Show BANK or OF rANC FRANCE RESERVES GRO GROIn GROW In Us its Is report for the year 1921 12 the tha Bank of ot Franco France pre presents figures showing that It was wan In Instrumental In securing over bil bilhon billion bilon bi- bi bil- bil lion hon lon francs franca in subscriptions Including re renewals renewals re- re for French Trench government issues during durIng durIns dur dur- ing Ins the World orld war wan war period and up to th the end of ot 1921 1321 Its It It banking operations for tor that year amounted to million milon francs of which millions million represented transactions In the department of the Seine which Includes the city of Paris During the year the bank Increased Us its Is gold reserves reserve es twenty four million milon francs and Its Is silver re reserve er e thirteen millions million the total metallic reserves on December 24 1921 amounting to million francs franca Its It Is assets aboard were also aisO Increased by six and a a half halt million francs Advices re received received re- re by Bankers Banker Trust company of New NewYork NewYork NewYork York from Its ls French Information service Indicate that the amount of ot paper discounted discount discount- ed cC by the bank during luring 1921 reached a 1 total of francs and nd loans against against securities amounted to francs During the war the bank advanced twentysix twentysix six ty-six billion francs to the government which Is now being repaid at the ra rate e of ot two billions per pCr year The Tho 10 PanIc Bank of ot Frances France's report emphasizes that the tit reduced production and exchange and the temporary of ot stocks momentarily weighed very vey heavily beavly on the finances ot of many enterprises It was the banks bank's duty to help the tho business world through this crisis and the bank banI did not fall fail rai to do its it Is duty No matten matter matter mat mat- ter ten how Intense the crisis became the bank continued by discounting and rediscountIng rediscount rediscount- lag ing paper to meet all al demands for legitimate legIt legIt- mate Ing amounts of credit Tile The Bank BInk of ot Franco Craned associated itself Itsel with wih the the other large Franc private rha te credit establishments In all aU efforts eUort made by t these tse se latter later to prevent n e serious B collapse of the market |