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Newspaper
New York Tribune
Location
New York, New York, United States of America
Date
Jun 02, 1920
Page
36
The document appears as a scrambled OCR page with scattered references to New York markets, stocks, and notices. It mentions SALT, rivers, and a mix of financial terms, with intermittent names and numbers obscured by garbled text. The readable parts hint at market listings and public notices from a historical New York context.
Market reports show rubber manufacturers increasingly using trade acceptances with forty nine firms examined. thirty nine percent use them, eight percent abstain, four percent have not expanded. Williams succeeds Thompson at Williams & Peters coal merchants and joins several insurance and financial boards. A Jewelry School is planned in Milford Massachusetts by the New England Jewelers Association and regional jewelry groups, opening in fall as training hub for workers.
Fragmented text from a historical page mentions manufacturing worries and court or bankruptcy terms with scattered names and places. The garbled lines reference officials, dates, and sums, hinting at a legal or financial disturbance affecting firms and individuals in several locations.
A dense survey discusses high yield bonds and investments with warnings about risks. It notes amounts tied to Texas Pacific Railway receivership and general market conditions, advising diversification and caution on speculative stocks.
Trading on the curb market showed widespread declines with many issues down while a few petroleum stocks, notably Simms Petroleum, advanced. Mexican Panuco drew attention amid merger talks, and Texas Pacific weakened, breaking through 40 for the first time in the downturn.
Burlington Road reports net corporate income after charges and war taxes of 25,549,470.48 for the year ended December 31, 1919, with earnings per share around 110.810. The report notes adjusted figures excluding a prior period item would rise to about 229 per share, and outlines federal compensation, operating revenues, and capital expenditures along with tonnage and revenue changes amid postwar conditions.
Speyer & Co. purchased Frisco Railway bonds issued by the French government for about 10 million dollars. The deal involved bonds carrying 7 percent interest and an aggregate issue of 20 million, with pricing near 89 and adjustments tied to current market conditions. The purchase reflected reactions from bondholders and the impact on Franois holdings in San Francisco and related creditors.
The Tribune runs four full columns each Sunday featuring investment questions and answers. The section highlights investor concerns and powers discussed across the pages.
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