Data Are Described In The Jahrbuch As "Summe Der Umsatze," Which Includes Gutschriften And Lastschriften (Credit And Debit Transactions). Original Figures Exclude Bavaria And Wurttemberg. Annual Figures For All Of Germany Provide Ratios For Raising These Original Figures To The Level Of All Germany. Ratios Used: 1909-120.1, 1910-118.4, 1911-117.5, And 1912-117.1. Data For 1923 Were Not Published,"Fur 1923 Sind Keine Zahlen Bekanntgegeben." Source: 1909- 1912 Data Were Computed By NBER From Data Provided By Statistiches Amt. Wirtschaft Und Statistik Is The Source For 1914-1935 Data. This NBER data series m12028 appears on the NBER website in Chapter 12 at http://www.nber.org/databases/macrohistory/contents/chapter12.html. NBER Indicator: m12028

For more information, please see the Import/Export Price Indexes web site at https://www.bls.gov/mxp/

Exchange Traded Funds (ETFs) are shares of trusts that hold portfolios of stocks designed to closely track the price performance and yield of specific indices. Copyright, 2016, Chicago Board Options Exchange, Inc. Reprinted with permission.

Series Is Presented Here As 3 Variables: (1) Annual Data, 1880-1919; (2) Annual Data, Paper Marks, 1917-23; (3) Annual Data, Gold Marks, 1923-35. Source: Deutsche Reichsbahn Gesellschaft This NBER data series a02087cc appears on the NBER website in Chapter 2 at http://www.nber.org/databases/macrohistory/contents/chapter02.html. NBER Indicator: a02087cc

Series Is Presented Here As Two Variables--(1)--Original Data, 1878-1914 (2)--Original Data, 1914-1949. First Of Month Data In Original Sources Are Presented Here As Of The End Of The End Of The Preceeding Month. Source: Computed By NBER From U.S. Treasury Department Data: Annual Reports Of The Treasurer, 1886 And Following Years; Circulation Statements Of U.S. Money, 1887 And Following. This NBER data series m14131a appears on the NBER website in Chapter 14 at http://www.nber.org/databases/macrohistory/contents/chapter14.html. NBER Indicator: m14131a

Series Is Presented Here As Two Variables--(1)--Original Data, 1878-1914 (2)--Original Data, 1914-1949. The Form Of The Circulation Statement Was Revised Beginning December 31, 1927 So As To Exclude Earmarked Gold Coin From The Stock Of Money And Hence From Money In Circulation. Data Were Revised Back To 1914 By The Federal Reserve Board (See Banking And Monetary Statistics, P. 407). Figures Were Also Revised Beginning 1914 By Frb To Exclude The Amount Of 287 Million Dollars In Gold Coin Reported To Be In Circulation In January 1934, When That Figure Was Discontinued In The Circulation Statement, But Believed To Have Been Lost Or Melted Down Over The Years (See Banking And Monetary Statistics, P. 407). Beginning December 31, 1927, Circulation Statements Are Dated For The End Of Month Instead Of The Beginning Of The Succeeding Month, And Figures On The Revised Daily Treasury Statement Basis Instead Of Unrevised Figures Are Used. Figures Are Revised Back To 1914 By Frb. Source: Computed By NBER From U.S. Treasury Department Data: Annual Reports Of The Treasurer, 1886 And Following Years; Circulation Statements Of U.S. Money, 1887 And Following. This NBER data series m14131b appears on the NBER website in Chapter 14 at http://www.nber.org/databases/macrohistory/contents/chapter14.html. NBER Indicator: m14131b

Series Is Presented Here As Two Variables -- (1)-- Original Data, 1879-1919, (2)--Original Data, 1913-1936. Coal Tax Imposed 08/1917. Tax Abolished 10/1923. Source: 1913-1923: Wirtschift Und Stat. 1925 "Lahlen Zur Geldentwertung" P. 26; Vierhljahrshefle Zur Statistik. This NBER data series m04101b appears on the NBER website in Chapter 4 at http://www.nber.org/databases/macrohistory/contents/chapter04.html. NBER Indicator: m04101b

Notes regarding this series can be found in International Financial Statistics Yearbooks produced by the International Monetary Fund (IMF). We have requested these publications from the IMF. Notes on this series will populate once they become available. Copyright © 2016, International Monetary Fund. Reprinted with permission. Complete terms of use and contact details are available at http://www.imf.org/external/terms.htm.

