Americans Expand Foreign Investments With Fewer Barriers
The AP reports Americans increasingly place capital abroad to buy foreign stocks and bonds as several brokerage firms open branches overseas. The New York Stock Exchange lists foreign stocks and bonds, but direct trading on foreign exchanges remains limited for Americans. Rules and currency issues complicate cross border investing, with firms like Bache & Co noting easy withdrawals vary by country. Robert C. Hall cites England, West Germany and Italy as examples.
MENTIONED IN THIS ARTICLE
Uncle Sam
U.S
America
New York Stock Exchange
Securities & Exchange Commission
Robert C. Hall
Foreign stock buying shifts from specialists to broader investors
The article notes reduced American outbound investment in foreign equities as European and Japanese markets weaken. Initially, gains came from highly skilled traders, but recently less sophisticated buyers have increased their participation while curbs are being eased in some areas.
MENTIONED IN THIS ARTICLE
Hall
Surinam Free From Hay Fever says Former Dutch Gui na
A note from Surinam asserts the country formerly known as Dutch Guiana in South America is entirely free from hay fever concerns.
MENTIONED IN THIS ARTICLE
Surinam
Guina
South America
Ike Not Stopped By Cold Weather
President Eisenhower, despite a cold spell with temperatures in the 40s, continued golfing and visiting old friends at Augusta National Golf Club. Clifford Roberts, longtime Augusta National chair, joined him as the president makes what may be his last Augusta visit before leaving office January 20. He arrived Friday afternoon and planned to return to Washington Sunday.
MENTIONED IN THIS ARTICLE
Augusta
Eisenhower
Augusta National Golf Club
Clifford Roberts
New York
Augusta National
Also Mentioned on This Page
Sam Dawson
AP Business News
Nations
King Features Syndicate
Strictly Richter
Fulton
Ike
Menke's
Lote
Foursquare Gospel Church
Sele
Jack McVicker
East Fulton
Garden City
Keneas
Jesse Scott, Jr
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