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BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM r 7 U9 a 7 k 2 - - ' FOR IMMEDIATE RELEASE J u l y 7 , 1958. vi ttlli- 4LA®KTW BK^ ^ Ln MONTHLY DEPARTMENT STORE STOCKS TBased on r e t a i l d o l l a r amounts) MAY 1 9 5 8 M Y !958 A /,, U L ^ ^ Q . &B8 Department s t o r e stocks i n May were l i t t l e from t h e A p r i l l e v e l , a f t e r allowance f o r t h e u s u a l seasonal change. The s e a s o n a l l y a d j u s t e d index f o r May i s lUU per cent of t h e 19U7-U9 average, compared with lU3 f o r A p r i l . 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 1950 1957 1958 May May A p r i l May April May *0 Percentage change Mayv 1958 frcm Month I Year ago 1 ago ^ioston New York Philadelphia Cleveland 133 133 153 125 131 13U rlU9 12 U lUo 137 153 135 135 136 156 129 136 139 rl60 130 1U3 rlUl 156 139 + 1 0 + 2 + 1 - 5 - 3 0 - 7 Richmond Atlanta Chicago S t . Louis 169 P 190 133 167 190 131 Ha 182 198 1U2 151 170 pl92 137 1U0 175 200 139 1U9 rl8U 200 1U7 151 + 1 0 + 1 - 1 — 7 - U - 6 - 7 Minneapolis Kansas C i t y Dallas San F r a n c i s c o 127 plU6 16U pl52 129 1U5 163 151 1U8 161 175 rl59 126 plU8 163 Pi5i rl32 153 169 15U 1U7 rl62 173 rl58 + + + 2 1 1 1 -111 - 9 - 6 - u plitU 1U3 152 plU6 1U9 155 + 1 - 6 United S t a t e s mo * Based on s e a s o n a l l y a d j u s t e d i n d e x e s . p—Preliminary. r—Revised. Notes—Indexes are based on v a l u e of stocks a t end ol month. For d e s c r i p t i o n and monthly indexes f o r t h e p e r i o d January 19U7 t o October 195? see F e d e r a l Reserve B u l l e t i n f o r December 1957> pp. 1323-1352. Indexes p r i o r t o 19U7 may be obt a i n e d frcm t h e D i v i s i o n of Research and S t a t i s t i c s . Indexes f o r t h e 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 are shown r e g u l a r l y i n t h e B u l l e t i n .
