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THE PORTUGUESE CRISIS.

THE SITUATION IMPROVING.

[VSR PRBBB ASSOCIATION.] Received May llth. 10.10 a.m.

Lisbon, May 13,

Stocks have collapsed. The London and Paris Banks are refusing to cash notes issued by the Portuguese Banks. A revolution is looked upon as the probable outcome of the crisis, though it is doubtful whether the revolutionists would succeed in bringing about a better state of things. Received May 15th, 12.30 _.__. Lisbon, May 14.

The financial situation is improving, and the Government has authorised the issue of bank notes of 1000 aud 500 reis.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/CHP18910515.2.30

Bibliographic details

Press, Volume XLVIII, Issue 7864, 15 May 1891, Page 5

Word Count
91

THE PORTUGUESE CRISIS. Press, Volume XLVIII, Issue 7864, 15 May 1891, Page 5

THE PORTUGUESE CRISIS. Press, Volume XLVIII, Issue 7864, 15 May 1891, Page 5