The first two weeks of December this year have seen an unusual number of large financial settlements in the Manhattan money market. Subscribers to the recent French loan have paid the remaining and greatest part of its cash amount of $94,000,000. On Dec. 15, the British Government paid ยง68,500,000 in interest and $23,000,000 in amortization on its War debt to the U. S. In both transactions, J. P. Morgan & Co., as fiscal agents for Great Britain and France in this country, were immediately concerned.
In addition,...
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