THE FRENCH FRANC.
(By Telegraph—Press Assn.—Copyright.) (Received September 11, 10 a.m.) LONDON, September 10. Sterling exchange on Paris, 140 1-8 francs to £1.
The rate on September 9 was 133 5-32.
Booth, Macdonald, and Co., Ltd.. Christchurch, reporting for the period of 18 months to June 30, 1937, show a trading profit for the period of £79,361, against £37,807 for the previous year; net profit rose from £348 to £9036. Stocks show a rise of £19,722. The profit has been used to reduce deficit in the profit and loss account : which now stands at £44,547. Capital is £186,519 and mortgage debentures :are, £108,200.
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Bibliographic details
Evening Post, Volume CXXIV, Issue 63, 11 September 1937, Page 12
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103THE FRENCH FRANC. Evening Post, Volume CXXIV, Issue 63, 11 September 1937, Page 12
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