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BOAMD OF vOvMiNOtib OF ThE FEDEmL b&LcMb SYSlhM FEDERAL RESERVE BANK OF CHICAGO FOh IMMEDIAl October 3 J- v\jft DEr'Anl,.l.cM SIOFTE SiOCKS I >356 (Based on retail dollar amounts) , lod, f-tlJtKAL - Wt August 1956 BANK OF ChiC^GO Seasonally adjusted department store stocks reached a neiv high level at the end of August. The adjusted index is estimated at lUl per cent of the 19k7~h9 average, compared with 138 for July and 129 for August a year ago. H ONTHLY 6 Federal Rserve District Boston New York Philadelphia Cleveland Index Numbers Percentage (average end-of-month stocks 19U7-U9=100) change August Seasonally adjusted Unadjusted 19S6 from 6 195 M onth Year 1955, 1956 1955 Aug. July Aug. Aug. July Aug. ago ago 132 127 136 127 rl32 127 132 125 Richmond Atlanta Chicago St. Louis pl6U pl66 133 136 Minneapolis Kansas CityDallas San Francisco 129 P1U9 pl60 United States 128 118 114 117 111 159 161 132 139 rlitb pl67 , 155 15 U P163 151 rl2U 129 12U 126 136 128 rlii9 150 rl21 126 + 8 + 8 + U + 6 +12 + 8 + 7 + 8 127 123 125 rl35 P1U8 rl h9 P158 rl 39 plUti 12U 138 1U9 1U2 120 13 U rlU7 rl3U + 1 + 7 + 6 h + 5 +10 + 7 +11 130 rl27 + 6 + 9 ihh P15U 157 1U3 piUl 138 122 117 122 118 129 118 . 12h, •. rll6 : 131 119 123 115 P138 + 8 + 8 + 7 + 8 +10 +11 + 7 ' + 8 p—Preliminary. r—rtevised. Notes—Indexes are based on value of stocks at end of month. For description and monthly indexes for the period January 1919 to October 1951 see Federal Reserve Bulletin for December 1951, pp. 1U63-1515. Indexes for the most recent thirteen-month period are shown regularly in tne Bulletin. Percentage changes are based on unadjusted indexes.
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