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BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM

lG.7.4.2

FOR IMMEDIATE RELEASE
September 2, 1959.
MONTHLY DEPARTMENT STORE STOCKS
(Based on retail dollar amounts)

.
c

t°

Department store stocks continued to increase in ^
1
and the seasonally adjusted index for the month is
estimated at 158 per cent of the 1947-49 average. Th&^.y * u
.
record level is 1 per cent above the previous high establiQUi^~°c,-i ^
in June and 7 per cent above July 1958.
Q

Federal Reserve
District

Index numbers
(Average end-of-month stocks 1947-49=100)
Unadjusted
Seasonally adjusted
1958
1959
1958
1959
June • July
July
July | June
July

Percentage
change July
1959 from
MonthIYear
ago 1 ago

147
142
164
138

142
141
164
131

140
rl34
rl49
131

132
129
148
127

134
132
rl52
125

126
rl2l
rl34
121

+ 3
+ 1
+ 5

+ 5
+ 6
+10
+ 5

Richmond
Atlanta
Chicago
St. Louis

pl84
212
152
151

183
202
149
147

rl72
192
142
145

pl68
197
146
140

169
192
145
136

rl57
179
136
135

+
+
+
+

1
5
2
3

+ 7
+11
+ 7
+ 4

Minneapolis
Kansas City
Dallas
San Francisco

143
P157
pl80
P170

141
157
181
170

135
149
163
rl57

136
P149
pl71
pl64

133
150
169
163

129
142
155
rl52

+ 1

0
1
0

+ 6
+ 5
+11
+ 8

P158

156

148

pl48

148

139

+ 1

+ 7

Boston
New York
Philadelphia
Cleveland

United States

0

-

r—Revised.
—Preliminary.
* Based on seasonal! adjusted indexes.
Ly
pNote:—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.