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BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM FOR IMMEDIATE RELEASE September 1, 1955 G.7.U.2 •>9* MONTHLY DEPARTMENT STOKE STOCKS. (Based on r e t a i l dollar amouift^X * JULY 1955 2k Department store stocks a t the end were unchanged from the level of the prece c f l ^ v,<> month a f t e r allowance for the usual seasonal change. The adjusted index f o r the month i s ' ^ estimated a t 127 per cent of the 19U7-U9 a vera ..^rovj&mpared with an average of 12U f o r the f i r s t SuY urkO0ven months of the year and an index of 122 f o r % 195Ui ) Federal Reserve District Percentage change Index numbers (average end-of-month stocks 19U7-U9=100) July 1955 from Unadjusted Seasonally ac[justed M rMrx4»Vi Year 1954 19i>5 iy» 195U' ago July July July | June June "July 121 116 123 118 12U rll5 123 rll6 117 116 rll5 115 109 105 111 109 rll5 rl08 rll6 110 105 105 103 105 Richmond Atlanta Chicago S t . Louis pllt5 1U8 121 126 1U3 rl5l rl2U rl26 138 137 116 119 pll+2 139 11U 116 139 rlU2 rll6 rll6 135 128 111 110 Minneapolis Kansas City Dallas San Francisco xl9 135 piiUt 131 123 rl36 rlU3 130 113 123 rl32 127 115 129 pl37 130 116 rl31 133 131 109 rll9 125 125 pl27 127 rl22 pll9 121 rll5 Boston New York Philadelphia Cleveland United States — — + - mm + - k 2 + h 0 + 7 + 3 2 2 2 0 + + + + 1 1 3 0 + 5 + 9 +10 + U 1 + U 5 3 5 8 3 6 Rote:—Indexes and percentage changes are based on value of stocks at end of month. For description and monthly indexes f o r the period January 1919 to October 1951 see Federal Reserve Bulletin f o r December 1951 j pp« 1U631515 • Indexes f o r the most recent thirteen-month period are shown regularly in the Bulletin. Percentage changes are based on unadjusted indexes. #