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BOARD OP GOVERNORS OF THE FEDERAL RESERVE SYSTEM G.7.U.2 LIBRARY DEC 1 FOR MEDIATE RELEASE November 30, 19$k MONTHLY DEPARTMENT STORE STOCKS (Based on r e t a i l d o l l a r amounts) 1954 FEDbrtAL r e s e r v e BANK OF CHICAGO Federal Reserve district FEDERAL Iw ^' c? toiC:' OCTOBER 195k Department s t o r e stocks a t the end of October showed l i t t l e change from the l e v e l of the preceding t h r e e months a f t e r allowance f o r t h e usual seasonal change. The a d j u s t e d index i s e s t i m a t e d a t 12U per cent of the 19U7-U9 average, compared with 128 f o r October 1953 and an average l e v e l of 122 f o r t h e f i r s t 10 months of 195U. index numbers Percentage change (average end-of-month stocks 19U7-49=100) October 195U frcm Unadjusted Seasonally a d j u s t e d Month Year 1954 1953 1954 1953 ago a. go S e p t . Oct. S e p t . Oct. Oct* Oct. XU V*A Vi* Boston New York Philadelphia Cleveland 116 116 116 116 118 115 117 115 117 rll8 122 12 U 131 130 132 128 121 120 121 121 132 rl32 139 137 + + + + 8 9 9 6 - 1 2 5 6 Richmond Atlanta Chicago S t . Louis 1U7 ill 122 115 liti lh3 12h rl2 0 rlUU Hi8 126 12U 158 15U 136 129 1U6 1U7 126 rl28 rl55 161 139 138 + 9 + 5 + 8 0 + - 2 5 3 7 120 P131 P132 128 rl23 135 13 U 128 118 138 139 132 129 piUl piUU lllll 12U 138 139 132 126 Ut9 152 3U|8 + h + 2 + 3 + 9 + - 2 5 5 3 pl2U 125 128 P138 129 rll|2 + 7 - 3 Minneapolis Kansas City Dallas San Francisco United S t a t e s p —P r e l i m i n a r y . r—-Revise d. Note:—Indexes and percentage changes 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 period January 1919 t o October 1951 see F e d e r a l Reserve B u l l e t i n f o r December 1951, pp. Iii63 1515. Indexes f o r t h e most r e c e n t thirteen-month period a r e shown r e g u l a r l y in t h e B u l l e t i n . Percentage changes are based on unadjusted indexes.