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This newspaper page contains 6 articles. Subscribers can read the full text of each article.
Newspaper
New York Tribune
Location
New York, New York, United States of America
Date
Jun 21, 1920
Page
45
Rail heads urge shippers and carriers to cooperate with authorities to ease congestion and improve traffic flow. The plea highlights needed road work, intermodal coordination, and timely deliveries to reduce delays and boost regional commerce.
Fragmented OCR outlines bond market data including government and municipal bonds. Mentions issuers, rates, maturities, and prices with numerous unreadable fragments.
The article explains that high inflation and tightening credit push up borrowing costs, leaving the Treasury paying high rates to roll debt. It notes historic rates from Civil War times through 1920s, listing series, dates, and figures, and argues the current rate environment risks more expensive financing for government and borrowers alike.
A roster of names including John McHugh Frank C Roe Walter F Albertsen Harry H Pond Samuel F Campbell North McLean Cates W McGarragh with officers Joseph House president John Robinson Ernest Davenport Arthur Aiken William Lake and Alexander F Bryan is shown as a board of directors and vice presidents in a local company notice.
Chesapeake and Ohio reports 9 percent drop in operating revenues for 1919 while expenses rise over 12 percent. Net income falls sharply and a government debt for equipment held under a 8 percent note program grows. Stockholders hear that no new financing occurred and efforts focus on funding prior government indebtedness over ten years.
A German merchant in Buenos Aires began importing German candy. High quality chocolate bonbons priced at 280 peson for a half kilo box, claimed equal to Dutch chocolates priced at 152 and 117 per pound, respectively.
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