FOREIGN CAPITAL
INFLUX INTO U.S.A.
GREATEST SINCE WORLD WAR.
(United Press Association —By Electric Telegraph—Copyright),
(Received this day at 10.30 a.m.)
NEW YORK, Nov. 8
The rush of foreign capital into American security markets after Roosevelt’s triumph has called attention that 1 foreigners’ investments her are .piohhbly the largest since the world; war:
It is estimated foreigners’ long term investments are 5,,700,000,000 dollars and short term balances 1,300,000,000 totalling 7,000,000,000. (\ , ? Economists and bankers believe that that American markets have cansea greater European capital withdrawal than at any time since the war’s outbreak in 1914, when foreign liquidations caused the suspension of exchange operations. However, most indications point to the continuation of the influx.
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Hokitika Guardian, 9 November 1936, Page 5
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113FOREIGN CAPITAL Hokitika Guardian, 9 November 1936, Page 5
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