Data Represent New Capital Only (Municipal And Government Excluded) And Cover Steam Roads And Steam Railroad Terminal And Bridge Companies. Data Were Also Checked By Adding The Seperate Items: Long-Term Bonds And Notes, Short-Term Bonds And Notes, And Stocks. Source: Commercial And Financial Chronicle; Also Checked With The Survey Of Current Business, May 1938 (Data For January-March 1919 Are Taken From Here) And Supplement Of 1940
This NBER data series m10015 appears on the NBER website in Chapter 10 at http://www.nber.org/databases/macrohistory/contents/chapter10.html.
NBER Indicator: m10015
Release: NBER Macrohistory Database
National Bureau of Economic Research, New Corporate Issues, Bonds, Notes, and Stocks, Railroads, United States, Canadian, and Foreign [M10015M144NNBR], retrieved from FRED, Federal Reserve Bank of St. Louis https://research.stlouisfed.org/fred2/series/M10015M144NNBR, February 8, 2016.