"c           VAR 0347      14074 RE PORT 3R 919-938               MD= 1E-37   "
"c           REF 0347         LOC 3084 WIDTH  9             DK  49 COL 62-70  "
"c                                                 EXP DEC=  2                "
"c                                                                            "
"c              LOANS ON SECURITIES, REPORTING MEMBER BANKS, FEDERAL RESERVE  "
"c              SYSTEM                                                        "
"c              ------------------------------------------------------------  "
"c                                                                            "
"c              NBER SERIES:  14074                                           "
"c              AREA COVERED:  U.S.                                           "
"c              UNITS:  BILLIONS OF DOLLARS                                   "
"c              ANNUAL COVERAGE:  NONE                                        "
"c              QUARTERLY COVERAGE:  NONE                                     "
"c              MONTHLY COVERAGE:  12/1919-06/1938                            "
"c              SEASONAL ADJUSTMENT:  NONE                                    "
"c              SOURCE:  FEDERAL RESERVE BOARD, ANNUAL REPORTS, 1930, P. 98;  "
"c              1933, P. 184; 1936, PP. 154, 156, 160; 1937, P. 142;          "
"c              FOLLOWING YEARS.                                              "
"c                                                                            "
"c              NOTES:  DATA COVER 101 CITIES.                                "
"c                   IN SEPTEMBER 1934 THE FORM OF REPORTS CHANGED.  DATA     "
"c              WERE COMPUTED BY SUMMING LOANS TO BROKERS OUTSIDE NEW YORK    "
"c              CITY; OPEN MARKET LOANS-LOANS TO BROKERS IN NEW YORK CITY;    "
"c              LOANS TO OTHERS ON SECURITY.  DATA FOR JUNE-DECEMBER 1937     "
"c              WERE PUBLISHED AS TOTALS; DATA FOR 1938 WERE COMPUTED FROM    "
"c              WEEKLY FIGURES.                                               "
"c                                                                            "
"c              CHECKED MANUALLY; NO CORRECTIONS NECESSARY.                   "
"c                                                                            "