Milreis Sentence Examples

There were also six lines of river steamers receiving subsidies from the national government in 1904, and the aggregate paid to these and the coastwise lines was 2,830,061 milreis.

Although the postal rates are high, the service is not self-sustaining, the receipts for 1904 being 7, 01 8,344 milreis, against a total expenditure of 10,099,545 milreis.

The exportation for 1906 was 69,761,123 lb of Hevea, 5,871,968 lb of manicoba, and 1,440,131 lb of mangabeira rubber, the whole valued at 12 4,9 1,433 milreis gold.

The export in 1906 amounted to 127,417,950 lb, officially valued at 16,502,881 milreis gold.

To illustrate the comparative productiveness and relationship of these sources of national wealth and industry, the following official returns of export for the years 1905 and 1906 are arranged in the four general classes previously discussed, the values being in Brazilian gold milreis, worth 2s.

The president receives a salary of 120,000 milreis and the vice-president of 36,000 milreis.

The depreciation and unstable character of the paper currency render it difficult to give a clear statement of receipts and expenditures for a term of years, the sterling equivalents often showing a decrease, through a fall in the value of the milreis, where there has been an actual increase in currency returns.

These deficits were common enough under the monarchy, but they have become still more prominent under the republic. According to the " Retrospecto Commercial " for 1906 of the Jornal do Commercio (Rio de Janeiro, March 5, 1907), the aggregate deficits for the eleven years 1891 to 1904 were 692,000,000 milreis, or, say, £43,250,000.

The purpose of this condition was in order to improve the value of the paper milreis in order to increase the specie value of the revenues.

The government even withdrew more of its currency issues than required by the agreement, and the value of the milreis steadily improved.

It is modelled after the Argentine Conversion office, and is authorized to issue notes to bearer against deposits of gold at the rate of 15 pence per milreis although exchange was above 17d.

The notes are to be redeemable in gold at £ 26,478,500 3,388,100 7,331,600 8,613,717 1 5,4 6 7, 01 5 16 8,500,000 Milreis 483,546,600.20, 54 8,000.3 7,082,000 17,300,000 Milreis 66 4, 792,960 246,812,407 34,296,950 945,902,317 sight, the Caixa de, Conversao to keep the gold paid in for that express purpose.

The coffee producers of Sao Paulo and other states found that the appreciation in value of the milreis was reducing their profits, and they advocated this measure (at first with a valuation of 12d.) to check the upward movement in exchange.

Metallic money is limited to nickel and bronze coins, but in 1906 the government was authorized to purchase bar silver for the coinage of pieces of the denomination of two milreis, one milreis and 500 reis (2-milreis).

Gold is the nominal standard of value, the monetary unit being the gold milreis worth 2s.

The total exports for 1905 were officially valued at 62,572,033 milreis gold, or a little over one-sixth the exportation of the whole country.

The milreis fluctuates widely in value, the balance of exchange being usually adverse to Portugal; for the purposes of this article the milreis has been taken at par.

Peers, naturalized foreigners and certain employees of the state were unable to sit in the House of Commons; members were required to be graduates of one of the highest, secondary or professional schools, or to possess an income of not less than 400 milreis (88).

All members might, in connexion with their official duties, travel free on railways and ships owned by the state; but since 1892 none had received any salary except the colonial members, who were paid loo milreis (£22) per month during the session, and So milreis (III) per month during the remainder of the year.

The revenues and expenditures have since then been calculated in gold and currency together, to the complete mystification of the average citizen, and the gold percentage of the duties on imports has been increased to 35 and 50% (in 1907), the higher rate to apply to specified articles and rule when exchange on London is above 14 pence per milreis, and the lower when it is below.