Washington, June 30.
The net outflow of capital from the United States during the first quarter amounted to $203,000,000, compared with $517,000,000 for the fourth quarter of last year, according to a report issued by the United States Treasury today.
The outflow of capital dueíto the outflow of short-term funds, totalled $233,000,000, as against $600,000,000 for the last quarter of the previous year, while this was partly offset by a net gain of $24,000,000 from securities transactions together with $7,000,000 from brokerage balances.
Foreign sales of American securities exceeded purchases by $12,000,000, while American purchases of foreign securities were $35,000,000 over sales—Reuter.
Text read from the printed page and cleaned; old type leaves the occasional error.