Notes regarding this series can be found in International Financial Statistics Yearbooks produced by the International Monetary Fund (IMF). We have requested these publications from the IMF. Notes on this series will populate once they become available. Copyright © 2016, International Monetary Fund. Reprinted with permission. Complete terms of use and contact details are available at http://www.imf.org/external/terms.htm.

Notes regarding this series can be found in International Financial Statistics Yearbooks produced by the International Monetary Fund (IMF). We have requested these publications from the IMF. Notes on this series will populate once they become available. Copyright © 2016, International Monetary Fund. Reprinted with permission. Complete terms of use and contact details are available at http://www.imf.org/external/terms.htm.

Notes regarding this series can be found in International Financial Statistics Yearbooks produced by the International Monetary Fund (IMF). We have requested these publications from the IMF. Notes on this series will populate once they become available. Copyright © 2016, International Monetary Fund. Reprinted with permission. Complete terms of use and contact details are available at http://www.imf.org/external/terms.htm.

Source ID: FD313011105.Q For more information about the Flow of Funds tables, see the Financial Accounts Guide (https://www.federalreserve.gov/apps/fof/Default.aspx). With each quarterly release, the source may make major data and structural revisions to the series and tables. These changes are available in the Release Highlights (https://www.federalreserve.gov/apps/fof/FOFHighlight.aspx). In the Financial Accounts, the source identifies each series by a string of patterned letters and numbers. For a detailed description, including how this series is constructed, see the series analyzer (https://www.federalreserve.gov/apps/fof/SeriesAnalyzer.aspx?s=FD313011105&t=) provided by the source. This data appear in Table S.7.q of the 'Integrated Macroeconomic Accounts for the United States.' These tables present a sequence of accounts that relate production, income and spending, capital formation, financial transactions, and asset revaluations to changes in net worth between balance sheets for the major sectors of the U.S. economy. They are part of an interagency effort to further harmonize the BEA National Income and Product Accounts (NIPAs) and the Federal Reserve Board Flow of Funds Accounts (FFAs). The structure of these tables is based on the internationally accepted set of guidelines for the compilation of national accounts that are offered in the System of National Accounts 1993 (SNA). Cautionary note on the use of the integrated macroeconomic accounts (IMA) - The estimates that are provided on this page are based on a unique set of accounting standards that are founded on the SNA. Accordingly, some of the estimates in in the IMA tables will differ from the official estimates that are published in the NIPAs and FFAs due to conceptual differences. There will also be some statistical differences between the estimates in these tables and those in the related accounts. For further information on the conceptual differences, see the reference paper (https://www.bea.gov/data/special-topics/integrated-macroeconomic-accounts).

Data before Wednesday, April 27, 1921 represent weekly values as of Friday. Authors: Cecilia Bao, Justin Chen, Nicholas Fries, Andrew Gibson, Emma Paine, and Kurt Schuler Studies in Applied Economics no. 115, Johns Hopkins University Institute for Applied Economics, Global Health, and the Study of Business Enterprise, July 2018; co-published with the Center for Financial Stability

Data before Wednesday, April 27, 1921 represent weekly values as of Friday. Authors: Cecilia Bao, Justin Chen, Nicholas Fries, Andrew Gibson, Emma Paine, and Kurt Schuler Studies in Applied Economics no. 115, Johns Hopkins University Institute for Applied Economics, Global Health, and the Study of Business Enterprise, July 2018; co-published with the Center for Financial Stability

