Source: National Bureau of Economic Research  

Release: NBER Macrohistory Database  

Units:  Millions of Dollars, Not Seasonally Adjusted

Frequency:  Monthly

1889-1897 Data Were Taken From The New York Times Issues Beginning In 1905. A Table Was Published Once Monthly Under The Heading Of "Stock Transactions" Which Gives The Figures For That Month Back To 1889. The Table Contains Many Obvious Errors And Misprints--The Latter Being Carried On After Being Misprinted. These 1905 Tables Are The Earliest Appearance Of The Figures For 1889-1897. The Stock Exchange Was Closed August-November, 1914. The Total For 1914 Is For The Eight Remaining Months. Beginning In 1939, The Prices Are As "Reported" (Trade Dates, Rather Than Settlement Dates). The Prices Are Also In The Survey Of Current Business As "Face Value, Exclusive Of Stopped Sales." Source: 1889-1897 Data Are From The New York Times. 1898-1938 Data Are From The New York Stock Exchange (Nyse) Bulletin, August, 1934, Pp.10A To 10B, January, 1935, P.11, And Following Issues. 1939 Data Are From The Nyse Yearbook For 1940. January-April And October-December, 1940, And January-April, 1941 Data Are From "The Exchange." May-September, 1940, Quotations Are From The Nyse Statistical Compilations. 1942-1943 Data Are From"The Exchange." For 1944 And Following Years Data Are From Bank And Quotation Journal.

This NBER data series m11001 appears on the NBER website in Chapter 11 at http://www.nber.org/databases/macrohistory/contents/chapter11.html.

NBER Indicator: m11001