The Archive · 1939

Big Success Huge Sum Subscribed in First Morning

French War Loan Proves

Washington, May 15.

Financial and political quarters welcomed with great satisfaction today the overwhelming success of the 6,000,000,000 Franc French war loan, which was wholly subscribed a few hours after lists were opened this morning. The confidence manifested by the French people was shown on exchange markets by the better standing of the franc. These quarters emphasized, too, the economic and financial recovery in France, whose currency is now one of the safest of all in Europe.—Havas.

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

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