9th March 1924
Paris: The French franc is falling; £1 is worth 117 francs. The French Cabinet held an emergency meeting to consider extraordinary measures to stabilize the collapsing franc, which dropped to 117.60 francs against the British pound sterling.
Ship Losses:
Eupatoria (Germany) The cargo ship ran aground on the Salmedina Bank, off the coast of Colombia. She was refloated on 17 March.
Sori (Italy) The cargo ship ran aground at Port Eads, Louisiana, United States. She was refloated on 12 March.