"c VAR 0405 04142 WP SCRAP R 873-890 MD= 1E-37 " "c REF 0405 LOC 1779 WIDTH 9 DK 29 COL 17-25 " "c EXP DEC= 2 " "c " "c WHOLESALE PRICE OF SCRAP, NO.1 WROUGHT IRON, PHILADELPHIA " "c --------------------------------------------------------- " "c " "c NBER SERIES: 04142 " "c AREA COVERED: U.S. " "c UNITS: DOLLARS PER NET TON " "c ANNUAL COVERAGE: NONE " "c QUARTERLY COVERAGE: NONE " "c MONTHLY COVERAGE: 01/1873-10/1890 " "c SEASONAL ADJUSTMENT: NONE " "c SOURCE: THE IRON AGE, JANUARY 6, 1876 FOR 1873-1875 DATA; " "c WEEKLY ISSUES THEREAFTER. " "c " "c NOTES: SERIES 04142 IS PRESENTED HERE AS TWO " "c VARIABLES--(1)--ORIGINAL DATA, 1873-1890 (2)--ORIGINAL DATA, " "c 1890-1892. " "c PRICES GIVEN ARE THE DELIVERED PRICE PRICE AT " "c PHILADELPHIA. ADD $0.50 FOR DELIVERIES IN THE INTERIOR. " "c DATA ARE THE AVERAGES OF WEEKLY QUOTATIONS. AVERAGES ARE OF " "c LOWS WHEN THE RANGE IS GIVEN IN THE SOURCE. WEEKS ENDING ON " "c THE 1ST, 2ND, OR 3RD OF A MONTH ARE INCLUDED IN THE " "c PRECEDING MONTH (THIS MEANS ISSUES OF IRON AGE UP TO THE 5TH " "c OF THE MONTH). " "c IN 1881 AND 1882 (AND PROBABLY IN THE FIRST HALF OF " "c 1883), THERE MAY BE A DOWNWARD BIAS IN THE FIGURES SHOWN " "c HERE, SINCE THE RANGE OF PRICES QUOTED COVERS THE MEDIUM " "c QUALITIES AS WELL, FOR WHICH THE LOW PRICES ARE USUALLY " "c LOWER THAN THOSE FOR SELECTED OR NO.1. THEY CANNOT BE " "c SEGREGATED. " "c IN TWO WEEKLY REPORTS IN NOVEMBER, 1900, THE " "c SPECIFICATION IS GIVEN AS"NO.1 RAILWAY." " "c THE OCTOBER, 1890 PRICE IS THE LAST ONE SHOWN FOR"NO.1 " "c WROUGHT SCRAP." NO.1 RAILROAD SCRAP IS QUOTED INSTEAD, " "c AFTER HAVING BEEN QUOTED FOR 1 AND 1/2 MONTHS TOGETHER WITH " "c "NO.1 WROUGHT." THE TWO SPECIFICATIONS PROBABLY COVER " "c SIMILAR TYPES OF SCRAP. THE FOLLOWING IS A QUOTATION FROM " "c THE REPORT ON PRICES FROM PITTSBURGH FOR OCTOBER 11, 1883 " "c (WHEN NO QUOTATIONS FOR SCRAP APPEARED FOR PHILADELPHIA): " "c "FOR SELECTED RAILROAD." " "c " "c NOTES: FIGURES HERE ARE THE AVERAGE OF WEEKLY QUOTATIONS. " "c " "c CHECKED MANUALLY; NO CORRECTIONS NECESSARY. " "c " "c "