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32
Tableau XIV (fin). — Taux de I’escompte.
(b) fsiiHe) Taux de I’eseompte hors banque.
Table XIV (concluded). — Rates of discount,
(b) (continued) Market rates of discount.*
Period©
Period
1926.
1927.
1928.
1929.
1930.
1931.
Trlmestres —
Quarttrt
1929 I. .
II .
III .
IV .
1930 I. .
II .
Ill.
IV .
Mois — Months
1931 I. .
ii .
in.
IV .
V .
VI .
VII
VIII
IX .
X .
XI .
XII
1932 I. .
TchScoslovaquie
Czechoslovakia
Prague
Escompte priv6; effets k
3 mois et moins
Private discount;
3 months’ and shorter bill.®
Max.
Min.
I Moy.
! Aver.
5.875 5.25
5.25 4.75
4.9375 4.75
5.50
5.50
6.50
4.9375
4.875
5
5.50
4.75
4
4
4.75
4.75
4.875
5
.50
4
4
4
4
4
4
4
6.50
6.50
6.50
6
6
4
4
4
4
4
4
4
4
5
6.50
6.50
6
6
5.76
4.84
4.87
5.01
4.46
4.77
4.80
4.86
4.91
5.45
5.08
4.77
4
4
4
4
4
4
4
4
4.87
5.40
6.50
6.50
6
Hongrie — Hungary
Italie — Italy
Budap est | Milan
F.scompte hors banQue ; j Escompte priv6 ;
papier commercial
Jusqu'a 3 mois
parket discount;
commercial paper
up to 3 months
effets de commerce
4 mois
Private di scount;
cemmercial bills.
4 months
7 - 11.50
6.50 - 8.50
7.12 - 9
5.37 - 10.25
5.50 - 10
7.37
8.50
8.75
8.50
6.75
5.50
5.50
5.75
5.75
5.75
5.50
5.50
5.50
5.75
7.25
8.50
8
7.75
7.75
8.62
9.75
10.25
10.25
10
8.25
7.25
7.75
7.75
7.75
7.50
7
7
8
10.50
10.50
10.50
10
10
6 - 8.50
5 - 6.50
5.75 - 7
5 - 7
5 - 7.25
5.75 - 6.75
6.75
6.75 - 7
6.75 - 7
6.50 - 7
5.25 - 6.50
5.25 - 5.50
5 - 5.75
5.25 - 5.75
5.25 - 5.75
5.25 - 5.75
5 - 5.75
4.75 - 5.50
4.75 - 5.50
4.75 - 5.50
4.75 - 5.50
5.25 - 6.50
6 - 7.25
6 - 7.25
6 - 7.25
Taux de I’Association des banques privies
de Pologne; effets de 4-5 mois (a)
Rates of the Association of Polish private
banks; 4-5 months bills (a)
(1)
(c) 8
9
<b)
- 12
- 13
7.50 - 13
7.50 - 11
9
10
10
10
- 12
- 13
- 13
- 13
8 - 13
7.50 - 13
7.50 - 12
7.50 - 11
7.50 - 11
7.50-11
(2)
- 11
- 11
- 11
- 11
- 11
- 11
- 11
- 11
- 11
- 11
- 11
(b)
(c) 11.32
12.22
11 .46
10.95
11.44
12.44
12.49
12.49
12.43
11.76
10.91
10.74
10.80
10.80
11.83
10.80
10.80
10.80
10.80
10.90
10.90
11.00
11.00
11.00
11.00
Roumanie
Ruumania
Bucarest
Escompte
hors banque
Private discount
Yougoalavie
Y ugoslavia
Lyoublyana. Bel¬
grade, Zagreb
Taux d’escompte
privee moyen
Average private
discount
14 - 18
12 - 16
14 - 18
14 - 18
14 - 18
14 - 18
12-16
12 - 16
12 - 16
12 - 16
12 - 16
12 - 16
12 - 16
10 - 14
10 - 14
10 - 14
10 - 14
10 - 14
10 - 14
10 - 14
10 - 14
8
8
8
8
8
8.50
9
9
9.50
10
10
10
- 18
- 16
- 12
- 14
16
14
12
12
12
12
12
11
11
11
11
11
11
12
12.50
13
13.50
13.50
13.50
14
• Voir note page 518.
(1) Taux extremes. — (2) Moyenne des taux les plus frequents.
(a, Effets pouvant fitre r6escompt6s a la Banque de Pologne. - (5) I.es chiffres pour 1928 et 1929 se rapportent k la fin du trimestre. - (e) Fin Inin k Bn dCcembre.
