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KRONER SLUMP

DRAMATIC SUDDENNESS.

AUSTRIAN DISORDER FEARED,

COSTLY FOODSTUFFS.

9.30 a.m.)

LONDON, Jan. 2G,

The Austrian kroner has coillapsod. It is quoted at 4380 to the pound .sterling. It Wfis 14,000 to the pound sterling yesterday. The collapse means an immense increase in the prices of foodstuffs in Austria. It is feared thait the result will (be diso:/Tcrs and riots. There is also danger of a political collapse. London official financial circles regard the situation as exceedingly grave. —A. and N.Z.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/NA19220127.2.29

Bibliographic details

Northern Advocate, 27 January 1922, Page 5

Word Count
81

KRONER SLUMP Northern Advocate, 27 January 1922, Page 5

KRONER SLUMP Northern Advocate, 27 January 1922, Page 5

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