"c           VAR 0321      05067 DIS TRI 1R 918-934               MD= 1E-37   "
"c           REF 0321         LOC 2850 WIDTH  9             DK  46 COL 17-25  "
"c                                                 EXP DEC=  1                "
"c                                                                            "
"c              INVENTORY HOLDINGS ON DECEMBER 31 IN CURRENT VALUATION,       "
"c              DISTRIBUTIVE CORPORATIONS                                     "
"c              -------------------------------------------------------       "
"c                                                                            "
"c              NBER SERIES:  05067                                           "
"c              AREA COVERED:  U.S.                                           "
"c              UNITS:  MILLIONS OF DOLLARS                                   "
"c              ANNUAL COVERAGE:  1918-1934                                   "
"c              QUARTERLY COVERAGE:  NONE                                     "
"c              MONTHLY COVERAGE:  NONE                                       "
"c              SEASONAL ADJUSTMENT:  NONE                                    "
"c              SOURCE:  COMPILED BY MOSES ABRAMOVITZ; SEE HIS INVENTORIES    "
"c              AND BUSINESS CYCLES, WITH SPECIAL REFERENCE TO                "
"c              MANUFACTURERS' INVENTORIES.                                   "
"c                                                                            "
"c              NOTES:  SERIES 05067 IS PRESENTED HERE AS TWO                 "
"c              VARIABLES--(1)--ORIGINAL DATA, 1918-1934 (2)--ORIGINAL DATA,  "
"c              1934-1937.                                                    "
"c                    FIGURES ARE WITHOUT ADJUSTMENT FOR CHANGES IN           "
"c              CLASSIFICATON OF CORPORATIONS IN"STATISTICS OF INCOME."       "
"c              THE"STATISTICS OF INCOME" OLASSIFICATION CONSOLIDATED         "
"c              RETURNS FOR 1933 AND EARLIER.  THE FIGURE FOR 1934, HOWEVER,  "
"c              IS UNCONSOLIDATED AND THUS NOT STRICTLY COMPARABLE TO         "
"c              EARLIER DATA.  THE CONSOLIDATED FIGURE IS 4080.4.             "
"c                                                                            "
"c              CHECKED MANUALLY; NO CORRECTIONS NECESSARY.                   "
"c                                                                            "
"c           ...............................................................  "