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BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
G.7.1.2

FOR IMMEDIATE RELEASE
May 5 , 1958.
^

MONTHLY DEPARTMENT STORE STOCKS
(Based on r e t a i l " d o l l a r amounts)

^
6

MARCH 1958

lg$8

Department s t o r e stocks declined f u r t h e r In ^
March a f t e r allowance f o r the usual seasonal change. The
seasonally a d j u s t e d index i s estimated a t 11*3 per cent of
the 191*7-1*9 average compared with lU6 f o r February and
150 f o r March a year ago.

Federal Reserve
District
Boston
New York
Philadelphia
Cleveland

Index numbers
(Ave rage end-of-month stocks 191+7-h9=100)
Unadjusted
Seasonally a d j u s t e d
195o
1958
1957
1957
Mar.
Feb.
Feb.
Mar.
Mar,
Mar.

Percentage
change March
1958 from
Month Year
ago
ago

129
13k
1U9
126

rl3U
rl35
rl5l
130

11*0
137
150
135

131
138
15U
130

rl26
127
rll*5
125

11*2
114
155
139

+ 5
-f 8
+ 6
4- 1*

Richmond
Atlanta
Chicago
S t . Louis

P163
pl9U
131

ll*o

166
199
135
11*2

176
202
139
II48

P173
p20l*
132
ll*6

15'9
197
127
138

187
212
11*1

+
+
+
+

9
3
1*
6

- 8
- 1*
- 6

Minneapolis
Kansas City
Dallas
San Francisco

132
pll*8
pl62
Plli 9

rl3S
151
163
151

11*5
159
rl68
rl5U

136
Pl53
P170

rl32

+

Pl5o

158
ll*2

11*9
165
rl77
156

4-

2
6
8
6

- 9
- 7
-1*
-1*

pll*3

11*6

150

P1U7

139

155

+

6

- 5

United S t a t e s

il*5

15 U

+
4-

-

8
2
1
7

- 5

p—Preliminary.
r—Revised.
Note;—Indexes are based on value of stocks a t end of month. For d e s c r i p t i o n and
monthly indexes f o r the p e r i o d January 19k7 t o October 1957 see Federal Reserve
Bulletin f o r December 1957, pp. 1323-1352. Indexes p r i o r to 191*7 may be obtained from the Division of Research and S t a t i s t i c s . Indexes f o r the most
recent thirteen-month p e r i o d are shown r e g u l a r l y i n the B u l l e t i n . Percentage
changes are based on unadjusted indexes.