The Archive · 1921

London-Paris Cross Rate

Paris, Jan. 17.

According to the ""Zntransigeant," the agents for British cotton goods, with a view to inducing French merchants to buy their wares, have proposed to accept payments in cash at the rate of Frs. 40 to the pound sterling. A ike indication of an impending fall in the exchange rate is to be seen, adds the '"Tntrensigeant," in a recent sale to an English house by a_ firm of French motor-car manufacturers, in which the rate was reckoned at Frs. 35 to the pound.—French wireless through Reuter.

Text read from the printed page and cleaned; old type leaves the occasional error.

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