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BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM G.7.U.2 FOR MEDIATE RELEASE June 6 j - m f t A R Y - «nS'S» MONTHLY DEPARTMENT STORE STOCKS (Based on r e t a i l d o l l a r amounts) JUN g inrp ™ »• fEDtRM- q^^CKGO Department s t o r e s t o c k s i n A p r i l were down from t h e y e a r - e a r l i e r l e v e l , but l i t t l e changed from March, a f t e r allowance f o r the u s u a l s e a s o n a l change. The s e a s o n a l l y a d j u s t e d i n d e x f o r A p r i l i s e s t i m a t e d a t 11*3 p e r c e n t of t h e 1947 -49 average compared with I42 f o r March and 152 f o r A p r i l l a s t year. F e d e r a l Reserve W District Index numbers (Average end-of-month s t o c k s 1947-49=100) Unadjusted Seasonally adjusted 1957 1958 1950 1957 Apr. Apr. Apr. j Mar. Mar. Apr. Percentage change A p r i l * 1958 J rem Month Year ago ago 131 134 150 124 129 rl33 149 126 138 rl38 149 136 136 139 161 130 131 rl37 rl53 130 144 rl44 rl60 142 + 2 0 + 1 — 2 + - 5 3 1 8 Richmond Atlanta Chicago S t . Louis 167 P190 131 l4i 163 193 131 140 181 203 140 147 175 P199 139 149 173 202 132 146 190 213 149 156 + 2 — 2 0 0 - 8 7 7 5 Minneapolis Kansas C i t y Dallas San F r a n c i s c o 129 piu5 P164 Pi5l 132 148 160 149 150 rl60 rl73 161 131 Pl53 P170 pl54 136 153 168 150 153 rl68 rl80 164 3 1 + 2 + 1 -14 - 9 - 6 - 6 142 152 P149 147 159 0 - 6 Boston New York Philadelphia Cleveland United S t a t e s pl43 — - p—Preliminary. " r—Revised! Note;—Indexes a r e 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 t h e p e r i o d January 1947 t o October 1957 see Federal Reserve B u l l e t i n f o r December 1957> p p . 1323-1352. Indexes p r i o r t o 1947 may be obt a i n e d from 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 a r e shown r e g u l a r l y i n t h e B u l l e t i n . * I n p r e v i o u s r e p o r t s , t h e p e r c e n t a g e change f i g u r e s were based on t h e u n a d j u s t e d i n d e x e s . Beginning w i t h t h i s r e p o r t , however, t h e s e two columns w i l l r e f l e c t I changes i n t h e s e a s o n a l l y a d j u s t e d i n d e x .
@FedFRASER