New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1911-07-28
WILL MAKE NEW MARKET
Foreign Concern to Handle
Sound American Securities.
HELPS RAILWAY COMPANIES
Kuhn, LoebA& Go. and Big Eu
ropean Banks form In
vestment Institution.

Announcement was made yesterday If
the founding in Brussels by a group Of
Belgian German. French. American and
English banks and bankers Of an irnrortant
investment institution. under the title 81
the societe Ffnanciere des Valeurs Ameri-
Gaines. with sO,oOOOo0 francs capital The
new company's Investments will be made
chiefly in the securities Of railway and
electric companies in North and South
America and in state and city loans In the
two Americas. and its operations are ex-
pected 10 do much 10 facilitate the making
Of market IN Europe for sound American
securities
The founders Of the Societe Financiere
des Naleurs Americaines, which reserves
the right to issue bonds. are Kuhn. Loeb
& Co. Of this city: the Societe Generate
De Begique and the Banque de Bruxelles
OF Brussels: the Banque de Paris ct des
Pays-Bas. Of Parts and Brussels. r. NJ
Philippson & Co and NJ NJ. Warhurg &
Co. OF Hamburg: the Deutsche Bank. Of
Berlin: the Societe Generate pour Favori-
ser. etc. Arthur Splitter ct Gle. the/societe
FRANCHISE de Banque OF des Depots and
the Banque FRANCHISE pour le Commerce
81 rIndustrie, Paris: Robert Fleming &
Co, London. and other Belgian and Eng
lish banks and banking houses.
Baron Jansen. OF the Societe Generate
de Belgique. will be the chairman Of the
board OF directors. and Chevalier Raphael
de Bauer and Franz Philippson will be
vice-p presidents. The directors. in addition
TO the three men named, will be Mortimer
L. Schiff of Kuhn. Loeb e Co. New York;
Hector Monnom, Emile Francque. Victor
We'll and Jules Jadot, OF Brussels; Max NJ.
Warburg of Hamburg; Alfred Blinzig. Of
Berlin: Arthur Psltzer, Louis Minviele.
Charles de Gheest and Lionel Hauser OF
Paris. and Valentine Fleming. Of London.
The Deutsche Bank. the representative
II which ia this country for many years
has been L. D. Adams has extensive in
vestments in the United States. among
them securities Of the Gould system OF
railroads. The Banque de Paris ct des
Pays Bias. II will he recalled, only about
three weeks ago stood sponsor for the list
ing on the Paris Bourse Of American Ieie-
phone and Telegraph Company stock. and
offered TO annul all transactions IN inc
issue on the first day Of trading In order
TO quiet the apprehension caused In the
minds Of the French investors by the an
nouncement that the directors OF the COM
pany had on the same day decided 70 ISSUE
a large additional amount OF the author
ized capital stock.
An institution similar 10 the new Societe
Financiere des Valeurs Americaines was
organized I'm 1895 by Speyer & Co, Of this
city. ana the Banque de rUnion Parisienne'
of Paris This company, which was named
the societe F1nanciere Franco-Americaine.
was caritalized at $4,000, or 25,o'ooo
francs. and issued in Paris soon after It's
organization bonds 70 the amount OF To-
10000 francs. bearing I per cent interest
and maturing on July 1, 1855. which were
placed with French investors, 1t being
planned 10 invest the proceeds IN American
securities.
The New York directors OF the company
at the outset were James Speyer, who was
also its ice-president; Richard Schuster.
Of speyer & Co; Norman B. Ream and
Adrian Iseiin, tr.