New York, Oct. 30.
The prediction made by M. Georges Bonnet, the French Finance Minister, of imminent large shipments of gold from America to France is not regarded here as significant.
At the Radical-Socialist Congress held at Lille last Friday, M. Georges Bonnet stated that the Bank of France had recovered a promising stock of metals during the past few months, and that sinking fund operations were continuing to such an extent that, by the end of the year, the public debt would be reduced by 4,000,000,000 francs.
Such shipments of gold, the opinion is held, represent the proceeds in dollars, which the French Stabiusation Fund had acquired during the recent period of strength of the franc in relation to the dollar—
Reuter.
Text read from the printed page and cleaned; old type leaves the occasional error.