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BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM 0,7,U*2 FOR IMMEDIATE RELEASE May 6, 1957 MONTHLY DEPARTMENT STORE STOCKS "(Based on retail dollar amounts) March 1957 y DMAFUt0.oV < CFFRENCE lABR*"' Department store stocks in March were little#, %/C) the February level, after allowance fg» t i / H|i/C). fE.Oc.nA JiG^^QBeasonal change* The adjusted index is estj&aifd " 'a / ^ at 1UO per cent of the 1947-49 average, compared w i w 2§9 &&> for February and 135 for March a year ago# On a seasom£$^ ' adjusted basis stocks were about 2 per cent below the pe^-,^. November-December level. | Federal Reserve District 'Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St* Louis Minneapolis Kansas City Dallas San Francisco United States % 173 166 135 133 171 165 13 b 1U1 159 162 128 333 178 17U 138 mi 133 P1U3 pi55 piU5 13i+ 11+2 156 litl 130 1U8 156 rlltl 137 plU7 plU5 plUO 139 135 plUi P161 Percentage change Mar, i 1957 prom Year Month ago ago 0 + 7 +11 + 9 + U + 9 + h + 7 159 163 128 33 I t 16U 169 130 11*1 +12 + 6 + 8 + 5 + 8 + 3 + 6 129 138 + 6 + 7 + 6 +11 + 2 130 13U 153 162 11+2 + 2 132 139 + 9 4 k - 152 0 - h 1 P'—Preliminary* r—Revised# Note;—Indexes are based on value of 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» 1U63-1515. Indexes for the most recent thirteen-month period are shown regularly in the Bulletin, Percentage changes are based on unadjusted indexes# m # Index numbers (Average end-of-month stocks 19U7-lt9=100) Unadjusted Seasonally adjusted 1956 1956 1957 1957 Mar. Feb. Mar. Mar. | Feb. Mar. 128 121 129 130 127 127 rl29 rl21 132 rl21 rl2l+ 135 136 130 UtO 13U 129 13 U 122 122 126 127 127 131 •
