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FEDERAL RESERVE reI eo se *.f*ALREf, FOR IMMEDIATE RELEASE October 8, 19&3 G,7.4.2 MONTHLY DEPARTMENT STORE STOCKS (Based on retail dollar amounts) August 1963 Department store inventories in August remained at the record high level reached during July, after seasonal adjustment, The August index is estimated at 123 per cent of the 1957-59 average unchanged from July, but 4- per cent above the 118 index of August 1962. Federal Reserve District Boston New York Philadelphia Cleveland Index numbers (Average end-of-month stocks 1957-59=100) Unadjusted Seasonall%_adtusted „ 1962 *1963 1962 1963 Aug. Aug. 1 July Aug. I July 119 121 rll6 114 pl27 119 rll2 125 rll4 118 116 118 115 110 pl25 117 pll8 pl24 124 121 112 118 123 117 117 rll2 115 115 127 115 117 pH7 pl24 125 119 rl28 126 122 123 Minneapolis Kansas City Dallas San Francisco pll9 pl20 pll6 pl30 115 115 115 131 rl25 pH9 pll8 pll9 pl31 pl23 123 118 pl22 United States 121 120 107 rl02 119 rll5 113 rllO 115 116 Richmond Atlanta Chicago St. Louis 120 111 116 116 112 rll8 116 122 Percentage change Aug. 1963 ronr Year Month ago ago 2 - 2 0 9 - 2 0 7 2 4 + 2 - 4 0 - 1 126 + - 118 - 1 112 rll4 3 - 2 - 1 3 l 3 1 + + + + 3 5 4 4 + 4 *—Based on seasonally adjusted indexes,, p—Preliminary r—Revised Note:—Indexes are based on value of stocks at end of month. For description of the series see Federal Reserve Bulletin for July 19&2, pp. 803—808* Back data may be obtained from the Division of Administrative Services. Indexes for the most recent thirteen-month period are shown regularly in the Bulletin. r LIBRARY
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