HC Deb 20 March 1922 vol 152 c10
9. Mr. HANNON

asked the President of the Board of Trade, whether the current exchange with Germany on 13th March, 1922, was 1,120 to 1,145 marks to the £ sterling; whether he can state the number of marks required to purchase in Germany the same volume of commodities as could be purchased by the £ sterling in Great Britain; and whether the Board of Trade will publish in its "Journal" each month in future, a statement showing the internal and external values of the German mark?

Mr. BALDWIN

The range of quotations on 13th March, 1922, for exchange between Berlin and London, as stated in the "Times," was as given in the first part of the question. With reference to the second part of the question, the answer would probably vary considerably with the choice of commodities selected for the comparison proposed, but I am having circulated with the OFFICIAL REPORT, in reply to the hon. Member's last question, index numbers of wholesale prices in Germany, which convey a general idea of the position. I will have these index numbers published periodically in the "Board of Trade Journal."