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rw 4t& LIBRARY BOARD OF GOVERNORS OF THE FEDERAL RE^WB? fiEDi BANk£ L ^#&,miEDIATE RELEASE ^0/rCAy/5^1, 195b MONTHLY DEPARTMENT STORE STOCKS (Based on retail dollar amounts) APRIL 195k Department store stocks at the end of April showed little change from the March level after allowance for the usual seasonal change* The seasonally adjusted index is estimated at 120 per cent of the 19U7-U9 average, compared with 121 for March and 125 for April a year ago. Federal Reserve District Boston New York Philadelphia Cleveland index numbers Percentage change (average end-of-month stocks 19U7-U9=100) April 195k from Seasonally adjusted Unadjusted Month Year 3255 I 1953 T95T "OTT ago ago Apr, Mar, Apr, Apr. | Mar. Apr. 117 113 115 113 118 111 rll2 112 119 rllU 117 111; 122 lid 124 120 120 116 rl20 119 12k rl20 rl27 121 + 2 + 2 Richmond Atlanta . Chicago St. Louis pl35 pl35 rlU2 1 k5 123 128 plU6 pl43 126 1 2 U. 142 147 126 123 rl53 153 128 137 + 2 116 136 1U1 121 120 Minneapolis Kansas City Dallas San Francisco 111 pl27 pl30 116 111 129 127 12 U 114 131 138 132 116 pl36 pl38 125 115 133 136 125 119 1U0 146 ll+l pl20 121 125 pl27 126 132 United States 122 + 3 + 1 - 3 + 1 0 + 1 + 2 - 1 - 2 - 2 - 1 - 5 - 7 - 1 -10 - 2 - 3 + 1 0 -12 + 1 - k - 6 p—Preliminary* r—Revised. Note:—Indexes and percentage changes are based on 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. l463-l5l5. Indexes for the most recent thirteen-month period are shown regularly in the Bulletin. Per cent changes are based on unadjusted indexes.