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B A D OF GOVERNORS OF THE FEDERAL RESERVE SYS$\ OR G.7.U.2 RELEASE .FOR ' W 3, 195U* M N H Y DEPARTMENT STORE STOCKS f OTL ' /££ {Based on r e t a i l dollar a m o u n t a ^ ^ ^ . ^ w Oa/^6/,, M R H 195 k AC °^Qo % a Value of department store stocks increased s l i g h t l y in March, a f t e r allowance f o r the usual seasonal change. The adjusted index for the month i s estimated at 121 per cent of the 1947-49 average compared with 119 f o r February and 122 f o r March a year ago. Federal Reserve district k f Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis Kansas Dallas San Francisco Index numbers (average end-of-month stocks 1947-49=100) Unadjusted Seasonally adjusted 1954 1954 I 1953 I 1953 Mar. Feb. Mar. Hat*. Feb. | Mar. 1 112 118 116 120 106 118 111 112 116 104 117 107 111 r l l 3 112 119 111 120 112 113 119 111 119 113 136 141 121 120 132 141 117 127 rl40 145 118 122 142 147 126 123 111 pl30 pl26 124 110 128 130 121 111 129 133 133 115 P133 P135 125 Percentage change .March 19SU from TV/IV-vy*! rion -f- "U wl ago +13 +12 + 7 + 7 113 115 133 142 134 +1 0 - 1 0 +12 +6 +11 +15 127 rl46 139 151 114 122 108 125 106 125 127 lear ago + - + 8 1 I +6 | + 6 ! +10 | 3 2 3 2 0 0 - 5 - 7 ! United States pl21 119 122 pl26 114 127 +10 - 1 p Preliminary. r—Revised. Note:--Indexes and percentage changes are based on stocks a t end of month. For description and monthly indexes f o r the period January 1919 to October 1951 see Federal Reserve Bulletin for December 1951, pp. 1463-1515. Indexes for the most recent thirteen-month period are shown regularly in the Bulletin. Per cent changes are based on unadjusted indexes. ~