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BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM LIBRARY G.7.U.2 MAR DM* FILE •S=ss- fok x.lMKDlAii REIEASE 8 1956farch 6 ' 1956 MONTHLY DEPARTMENT STORE STOCKS (Based on r e t a i l d o l l a r ^RESERVE BANK OF CHICAGO JANUARY 1956 The value of department s t o r e stocks i n creased f u r t h e r in January 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 mated at 137 per cent of the 19U7-U9 average, compared with 13It f o r December, Stocks at the end of January were valued a t a new record l e v e l , 10 per cent g r e a t e r than a year e a r l i e r . Federal Reserve 1 District Index Numbers (average end-of-month stocks 191*7-U9=100) Seasonally a d j u s t e d Unadjusted 1956 1955 1955 19561 Jan. Jan* | Dec. Jan. J a n . I Dec. Percentage change January 1956 from iV-l U - L i Uli. ago Year ago Boston New York Philadelphia Cleveland pl2lt 122 131 123 126 121 131 12 U 118 rill* 118 Hi; P113 108 111* 110 117 110 rll6 110 107 rl02 103 101 - 3 2 1 1 + 5 + 6 +11 + 8 Richmond Atlanta Chicago S t . Louis pl60 Pl58 131 Pl37 157 156 127 133 rlUl ll*6 rll9 121 Pl43 pll*5 118 P119 131 137 115 120 rl26 13 U rl07 105 + + + - 9 6 3 1 +1U + 8 +10 +13 Minneapolis Kansas City Dallas San Francisco 133 1U8 Pl60 plU8 rl32 rlU3 158 HA 116 rl30 rl37 rl32 123 133 P1U2 P131 rll8 rl29 11+2 118 107 rll7 rI22 rll7 + 1 * + 3 0 +11 +il* +11* +17 +12 pl37 13k rl2U p l 22 119 rill + 3 +10 United S t a t e s p—Preliminary. r—Revised. Note:—Indexes are based on value of stocks at 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 to October 1951 see Federal Reserve B u l l e t i n f o r December 1951, pp. Ili63-l5l5« Indexes f o r t h e most recent thirteen-month period are shown r e g u l a r l y i n t h e B u l l e t i n . Percentage changes are based on unadjusted indexes.
