"c           VAR 0047      13039 PAR OPE 3R 876-939               MD= 1E-37   "
"c           REF 0047         LOC  384 WIDTH  9             DK   6 COL 71-79  "
"c                                                 EXP DEC=  2                "
"c                                                                            "
"c              EXCESS OF PARIS OPEN MARKET DISCOUNT RATE OVER BERLIN OPEN    "
"c              MARKET DISCOUNT RATE                                          "
"c              ----------------------------------------------------------    "
"c                                                                            "
"c              NBER SERIES:  13039                                           "
"c              AREA COVERED:  FRANCE/GERMANY                                 "
"c              UNITS:  PERCENT                                               "
"c              ANNUAL COVERAGE:  NONE                                        "
"c              QUARTERLY COVERAGE:  NONE                                     "
"c              MONTHLY COVERAGE:  01/1876-07/1914; 01/1925-07/1939           "
"c              SEASONAL ADJUSTMENT:  NONE                                    "
"c              SOURCE:  COMPUTED BY NBER BY SUBTRACTING SERIES 13018         "
"c              (BERLIN OPEN MARKET DISCOUNT RATE) FROM SERIES 13017 (PARIS   "
"c              OPEN MARKET DISCOUNT RATE); BERLIN DATA ARE FROM DIE          "
"c              REICHSBANK AND STATISTICHES JAHRBUCH FUR DAS DEUTSCHE REICH;  "
"c              PARIS DATA ARE FROM THE ECONOMIST AND THE NATIONAL MONETARY   "
"c              COMMISSION.                                                   "
"c                                                                            "
"c              CHECKED MANUALLY; NO CORRECTIONS NECESSARY.                   "
"c                                                                            "