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BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM G 7,4,2 exit FOR IMMEDIATE RELEASE JUly ^ MONTHLY DEPARTMENT STORE STOCKS (Based on retail dollar amounts) ^ 0$ ^ ,5 MAY I960 ^ '4/0 v ^ Department store inventories increased 2 per ce^^fem April to May, The seasonally adjusted index for May is estimated at 161 per cent of the 1947-49 average compared with 159 in April and 152 in May 1959, Federal Reserve District Boston New York Philadelphia Cleveland Index numbers (Average end-of-month stocks 1947-49=100) Unadjusted Seasonally adjusted 1959 I960 1959 I960 May April May May May 1 April 1Percentage change May I960 frcm* Month Year ago ago 141 146 144 149 162 rl57 144 139 138 rl]8 rl58 128 149 151 166 148 147 150 rl68 146 141 rl39 rl6l 132 + + + + 3 4 3 3 + 6 + 8 + 3 +12 Richmond Atlanta Chicago St. Louis pl84 p224 152 149 181 224 146 147 rl?4 200 142 145 pl83 p226 155 147 188 232 155 153 rl?4 202 145 143 + 2 0 + 4 + 1 + 6 +12 + 7 + 3 Minneapolis Kansas City Dallas San Francisco 149 rl46 pl60 157 181 pl85 176 pl6? 140 rl55 175 rl69 149 pl6l p!83 pl66 150 163 189 179 139 156 174 rl68 + + + - + + + - 152 PI63 165 153 United States JJdoCU uii pl6l ocd.ounaJ.xj 159 a u j u a v/uu • jr * ~ — o " 2 2 2 5 7 3 5 1 + 2 + 6 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.
@FedFRASER