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Show r Kr In mlti IJIItJLjD vli liatlsiU B Millions of Dollars Do Not Check the Decline in Exchange. CREDIT NOT SUFFICIENT Totals Only a Small Fraction of Amount Due American Ameri-can Houses. New York, Aug. 25. French money today was worth less today than yesterday yes-terday In foreign exchange markets, notwithstanding the establishment here of a $20,000,000 credit loan to the French government, nnnounced after the close of the market yesterday. yester-day. Two factors, it was said, made this so' The establishment of the loan had already been discounted, having been In negotiation for two months; and the sum loaned was too small aYrac-tlon aYrac-tlon or tho total amount due for American supplies to the warring nations na-tions of Europe to bring about anything any-thing approaching an equilibrium of rutes. , , L Tho rnlo on francs was quoted to- 4 day at 5.S8. Yesterday a dollar purchased pur-chased 5.82 francs. Sterling was heading downward today at 4.G5 3-8; lires were up a cent at 6.44, and German Ger-man reichiharks, which have remained remain-ed stationary at or around 81 during the recent slump, fffaYJe'-a new -low record. They dropped "Mo 80 1-8. These figures, it was asserted, represented repre-sented little more than quotations, as hardly any dealings were recorded oo |