The Archive · 1939

S. Absorbs Fugitive European Capital

Washington, Mar. 27.

Treasury Department statistics eased today indicated that the movement of capital between the United Stites and foreign countries during 19M ended In favour of the former to the extent of $00,902,000, which entered the country in the form of Security transactions, bank deposits, and brokerage operations.

1935. foreign Durin securities Ph $48,095,000 were purchased by foreign holders, while Americans ought foreign securities, the operation concluding in favour of the United States to a value of $26,750,000.

South American and Far Eastern ries, during 1998, deposited United States banks, these amounting respectively to $18,005,000 and $77,082,000.

'The hullo of foreign' capital sent to the United States in 1928 came from European countries, although it was considerably lower than in preceding years, totalling $388,035,000, compared with '$601,727,000 in 1937, $250,724,000 in 1036, and "$1,200,598,000 in '1935.—

Havas, Turnover: 195,000 Pesos, Shares Index. (Closing price Roosevelt Devaluation

Text read from the printed page and cleaned; old type leaves the occasional error.

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