This series is in the H.4.1 Factors Affecting Reserve Balances statistical press release and is available in FRED as WACL (https://fred.stlouisfed.org/series/WACL). Data before Wednesday, April 27, 1921 represent weekly values as of Friday. Authors: Cecilia Bao, Justin Chen, Nicholas Fries, Andrew Gibson, Emma Paine, and Kurt Schuler Studies in Applied Economics no. 115, Johns Hopkins University Institute for Applied Economics, Global Health, and the Study of Business Enterprise, July 2018; co-published with the Center for Financial Stability

Notes regarding this series can be found in International Financial Statistics Yearbooks produced by the International Monetary Fund (IMF). We have requested these publications from the IMF. Notes on this series will populate once they become available. Copyright © 2016, International Monetary Fund. Reprinted with permission. Complete terms of use and contact details are available at http://www.imf.org/external/terms.htm.

Source ID: FL263011105.A For more information about the Flow of Funds tables, see the Financial Accounts Guide (https://www.federalreserve.gov/apps/fof/Default.aspx). With each quarterly release, the source may make major data and structural revisions to the series and tables. These changes are available in the Release Highlights (https://www.federalreserve.gov/apps/fof/FOFHighlight.aspx). In the Financial Accounts, the source identifies each series by a string of patterned letters and numbers. For a detailed description, including how this series is constructed, see the series analyzer (https://www.federalreserve.gov/apps/fof/SeriesAnalyzer.aspx?s=FL263011105&t=) provided by the source.

Source ID: FL713011203.A For more information about the Flow of Funds tables, see the Financial Accounts Guide (https://www.federalreserve.gov/apps/fof/Default.aspx). With each quarterly release, the source may make major data and structural revisions to the series and tables. These changes are available in the Release Highlights (https://www.federalreserve.gov/apps/fof/FOFHighlight.aspx). In the Financial Accounts, the source identifies each series by a string of patterned letters and numbers. For a detailed description, including how this series is constructed, see the series analyzer (https://www.federalreserve.gov/apps/fof/SeriesAnalyzer.aspx?s=FL713011203&t=) provided by the source.

Source ID: FR263011105.A For more information about the Flow of Funds tables, see the Financial Accounts Guide (https://www.federalreserve.gov/apps/fof/Default.aspx). With each quarterly release, the source may make major data and structural revisions to the series and tables. These changes are available in the Release Highlights (https://www.federalreserve.gov/apps/fof/FOFHighlight.aspx). In the Financial Accounts, the source identifies each series by a string of patterned letters and numbers. For a detailed description, including how this series is constructed, see the series analyzer (https://www.federalreserve.gov/apps/fof/SeriesAnalyzer.aspx?s=FR263011105&t=) provided by the source.

Source ID: FR713011203.A For more information about the Flow of Funds tables, see the Financial Accounts Guide (https://www.federalreserve.gov/apps/fof/Default.aspx). With each quarterly release, the source may make major data and structural revisions to the series and tables. These changes are available in the Release Highlights (https://www.federalreserve.gov/apps/fof/FOFHighlight.aspx). In the Financial Accounts, the source identifies each series by a string of patterned letters and numbers. For a detailed description, including how this series is constructed, see the series analyzer (https://www.federalreserve.gov/apps/fof/SeriesAnalyzer.aspx?s=FR713011203&t=) provided by the source.

BEA Account Code: B1233C For more information about this series, please see http://www.bea.gov/national/.

BEA Account Code: B1087C For more information about this series, please see http://www.bea.gov/national/.

Notes regarding this series can be found in International Financial Statistics Yearbooks produced by the International Monetary Fund (IMF). We have requested these publications from the IMF. Notes on this series will populate once they become available. Copyright © 2016, International Monetary Fund. Reprinted with permission. Complete terms of use and contact details are available at http://www.imf.org/external/terms.htm.

