1 FRANC 40 JM TO DOLLAR
New Low Marti, Attributed to Bank
Statement In Paris
PARIS, July 15 OP).—The French
franc, which long has been dropping,
today reached a new low record, being
officially at the closing of the Bourse
at 40.1 t to the dollar and 11740 to
the pound.
Today's slump was attributed to the
sudden realization by financiers that
the last rtatement of the Bank of
Franc* revealed that there were only
10.000,000 francs loft for advances to
the state, unless the present legal
limit be broken. f
The Bank of Franco's weekly state
ment shows that the state borrowed
another 100,000.000 francs in addition
to the 110,000,000 borrowed lest week.
In view of Finance Minister CMllaux’s
previous statement In the Chamber of
Deputies that the state was within
100,000,000 francs of the legal limit of
tbs bank's advances, the nairww mar
gin still available had a depressing
effect.
SHOT FATAL TOWOMAN.,
Man Held in Case Bays Bullet Not
% Intended for SCdr,'
Mrllle Bteidman, colored. 17 years
old, til Fourth strait died afc Freed,
men’s Hospital yesterday afternoon as
a result of a bullet would received
Sunday night during a roW at 11*1
First street.
