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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.
X VA
U *

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.