570
APPENDIX
DoMEesTic AND ForeIGN LISTINGS
(As of January 1, 1930)
% to
No. of Total
Security Issues Issues
U.S.Gov't................. . 65 2.29
Foreign Gov't................ . 203 7.16
U.S. Co. Bonds.............. . 1146 ar ax
Foreign Co. Bonds. ............. 12a
U.S. Co.Stocks.............. Ze
Foreign Co. Stocks. ....... .. 27
% to
Total
Value
11.87
14.29
14.30
1.56
56.67
* 5%
ToraL..... .. 100.00
Total U. S. Issues. ............. 2472 87.77 02,451,456,451 82.84
Total Foreign Issues. ........... 364 12.83 19,148,880,460 17.16
(XVIIIh) The following table, compiled from the elaborate
analysis and estimates of international payments made by Dr. Ray
O. Hall (Assistant Chief, Finance and Investment Division, Bureau
of Foreign and Domestic Commerce, U. S. Department of Com-
merce) shows the main items in our international trade balance since
1923 (000,000 omitted) :
Principal ITEMs IN U. S. INTERNATIONAL TRADE BALANCE
(Items marked +" = credit account, and “~"" = debit account. Source — “The Balance
of International Payments of the United States in 1929,” by Ray Hall, p. 66)
Commopimies (ApjusTep) 1923 1924 1925 1926 1927 1928 1929
EXPOS. sve eervvnnnennnn.. +4,368 44,834 45,177 +5,044 45,091 +5,333 +5,490
[mports. . .. . —4,162 —3.952 —4,544 —4,766 —4,508 —4,483 —4.756
Visible Trade Balance....... + 206 + 882 + 633 4+ 278 + 583 + 850 4+ 734
InvisiBLE ITEMS
Protas. covers cnionsmsmnrn
Net Tourists Expenses.......
{nterest on Foreign Funds in
the United States. ........
Interest on U. S. Funds
Abroad..................
[nterest on War Debt.......
Principal of War Debt.......
Gov't. Transactions (net) ....
[mmigrant Remittances (net).
Charities, etc... .covvenrnnns
Misc, Items (net) ........... + vz
NEw PrivaTE LoaNs, INVESTMENTS AND DEPOSITS
U. S. Investments Abroad.... —-210 —T744 --773
Foreign Investments in U.S... +240 + 11 +419?
Bank Credits. . i 4-216 -— 6
—853 —1,196 782
+158 + 488 +396
- 226 + 13
—695 — 934 —373
— 72 +4154 4 272 —120
442 — 47 4+ 12 4+ 0
Net Capital Movement. .....
OTHER BALANCING ITEMS
Boldoonsiiswsmismen owns ws ue
U. S. Paper Money..........
Net Discrepancy... .........
le
-_817
— 621
2.6 +102
-— 20 — 30
— 40 4 26