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BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM G.7.4.2 ^ FOR IMMEDIATE RELEASE November ^ 1 9 5 9 . ^ ( B a s MONTHLY DEPARTMENT STORE STOCKS e d on retail dollar amounts) . SEPTEMBER 1959 Department store stocks continued to increase in September and the seasonally adjusted index is estimated to have reached l6l per cent of the 1947-49 average. This is 1 per cent above the 160 index of August and 7 per cent above the 150 level of September 1953. Federal Reserve District Percentage Index numbers change Sept. (Average end-of-month stocks 1947-49=100) Unadjusted from Seasonally adjusted 1959 J Month Year 1958 1959 I 1958 1959 ago ago Sept. Sept. 1 Aug, | Sept. Sept. 1 Aug. . 148 144 161 139 147 145 162 136 141 rl36 rl52 132 154 151 169 145 143 142 156 130 147 rl43 rl60 137 + 1 1 - 1 + 3 + + + + Richmond Atlanta Chicago St. Louis 188 p221 157 147 186 217 159 147 rl?6 198 145 136 194 P230 163 154 181 212 152 145 181 206 151 143 + 1 + 2 - 1 0 + 7 +12 + 8 + 8 Minneapolis Kansas City Dallas San Francisco 146 pl59 pl82 pl69 148 157 182 165 142 rl56 164 rl59 152 pl64 pl92 Pl76 145 155 182 166 148 rl60 174 rl66 2 + 1 0 + 2 + 2 + 2 +11 + 6 pl6l 160 150 pl68 156 157 + 1 + 7 Boston New York Philadelphia Cleveland United States 5 6 6 6 r—1Revised, Lly adjusted indexes. p—Preliminary. * Based on seasonal Note:—Indexes are based on value of stocks at end of month, For description and monthly indexes for the period January 1947 to October 1957 see Federal Reserve Bulletin for December 1957, pp. 1323-1352. Indexes prior to 1947 may be obtained from the Division of Research and Statistics. Indexes for the most recent thirteen-month period are shown regularly in the Bulletin.