"c           VAR 0018      11011 SPI      R 887-935               MD= 1E-37   "
"c           REF 0018         LOC  123 WIDTH  9             DK   2 COL 62-70  "
"c                                                 EXP DEC=  1                "
"c                                                                            "
"c              SECURITY PRICE INDEX                                          "
"c              --------------------                                          "
"c                                                                            "
"c              NBER SERIES:  11011                                           "
"c              AREA COVERED:  GREAT BRITAIN --LONDON                         "
"c              UNITS:  1913=100                                              "
"c              ANNUAL COVERAGE:  NONE                                        "
"c              QUARTERLY COVERAGE:  NONE                                     "
"c              MONTHLY COVERAGE:  04/1887, 07/1887-06/1888,                  "
"c              09/1888-03/1890, 05/1890-12/1890, ALL MONTHS EXCEPT AUGUST    "
"c              FOR THE YEARS 1891-1894, 01/1895-12/1895, ALL MONTHS EXCEPT   "
"c              JULY FOR 1896, 01/1897-12/1897, ALL MONTHS EXCEPT JULY FOR    "
"c              THE YEARS 1898-1899, 01/1900-08/1914, 01/1915-07/1921,        "
"c              09/1921-03/1935.                                              "
"c              SEASONAL ADJUSTMENT:  NONE                                    "
"c              SOURCE:  BANKERS' MAGAZINE, LONDON AND COMPUTED BY NBER (SEE  "
"c              NOTE BELOW).                                                  "
"c                                                                            "
"c              NOTES:  THIS INDEX WAS COMPUTED BY NBER FROM ORIGINAL DATA    "
"c              IN THOUSANDS OF POUNDS STERLING PUBLISHED IN BANKERS'         "
"c              MAGAZINE. ADDITIONS TO OR SUBTRACTIONS FROM THE NUMBER OF     "
"c              SECURITIES INCLUDED HAVE BEEN MADE FROM TIME TO TIME.  DATA   "
"c              FROM THE OLD AND NEW SERIES WERE LINKED BY THE NBER AND THE   "
"c              RESULTANT INDEX IS CONSTRUCTED BASED UPON THE 1913 AVERAGE.   "
"c              AT THE POINTS OF THESE REVISIONS IN THE SERIES THE VALUE FOR  "
"c              THE GIVEN DATE ACCORDING TO BOTH THE OLD AND THE NEW DATA     "
"c              WERE AVAILABLE.                                               "
"c                   BY MULTIPLYING DATA FROM ONE PERIOD BY A COEFFICIENT     "
"c              EQUAL TO THE RATIO OF THE OLD TO THE NEW, A SINGLE SERIES     "
"c              WAS CONSTRUCTED, INCLUDING THE DATA FROM BOTH ORIGINAL        "
"c              SECTIONS. CONSEQUENTLY, THE VARIOUS SECTIONS OF ORIGINAL      "
"c              DATA HAVE BEEN TIED TOGETHER AT THEIR OVERLAPPING POINTS.     "
"c                   THE TIME PERIODS USED BY NBER ARE APRIL, 1887-JUNE,      "
"c              1891; JUNE, 1891-DECEMBER, 1895; DECEMBER, 1895-DECEMBER,     "
"c              1906; DECEMBER, 1906-DECEMBER, 1921; DECEMBER,                "
"c              1921-DECEMBER, 1922; DECEMBER, 1922-1939.                     "
"c                   THE VALUATION WAS OMITTED FOR MAY AND JUNE, 1887.        "
"c                   IN MARCH, 1888, THERE WERE THE SAME NUMBER OF STOCKS,    "
"c              BUT THE PAR CHANGED.  THE FOLLOWING IS A SUMMARY OF THE TIME  "
"c              PERIODS, THE NUMBER OF SHARES, OR SECURITIES INVOLVED, AND    "
"c              THE PAR VALUE, IN THOUSANDS OF POUNDS.                        "
"c                                                                            "
"c                   04/1887-06/1891, 20 SHARES, PAR VALUE OF 4,857;          "
"c              06/1891-12/1895, 14 SHARES, PAR VALUE OF 3,714;               "
"c              12/1895-12/1906, 15 SHARES, PAR VALUE OF 9,944;               "
"c              12/1906-12/1921, 38 SHARES, PAR VALUE OF 36,701;              "
"c              12/1921-1935, 38 SHARES, PAR VALUE OF 146,916.                "
"c                                                                            "
"c              CHECKED MANUALLY; CORRECTED 10/26/93.                         "
"c                                                                            "
"c           ...............................................................  "