Notes regarding this series can be found in International Financial Statistics Yearbooks produced by the International Monetary Fund (IMF). We have requested these publications from the IMF. Notes on this series will populate once they become available. Copyright © 2016, International Monetary Fund. Reprinted with permission. Complete terms of use and contact details are available at http://www.imf.org/external/terms.htm.

Source ID: FU313011203.A For more information about the Flow of Funds tables, see the Financial Accounts Guide (https://www.federalreserve.gov/apps/fof/Default.aspx). With each quarterly release, the source may make major data and structural revisions to the series and tables. These changes are available in the Release Highlights (https://www.federalreserve.gov/apps/fof/FOFHighlight.aspx). In the Financial Accounts, the source identifies each series by a string of patterned letters and numbers. For a detailed description, including how this series is constructed, see the series analyzer (https://www.federalreserve.gov/apps/fof/SeriesAnalyzer.aspx?s=FU313011203&t=) provided by the source.

Internal Demand For Gold Is Equal To The Difference Between The Net Imports Of Gold And The Increase In The Bank Of England'S Gold Reserve (Including Coins). Net Imports Are Based On Weekly Returns. Average Weekly Demand Was Computed By NBER From Quarterly Data Given In Source By Dividing By 12, 13, Or 14 (Number Of Weeks In Quarter). Quarters Begin On The Thursday Following The First Wednesday In December, March, June, And September Respectively. Annual Totals Equal The Algebraic Sum Of Weekly Averages Per Quarter. Source: R.G. Hawtrey, A Century Of Bank Rates (London, 1938), Appendix Ii, Pp. 297-300. This NBER data series q14003 appears on the NBER website in Chapter 14 at http://www.nber.org/databases/macrohistory/contents/chapter14.html. NBER Indicator: q14003

Series Is Presented Here As Two Variables--(1)--Original Data, 1878-1914 (2)--Original Data, 1914-1949. Data In Original Source Are As Of The First Of The Month, Used Here To Represent The End Of The Preceding Month. Data Represent The Net Monetary Gold, Including Cover For Gold Certificates In The Treasury; Gold Coins Are Incuded. Source: Computed By NBER Using Data From U.S. Treasury Department Data: Annual Reports Of The Secretary; And Circulation Statements Of U.S. Money. This NBER data series m14137a appears on the NBER website in Chapter 14 at http://www.nber.org/databases/macrohistory/contents/chapter14.html. NBER Indicator: m14137a

Series Is Presented Here As Two Variables--(1)--Original Data, 1878-1914 (2)--Original Data, 1914-1949. Data In Original Source Are As Of The First Of The Month, Used Here To Represent The End Of The Preceding Month. Data Represent The Net Monetary Gold, Including Cover For Gold Certificates In The Treasury; Gold Coins Are Included Until January 1934. In December 1927 The Form Of The Circulation Statement Was Changed And Gold Held By Federal Reserve Banks Under Earmark For Foreign Account Was Excluded, And Gold Held Abroad For Federal Reserve Banks Was Included. Data Were Revised By The Federal Reserve Board To Reflect These Changes Back To 1914. Between January 31, 1934 And Febuary 1, 1934, The Gold Stock Was Increased 2.98 Billion Dollars Of Which 2.81 Billion Dollars Was The Increment Resulting From Reduction In The Weight Of The Gold Dollar And The Remainder Was Gold Which Had Been Purchased By The Treasury Previously, But Not Added To The Gold Stock. Source: Computed By NBER Using Data From U.S. Treasury Department Data: Annual Reports Of The Secretary; And Circulation Statements Of U.S. Money. This NBER data series m14137b appears on the NBER website in Chapter 14 at http://www.nber.org/databases/macrohistory/contents/chapter14.html. NBER Indicator: m14137b

Data before Wednesday, April 27, 1921 represent weekly values as of Friday. Authors: Cecilia Bao, Justin Chen, Nicholas Fries, Andrew Gibson, Emma Paine, and Kurt Schuler Studies in Applied Economics no. 115, Johns Hopkins University Institute for Applied Economics, Global Health, and the Study of Business Enterprise, July 2018; co-published with the Center for Financial Stability

