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BOARD OP GOVERNORS OF 1HE FEDERaL RESERVE SYSIf! G.12.3 DEC 3 1 1 9 4 8 December )0* BUSINESS IKDEXSS Correction for Page 3 Freight Cwloadinga (1935-39 average • 100) Adjusted for seasonal variation M Boy. 1 Oct/ &OV. Coal Coke Grain Livestock Rarest products Ore Miscellaneous Merchandise, l . c . l . 130 198 155 90 liA HQ llik 66 11+7 19U 150 93 lto rl?8 lii5 68 cl60 cl95 clit5 cl05 cl50 cl63 cl51 c 75 Without season al ad.^us itac nt t<o7* 1 Oct. 139 198 152 Ilk iia 196 12*9 68 ihl 190 150 1W 158 2L0 159 71 Ci6v cl?5 cli»2 0133 clhl ,ci63 cl53 c 77 Bote*--To convert coal arid miscellaneous indexes t o p o i n t s i n t o t a l index, shown i n Federal Reserve Chart Book, m u l t i p l y coal by .21$ and miscellaneous by *5f;8,
@FedFRASER