"c VAR 0111 13019 RR GRAD 3R 857-937 MD= 1E-37 " "c REF 0111 LOC 960 WIDTH 9 DK 16 COL 17-25 " "c EXP DEC= 3 " "c " "c AMERICAN RAILROAD BOND YIELDS, HIGH GRADE " "c ----------------------------------------- " "c " "c NBER SERIES: 13019 " "c AREA COVERED: U.S. " "c UNITS: PERCENT " "c ANNUAL COVERAGE: NONE " "c QUARTERLY COVERAGE: NONE " "c MONTHLY COVERAGE: 01/1857-01/1937 " "c SEASONAL ADJUSTMENT: NONE " "c SOURCE: F.R. MACAULAY, THE MOVEMENT OF INTEREST RATES, BOND " "c YIELDS, AND STOCK PRICES IN THE UNITED STATES SINCE 1856 " "c (NBER, 1938), APPENDIX TABLE 10, PP. A142-A161. " "c " "c NOTES: DATA ARE ADJUSTED FOR ECONOMIC DRIFT. " "c " "c CHECKED MANUALLY; NO CORRECTIONS NECESSARY. " "c " "c ............................................................... " -12 1857.01 1937.12 6.62100 6.57700 6.59200 6.61900 6.69600 6.84900 6.88200 6.95200 7.67400 8.23000 7.66800 7.36700 7.17500 6.82000 6.59500 6.56600 6.50000 6.46700 6.42500 6.42700 6.35600 6.19200 6.12200 6.10700 6.11100 6.10100 6.10500 6.08600 6.20200 6.36800 6.36400 6.32300 6.19900 6.24000 6.27500 6.25500 6.24700 6.20600 6.15600 6.08400 5.97300 5.87200 5.82800 5.81200 5.82800 5.87500 6.16300 6.44000 6.21000 6.15300 6.10100 6.16000 6.49200 6.44900 6.28500 6.31000 6.41500 6.48200 6.44200 6.44000 6.13600 5.90200 5.95900 5.92000 5.62100 5.47600 5.52500 5.41400 5.24400 5.04500 4.93900 4.98100 4.58500 4.44000 4.51000 4.72100 4.73000 4.78500 4.83500 4.86600 4.86300 4.82800 4.93500 5.03200 5.10700 5.07600 4.91700 4.73400 4.72400 4.64200 4.36300 4.37900 4.71000 5.08900 5.04500 5.19400 5.40100 5.56200 5.86000 5.95700 5.93500 6.19000 6.08600 6.12100 6.16600 6.24700 6.35300 6.40800 6.49100 6.53400 6.60700 6.55800 6.43400 6.40000 6.31100 6.25900 6.22200 6.19700 6.16000 6.25900 6.28800 6.30700 6.31700 6.36400 6.38000 6.37500 6.25900 6.24500 6.25700 6.33000 6.39000 6.41500 6.31200 6.23900 6.21600 6.24500 6.19900 6.17600 6.16900 6.18300 6.24500 6.30800 6.38000 6.43700 6.43900 6.44900 6.49400 6.51800 6.42800 6.41800 6.48300 6.47100 6.54500 6.63900 6.67600 6.71700 6.65100 6.45100 6.37100 6.40300 6.35000 6.30400 6.29700 6.36800 6.39400 6.41200 6.43100 6.46800 6.41800 6.38300 6.36900 6.35500 6.31200 6.30700 6.30100 6.27000 6.25000 6.36800 6.41200 6.35900 6.17400 6.13900 6.21300 6.19900 6.19600 6.15500 6.07400 6.13100 6.18900 6.22400 6.26200 6.26600 6.19000 6.16600 6.17000 6.18700 6.16000 6.11800 6.06200 6.06200 6.16600 6.48600 6.49700 6.30400 6.08000 5.97900 5.96600 5.94300 5.98500 5.92700 5.92100 5.90600 5.87200 5.80900 5.72000 5.70300 5.63100 5.59500 5.57300 5.49900 5.45800 5.48000 5.42500 5.41000 5.36900 5.40000 5.36000 5.29900 5.24300 5.18800 5.15200 5.17700 5.20400 5.17800 5.11700 5.08900 5.16900 5.17500 5.16500 5.16500 5.13500 5.17200 5.24700 5.26000 5.22000 5.15900 5.11200 5.14300 5.16400 5.19300 5.18200 5.14900 5.15200 5.14900 5.15600 5.15700 