The Archive · 1940

China Increases Holdings

Washington, Apr. 29.

China increased her short term securities balance in the United States at the end of, January, 1940, by U.S$176,000, but Japan had an unchanged net balance of U.S.$57,969,000, Mr. Henry Morgenthau, Secretary of the Treasury, announced today.

Asiatic investment balances in the United States at the end of January increased over the preceding month. He added that Asiatic countries bought U.S$1,677,000 net worth of United States securities during January as compared to the net sale by America of U.S$2,235,000 in the preceding month.—United Press.

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

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