"c           VAR 0668      02235 SHP & BT   889-919               MD= 1E-37   "
"c           REF 0668         LOC  934 WIDTH  9             DK  15 COL 62-70  "
"c                                                 EXP DEC=  1                "
"c                                                                            "
"c              SHIPS AND BOATS BUILT FOR DOMESTIC USE, VALUE IN 1913         "
"c              DOLLARS, SHAW                                                 "
"c              -----------------------------------------------------         "
"c                                                                            "
"c              NBER SERIES: 02235                                            "
"c              AREA COVERED: U.S.                                            "
"c              UNITS: MILLION 1913 DOLLARS                                   "
"c              ANNUAL COVERAGE: 1889-1919                                    "
"c              QUARTERLY COVERAGE: NONE                                      "
"c              MONTHLY COVERAGE: NONE                                        "
"c              SEASONAL ADJUSTMENT: NONE                                     "
"c              SOURCE: WILLIAM HOWARD SHAW,"VALUE OF COMMODITY OUTPUT        "
"c              SINCE 1869" (NATIONAL BUREAU OF ECONOMIC RESEARCH), PP.57,    "
"c              69, 75-76                                                     "
"c                                                                            "
"c              NOTES: SERIES 02235 IS PRESENTED HERE AS 2 VARIABLES: (1)     "
"c              ANNUAL DATA, 1889-1919; (2) ANNUAL DATA,                      "
"c              1919-37.                                                      "
"c                  THE DATA REPRESENT VALUE OF WORK ON VESSELS OF FIVE       "
"c              GROSS TONS AND OVER. FOR THE PERIOD 1889-1919, ESTIMATES OF   "
"c              VALUE OF OUTPUT WERE USED AS ESTIMATES OF VALUE DESTINED FOR  "
"c              DOMESTIC CONSUMPTION. (NO ADJUSTMENT WAS MADE FOR EXPORTS     "
"c              AND IMPORTS.)                                                 "
"c                  THE PRIMARY SOURCE FOR THE 1889-1919 ESTIMATES WAS THE    "
"c             "CENSUS OF STATISTICAL REPORTS FROM PENNSYLVANIA,              "
"c              MASSACHUSETTS, AND NEW JERSEY WERE USED TO ESTIMATE THE       "
"c              INTERCENSAL YEARS FROM 1889 TO 1919. FOR THE PERIOD 1919-33   "
"c              THE DATA ARE BASED ON KUZNETS' ESTIMATES. ("COMMODITY FLOW    "
"c              AND CAPITAL FORMATION", I, NEW YORK, NBER, 1938) ADJUSTED TO  "
"c              IMPROVE COMPARABILITY WITH EARLIER YEARS. (SHAW'S FIGURES     "
"c              INCLUDE ALL WORK DONE; KUZNETS' TOTAL INCLUDED WORK DONE ON   "
"c              COMPLETED VESSELS ONLY.) AFTER 1933 THE ESTIMATES ARE ROUGH   "
"c              EXTRAPOLATIONS.                                               "
"c                  VALUES IN 1913 PRICES WERE DERIVED BY APPLYING PRICE      "
"c              INDEXES TO THE CURRENT PRICE SERIES. FOR 1915-1937 THE        "
"c              DEFLATOR WAS AN INTERSTATE COMMERCE COMMISSION INDEX FOR      "
"c              FLOATING EQUIPMENT, PUBLISHED IN A MIMEOGRAPHED RELEASE BY    "
"c              THE ICC, ENGINEERING SECTION, BUREAU OF VALUATION, JULY 1,    "
"c              1940. FOR 1889-1914 TWO INDEXES OF COST TO RAILROADS OF       "
"c              FLOATING EQUIPMENT WERE AVERAGED. THESE INDEXES WERE          "
"c              REPORTED IN"COST OF FLOATING EQUIPMENT" (PRESIDENT'S          "
"c              CONFERENCE COMMITTEE, EASTERN GROUP PAMPHLET 290). THE        "
"c              AVERAGE WAS LINKED TO THE INDEX FOR LATER YEARS.              "
"c                  FOR A DETAILED DESCRIPTION, SEE SOURCE.                   "
"c                                                                            "
"c              ORIGINALS MISSING; NOT PROOFREAD.                             "
"c                                                                            "