Source: National Bureau of Economic Research  

Release: NBER Macrohistory Database  

Units:  Cents per Pound, Not Seasonally Adjusted

Frequency:  Monthly

Notes:

Series Is Presented Here As Two Variables--(1)--Original Data, 1875-1904 (2)--Original Data, 1898-1958. Prices Given Are Averages Of Weekly Quotations. Common Grades Are Usually Specified As "Prime Western," Delivered At The New York Price. Beginning In December, 1942, A 3% Freight Tax Is Reflected In The Prices. Summary Tables In Annual Review Issues Of Iron Age Show The Price To Be 8.65 Without Mention Of Freight Tax (See January 6, 1949, P.352 And Previous January Issues. However, The Monthly Issues Show The Change From 8.67 To 8.65 From November 16, 1944, On; 8.67 Being Last Shown On November 9, 1944, P.155. The Bls"Wholesale Prices" Give $0.087 Through December 1943, And $0.086 Thereafter. Source: Iron Age, January 7, 1915 And Following January Issues For Summary Tables; Current Averages From Engineering And Mining Journal.

This NBER data series m04092b appears on the NBER website in Chapter 4 at http://www.nber.org/databases/macrohistory/contents/chapter04.html.

NBER Indicator: m04092b