The Archive · 1928

FRENCH BANKNOTE ISSUE

Statement Showing Amount of Paper Currency in Circulation Paris, Apr. 6.

The note circulation of the Bank of France, in the return issued yesterday,' for this frst. time Seeded "Tr. 60,000,000,000, being given us Fr. 60.03,000,000.

"Lo Matin" observes that the leet Bimit fixing the maximum issue Fr. 83,500,000.000 hax in no. way deen broken for the lay of August 17, 1026, authorized the Bank of France to tniuo beyond this figure all notes required by buying appre-elated moneys. Since then Frames has accumulated a sock of dollars find sterling estimated ut round Fr '80,000,000,000,. "Lo Matin" adds that furthermore, the increase. in the note circulation explains. islet the increased requirements of trade and industry at the end of the first quarter of the year, which

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

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