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Newspaper

New York Tribune

Location

New York, New York, United States of America

Date

Jun 07, 1920

Page

25

New Chamber Of Commerce Ties Between Belgium Romania

A Belgian Romanian Chamber of Commerce was reported established in Brussels with ongoing relations to Bucharest. An Italian Romanian Chamber was also created at Mill Failures in May. Bradstreet's Journal notes 453 failures in May with liabilities at 13.611 million and assets around 80.887 million, showing a 3.7% drop from April and a 6.9% rise from May last year.

Brussels Chamber of Commerce Bucharest Mill Bradstreet Wey

Improved Rail Operation To Thaw Out Credit

An era of frozen credit slows industry as rail bottlenecks choke shipments. Smith Manufacturing of Bridgeport, maker of cotton belting, cannot move goods fast enough due to car shortages, swelling inventory to 3.5 million dollars from a normal 2 million. Banks extend loans, often on short terms, risking liquidation when shipments stall. Federal Reserve and National Bank notes cite continued credit frictions, with rail congestion and shifting demand driving price declines in textiles.

Mentheralda Finance Smith Nta Bridgeport National Ory Bank Federal Reserve Bank New York Federal Reserve Banks

Record British and American capital issues postwar boom

Bankers Trust data via London sources show 1919 English private business capital demand at 297 million pounds, slightly below 1913 peak. U S 1919 capital issues totaled over 3.02 billion dollars, with four months of 1920 matching a record pace, reflecting a global postwar capital boom.

Bankers Trust Company London Great Britain United States England

Investment guidance on foreign bonds and railroad issues

The Tribune discusses foreign bond risk with Japanese government bonds seen as safe but not high grade, and highlights speculative junior lien road bonds such as Denver & Rio Grande 6 percent 1928 Colorado Southern 4¼ percent 1935 and Louis-San Francisco prior lien 4 percent 1950. It advises against Consolidated Interstate Callahan and Dig Ledge for income, notes limited security of Portland Railway bonds, calls Baltimore & Ohio first lien bonds not top tier, and suggests rail bonds like Denver & Rio Grande Improvement 5 percent and Colorado Southern 4 percent as solid possibilities for income, with emphasis on caution in foreign investments and stock speculation.

Wall Pak Denver & Rio Grande Colorado Louis-San Francisco Callahan Inn Portiana Ora Battimore & Olio Portland T Bellows Baltimora & Obie Balsimore, & Ohio Ing Baltimore & Ohio New-York JSON General Louisville & Nashville Unified Southern Pacific Interborough Leyla Sam Francises Denver & Rio Grande Improvement Colorads Southern

Also Mentioned on This Page

Pooserett & Son Pine Street K.rice Jr.&Co America Cora Exea City of New Ene Ls Dein. Lack Branklin, i Fieet National Bank General Baking Pfd Great American Insurance Glene Falls Insurance Hudeon Co Industrial Finance Ptd Ingersoll Rand Com Lehigh Valley Coat Sales Thermie Prd McC Liberty Compone, Purdy & CO WL John Pine St U. S Driver-Harris Company Harrison New Jersey Fidelity Trust Company Newark N. J Wilbervald Asvets Canada Marwick Mitchall 4 Peat Chartered Excomntends Eid Stee Benet Brest Brandarda Company York Iatus F. Martin Sew Ee Ss Frank L. Driver P. E. Reeves Investment Information Adeinte Sands Tok Gill Ta Financial Tritens Nassau Street New York City Qestion W. C Answar Quealon Otte Productig Leo Pri Oklahoma Nvestmen Thorten Southern Peette ‘Investible Atchison Topeka Dan Ramee Ra Usar Iene Graca Fonds the Tribune Mexico Armour & Cn Ann Arbor Okie Atv Rocky St Din Fay Guarantess Ina Peoria Ea Secoda Denver Duluth Diathlers Bea Gorp Sam I & Ts Hee Es. U ‘de Havana Indiana Nor & Weat Fateh Northarn Seine Cas Lahien Yell Lehigh Psgan Pac Gas & Eleo Iaringuan Clegett de Byers Pere Marquetis Phil Mt & P le Mn Southern Pac Va Tron Cowl & Ca Sva Ry & Power Weath Electro Gan Wan Marpland Co Lweata Paailicia Weath Union Col Tr Sa Baty Eon & Co Ce Pacific Francis AMA Far West Pacific Coast Park Union Foreign Banking Corporation San Francisco Seattle Shanghai Paris Tokio Yokohama Charles A. Holder T. Fred Aspden E. B. MacKenzie Wall Street Guaranty Trust Company of Broadway Fifth Avenue 44Th Street Mannox Avayon Madison Avenue 66Th Street Guome Staser Grand Street Joint City & Midland Bank Limited Threadneedle ST E.C England and Wales Peo. Sis Old Broad Street A. McKewna Belfast Banking Company Ltd Clydesdale Bark Ltd Baylis & Company N. Y. Stock Exchange
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