Introduction, 561.— I. Labor incomes, dividends and interest: all corporations, 563. — What is national income? 566.— Choice of a base for comparison, 571.— Dividends and interest payments vs. net earnings, 573.— II. The manufacturing industries taken separately, 575. — Further evidence on dividend payments, 581.— Corporate capitalization during the depression, 584.— III. Confusion of profits with interest and dividends, 585.— Different experience of these items, 586.— The fortunate exceptions, 590.— Computation of profits, 590. — Reduction in interest payments, 593.— Net profits in 1933 and 1934, 595.— Deficits, 599.— Conclusions, 599.

I. The “purchasing power” argument of the silver interests, and its political importance, 245. — II. China not on the silver standard: the paper currencies, 249; variety of silver coins and weights, 250; copper coins, 251. — Money changing, 252. — Independent price levels, 254. — III. Hoarding of silver: in coin, 255; in ornaments, 256. — The price of silver: demand, 257; supply, 259. — Influence of conditions in China: warfare, 260; modernization, 264. — IV. Effects upon prices: in the interior, 267; in Shanghai, 268. — V. Chinese opinion primarily concerned with problem of uniformity rather than stability, 273. — Interpretation of the evidence, 277. — Conclusion, 280.

I. Joint Costs a phenomenon of production; costs as flows; joint means joined, 416. — II. Joint costs with invariable proportions, 419. — Bases of cost apportionment, 420. — Relative demand schedules, 421. — Method of addition and subtraction, 424. — Arbitrary methods of allocation, 425. — Repercussions on the structure of industry, 427. — Cartellization, 429.—Vertical and lateral integration, 431. — III. Joint costs with variable proportions, 433. — Manipulating the variables of chemical equilibria, 436. — By varying concentration, 437. — Temperature, 436. — Pressure, 440. — And state of aggregation of the components, 441. — Mathematical predictability of variation, 444. — Research laboratory as systematizer of march of invention and nerve centre of control of production and marketing, 445. — IV. Nature and scope of joint costs, 448. — Element of technological compulsion vs. element of profit-maximizing variability, 449. — The problem of valuation, 450. — All the factors may vary discontinuously, 452. — Joint costs and overhead costs, 455; and decreasing costs, 459. — Conclusion, 460.

Journal Article Import and Export Prices in the United States and the Terms of International Trade, 1880–1914 Get access T. J. Kreps T. J. Kreps Search for other works by this author on: Oxford Academic Google Scholar The Quarterly Journal of Economics, Volume 40, Issue 4, August 1926, Pages 708–720, https://doi.org/10.2307/1884462 Published: 01 August 1926