This year promises to establish a new record for the lending of U. S. funds abroad. Thus far, $1,007,919,000 of foreign loans have been floated and distributed among home investors in 1924, and the prospects are for a total of $1,500,000,000 before the end of the year.
The most important of these foreign loans (in millions of dollars) have been: Japan, 150; Germany, 110; Mexico, 50; Netherlands, 40; Switzerland, 30; Sweden, 30; Canadian National Railways, 29; Canadian Railways, 26; Norway, 25; Industrial Bank of Japan, 22; Argentina, 20; Paris-Lyons-Mediterranean Railway, 20; Ontario, 17; Consolidated...
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