The Archive · 1928

No Panic on the Bourse

Though there was no panic on *he Bourse (Stock Exchange) to-day, the market reacted violently on the news of the Cabinet's resignation French Rentes, Banque de France stocks und other Fret edged securities fell heavy foreign stocks were considerably stronger, There was a slight improvement at the close of th" market, underveriters reflecting thi the fail of the Poincaré Cab does not necessarily indicate a discontinuance of M. Poincaré's pli Nov.

The general belief here is that President Doumergue will finally apply to M, Poincaré to form a new Cabinet. If the latter should decline, it seems that M. Barthou, Minister of Justice in' the late Cabinet, or M. Briand, Minister of Foreign Affairs, will be appointed.

nis not expected before —Reuter.

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

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