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BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
G.7.U.2

FOR IMMEDIATE RELEASE
November 3, 1958.

^

•s5iS"» S E ' S K S S S ,
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Department s t o r e stocks increased i n September frari^ OF CHICAQJ?
t h e August l e v e l . The seasonally a d j u s t e d index f o r September
•
i s estimated a t 1£>1 per cent of the 19U7-U9 average, a 2 per
cent i n c r e a s e from the lU8 index noted i n July and August,
but s t i l l below t h e 15 U l e v e l of September 1957s

Federal Reserve
District

Index numbers
(Average end-of-month stocks 1947-U9=100)
Seasonally ad;justed
Unadjusted
1958
1950
1957
1957
Sept. .
Aug.
S e p t . S e p t . Aug.
Sept.

Boston
New York
Philadelphia
Cleveland

Ihl

137
156
132

137
135
rl53
128

138
138
159
139

133
132
m
16k rlU7
123
137

Richmond
Atlanta
Chicago
S t . Louis

175
198
1U5
136

172
192
ia
1U3

181
201

Ibk

151

181
206
151
1U3

1U2
pl55
pl65
pl58

137
152
163
152

1U5
159
173
162

pl5l

1U8

15U

Minneapolis
Kansas City
Dallas
San Francisco
United S t a t e s

Percentage
change Sept.
1958 from *
Month Year
ago
ago

1UU
rll+6
167
1UU

+
+
+
+

3
1
2
3

+
-

167
188
138
1U1

187
209
150
158

+
+
+

2
3
1

- 3
- 1
0
-10

1U8
P 159
P175
pl61t

13U
150
163
153

151
16U
rl83
168

+
+
+
+

b

2
1
3

-

Pl57

Ihb

160

+

2

- 2

1U7

- h

2
1
2
5

2
3
5
2

* Based on s e a s o n a l l y a d j u s t e d indexes.
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 t h e period January 19U7 to October 1957 see Federal Reserve
B u l l e t i n f o r December 1957> pp. 1323-1352. Indexes p r i o r t o 191+7 may be obt a i n e d from t h e Division of Research and S t a t i s t i c s . Indexes f o r the most
r e c e n t 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 .