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(231)
llbleau XIV. — Taux de Peseompte.
( Taux de Peseompte des Banques centrales.
— 223
Table XIV. — Rates of discount,
(a) Rates of discount of Central Banks.
'eriode
Period
; r. Aver.
1
IS )
1
IS'T
1!
ISP >
PIS;: End of:
IS V .
VI .
VII
VIII
IX .
X .
XI .
XII
191.1. .
II .
III .
IV .
V. .
Airique
du Sud
(Union)
South
Africa
(Union)
(a)
7.50
7.10
6
5.92
5.50
5.50
5.65
5.51
5.69
5.87
5.32
Alba¬
nia
Alba¬
nia
Alie-
magne
Ger¬
many
12
12
9.42
9
9
9
8.50
5
6.58
38.48
10
9.15
6.74
5.83
7
7.10
4.93
6.86
7
10
U 10
8
8
8
7
7
7
6
frj 5
5
Austral ie
Australia
08-6.08
92-7.08
-7
-7
-7
-7
-7
-7
-7
-7
6.29-7
6 -7
6.50-7
6.50-7
6.50-7
6.50-7
6.50-7
6.50-7
6.50-7
6.50-7
6.50-7
6.50-7
6.50-7
6.50-7
Autriche
Austria
5.92
7.67
9
11.57
10.86
7.50
6.34
6.27
7.37
5.75
7.21
5
07.50
10
10
10
10
8
8
Belgique
Belgium
5.17
4.71
5.50
5.50
5.70
7.06
5.41
4.25
4.35
2.96
2.50
2.50
2.50
2.50
2.50
2.50
2.50
2.50
2.50
3.50
3.50
3.50
3.50
3.50
Bulgarie
Bulgaria
Chili
Chile
6.50
6.50
6.70
9.42
10
10
10
9.96
9.50
10
9.05
9
8.50
8.50
8.50
9.50
9.50
9.50
9.50
9.50
9.50
9.50
9.50
8.50
7.83
7.10
6.40
6
6.41
7.36
9 (j)
9
9
8
7
6(k)
6
6
6
6
5.50
5.50
5.50
Dane-
mark
Den¬
mark
6.33
5.13
5.67
7
6.49
5.24
5
5
5.12
4.19
4.22
3.50
3.50
3.50
3.50
6 (l)
6
Dantzig
Danzig
Espagnei Estonie
Spain Estonia
ZGll.27
9.18
6.75
5.77
6.53
5.04
5.59
5
gno
7
6
5.67
5.12
5
5
5
5.02
5.50
5.73
6.24
6
6
6.50
6.50
6.50
6.50
6.50
6.50
6.50
6.50
6.50
6.50
6.50
8
8
8
8.88
10
9.52
8
7.50
7.62
7.76
6.83
7
7
7
7
6.50
6.50
6.50
6.50
5.50
5.50
5.50
5.50
5.50
Etats-Unis I
United States Uinlande
Finland
5.96
4.21
4.43
4.63
3.42
3.84
3.79
4.50
5.16
3.04
2.12
1.50
1.50
1.50
1.50
1.50
PJ3.50
3.50
3.50
3.50
3
3
3
3
4.54
4.49
4.14
3.81
3.99
3.85
4.42
4.94
3.82
3.09
2.81
2.81
2.81
2.81
2.81
3.54
3.58
3.58
3.58
3.46
3.46
3.46
3.46
9
8.79
8.30
9.18
8.24
7.50
6.87
6.26
7
6.49
6.25
6
6
6
6
6
8 (m
8
8
8
7
7
6.50
6.50
5.75
6.08
5
6.02
6.52
6.58
5.23
3.53
3.50
2.71
2.11
2.50
2.50
2.50
2.50
2.50
2.50
Or dee
Greece
6.50
6.50
7.50
7.50
8.66
10.48
10.43
9.62
9
9
9.89
Date du dernier changement : — Date of last change :
17/III I 14/1 I 16/V | 4/111- I 30/V I 24/XI ! 8/VII I 28/1
20; II
1932
Tam de la < Federal Reserve Bank > A Xew-York pour les effets de commerce de 60 A 90 jours. —• B. Taux moyens des « Federal Reserve Banks ■.
usquA fin 1922,. minimum advance rate* des banques commerciales. — (6) Moyenne de dix mois. — (c) ESets commerciaux A 90 jours et d’agriculture A 6 mois
iuJ15 octobre 9 %. — (n) Du 11 au 24 septembre 5 % ; du 25 au 27, 6 %. — (o) Du 21 au 24 septembre 5 % ; du 25 au 27, 6 %. — (p) Du 8 au 14 octobre.
Rat (ftDU 8 au 16 ootobre> 7 %■ — (r) Uu 8 au 26 avril 5.50%. — («) Du 9 au 16 mars, 4 %. — (() Depuis le 2 juin 4 %. — (u) Depuis le 8 juin 5.11 %.
„ 0 *’ederal Reserve Bank of New York for 60 to 90 days’commercial paper. — B. Federal Reserve Banks’average rate.
bil18 - (d) ■?ecamber 1922 " Minimum advance rate « of commercial banks. — (6) Average of ten months. — (e) 90 days’ commercial paper and 6 months’ agricultural
14th T 10 o/8 50 inorea8e for bills in marks in force from February 1923. — («) 60 days’ commercial-paper. Discount not normally rediscount rate. (/) From
From atT’ 6 ^ ' — i0) Fr0m 13th t0 16th ,Uly 6 % ’ from 17th to 27th July 7 % • — {h) From 23rd 40 29th Ju>y 3-50 % . — «) From 1st to 11th August 15 % .
. , 40 6111 May 8 %. — (1) From 5th to 25th October 6.50 %. — (J) From 5th to 20th September 4 % ; from 21st to 25th 6 %. — (m) From 1st to 11th October
to 23tl1 0cioDer 9 %• — (») From 11th to 24th September 5 % ; from 25th to 27th September 6 %. — Co) From 21st to 24th September 5 % :
•ih to 27th 6 %.
Hull, o/ “ 7o’ From 8th to 14th October 2.60 %. — igi From 8th to 16th October 7 %. — (r) From 8th to 26th April 5.50 % . — («) From 9th to 16th
(I) Since 2nd June 4 - “• -
(«) Since 8th June 5.11 %.

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