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RESEARCH DEPARTMENT BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM M A R 1 41949 FEDERAL RESERVE BANK H. 11 CITIES rF^ye^rtfge • change from corresponding fiod;a year ago (value) 1/ '.TBstf • Feb. 5 Feb.12 Feb.19 Feb.26 Mar. 5 19U8 January • Federal Reserve district " S i " titty -ld UNITED STATES " . . Boston District New Haven Boston Springfield Providence, ' ' Conn. Mass. " , M r ,-c New York District ..Newark . N. J. B u f f a l ^ . - N i Y . New York_ ' r J' Rochester ' Syracuse • V v Philadelphia District „ Philadelphia Pa. CleVelang-mstrigt ; Akron • ' 7 v Cincinnati Cleveland Columbus TQledo f • "Pittsburgh Chicago District Chicago Indianapolis Detroit Milwaukee : + 2 ' B : i:K. ,+ 3: V - 2 *13 + h -1U - 7 + 8, + + 1 H " + Ur- & - 3: - 5. . ff:' • +11 ; +10 c ~Ala~• ; . Fla., ; • [Ga. • • 14* Tenn, 111. Ind. Mich. 'Wis. 1 + 3 +11 + 5 . 4 7 . +11 • t- 5; + 7 +10 + 1 -10 - - 3 + 6 712 + 1 ' #3 -12 • -1 - 3 - 3 zJ - 5 # + 7 - U - 5 -16 -11 - 3 - h -1U ,-16 - b • •"-•.6 :• -17' :3 •S • 9 f 2" * * ' " ^ f + 2 •i 6 •* 1. +10 *13 -5 +26 +28: +12 .19 - ;6 - 3 - 6 . *12 -15" ''-iO: - 5 I, 0 3; 5 - ' 6"' - 7 " A r- 2 •• 0 :!3 ''-11 : -11 - l! - 7 - 6 -21 -+ 3 • * 1 2 •:: - k: S ' W r*HI5 •717 + 3- • -10. if: -16 -11 1 | + 9 " ' ±4+ 4 + u -IS + 6 r.+ 5 +11 + 9 + 3 . - 7 - 3 - .+12 + 8 ;' McL •:l + 1 -9 T7 + 2 • 6, " . » Pa. -10 • T 7 + 1 + 9 ,•. 7 •;+ +10 u •1 rs .Ohio • " Richmond:District. Washington ^Baltimore -• . Atlanta District "•FirmLYfgKam-—,4~ Mj_ami • Atlanta ; New Organs Nashville t - 9 - L,: ~ * 2 +10* 8 + 5-' -16 - 5 " H X -10 « 8 - 3^6 Page < H.ll DEPARTMENT STORE SALES, BY CITIES (Continued) 1 >or^ng •Percentage'change from, period a year Ago 1 Mori W r of Feb. 5 Feb.12 Feb.19 Feb.26 Mar- . 5 January St. Louis District Little Rock Louisville Louis Memphis Minneapolis District Minneapolis St* Paul Duluth-Sup erior Kansas City District Denver Wichita Kansas City St. Joseph Oklahoma City Tulsa Dallajs District Dallas Fort Worth Houston San Antonio San Francisco District Los Angeles Area Oakland San Francisco Portland• Salt Lake City Seattle H Federal Reserve district .....land city + 7 Ark. Ky. Mo. Tenn. Minn. " "&Wis. Colo. Kans. Mo. Okla. + 9 + 6 + 6 " 7T + 6 +20 + 7 + 5 Calif. - + 6 " Ore. Utah IVash. , - 2 - 8 +10 + u + 6 • +13 ' -12 ' +22 . : %9 • - U - 8. • -3 + 5 . . ; 3' • + +10 + 5 . - 3 . . + 6 - -: ' +12 • + 9 Tex. + 7 ±i: '+7 + 2 +10 • 5 ' + 7 + 2 + 3 +13 TTu + 1 - 5 ' " • • -7 + 2 -1U -7 - 7 - 5 - 7 - 5 (Not available for-ptitblication) -13 : •' + 3 . - 9 -6 +21 -16 + h -16 • - 1 +11 -25 +1U -15 - 7 -10 - 8 r-10 + 2. - 2- - — 1 3 -10 -11 - 7 '+8 o +15 +15 • + V + 6 -10 + 9 -11 -15 - 9 r+lU + 3 - 8 - -10 - 9 . r-5 x > -10 -11 - 2 1 - 1 + 3 . -16 " -13 -16 • -16 ; " -10 J'i T._ 6 +IH -11 -12 - 8 rn - k -11 . — 21 - 9 - 8 - 8 rio - u - 8 - 8 - 6 0 - k + 8 r s 8 - 2 + 8 + 8 +Uo - 5 - l -10 - 7 - 9 -11 - 6 -12 ™iu %Io 4 5 . -10 - 8.. , , - u T-&:- • - h + 2 - 2 - -8 -11 -17 , -25. -17 - >6 ' • - 3 - i . ,-10. - m ' -12 -ii -10 + ;.5 r—Revised. 1/ During March changes from a year ago reflect i m p a r t the fact that last year .^Easter;, was on March 28'while this year^it will be on April '17. For this reason it is estimated* that in comparison with last year allowance should t?e made for a decrease in sales of about 6 per cent for the-month of March as a-whole. - The-large decrees.©. shown -for this week reflects'"iri part the fact that sales were * "reduced because of a curtailment;> in public transportation' service in the City . of- Philadelphia." ~ i . . •: Data-not-available. * . :'