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^5"
* H.8a

BOARD" OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
FOR IMMEDIATE RELEASE
July 2, 1959.

Department store sales continued to rise in June and the seasonallyadjusted index is estimated at 145 per cent of the 1947-49 average, a 1 per
cent advance from May and 9 per cent above June 1958.

,

Index of department store sales 1/
1947-49 = 100
Adjusted for seasonal variation
Vithout seasonal adjustment

June

-

el45
el38

mi
May

Apr.

mas
June

144
141

141
130

133
126

WEEKLY DEPARTMENT STORE SALES
Federal Reserve
District

Percentage change from corresponding period a year ago
(Based on retail dollar amounts)
Four weeks
Jan. 1
One week ending
to
ending
June 271 June 20iJune 131 June 6
June 27
June 27

Boston
New York
Philadelphia
Cleveland

0
+ 1
+ 7
+ 7

+17
+14
+10
+21

Richmond
Atlanta
Chicago
St. Louis

+ 5
+ 6
+10
+ 8

Minneapolis
Kansas City
Dallas
San Francisco
U.S. Total

+
+
+
+

+ 5
+ 6
+11

5
4
7
8

- 3
0
+ 8
+ 3

+ 5
+10
+17
+14

r+17
+16
r+27
r+18

+
-

1
8
9
8

+ 8
+ 3
+14
+ 8

+ 7
+ 4
+14
+ 6

+ 7
+ 7
+10
+ 8

+ 5
+ 9
+ 3
+12

+25
+27
+27
+29

. + 9

+ 3
0
+ 1

+16
+ 6
+ 6
+12

+13
+10
+ 9
+13

+ 6
+10
+ 9
+11

+ 7

+22

+ 2

+11

+10

+ 9

~

+

n

U. S. weekly index, without seasonal adjustment, 1947-49=100 2/
1957
1958
1239
^ May 30
122
. May 31
116
June 1
117
June 6
150
June 7
June 8
134
135
June 13
141
June 14
June 15
138
139
June 20
143
June 21
June 22
128
117;
June 27
118
June 28
110
June 29
115
r—Revised.
e—Estimated.
1/ Monthly indexes refer to daily average sales in calendar month. June figures
estimated from weekly sales. June this year had one more trading day than last.
2/ For description and weekly indexes for the period January 1937 to March 1958 see Federal Reserve Bulletin for April 1958, pp. 412-421.
Weekly indexes at the district and city levels are published by several of
the Federal Reserve Banks,