5.12700 5.06900 5.06900 5.10500 5.10300 5.07900 5.04300 5.02600 4.92200 4.78900 4.86900 4.87000 4.75800 4.71500 4.67300 4.66800 4.75100 4.73900 4.72000 4.68500 4.64300 4.58500 4.57100 4.58000 4.57200 4.53500 4.46300 4.41700 4.48600 4.34400 4.24300 4.17600 4.13700 4.18100 4.22400 4.20900 4.09900 4.03600 4.03800 4.07100 4.14700 4.18900 4.16800 4.19200 4.18700 4.21400 4.23600 4.19200 4.17000 4.17400 4.15900 4.19000 4.20800 4.20000 4.22100 4.21900 4.18500 4.21700 4.23400 4.21600 4.21300 4.21100 4.21000 4.24300 4.24900 4.24000 4.21000 4.19200 4.16300 4.12000 4.08700 4.06300 4.14000 4.23900 4.25200 4.18700 4.19500 4.19000 4.19600 4.15900 4.11300 4.07900 4.04200 4.03300 4.01700 3.96700 3.93900 3.93100 3.91800 3.88000 3.85300 3.83300 3.76800 3.70300 3.69000 3.70000 3.69700 3.66700 3.63800 3.64800 3.70300 3.70300 3.70200 3.72600 3.70300 3.71000 3.72500 3.72900 3.71500 3.71800 3.73500 3.76500 3.83500 3.85900 3.82100 3.80300 3.74200 3.71600 3.73200 3.73100 3.71200 3.69000 3.64400 3.63700 3.66400 3.67100 3.65500 3.64300 3.59900 3.55500 3.56500 3.55700 3.51600 3.47600 3.49600 3.50600 3.51200 3.55100 3.58300 3.59700 3.58400 3.58800 3.60700 3.61100 3.61300 3.63200 3.64500 3.68100 3.70500 3.73300 3.78400 3.83200 3.74700 3.75000 3.80000 3.81600 3.84900 3.90100 3.89900 3.90100 3.88300 3.84800 3.82300 3.78900 3.74900 3.72600 3.73400 3.72000 3.70100 3.68900 3.67900 3.68700 3.72500 3.72400 3.73200 3.74600 3.72600 3.69700 3.72700 3.73100 3.77500 3.83600 3.96200 4.05600 3.93000 3.87800 3.79100 3.73400 3.72700 3.68100 3.64800 3.60600 3.60700 3.61100 3.62300 3.60200 3.57600 3.54200 3.51600 3.51400 3.52000 3.55100 3.56200 3.56600 3.51900 3.46200 3.43500 3.39200 3.39600 3.40400 3.41800 3.46700 3.51500 3.47500 3.47900 3.47500 3.45600 3.44500 3.52100 3.68700 3.62200 3.58700 3.49900 3.45600 3.41300 3.38900 3.34200 3.35000 3.33800 3.30800 3.27900 3.29600 3.30400 3.30500 3.28900 3.24700 3.22800 3.23300 3.30800 3.38600 3.35100 3.30200 3.26200 3.23800 3.25400 3.22900 3.19700 3.16800 3.12700 3.13200 3.13400 3.10300 3.07800 3.07100 3.08900 3.10700 3.13800 3.17000 3.19000 3.22600 3.19700 3.17200 3.16400 3.15000 3.17800 3.19200 3.19200 3.19400 3.19900 3.20200 3.18300 3.16000 3.15200 3.14000 3.14100 3.15100 3.17800 3.17200 3.19000 3.20800 3.21700 3.21900 3.20000 3.20500 3.19800 3.19700 3.20100 3.20000 3.21700 3.23400 3.25200 3.27100 3.29000 3.32500 3.33900 3.36400 3.36200 3.38000 3.42700 3.46200 3.45100 3.48600 3.53200 3.57800 3.58600 3.55400 3.53000 3.54200 3.53700 3.55000 3.56500 3.54900 3.53900 3.52200 3.49100 3.48400 3.49000 3.48700 3.48000 3.47300 3.44900 3.44100 3.45300 3.46100 3.46700 3.46400 3.45500 3.45800 3.45900 3.46000 3.48300 3.49100 3.48200 3.49900 3.52900 3.54500 3.55900 3.54700 3.55800 3.57600 3.60000 3.58800 3.58100 3.59400 3.60200 3.62100 3.68300 3.68100 3.70000 3.74500 3.74200 3.79100 3.84000 3.90900 