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7-7*3 BOABD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM FOR IMMEDIATE RELEASE October 31> 1957• G.7.U.2 f„l- MONTHLY DEPARTMENT STORE STOCKS fiEFEREMOE LIBRARY CBased on retail dollar amounts* FEDERAL RESERVE BANK /> SEPTEMBER 1957 OF CHICAGO -Z) % i 7 > %>w< The value of department store stocks was unchdS^&^ at the end of September after allowance for the usual seasd^f^^ change. The seasonally adjusted index is estimated at 143 per cent of the 19U7—U9 average, the same as the level of the preceding three months and three per cent greater than for September a year ago. Federal Reserve # District Boston New York Philadelphia Cleveland Index numbers (Average end-of-month stocks 1947-49~1°0) Seasonally adjusted j Unadjusted 1957 1955" i w r Sept. Sept. | Aug, Sept. Sept.; Aug 128 13 4 1U2 129 125 134 rl4l 127 Richmond Atlanta Chicago St. Louis P173 170 135 134 168 172 Minneapolis Kansas City Dallas San Francisco 134 plUO pl64 Pi53 135 140 170 157 pl43 143 United States 135 135 132 rl24 135 126 170 167 131 134 128 132 141 lU9 135 P179 177 lUl 145 140 148 pl46 pl74 Fl58 139 pl50 rl47 rl60 121 136 131 rl31 142 Percentage change Sept. 1957 from Month Year ago ago + 9 + 8 132 +10 +10 + + + 175 174 + 5 + 5 145 + 7 + 2 + 2 + 3 + 7 151 134 153 rl69 rl53 + 5 + 3 + 3 140 rl46 + 7 + 3 rl36 12U 171 168 131 135 rl32 139 168 138 + 8 + 5 + 3 3 8 5 3 o + 5 - 5 p—Preliminary. r—Revised. Note:--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. 1463-l5l5• Indexes for the most recent thirteen-month period are shown regularly in the Bulletin. Percentage changes are based on unadjusted indexes.
