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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

h
h

- 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.