4.06200 3.95900 3.82000 3.81000 3.84100 3.81400 3.77900 3.77700 3.75700 3.72000 3.69300 3.68600 3.65700 3.64300 3.62500 3.60500 3.62000 3.62700 3.62800 3.64800 3.64800 3.66200 3.68500 3.70200 3.71900 3.72700 3.73200 3.73900 3.76100 3.80400 3.82400 3.84200 3.86600 3.86300 3.82000 3.80100 3.83000 3.82900 3.82300 3.82700 3.84200 3.84000 3.82900 3.83900 3.84400 3.85700 3.87300 3.86600 3.84700 3.85300 3.84600 3.83700 3.85200 3.86000 3.86500 3.87600 3.88500 3.90500 3.92300 3.91900 3.91700 3.93100 3.91600 3.93000 3.99200 4.03700 4.08300 4.12700 4.12400 4.08300 4.04500 4.07800 4.12800 4.13800 4.06200 3.99800 4.01600 4.01400 4.01200 4.00000 4.04100 4.07800 4.11500 4.15100 4.18800 4.22500 4.16600 4.15800 4.18700 4.14500 4.15200 4.18200 4.24300 4.27400 4.28500 4.19200 4.06400 4.04800 4.03200 4.01900 4.03200 4.04700 4.05500 4.06000 4.07000 4.08600 4.07400 4.02000 3.98400 3.98500 3.92300 3.98800 4.02600 4.12100 4.23600 4.28200 4.32200 4.35400 4.44000 4.48600 4.61500 4.69500 4.66100 4.61200 4.67600 4.73200 4.66400 4.71800 4.77300 4.77300 4.82400 4.70500 4.42200 4.44000 4.52700 4.57000 4.62500 4.66900 4.62000 4.61700 4.67600 4.83700 4.87400 4.74600 4.86900 4.92700 4.90700 5.07300 5.07300 5.26500 5.48700 5.44300 5.41100 5.24700 5.06300 4.90500 4.98700 5.14900 4.97400 4.99700 5.05700 5.09100 5.10900 5.23800 5.10300 5.02100 4.94900 4.93300 4.72600 4.59100 4.50600 4.51300 4.47500 4.39300 4.37200 4.32000 4.29100 4.25100 4.24200 4.35500 4.43900 4.42900 4.43100 4.46700 4.59500 4.62500 4.55500 4.57600 4.59000 4.56800 4.61000 4.63300 4.60500 4.62300 4.58600 4.60600 4.61300 4.58400 4.53800 4.47500 4.42200 4.46300 4.46100 4.44000 4.44800 4.48400 4.47800 4.46600 4.45200 4.44000 4.39000 4.39600 4.44400 4.50000 4.46200 4.47900 4.46500 4.43200 4.39500 4.36400 4.37200 4.31800 4.28500 4.28800 4.31500 4.33100 4.32900 4.32500 4.28900 4.27800 4.25100 4.25300 4.21700 4.16800 4.16500 4.20000 4.20900 4.17400 4.14300 4.10100 4.05700 4.04000 4.04900 4.07300 4.08200 4.10400 4.15100 4.24900 4.31700 4.37700 4.32900 4.32500 4.28700 4.36000 4.39300 4.43400 4.46400 4.46000 4.47700 4.52000 4.54600 4.51200 4.57500 4.54000 4.44500 4.39800 4.38600 4.37500 4.30000 4.35200 4.31900 4.28700 4.23700 4.17600 4.11600 4.09600 4.13800 4.20000 4.07800 4.08300 4.09500 4.08100 4.00200 4.01600 4.00900 4.05600 4.12000 4.35000 4.49200 4.73600 4.73500 4.79300 4.69100 4.83700 4.84800 4.89800 4.79800 4.54000 4.45600 4.45600 4.48800 4.37500 4.17400 4.17300 4.33700 4.51500 4.35700 4.20500 4.12800 4.07600 4.10000 4.11100 4.24000 4.20000 4.08400 3.99600 3.92600 3.86500 3.81200 3.72800 3.72100 3.77100 3.82600 3.76200 3.68000 3.61100 3.52300 3.43800 3.40900 3.41100 3.43800 3.41700 3.39700 3.45100 3.46700 3.47900 3.44300 3.41400 3.36000 3.31200 3.25100 3.24500 3.21500 3.20000 3.22000 3.24000 3.21100 3.20000 3.17000 3.12500 3.14600 NA NA NA NA NA NA NA NA NA NA NA