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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 .