Source ID: FD313011105.A For more information about the Flow of Funds tables, see the Financial Accounts Guide (https://www.federalreserve.gov/apps/fof/Default.aspx). With each quarterly release, the source may make major data and structural revisions to the series and tables. These changes are available in the Release Highlights (https://www.federalreserve.gov/apps/fof/FOFHighlight.aspx). In the Financial Accounts, the source identifies each series by a string of patterned letters and numbers. For a detailed description, including how this series is constructed, see the series analyzer (https://www.federalreserve.gov/apps/fof/SeriesAnalyzer.aspx?s=FD313011105&t=) provided by the source. This data appear in Table S.7.a of the 'Integrated Macroeconomic Accounts for the United States.' These tables present a sequence of accounts that relate production, income and spending, capital formation, financial transactions, and asset revaluations to changes in net worth between balance sheets for the major sectors of the U.S. economy. They are part of an interagency effort to further harmonize the BEA National Income and Product Accounts (NIPAs) and the Federal Reserve Board Flow of Funds Accounts (FFAs). The structure of these tables is based on the internationally accepted set of guidelines for the compilation of national accounts that are offered in the System of National Accounts 1993 (SNA). Cautionary note on the use of the integrated macroeconomic accounts (IMA) - The estimates that are provided on this page are based on a unique set of accounting standards that are founded on the SNA. Accordingly, some of the estimates in in the IMA tables will differ from the official estimates that are published in the NIPAs and FFAs due to conceptual differences. There will also be some statistical differences between the estimates in these tables and those in the related accounts. For further information on the conceptual differences, see the reference paper (https://www.bea.gov/data/special-topics/integrated-macroeconomic-accounts).

Source ID: FU263011105.A For more information about the Flow of Funds tables, see the Financial Accounts Guide (https://www.federalreserve.gov/apps/fof/Default.aspx). With each quarterly release, the source may make major data and structural revisions to the series and tables. These changes are available in the Release Highlights (https://www.federalreserve.gov/apps/fof/FOFHighlight.aspx). In the Financial Accounts, the source identifies each series by a string of patterned letters and numbers. For a detailed description, including how this series is constructed, see the series analyzer (https://www.federalreserve.gov/apps/fof/SeriesAnalyzer.aspx?s=FU263011105&t=) provided by the source.

Source ID: FU263011205.A For more information about the Flow of Funds tables, see the Financial Accounts Guide (https://www.federalreserve.gov/apps/fof/Default.aspx). With each quarterly release, the source may make major data and structural revisions to the series and tables. These changes are available in the Release Highlights (https://www.federalreserve.gov/apps/fof/FOFHighlight.aspx). In the Financial Accounts, the source identifies each series by a string of patterned letters and numbers. For a detailed description, including how this series is constructed, see the series analyzer (https://www.federalreserve.gov/apps/fof/SeriesAnalyzer.aspx?s=FU263011205&t=) provided by the source.

Source ID: FU903011105.A For more information about the Flow of Funds tables, see the Financial Accounts Guide (https://www.federalreserve.gov/apps/fof/Default.aspx). With each quarterly release, the source may make major data and structural revisions to the series and tables. These changes are available in the Release Highlights (https://www.federalreserve.gov/apps/fof/FOFHighlight.aspx). In the Financial Accounts, the source identifies each series by a string of patterned letters and numbers. For a detailed description, including how this series is constructed, see the series analyzer (https://www.federalreserve.gov/apps/fof/SeriesAnalyzer.aspx?s=FU903011105&t=) provided by the source.

Source ID: FR903011105.Q For more information about the Flow of Funds tables, see the Financial Accounts Guide (https://www.federalreserve.gov/apps/fof/Default.aspx). With each quarterly release, the source may make major data and structural revisions to the series and tables. These changes are available in the Release Highlights (https://www.federalreserve.gov/apps/fof/FOFHighlight.aspx). In the Financial Accounts, the source identifies each series by a string of patterned letters and numbers. For a detailed description, including how this series is constructed, see the series analyzer (https://www.federalreserve.gov/apps/fof/SeriesAnalyzer.aspx?s=FR903011105&t=) provided by the source.

