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Newspaper
New York Tribune
Location
New York, New York, United States of America
Date
Jun 21, 1920
Page
21
The agency reports that June shipments will total 115000 barrels, signaling a steady production pace. Analysts note the figure reflects ongoing output managed by the firm and market demand expectations for mid-year.
Rail officials call for shipper cooperation to maximize use of current railroad facilities and equipment while awaiting new capacity. A government program aims to lift carload tonnage as intercity freight moves, with March updates showing sharp increases and proposed measures to ease bottlenecks in the supply chain.
Fragmented OCR text shows bonds and municipal issuances with scattered figures and place names. Mentions Lyons, City of Marseille, Marisee, and various codes like S298 and S47. Overall content lacks coherent narrative or verifiable details.
Fragmented financial notes from 1920 trading data listing bonds and rates for Virginian Railway Wabash Maryland Western Pacific Union Pacific and other issuers. Mentions closing sales High and Low prices with scattered figures and references to banks and brokers of the era.
The piece notes debtors gain from devalued currency while new borrowing costs rise sharply as central banks squeeze inflation. It details Treasury borrowing costs near historic highs, compares rates since Civil War era, and questions whether peak rates have been reached amid a broad credit squeeze.
John McHugh Frank C. Roe Walter F. Albertsen Harry H Pond Samuel S. Campbell North McLean and others are listed with offices including president and vice presidents. The roster names Gates W. McGarrah Joseph S. House John Robinson Ernest W. Davenport Arthur M. Aiken William E. Lake and Alexander F. Bryan among top officials.
Chesapeake and Ohio reports 1919 operating revenues of 71.5 million, down 8 percent, while operating expenses rise 12 percent to 50.7 million. Net income falls to 9.5 million, with a 63 percent drop from the prior year, and the railroad carries government compensation credits of 4.45 million. The annual statement cites wartime funding, equipment trust notes at 6 percent, and plans to fund government indebtedness over ten to fifteen years. Strikes and higher wages, fuel costs, and material prices contributed to the weaker year.
A German merchant in Buenos Ayres begins importing canady from Germany. Chocolate bonbons retail at 280 pesos a box of half a kilo, valued at about 1120 pounds, claimed equal to British and low made chocolates which sell at 24 pounds and 1.17 pounds per pound.
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