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Effects of the Argentine Revolution.

I British capital embarked m Argentine ventures may be estimated ab 200 millions. In the worst event practically possible, the land remaining m any case, while railways cannot well be nnnihi^eti, "|h c loss might reach half tfas,t jiunV Argentine Sterling C^QVer-hmeh't and Provincial lqftn# ftn^unf, to £43,620,000 nominal, the present market value of the bonds being about 35 millions. Cedulas are also held to the nominal value of probably over million dollars, valued at ? ,bolife seven millions sterling, Argen'tfiie Rajlw-w shares and honcfe^eaoh nearly &} millions nominal, the market value behi" 55 to GO million. Adding 15, to 20;: .millions f W uuenos Ayres port, drainage m d other miscellaneous . Arge^w tindertakings, and the securities held by trusts and not a,irea% t»keh into account, we get a total Britisli investm.cnJ known, to the London , Stock Exchange of upwards of 1Q& millions, at present prices. SncMsli capitalists are also intsr^ed' m pr^fvate land transac^tt&s, while, mercliants and o^e^A i\ve creditors of Argentine importers. The depreciation of the past few weeks has knocked fully 10 millions off the value of British investments' m Argentina, without countme Orucuav "Daily News," " S -y'

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https://paperspast.natlib.govt.nz/newspapers/AG18900924.2.9

Bibliographic details

Effects of the Argentine Revolution., Ashburton Guardian, Volume VII, Issue 2526, 24 September 1890

Word Count
194

Effects of the Argentine Revolution. Ashburton Guardian, Volume VII, Issue 2526, 24 September 1890

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