FRENCH DECISIONS
3-45 P.M. EDITION
OFFICIALLY OFF GOLD. (United Press Association—By Electric Telegraph.—Copyright.) Received July 2, 12.50 p.m. PARIS, July 1. France, for the first time since 1928, officially vent off the gold standard to-day. The low rate reached by the franc caused some uneasiness in financial circles. The Bourse showed an expected rise in quotations but less exuberantly than after the devaluation of October- The rise in Government stocks is relatively small. ’
A decree will lie published to-mor-row imposing penalties on shopkeepers for unduly raising food prices. Railway fares are being increased by 15 per cent.
A great number of decrees will be issued after the rising of Parliament, probably at the week-end or early in next week.
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Bibliographic details
Manawatu Standard, Volume LVII, Issue 181, 2 July 1937, Page 2
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119FRENCH DECISIONS Manawatu Standard, Volume LVII, Issue 181, 2 July 1937, Page 2
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