- 5

Minneapolis
Kansas City
Dallas
San Francisco

lUl
Pl60
pl67
Pl57

140
165
172
160

143
158
• rl68
rl53

131
pi45
pi55
pi43

159
184
190
180

132
144
157
rl40

+ 1
- 3
- 3
2

+
+

Pl50

153

150

P136

173

rl36

- 2

United S t a t e s

—

—

2
2
3
4

l
l
l
2
0

Note:—Indexes are based on value of stocks a t 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 1947 to October 1957 see Federal Reserve
B u l l e t i n f o r December 1957, pp. 1323-1352. Indexes p r i o r t o 1947 may be obtained "frcm t h e Division of Research and S t a t i s t i c s . Indexes f o r t h e most recent
thirteen-month period are shown r e g u l a r l y i n the B u l l e t i n .