Paris, Oct. 2.
The financial position of France was found to be sound by the Cabinet which convened to-day to discuss the matter.
Therefore, they declared, there was no basis for the heaviness in francs on the exchange or speculation in the franc, Six resolutions providing measures to deal with the situation were announced. They follow: l Firm opposition to all foreign ex-principles involved im the 2. Continue the policy of peace in an a xt Camile Chautemps intervent in.
Minister-of State, to issue decrees auction through the fication of the forty-hour week laws.
Appeal to workers and employers io refrain from all illegal methods and manoeuvres in labour conflicts.
'Approval of M. Chautemps' proposals io tighten the surveillance of. for-
Cloth: Orders have been small owing to a lack of confidence jin the raw material, although many manufacturers were well engaged in the absence of new contract India bought small lines in bleachings, prints and fancies, Java and Sing-spore -were in materials and specialties, while scattered sales of coloured fabrics were reported to West Africa and finishings to South America. The Continent has done fair business in fine fabrics, while the Dominions gave moderate support. There was some price-testing noticeable from the home trade for standard makes.
Yarns: Spinners were holding firmly, A moderate turnover was done in Americans and Egyptians. A good deal of pressure was in evidence for early deliveries, Egyptians: The announcement that the Egyptian Governmnet is willing to make advances to farmers was construed rather bullishly, but had little material effect on prices.
Gizas: It was not found that the offtake for nears was adversely affected by expectations of a higher price level.
Sakel: Tenders have not yet the forthcoming cantonal elections which would destroy the execution of government unity pelletes United Press.
Text read from the printed page and cleaned; old type leaves the occasional error.