Correct answer is... 290 km/h. It is equal to 156 kn or 180 mph. It is higher value then max speed of other aircrafts of a similar size. Average is about 256 km/h (138 kn or 159 mph).
The maximum speed most frequently is a term for so-called never exceed speed. Above this speed, the Bellanca 31-40 can suffer considerable damage. There are also three other types of speed that can be called "maximum speed": Vno (normal operation speed) is the maximum allowable speed of normal operation, Vb (design speed for maximum gust intensity) is the maximum speed in rough air, and Va (design maneuvering speed) is the maximum speed at which the rudders can be maximally deflected.
Disclaimer: Our articles and data connected to max speed of Bellanca 31-40 are based on public data from various sources. We are very picky to select an reliable data providers, but we cannot guarantee that everything is 100% error-proof. We recommend for any serious purpose - as a rule of thumb - to request offical data about max speed from manufacturer of Bellanca 31-40.