FINANCIAL OUTLOOK.
A CRISIS IN CHILI.
BANK SUSPENDS PAYMENT.
By Telegraph.— Association.—Copyright. London, November iu. Beuter's correspondent at Santiago reports that a serious financial situation has arisen in Chili, owing to the unprecedented fall in the rate of exchange. One bank has suspended payment, and three others have transferred themselves to the Bank of Chili.
QUID PRO QUO.
FRANCE AND AMERICA.
(Received November 21, 11 p.m.)
Paris, November 21.
It is persistently reported that the Bank of France is watching Mr. Cortelyou's measures for affording financial relief and might co-operate with financial institutions in Paris to extend assistance to Mr. Cortelyou if impelled by the French Government, in order to secure tariff concessions on French goods. (Received November 21, 11 pmi.j London, November 21. The Times says that it is believed by. leading financiers that there is some basis for the report that some arrangement between France and the United States has been diplomatically discussed.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/NZH19071122.2.42
Bibliographic details
New Zealand Herald, Volume XLIV, Issue 13602, 22 November 1907, Page 5
Word Count
155FINANCIAL OUTLOOK. New Zealand Herald, Volume XLIV, Issue 13602, 22 November 1907, Page 5
Using This Item
NZME is the copyright owner for the New Zealand Herald. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons New Zealand BY-NC-SA licence . This newspaper is not available for commercial use without the consent of NZME. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Acknowledgements
This newspaper was digitised in partnership with Auckland Libraries and NZME.
Log in