The Archive · 1937

French Budget to Show Deficit

Paris, Dec. 2, The French Budget shows slightly higher estimates following a final examination by the Finance Committee of the Chamber of Deputies.

Srhal Kedah Plantattons, 14a, We have been advised by Messrs. 'A. R, Burkill & Sons, Ltd, Secre-{aries of the Shanghat Kedah Plantations, Ltd That, the profit for the mmounte" sponges MS21479

Revenue is now estimated at Frs. 4,251.000.000 and expenditure Frs. 52,691,000.000 but bonuses civil servants "and pensioners. not included in the expenditure, will result in a net deflect of Fra, 1.700,-

The new Internal State Loan to be announced to-day, it has been official-confirmed, will take the form of Treasury Bonds bearing per cent. Interest, redeemable in three, six and nine years. The issue price is under~ stood to be Frs. 995 per Frs. 1,000 snd the Joan will be about two francs. It is being floated to assist repayment of the £40,000.000 British Loan to the French railways, Reuter.

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

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