PURCHASING POWER OF MONEY.

Colonist, Volume LX, Issue 14865, 12 September 1918, Page 7

PURCHASING POWER OF MONEY.

The value of the sovereign, or ratbcipound note, for sovereigns are scarce nowadays, is gradually decreasing, and the following table shows the amounts required to purchase in the towns mentioned in the Jiyie quarters of 1917 and 1918 what would have cost twenty shilling in the. average-of--the'four centres in^iaOO-13. Tho figures apply to the food groups :—

. June q 1917. s,d. '<: Auckland 27 .% ■'■:■ Wellington 27 10; £■ Christehuvclr ...... 26 8i '$. Dunedin ' 26 \\ '< Whanp;arei 28 1] t Hamilton. ............ 27 . 3} :-- Rotorua > 28 10J i-- Waihi - ft..... 28 51 £. GLsborne 2S 3^ =: Napier ■....-.... 28 6;) =. Daimevirke ......... 27 83 = Now Plymouth 27- -U B Wanganui 28 OS £ Taibape 29 41 £■ Palmerston North...- 28 2 £• Masterton . -.. 27-11 H: Blenheim — 27 0| E Nelson ............ 26 . 1% H -Giwymo^th .../.... 27 10 S. Ashhurton 26 6J § Timaru ............. 26 3 £ Oamaru ............ 4^ •■ 28 0^ § Gore. .,..:.:......... 27 8 |j: Invercargill . «•■ " jr. Juno ( 101f s. t !i 30 '3 30 f 28 -?.• 29 ! 30 J * 29 £' 31 ■J 30 a -30: J 29 J- 281 | 29 J- HI 29 29 1 I- 29 ?. 99 , 29 I 1 29 28 I 29 | 30 1 30 30