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Show oo FOREIGN HOLDINGS BEING ABSORBED NEW YORK, March 25. Further heavy absorption by American investors invest-ors and financial Institutions of foreign-owned American railroad securities securi-ties is disclosed In the latest compilation compil-ation prepared by L. F. Loree, president presi-dent of the Delaware and Hudson company, made public tonichf. Mr. Loree has made an exhaustive study of this situation since the first six-months six-months of the war. When Mr. Loree's inquiry was firs! undertaken it was ascertained that American railroad securities held abroad July 31, 1915, were of a par value of $2,704,402,364. From August 1. 1916. to January 31. ' 1917, there were returned to the Axnei ican market securities of par value Of $229,817,076, or 16.23 per cent for the six months. During the annual period ended July 31, 1916, there were held abroad securities secur-ities of the par value of $1 415,628,563 (market value $1,110,009,090), showing show-ing that there were returned for the year securities of the par value of $807,881,666. or 36.82 per cent. During the semi-annual period ended July 31. 1915, there were returned to this country securities of ib par alue of $480,492,135, or 17.78 per cent for1 the six months. "Therefore," says the Loree report, "from the date the first compilation was issued, showing securities held j abroad araountlnc to $2,704,402,364, there have been returned to the Amer-, ican markets securities having a par value of $1,518,590,578, or 56.15 per cent." Mr. Loree's figures are based on information in-formation received from 144 railroad: companies, including all the roads in the United States more than 100 miles in length, of which number 105 companies com-panies reported securities held abroad. The Loree compilation does not include in-clude many millions of dollars of securities se-curities of American Industrial corporations corpor-ations held abroad prior to the war. |