The Archive · 1938

Paris Bourse Weekly Review

Paris, Mar. 6.

A most disappointing week on the Paris Bourse ended to-day, the seven day period being characterized by a steady drop in most counters, On Thursday alone did the market steady up slightly, only to decline again during the following sessions.

The uneasiness of the market was due to the unsettled international situation, and the fact that most traders are concerned by the financial and economic position of the country. The weakness of foreign stock exchanges also influenced the Dourse here. The London exchange taking an extremely bearish view of the large national defence expenditures.

Generally speaking, the announcements of the heavy national defence budgets in various countries affected the world's markets.

Rentes ended the week with losses ranging from Frs. 0.35 to Frs. 0.95, while most other French issues also showed more or less heavy declines.

Internationals were most hard hit, with Suez dropping Frs. 100, De Beers Frs. 181, Rio Tinto Frs. 90 and Royal Dutch slipping Frs. 83—Havas,

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

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