The Archive · 1926

New York Uneasy

Heavy Gambling Fatlowing Reports] from Paris New York, July 21.

Remembering the débiele ut the German mark, speetulators on Wall Street were uneasy this morning. regarding the continued plunging in the franc, although' the latter sue rallied on strong buying support.

Cables from Paris that Frenchmen are eagerly changing francs into American securities have been a further unsettling clement, with the result that the' stock market, which had been strong for some weeks, became hesitant, as traders 4 watching attitude to see ther the new French administra-would be able to improve the situation.

'A. sensational rumour that the Banque de France miger be foreed to suspend payments to-morrow on account of its note circulation having renched its legal maximum caused a sharp break in the stock market toulay towards the close. Scores of prices broke two to mizht points and the French frane list half its earlier gain of 20 points,

afternoon and was supported. The ramuve persisted the wrote faving eaillines tu tome. ct the evening papers. Hespatch from Pa the rare tion of 2 De lly a press explained that, to misinterpreta-

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