Iron County Record | 1903-01-09 | Page 2 | A Financial Panic in Caracas

Type issue
Date 1903-01-09
Paper Iron County Record
Language eng
City Cedar City
County Iron
Rights No Copyright - United States (NoC-US)
Publisher Digitized by J. Willard Marriott Library, University of Utah
ARK ark:/87278/s67h2gpc
Reference URL https://newspapers.lib.utah.edu/ark:/87278/s67h2gpc

Page Metadata

Article Title A Financial Panic in Caracas
Type article
Date 1903-01-09
Paper Iron County Record
Language eng
City Cedar City
County Iron
Page 2
OCR Text A Financial Panic in Caracas. There was a financial panic at Caracas Ca-racas Saturday afternoon. A largo number of small traders and private depositors wont together to tho office of tho Bank of Venezuela fcr tho pur-poso pur-poso of exchanging tho bank's notes for Bllvor. Tho bank refused to ox-chango ox-chango moro than $2 worth of notes .for any ono person, and at 4 o'clock closed tho doors. Tho panic continued. Bills Issued by tho bank aro now soiling soil-ing for 80 por cent of their fato valuo. Tho leading firms of Caracas, notwithstanding notwith-standing tho present situation, havo not presented notes for redemption, ns they aro all Interested In supporting support-ing tho bank.
Reference URL https://newspapers.lib.utah.edu/ark:/87278/s67h2gpc/4148376