The Archive · 1932

Loan Conversion by France

Parts, The great success of the French Conversion Loan. la "demonstrated puitleation to-day of fina! re-surs, showing that the holders of /3,000,900,000 franc's worth of old stuck have adhered to the new Scheane thus leaving ely 4,500.00 ea" Zranc'e_worth for redemption, 'Nearly 5,000.000,000 franc's wor' of neve nvoney wene aubscibed 9 thi

$00,000,000. ax. 1.85.

daRAD ae FRS per ch ko tem involved.

The s3ecess of the operation was largely assured by private persons who here three-quarters of tie total entes py up by the conversion.

The French Conversion Loan was launched with interest. at 43. ber gent, land comprised 6 [por cent Rentes, 1915, 1916, 1928; 6 per cent. Rentes: 1920, 1927; 6 per cen'. Bonds, 1927; '7 per cent. Treasury

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

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