FOREIGN TRADE: By Bomb & Shell

In 112 foreign countries, U.S. citizens own industrial plants, oil refineries, plantations, mines and other properties, in which they have invested $13.3 billion. But by last week, when the National Foreign Trade Council released a tabulation of these investments by countries, a lot of the value had gone. The N.F.T.C. listed nearly $4 billion of U.S. property in Axis, or Axis-controlled countries, of which $1.3 billion was in Germany, $90 million in Japan.

How much could still be salvaged was anybody's guess.

¶ General Motors Corp. slashed $46.9 million off its overseas...

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