"c           VAR 0171      09034 OF LURE 3R 939-948               MD= 1E-37   "
"c           REF 0171         LOC 1500 WIDTH  9             DK  24 COL 53-61  "
"c                                                 EXP DEC=  2                "
"c                                                                            "
"c              LIABILITIES OF BUSINESS FAILURES, MANUFACTURING COMPANIES     "
"c              ---------------------------------------------------------     "
"c                                                                            "
"c              NBER SERIES:  09034                                           "
"c              AREA COVERED:  U.S.                                           "
"c              UNITS:  MILLIONS OF DOLLARS                                   "
"c              ANNUAL COVERAGE:  NONE                                        "
"c              QUARTERLY COVERAGE:  NONE                                     "
"c              MONTHLY COVERAGE:  01/1939-02/1948                            "
"c              SEASONAL ADJUSTMENT:  NONE                                    "
"c              SOURCE:  DUN AND BRADSTREET, INC., DUN'S STATISTICAL REVIEW.  "
"c                                                                            "
"c              NOTES:  SERIES 09034 IS PRESENTED HERE AS THREE               "
"c              VARIABLES--(1)--ORIGINAL DATA, 1984-1938  (2)--ORIGINAL DATA, "
"c              1934-1939  (3)--ORIGINAL DATA, 1939-1948.                     "
"c                   THIS VARIABLE REPRESENTS A MORE COMPLETE COVERAGE OF     "
"c              VOLUNTARY DISCONTINUANCES WITH LOSSES TO CREDITORS AND OF     "
"c              SMALL FAILURES NOT PREVIOUSLY COVERED BY DUN AND BRADSTREET   "
"c              BRANCH OFFICES (SEE SOURCE, MARCH, 1940).                     "
"c                   BEGINNING IN 1940, THERE WAS A RECLASSIFICATION OF       "
"c              SUBGROUPS TO CONFORM TO THE STANDARD INDUSTRIAL               "
"c              CLASSIFICATION USED IN GOVERNMENT STATISTICS. BAKERIES WITH   "
"c              RETAIL OUTLETS WERE TRANSFERRED FROM MANUFACTURING TO RETAIL  "
"c              TRADE. LIABILITIES OF THAT GROUP WERE APPROXIMATELY $786,000  "
"c              IN 1940 (SEE SOURCE, MARCH, 1941).  CONTINUITY OF FIGURES     "
"c              NOT AFFECTED BY 1939 AND 1940 CHANGES.                        "
"c                                                                            "
"c              CHECKED MANUALLY; NO CORRECTIONS NECESSARY.                   "
"c                                                                            "
"c                                                                            "