Large Amount Handled Without Public Sale New York, Mar. 16.
The™ largest funding operation over undertaken in New York for a foreign Government without a public sale of a new issue was caried out to-day when Messrs. J. P.
Morgan & Ca., as the fiscal agents of the French Government, paid off $70,000,000, the balance of the! $100,000,000 French 8 per cent. Loan issued in 192
The transaction was financed by the sale of $76,000,000 of French 5 per cent, bonds to. the Swedish Match C5., $50,000,000 of which has veen taken over by the match con pany's Amcéican subsidiary pany, the International Match Cor-
Text read from the printed page and cleaned; old type leaves the occasional error.