"c           VAR 0009      05065 HOD ING 1R 918-937               MD= 1E-37   "
"c           REF 0009         LOC   42 WIDTH  9             DK   1 COL 44-52  "
"c                                                                            "
"c                                                                            "
"c              INVENTORY HOLDINGS ON DECEMBER 31 IN CURRENT VALUATION,       "
"c              TOTAL, EXCLUDING FARMERS                                      "
"c              -------------------------------------------------------       "
"c                                                                            "
"c              NBER SERIES:  05065                                           "
"c              AREA COVERED:  U.S.                                           "
"c              UNITS:  MILLIONS OF DOLLLARS                                  "
"c              ANNUAL COVERAGE:  1918-1937                                   "
"c              QUARTERLY COVERAGE:  NONE                                     "
"c              MONTHLY COVERAGE:  NONE                                       "
"c              SEASONAL ADJUSTMENT:  NONE                                    "
"c              SOURCE:  COMPILED BY MOSES ABRAMOVITIZ; SEE INVENTORIES AND   "
"c              BUSINESS CYCLES, WITH SPECIAL REFERENCE TO MANUFACTURERS'     "
"c              INVENTORIES.                                                  "
"c                                                                            "
"c              NOTES:  BEGINNING IN 1934, THERE WAS A CHANGE OF INDUSTRIAL   "
"c              CLASSIFICATION IN"STATISTICS OF INCOME," THAT FORM THE        "
"c              BASIS OF SIMON KUZNET'S ESTIMATES. FIGURES THEREAFTER ARE ON  "
"c              THE NEW BASIS OF CLASSIFICATION.  THE 1934 FIGURE, BASED ON   "
"c              THE EARLIER CLASSIFICATION IS 18,596.                         "
"c                                                                            "
"c              CHECKED MANUALLY; NO CORRECTIONS NECESSARY.                   "
"c                                                                            "