"c           VAR 0047      14138 OUT END 3R 914-949               MD= 1E-37   "
"c           REF 0047         LOC  384 WIDTH  9             DK   6 COL 71-79  "
"c                                                                            "
"c                                                                            "
"c              SILVER OUTSIDE THE TREASURY AND FEDERAL RESERVE BANKS, END    "
"c              OF MONTH                                                      "
"c              ----------------------------------------------------------    "
"c                                                                            "
"c              NBER SERIES:  14138                                           "
"c              AREA COVERED:  U.S.                                           "
"c              UNITS:  MILLIONS OF DOLLARS                                   "
"c              ANNUAL COVERAGE:  NONE                                        "
"c              QUARTERLY COVERAGE:  NONE                                     "
"c              MONTHLY COVERAGE:  01/1914-05/1949                            "
"c              SEASONAL ADJUSTMENT:  NONE                                    "
"c              SOURCE:  COMPUTED BY NBER USING DATA FROM THE U.S. TREASURY   "
"c              DEPARTMENT DATA:  ANNUAL REPORTS OF THE TREASURER, 1886 AND   "
"c              FOLLOWING YEARS; CIRCULATION STATEMENTS OF U.S. MONEY, 1887   "
"c              AND FOLLOWING YEARS.                                          "
"c                                                                            "
"c              NOTES:  SERIES 14138 IS PRESENTED HERE AS TWO                 "
"c              VARIABLES--(1)--ORIGINAL DATA, 1878-1914  (2)--ORIGINAL DATA, "
"c              1914-1949.                                                    "
"c                   DATA IS SHOWN IN ORIGINAL SOURCE AS FIRST OF MONTH       "
"c              DATA, PRESENTED HERE AS END OF MONTH DATA FOR PRECEEDING      "
"c              MONTH.                                                        "
"c                   BEGINNING DECEMBER 31, 1927 CIRCULATION STATEMENTS ARE   "
"c              DATED FOR THE END OF THE MONTH INSTEAD OF THE BEGINNING OF    "
"c              THE SUCCEEDING MONTH AND FIGURES ARE THE REVISED DAILY        "
"c              TREASURY STATEMENT INSTEAD OF THE UNREVISED FIGURES USED      "
"c              PREVIOUSLY.  THE FEDERAL RESERVE BOARD HAS REVISED DATA FOR   "
"c              FEDERAL RESERVE BANKS BACK TO 1914.                           "
"c                   BEGINNING WITH MARCH 1915 TOTAL STOCK OF SILVER AND      "
"c              SILVER IN THE TREASURY INCLUDED COVERAGE FOR TREASURY NOTES   "
"c              OF 1890.                                                      "
"c                                                                            "
"c              CHECKED MANUALLY; NO CORRECTIONS NECESSARY.                   "
"c                                                                            "
"c           ...............................................................  "