Show PARISIAN SEES DOllAR DANGER Writer Thinks Banks Protected Protect Protect- ed at Risk of Money Bourse Booms PARIS Feb 12 The Ri-The Pj The American dollar dropped on the Paris exchange today from rom yesterdays yesterday's quotation o ot of 2540 francs to 2535 American bankers bankers bankers bank bank- ers announced Emphasizing that the drop had n no relation to the Glass banking banking bank bank- ing tag bill introduced in the American America congress yesterday American circles circle explained that the drop was attributable attributable attrib attrib- to a change in minting charges They said the Bank of France had hac hadi L increased the gold minting charge i from 22 francs per kilo to 44 francs per kilo operative on February 1 15 The bourse bout opened strong this thi morning following Wall Street yesterday yesterday yesterday yes yes- and as a further effect of th the American credit extension plan French financial experts said this thi 5 afternoon that the success or failure of ot the new American plan depends upon the Americans themselves The They r seemed agreed that the result would woul be beneficial if Americans show confidence con con- in their own country and puan pu put put an end to hoarding The prevailing view in France i is that the United States will com come through because of its inherent energy energy energy en en- ergy and courage The financial writer In the Paris Pari Midi said the congressional proposal modifies the status of the dollar an and European creditors may be tempt tempt- tempted cd ed to withdraw their dollar holdings holding The United States he wrote has ha decided to place additional funds a athe at atthe atthe the disposal of ot banks in peril buthis but bu this substitutes a peril to the dollar dolla for the peril to the banks PARIS Feb 1 12 2 UP Principal UP-Principal shares skyrocketed on the Paris Pari bourse today as ns traders excitedly sought to cover short sales Only French bonds were hesitant Economically there was no reason for the rise other than the stimulation stimulation tion lion of the New York market Th The ministry of labors labor's weekly report showed a vast increase of unemployment ment the figures bein being on the dole in the nation in Paris Pari and In the Seine department The figures last week were I and respectively i |