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Raleigh Register in Beckley, West Virginia

11 Aug 1921

Page 3

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This newspaper page contains 2 articles. Subscribers can read the full text of each article.

Newspaper

Raleigh Register

Location

Beckley, West Virginia, United States of America

Date

Aug 11, 1921

Page

3

Ford Business On Solid Ground After Sharp Turnaround

Ford reversed a dire liquidity crisis by offloading surplus inventory through dealer shipments and drafts. Cash rose to about $36 million by June while inventories fell, taxes were paid, and payrolls streamlined from 60,000 to 45,000 workers with wage adjustments. Profits near $20 million monthly before taxes, driven by expanded output and aggressive credit strategies, underpin a resilient recovery praised by Wall Street Journal.

MENTIONED IN THIS ARTICLE

Henry Ford Ford Treasury New York Philadelphia Boston Indiana Detroit Ford Company Massachusetts Liberty Wall Street Journal
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New Jersey Receives $139000 From Dempsey Carpentier Fight

New Jersey Wednesday received 139000 as its share of the proceeds from the Dempsey Carpentier boxing bout at Jersey City on July 2. Secretary Cassidy of the State Boxing Commission announced the figure calling it the largest sum ever received by the state for a boxing exhibition.

MENTIONED IN THIS ARTICLE

New Jersey Jersey City Cassidy State Boxing Commission
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Also Mentioned on This Page

Dunsmore Business College Dunsmore United States Virginia West Virginia Morris M. Edgar John R. Eye Staunton Neville Street Watkins’ Drug Store Beckley W. Va Bank of Raleigh Beckley, W. VA Durham Tobacco ALAA Charleston Business College Charleston J. C. Stotts A. H. Dangerfield National Society For Vocational Education James G. Alderson North Alderson Greenbrier County J. W. Haynes Alderson Baptist Academy Alleghany Collegiate Institute Camp Greenbrier U. S J. G. Alderson Major Agustine Overton Moss Jim Texas O.K Chesterfield St Cigarettes Liccett & Myers Tobacco Co
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