The daily morning journal and courier., 1905-03-13
L0CAL FINANCIAL NOTES.

N. Y, N. H. & H. R. R. stock very
 steady in price with few small sales
 from 2o6 to POS. The 1-2s of 1854 have
 sold at 9s and interest. -.. r
 The final installment of 25 per cent. on the New Haven Gas Light Co.'S
 convertible debentures will be payable
 April 1 k E:
 Copper Range Mining Go. has declar-
 ed it's first dividend of $1 per share on
 capital of SS5,OOO shares. The divi- derd is payable April to stockholders of record of March 15, the stock dur ing the past week sold from "A to S0, closing at 79 1-2.
 Edison Electric Illuminating Co. of Boston has sold from 250 IA to 251.
 The Bridgeport Hydraulic company, commonly called the Bridgeport Water company, has filed mortgage to Charles G. Sanford, trustee, to secure { an issue of $5OoOOO first mortgage four
 per cent. bonds to provide for exten- sions and Improvements.
 The Birmingham Water company has received permission to increase it's cap ital to $500,000, and to issue bonds at
 the discretion of it's directors and upon 2 vote of it's stockholders; but no new is z sue is expected in the near future. This company organized in 1860, pays quarterly dividends of 1 1-2 per cent. each, and has about ten miles of main 2 line supplying Birmingham and Derby; ! 1t is a gravity system. The president lis Charles E. Clark; treasurer, Chas. < H. Nettleton s~r
 The Derby Gas company has obtain led permission to increase it's capital from S400,000 to $1;000,000. It is now having dividends at the rate of per
 ceat. per annum, and has out 250,OOO "a per cent. bonds. This company sup Ssplies Derby, Ansonia, Birmingham and ' Shelton, having a total of about 25,-00O people. It has A miles of main pipes #With an output of 104,000,000 feet, and #sells gas at s1.20 net per thousand. Of Nificers are: Charles H. Nettleton, pres
 lident; George H. Scranton, secretary. # The New York, New Haven and Hart sford R. R. now adds to it's trolley sys- istem the Hartford Street railway, pay Ming $2S5 per share, par $100, on capi- &tal of $1,OO0,0OO. This company was or #ganized July 1, 1862, as the Hartford 8and Wethersfield Horse railway. Divi- sdends of 6 per cent. per annum has Nbeen paid for many years. The out astanding obligations are first mortgage a per cent bonds, due September 1, 1880, 4s2, ,500, 900; debenture As, due January 1,
 930, $260,000. The road extends to
 Wethersfield, West Hartford, Windsor, Hast Windsor, East Hartford, South % %1lastonbury, Newington, Burnside and ssRainbow, in all 92.44 miles of main Htrack; total trackage, 9642 miles. A re- lseent report gives closed cars, 110; open
 cars, 101; other cars, 62; total 273. A 3Ethrough line to New Britain is operated Hin connection with the Connecticut 7iRailway & Electric company.
 X The East Hartford and Glastonbury X railroad is controlled by ownership of 5sthe stock and leased for thirty years, lsto 1927. For the. year ennding July 1, Isl904, the road reported gross earnings, gssS97,123; net, $257.057; interest and tax. K es paid, s17S,5S9, dividends, $60,o 0,o00; bal 3sance surplus, S1s,46S. With another val lslable strategic point secured it's new 5soWner is now in a much better position 33 10 negotiate for the purchase of other l| Trolley roads should 1t become desirable n do SO. sssl