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Show LESS INTEREST CASH WILL BE SENT ABROAD NEW YOTUC. Kept. 2-1. fu'thcr increase of $S07.SS 1 .iliiii in the amount of American railroad securities abroad absorbed by American financial interests inter-ests and individual investors between Julv 31. lfllS, and .Inly .11. 1!H(1, is shown in the latest compilation pre-j pared by L. F. Loree, president of the Delaware & Hudson .ompany. I Dala collected by Mr. Loree from IOji . i railroads whose securities were held in part abroad fixes the total par value of these stocks, bonds, notes, car trust and receivers' certificates so held iu July, 1915, at $2,704,402,364. Six months later the total had fallen to $2,-22o,50,229, $2,-22o,50,229, and the compilation of July 31 last discloses an additional reduction to $1,415.62S.563. From January 31, 1915, to July 31, 1916, the total" amount (par value) of these securities held abroad was reduced by no less than $1,288,773,S02. "These figures, according to Mr. Lorec, form an accurate measure of the " foreign for-eign liquidation'' which so long hung over this market, and indicate the pressing press-ing needs of tlie financial institutions, corporations and individuals in tho various va-rious countries of the enteutc allies. A final report will be submitted by Mr. Loree early in 1917, which probably will embody niore definite data dealing with various American securities payable pay-able in pounds ot francs. Large amounts of such securities already have been received re-ceived here, and in several instances they have been retired or changed to make them negotiable in the American dollar. i |