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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.
