| Show LORD ROTHSCHILD ON AMERICAN FINANCES London June 11 Lord Rothschild wag wao Interviewed by b an Associated Press today on the financial situation In tn America It Is I no good to look hook further than your pur nose nOlle in these matters The This de lie depreciation depreciation In stock Eto k values alues Is not caused by b European selling for tor the tho very good reason r that has hu scarcely any American securities to cell seli Teeter Yester days sales eules In were almost most tn en n on Now New York ord orders Master Amster Amsterdam Am I dam sold Old slightly but not nearly ns as much as wits attributed to that city I by b the dispatches When Wh n an American merl v to sell hr hf has bas got gol Into the habit of ot sending his order here hofe and leaving it to the arbitrage e Iu There Is 11 ab lb absolutely no feeling of ot In Europe Kurop over aver the financial 11 conditions in Amer America ice ica Only a fool tool would say ray that the financiers hero here art are rf making what Mt you call a 11 dead deai set ret against American se so securities What do 1 I think of or the tho fu tu Well eli the an answer 1 I can give rh Is mc this and Lord h handed n a II stock ticket showing knowing that he lie list hall Just purchased W shares of ot nn an n American railway That of ot court course Is ii I only a 11 drop In tile the bucket but I may tf tell 11 you that one sf If the Ilir wealthiest capi calli capitalists hila Is I know kno yesterday invested Invest In American UK lie untie and he hI hIu ho u put another Into th them m again fI n this morning That sounds Munds large but It Is II nothing with the th selling orders which coons file from New i York Yok At such periods as nil this the tho transaction trall lIon of even Hen the large lorge Investors bar har A small affect t on the market In which speculators figure to so largely Lord Lard explanation of ot the thi th serious shrinkage 1 In Iri values Is I Li went Into strict railway Yerkes came over hero to tile the underground Morgan bought Brit lint British ish lelu securIties and I J am told Schwab b w went nt In largely for tor British industrials They alt thought that British or Runt Euro European Pan Investors would like a II larger share In th these so European enterprises thin than they did The Tho result Is III that some of ot the largest capitalists in America have hM he been heen n obliged to on their securities en on the other oilier ride aide In order to provide capital capia for tor their undertakings ings Ing here Under such circumstances quotations were bound to go o down |
