"c           VAR 0322      05067 DIS TRI 1R 934-937               MD= 1E-37   "
"c           REF 0322         LOC 2859 WIDTH  9             DK  46 COL 26-34  "
"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:  1934-1937                                   "
"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                   1934 DATA ARE BASED ON THE 1933 STATISTICS OF INCOME     "
"c              CLASSIFICATION.  SUBSEQUENT YEARS WERE ADJUSTED ON THE BASIS  "
"c              OF A RATIO OF THE 1934 FIGURE FROM THE VARIABLE COVERING      "
"c              PRECEEDING YEARS, 1918-1934, DIVIDED BY THE 1934 FIGURE FOR   "
"c              THIS VARIABLE.  THE 1934 FIGURE PRESENTED HERE, HOWEVER, IS   "
"c              COMPARABLE TO PRECEEDING YEARS, NOT STRICTLY COMPARABLE TO    "
"c              THIS VARIABLE.  THE REVISED 1934 FIGURE IS 4495.9.            "
"c                                                                            "
"c              CHECKED MANUALLY; NO CORRECTIONS NECESSARY.                   "
"c                                                                            "
"c           ...............................................................  "