• See note page 518.
(1) Range of rates. — (2) Average of most frequent rates.
(aj Bills which may be re-discounted at the Bank of Poland.
(6) Figures for 1928 and 1929 refer to the end of the quarter. — (c) End of June to end of December.
Tableau XV.
— Cours des Changes. Table XV. Exchange Rates.
1) Pourcentage du prix du dollar comparativement & son prix au pair.
(1) Percentage which cost of dollar is of its cost at par.
New-York sur : — New-York on
Pays
Country
Allemagne
Germany
Parity or
Go dPar ty
Moy.-Aver.
1921 .
1922 .
1923 .
1924 .
1925 .
1926 .
1927 .
1928 .
1929 .
1930 .
1931 .
4.20 Reichsmark
= 1 $
Argentine
1.04 peso
oro = 1 $
(a)
2.480.8
44 219.0
(b) 16.947.9
^161103,131.9
lOO.l]
100 1
100.2
99.8
100.1
99.9
100.8
Autriche
Austria
7.11 sch.
1 $
131 2
117 9
122 8
123 5
105.6
104.7
100.2
100.0
101.4
115.5
14-1.6
(<i)
12,322.8
208,892.8
1,447,328.6
1,447,328.6
(C) 100.1
100.0
100.0
100.0
100.1
99.9
100.3
Belgique
Belgium
1 $
7.19 belgas = l$
Boiivie
Bolivia
2.57 boliv. = 15
2.74 boliv. =
Brfeil
Brazil
Bulgarie
Bulgaria
3.08milreisp. = 1 $ 5.18 leva = 1
8.36 milreis = 1$ 138.43 leva = 1 $
fej
259.0
251.1
369.7
415.5
405.5
(c)572.2
99.9
99.8
99.9
99.7
99.8
<f>
tg) 170.4
150.2
122.4
131.2
115.3
114.2
113.2
(h) 101.4
100.6
100.3
99.7
(i)
243.4
250.5
317.2
296.5
266.0
224.7
101.1
99.9
101.3
111.7
170.2
1 Canad. $
= 1 U.S.A. $
<])
1.898.4
2,803.3
2.183.5
2.650.1
2.637.1
2.676.2
2,666.9
(c) 2,675.8
100.1
100.2
100.9
111.7
101.5
102.0
101.3
100.0
100.0
100.0
100.1
100.8
100.2
103.8
Chili
Chile
5.12 pes. p. =1$
8.2*2 pesos = 1 $
(D
(k)
164.7
159.9
159.5
185.2
171.6
100.7
100.8
100.2
100.9
100.7
100.8
Chine — China
Shangai
1 50 Sh. Tael
= 1 $ fm)
94.4
89.2
92.8
92.0
88.2
97.7
107.6
104.0
114.4
159.9
214.8
(a) Jusqu’a 1924, Mk. - (6) Milliards. - (e) Moyenne de dix mois. - (d) JusquA II 25, kronen. (1 schilling = 10.000 kr. papier). - <«> JusquA X/26, francs. (1 Belga -
5 francs papier). — (/) JusquA VI /28. ancienne parity (1 boliviano ancien = 1.07 boliv. nouveau.) - <y) Moyenne de neuf mois. - (h) Moyenne de six moia. - (i) Juequ
fin 1926, milreis papier. - (/) JusquA X /28, ancieune parity (1 lev anc = 26.71 leva nouv). - (1) JusquA VIII /25, pourcentage bas5 sur la moyenne du change des =lx prem.ers
mois de 1914 (19.53 cents = 1 peso papier). Depuis IX/25. nouvelle paritc (1 peso ancien = 3 pesos nouveaux). — (1) Moyenne de bait mois. — <m) Cours moyen da changede 1913
- 100.
10,000 paper kr). — (s) Until X /26, francs (1 Belga = 5 papir
(«) Until 1924, Mk. — (5) Milliards. — (c) Average of ten months. — (d) Until 11/25, kronen (1 Schilling
(f) Until VI/28, old parity (1 old boliviano = 1.07 new boliv.). — (») Average of nine months. — (A, Average of six month*. — (i) Until end 1926, paper mures.
. 26.71 new leva). — (ft) Until Vin/25, percentage based on average exchange rate of first six months of 1914 (19,63 cents - 1 paper peso).
3 new pesos). — (I) Average of eight months. — (ml Average rate of exchange for 1913 = 100
f rancs).
0) Until X/2S, old parity (1 old lev
Since IX.'25. new parity (1 old peso

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