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BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
G.7.I4.2

FOR IMMEDIATE RELEASE
October 2, 1958.
fltJt
MONTHLY DEPARTMENT STORE STOCKS
. tttRKlh (Based on r e t a i l d o l l a r amounts)
BKH.

/

f£ .

V/O .

'Cr 6

Department s t o r e stocks i n August r e m a i r a d ^ a ^ - t t ^
July l e v e l , a f t e r allowance f o r the usual seasonal chanfcty^-M^
The seasonally a d j u s t e d index f o r August i s estimated a t
1U8 per cent of the 19h7~h9 average, 3 per cent below the
153 index l e v e l of August 1957.

Federal Reserve
District

Index numbers
(Average end-of-month stocks 19U7-U9=100)
Seasonally a d j u s t e d
Unadjusted
1958
1950
1957
1957
Aug. July
Aug.
July
Aug.
Aug.

Percentage
change Aug.
1958 jfrom
Month Year
ago
ago
+
-

1
2
1
7

Boston
New York
Philadelphia
Cleveland

137
135
155
128

1U0
135
rl52
rl31

136
138
157
137

126
133
122
132
1149 rl37
123 r l 2 1

132
rl35
151
331

2
0
+ 2
- 3

Richmond
Atlanta
Chicago
S t . Louis

172
192
1UU
1W

171
192
1U2
rlU5

180
203
1U5
1U9

156
167
188
179
138
136
1U1 rl35

175
199
139
11*8

0
0
+ 1
- 2

137
pl52
163
pl52

rl35
1U9
163
156

1U5
rl57
rl?5
159

131+
Pl50
163
; pi53

129
1U2
155
150

1U2
156
rl75
160

+ 1
+ 1
0
2

- 5
h
- 7
- it

plU8

1U8

153

pia

139

150

0

- 3

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

b
- 6
- 1
h
-

* Based on seasonally a d j u s t e d indexes.
p—Preliminary.
r—Revised.
Note:—Indexes 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 t h e period January 19u7 t o 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 19U7 may be obt a i n e d frcm the Division of Research and S t a t i s t i c s . Indexes f o r the most
recent thirteen-month period are shown r e g u l a r l y i n the B u l l e t i n .