Source ID: FU713011203.A For more information about the Flow of Funds tables, see the Financial Accounts Guide (https://www.federalreserve.gov/apps/fof/Default.aspx). With each quarterly release, the source may make major data and structural revisions to the series and tables. These changes are available in the Release Highlights (https://www.federalreserve.gov/apps/fof/FOFHighlight.aspx). In the Financial Accounts, the source identifies each series by a string of patterned letters and numbers. For a detailed description, including how this series is constructed, see the series analyzer (https://www.federalreserve.gov/apps/fof/SeriesAnalyzer.aspx?s=FU713011203&t=) provided by the source.

BEA Account Code: B1095C For more information about this series, please see http://www.bea.gov/national/.

BEA Account Code: A2031C For more information about this series, please see http://www.bea.gov/national/.

BEA Account Code: B1243C For more information about this series, please see http://www.bea.gov/national/.

BEA Account Code: B1091C For more information about this series, please see http://www.bea.gov/national/.

Notes regarding this series can be found in International Financial Statistics Yearbooks produced by the International Monetary Fund (IMF). We have requested these publications from the IMF. Notes on this series will populate once they become available. Copyright © 2016, International Monetary Fund. Reprinted with permission. Complete terms of use and contact details are available at http://www.imf.org/external/terms.htm.

Notes regarding this series can be found in International Financial Statistics Yearbooks produced by the International Monetary Fund (IMF). We have requested these publications from the IMF. Notes on this series will populate once they become available. Copyright © 2016, International Monetary Fund. Reprinted with permission. Complete terms of use and contact details are available at http://www.imf.org/external/terms.htm.

Notes regarding this series can be found in International Financial Statistics Yearbooks produced by the International Monetary Fund (IMF). We have requested these publications from the IMF. Notes on this series will populate once they become available. Copyright © 2016, International Monetary Fund. Reprinted with permission. Complete terms of use and contact details are available at http://www.imf.org/external/terms.htm.

Notes regarding this series can be found in International Financial Statistics Yearbooks produced by the International Monetary Fund (IMF). We have requested these publications from the IMF. Notes on this series will populate once they become available. Copyright © 2016, International Monetary Fund. Reprinted with permission. Complete terms of use and contact details are available at http://www.imf.org/external/terms.htm.

Notes regarding this series can be found in International Financial Statistics Yearbooks produced by the International Monetary Fund (IMF). We have requested these publications from the IMF. Notes on this series will populate once they become available. Copyright © 2016, International Monetary Fund. Reprinted with permission. Complete terms of use and contact details are available at http://www.imf.org/external/terms.htm.

For more information, please see the Import/Export Price Indexes web site at https://www.bls.gov/mxp/

This series has been discontinued as a result of the comprehensive restructuring of the international economic accounts (https://apps.bea.gov/scb/pdf/2014/07%20July/0714_annual_international_transactions_accounts.pdf). For a crosswalk of the old and new series in FRED see: http://research.stlouisfed.org/CompRevisionReleaseID49.xlsx.

This series has been discontinued as a result of the comprehensive restructuring of the international economic accounts (https://apps.bea.gov/scb/pdf/2014/07%20July/0714_annual_international_transactions_accounts.pdf). For a crosswalk of the old and new series in FRED see: http://research.stlouisfed.org/CompRevisionReleaseID49.xlsx.

This series has been discontinued and will no longer be updated. It has been consolidated under the following series, which will continue to be updated: H41RESPPARF10NWW (https://fred.stlouisfed.org/series/H41RESPPARF10NWW). For further information about the changes to the H.4.1 Statistical Release, please see the announcements (https://www.federalreserve.gov/feeds/h41.html) provided by the source.