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BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM FOR IMMEDIATE RELEASE G.7.U.2 J u l DATA FILE J t m m t LIBRARY KBERAL RESERVE BANK OF CHICAGO MONTHLY DEPARTMENT STORE STOCKS (Based on r e t a i l d o l l a r amounts) tiBRARY j uL y 1956 FEDERAL RESERVE SANK OF CHICAGO M Y 1956 A Seasonally a d j u s t e d department s t o r e . s t o c k s declined somewhat i n May from t h e A p r i l l e v e l , a f t e r allowance f o r the usual seasonal change. The a d j u s t e d index i s e s t i m a t e d t o be 13U of the 19U7-U9 average, compared w i t h 136 i n A p r i l and 12k i n May 1955 • The a d j u s t e d index f o r the f i r s t f i v e months averages 136. i Federal Reserve District Percentage change Index Numbers (average end-of-month stocks 191:7~U9=100) May 1956 from Unadjusted Seasonally adljusted Month Year 1956 1955 1956 ago ago May Apr. May May. Apr. May 132 127 135 126 133 130 1U0 129 123 rll7 12 U 117 - 1 2 U 2 + + + + P 165 161 131 135 168 172 134 1U3 rlU7 150 rl2U - 2 6 2 5 +12 + 8 + 6 +12 117 rl33 rlUl rl27 1 128 piU5 Pi55 piU8 rl33 151 1.62 llt9 118 rl36 rlli2 rl37 - U - k - h 0 + + + + rl2U P139 1U2 rl28 - 2 + 8 128 123 130 121 128 12U 131 123 120 rll3 119 113 Richmond Atlanta Chicago S t . Louis pl56 160 130 135 157 165 131 136 rlUO 1U8 rl23 121 Minneapolis Kansas City Dall as San Francisco 126 P1U3 pi5U pl38 rl28 1U5 15U 11*3 P13U 136 Boston New York Philadelphia Cleveland United S t a t e s 1 ia 6 9 9 7 8 7 9 8 p—Preliminary. r—Revised. Note: —Indexes are based on value of s t o c k s a t end of month. For d e s c r i p t i o n and monthly indexes f o r the period January 1919 t o October 1951 see Federal Reserve B u l l e t i n f o r December 195l> pp. 1U63-1515• Indexes f o r the most r e c e n t t h i r t e e n - m o n t h p e r i o d a r e shown r e g u l a r l y i n the B u l l e t i n . Percentage changes are based on unadjusted indexes.
