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G.7.1.2

BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM

G.7.1i.2

FOR IMMEDIATE RELEASE
January 7,£ti§8«

DATA FILE
REFERENCE LIBRARY
FEDERAL RESERVE BAM*

n o t i c e
- —

^

7 3o

!9$$

The m o n t S l E s of department s t o r e s t o c k s f o r eac&W^9^a#gRaserve
D i s t r i c t and t h e United S t a t e s have been r e v i s e d f o r t h e p e r i o d 19U9 toQ^&dtMS"
For a d e s c r i p t i o n of t h e p r i n c i p a l f e a t u r e s of t h e r e v i s i o n and indexes f o r % c k
y e a r s , see t h e F e d e r a l Reserve B u l l e t i n f o r December 1957> PP• 1323-1352.

#

A few of t h e Banks have r e v i s e d t h e i r indexes f o r a l o n g e r - t i m e p e r i o d .

MONTHLY DEPARTMENT STORE STOCKS
(Based on r e t a i l d o l l a r amounts)

The s e a s o n a l l y a d j u s t e d r e t a i l v a l u e of department s t o r e
s t o c k s d e c l i n e d s l i g h t l y i n November. The a d j u s t e d index i s e s t i m a t e d
a t 153 p e r c e n t of t h e 19U7-lt9 average compared w i t h 155 f o r October
and 152 f o r November l a s t y e a r .
F e d e r a l Reserve
District

Index numbers
(Average end-of-month s t o c k s 19U7-U9=100)
Unadjusted
Seasonally adjusted
1957
1956
1956
1957
Oct.
Nov,
Nov.
Nov.
Oct.
Nov.

Boston
New York
Philadelphia
Cleveland

P138
138
157
138

138
138
rl56
139

llt2
rl37
151
137

pl61
159
181
156

rl80
15U

166
rl57
174
155

Richmond
Atlanta
Chicago
S t . Louis

P17U
p206
151

17 h
208
1U7
151

181
r206
II4I
150

Pl98
P233
161
169

198
227
161
169

206
r233
160
168

Minneapolis
Kansas C i t y
Dallas
San F r a n c i s c o

150
pl63
P176
pl61

11*8
163
176
rl63

1U5
rl62
rl72
rl57

170
pl8l
P193
pl82

16U
177
193
rl83

Pi53

rl55

152

P17U

172

United S t a t e s

1I4I

156
155

p—Preliminary.
r—Revised*
N o t e : — I n d e x e s a r e based on v a l u e of s t o c k s a t end of month.
 based on u n a d j u s t e d i n d e x e s .
are


Percentage
change Nov.
1957 from
Month Year
ago
ago
+
+
+
+

3
2
1
1

+
+
+

0
3
0
0

- h
0
0
+ 1

165
rl80
rl89
rl76

+ h
+ 2
0
1

+ 3
0
+ 2
+ 3

rl73

+ 1

+ 1

+

P e r c e n t a g e changes

3
1
u
1