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This newspaper page contains 8 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
5
The article notes that June shipments will total 115000 barrels, outlining a strong mid year production figure. It highlights the planned volume and its relevance to overall supply expectations for the period.
Rail heads press shippers to cooperate with Interstate Commerce to optimize use of existing railroad facilities while awaiting equipment. Government-led campaigns urge increased carload tonnage and loading offers to move freight efficiently amid rising costs and capacity limits.
Fragmentary OCR notes list bonds and issuers including City of Marseill and Lyons, with scattered figures and codes. The text references government and municipal bonds, and various entries like R400 S47 and 53 appear without clear context or dates.
Fragmented 1920 bond market notes list various securities including Virginian Railway, Wabash, American and Foreign issues. Mentions High and Low quotes, fees, and dates with scattered broker references and a Tennessean context. Contains numerous garbled names and figures, reflecting OCR noise around a year end close page.
The article discusses high money costs in a postwar era, noting that borrowers face dearer credit while the Treasury itself incurs the highest rates since 1861. It traces historical yields from Civil War era to 1920, explains inflation reducing purchasing power, and questions whether current rates may peak. It cites series issued in 1920 with rates around 5 to 6 percent and laments the broader squeeze on credit.
John McHugh Frank C Roe Walter F Albertsen Harry H Pond Samuel S Campbell North McLean Gates W McGarrah presides. Joseph S House and John Robinson also noted as vice presidents. Ernest W Davenport Arthur M Aiken William E Lake and Alexander F Bryan named as vice presidents.
Chesapeake and Ohio reports 8 percent drop in operating revenues for 1919 while expenses climb over 12 percent. Net income falls sharply to 9.05 million, with revenue total 71.48 million and expenses 50.68 million. Government compensation credits and postwar financing plans noted to fund equipment debts.
A German merchant in Buenos Ayres imports canady from Germany offering high quality chocolate bonbons at 280 pesos a box of one half kilo, claimed equal to British options priced at 24 pounds and 1.17 pounds per unit.
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