"c VAR 0359 08063 STL WORK R 917-938 MD= 1E-37 " "c REF 0359 LOC 465 WIDTH 9 DK 8 COL 44-52 " "c EXP DEC= 1 " "c " "c AVERAGE WAGES, STEEL WORKERS, YOUNGSTOWN DISTRICT " "c ------------------------------------------------- " "c " "c NBER SERIES: 08063 " "c AREA COVERED: U.S. " "c UNITS: PER CENT BASE SCALE " "c ANNUAL COVERAGE: NONE " "c QUARTERLY COVERAGE: NONE " "c MONTHLY COVERAGE: 01/1917-04/1938 " "c SEASONAL ADJUSTMENT: NONE " "c SOURCE: SURVEY OF CURRENT BUSINESS, MAY, 1926 (NO. 57, P. " "c 13), 1932 SUPPLEMENT, P. 70-71, AND 1936 SUPPLEMENT, PP. 42, " "c MONTHLY ISSUES THROUGH OCTOBER, 1938. " "c " "c NOTES: THE SERIES IS COMPILED FROM DATA FURNISHED BY THE " "c WESTERN SHEET AND TIN PLATE MANUFACTURERS' ASSOCIATION AND " "c THE AMALGAMATED ASSOCIATION OF IRON AND STEEL AND TIN " "c WORKERS. THE WAGE SCALES ARE BASED ON THE PRICE OF STEEL " "c SHEETS IN THE PREVIOUS 2 MONTH PERIOD AS ASCERTAINED BY " "c ACTUAL PRICES RECEIVED BY MILLS, AND THE WAGES INCREASE OR " "c DECREASE OF 1.5 % FOR EACH 5 CENTS PER 100 POUNDS INCREASE " "c OR DECREASE IN THE PRICE BASE OF $2.15 PER 100 POUNDS. THEN " "c THE BASE WAS RAISED TO $2.50 AS OF JUNE, 1932 (ACCORDING TO " "c A LETTER IN DR. WOLMAN'S FILE, THE DATE IS JULY, 1932) IN " "c ORDER TO AFFECT A WAGE REDUCTION INDEPENDENTLY FROM PRICE " "c CHANGES; THE ORIGINAL BASE OF $2.15 WAS AGAIN ADOPTED IN " "c JULY, 1934. " "c " "c CHECKED MANUALLY; NO CORRECTIONS NECESSARY. " "c " "c ............................................................... "