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t'S/BAf}y G.7.U.2 JUL 6* GOVERNORS OF THE FEDERM£S$5ERVE ^%#EM ^ C/y/zV.% IMMEDIATE RELEASE /C/, OeLy 2, 195U MONTHLY DEPARTMENT STORE STOCKS (Based on retail dollar amounts) May 195U Department store stocks at the end of May showed little change from the level of recent months, after allowance for the usual seasonal change. The seasonally adjusted index is estimated at 121 per cent of the 19U7~U9 average, compared with 120 for April and 127 for May 1953 Index numbers Percentage change Federal Reserve (average end-of-month stocks 19L7-L9=10Q) May 195U from Seasonally adjusted Unadjusted district Month Year "T95IT 1953 "1953" ago ago May Apr May May | Apr. May Boston New York Philadelphia Cleveland 120 115 116 117 - 1 0 - 3 - 1 1U6 1U3 126 12U rl52 1U7 125 138 0 113 pl35 pl29 129 116 13U 135 125 pl26 127 rlii3 lii5 123 131 1U5 pl38 | 137 !P137 | 122 118 135 135 122 Minneapolis Kansas City Dallas San Francisco 111 Pl27 P128 119 111 125 127 116 115 136 139 135 pl21 120 127 1 121 rl20 rl25 119 120 rll7 121 117 Richmond Atlanta Chicago St. Louis United States 121 122 118 118 119 rl23 119 120 117 113 rllit 113 116 12h 123 0 - 1 -5 o h h - 6 0 -11 117 1UU llil li*7 - 3 0 hh - 6 -12 132 - 1 -5 - - 2 - + - - 1 - U - 8 p—Preliminary, r—Revised, Notes—Indexes and percentage changes are based on value of stocks at end of month. For description and monthly indexes for the period January 1919 to October 1951 see Federal Reserve Bulletin for December 1951, pp, lit63" 1515• Indexes for the most recent thirteen-month period are shown regularly in the Bulletin, Per cent changes are based on unadjusted indexes.
@FedFRASER