APPENDIX
Table IV
Paris Rates of Interest and Wholesale Price Index, 1872-1914
Year
Interest
Rates
Wholesale
Price
Index
(1913 = 100)
Year
Interest
Rates
Wholesale
Price
Index
(1913 * 100)
Market
Bank
Market
Bank
1900
3.2
3.3
86
1901
2.5
3.0
82
1872
4.2
5.1
125
1902
2.4
3.0
81
1873
5.0
5.2
125
1903
2.8
3.0
83
1874
4.0
4.3
114
1904
2.2
3.0
81
1875
3.2
4.0
112
1905
2.1
3.0
85
1876
2.3
3.4
112
1906
2.7
3.0
90
1877
1.8
2.3
113
1907
3.4
3.5
94
1878
2.0
2.2
104
1908
2.1
3.1
87
1879
2.2
2.6
101
1909
1.7
3.0
87
1880
2.5
2.8
104
1910
3.0
3.0
93
1881
3.7
3.9
101
1911
2.4
3.1
98
1882
3.4
3.8
99
1912
3.1
3.3
102
1883
2.6
3.1
87
1913
3.9
4.0
100
1884
2.4
3.0
87
1914
3.0
4.1
102
1885
2.5
3.0
86
1886
2.2
3.0
82
1887
2.4
3.0
80
1888
2.8
3.3
83
1889
2.6
3.1
86
1890
2.6
3.0
86
1891
2.6
3.0
85
1892
1.8
2.7
82
1893
2.2
2.5
81
1894
1.8
2.5
75
1895
1.6
2.1
74
1896
1.8
2.0
71
1897
1.8
2.0
72
1898
2.1
2.2
74
1899
3.0
3.1
80
Sources:
The market rates of interest:
Report of the Royal Commission on Depression of Trade, 1886, p. 373; computed fromThe Economist, Commercial History and Review, Supplement, published annually.The bank rates of interest:
Report of the Royal Commission on Depression of Trade, 1886, p 373; computed fromThe Economist , Commercial History and Review, Supplement, published annually.Wholesale Price Index (1913 = 100):
Statistique G6n6rale de la France on base (1901-1910 = 100) converted to base(1913 = 100).
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