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BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
'G.7.4.2
FOR IMMEDIATE RELEASE
October 5> 1959.
fYf
\.c

MONTHLY DEPARTMENT STORE STOCKS
(Based on retail dollar amounts)
» »

*
„

e

'

y

„

,

Department store stocks increased further i A i _
n< , ,
^ jq^
August and the seasonally adjusted index is estimated^/^'^ ~
to have reached a new high at 160 per cent of the 1947-49
average. This is 1 per cent above the 159 index of July
and 8 per cent above the 148 recorded in August a year ago.

Federal Reserve
District

)

Boston
New York
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
St, Louis
Minneapolis
Kansas City
Dallas
San Francisco
United States

Index numbers
Percentage
(Average end-of-month stocks 1947-49=100)
change Aug.
Seasonally adjusted
Unadjusted
1959 ifrom
1959
1958
1958 Month Year
1959
Aug. | July
Aug.
July
Aug.
Aug.
ago ago
+
+
+
+

8
8
8
6

147
145
162
136

147
142
rl63
138

137
135
rl50
128

143
142
156
130

132
129
rl47
127

133
132
rl44
123

0
+ 2
—
1
2
-

186
159
147

184
212
152
151

rl73
192
144
143

181
p212
152
145

167
197
146
140

rl68
188
138
141

+ 1 + 8
+ 2 +13
+ 4 +10
+ 3
- 2

148
pl57
P 182
pl64

143
158
180
170

137
rl53
163
rl54

145
P155
P 182
pl65

136
150
171
.165

134
151
163
rl54

+ 4
—
1
+ 1
4
-

P l60

159

148

pl56

148

144

P 2l6

+ 8
+ 2
+12
+ 7

+ 1 + 8

* Based on seasonally adjusted indexes.
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 1947 to October 1957 see Federal Reserve
Bulletin for December 1957 > pp. 1323-1352. Indexes prior to 1947 may be obtained from the Division of Research and Statistics. Indexes for the most
recent thirteen-month period are shown regularly in the Bulletin.