The Bridgeport evening farmer., 1914-01-27
IN FINANCIAL CIRCLES
cThe farro,n News Service.

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 CThe Barron News Service
 New York, Jam 27-so heavily over subscribed were the $1o.ooO,0Oo 5 per cent bonds offered by Swift & co. for subscription at 96, that the underwrit- ing syndicate, 1t is believed, will be dissolved without being required . to take a single bond Swift & Co. may shortly attempt further financing through an offering of $25s uOO,000 addi- t3onal new general mortgage buz5z1s.
 Improved conddtious continue to be the tenor of reports from steel man ufactl1ring centres Most optimistic and, =itz-is believed, reliable was the statement of Vice President Rope, of the Carnegie Steel Co. subsidiary of the limited States Steel Corpora- ton, in wa1ach 1le declared < 1vys ssz-s entering upon one of the biggest buy ing movements in the history of steel making in the united States
 Ut has been a1Scertadned that the United States Steel Corporation thtis far in January has booked materially ing number of dajys in December last. An increase of about 100000 tons in untitled tonnage is looked nors which should be fayoraJbay regarded, as 4t will be the first increase in this item announced by the Steel CorpcGation since January a year ago. The suc- c9eding months bElroqDgh the balance of 1918 showed a cof.tJ JrlRled faIlins Off in the amount of unhlIed tennage. Heavy orders flor rails have been placed during the past three weeks for this years delivery. the largest to date being the New York osentr for. 10000 tons The ei1rre1lt week is ex-s pected to witness the purchase by the Pennsylvamda. Failroad of about 160,O0o toms. The Steel Corporation is now operating at about 6z per cent. Of ca-s pacity. as compared with about 40 per cent. a month ago
 The Missouri Pac1fic-Iro Mountain Railway has ordered 25 locomotives Of the Mikado type from the Baldwin Locomotive Co. These engines are to be used in the freight servIce.
 A t the annual meeting of tine Con- s0Iidated Gas co. only one ticket was voted, carrying t1le following names Harrison Csaswtrys, George F. Ba- ker. Samuel Slian. D. c. Geddee, N. F. Brady, J W. Sterling. w F. Bliss. L. M. Greer. Moses Taylor. w R. Addicizs. Fl A. Vanderlip and George B. Cortelyou- The surplus of the com paq1y for the year ended December 31 amounted to .$7,2S5ss4s, a decrease of S2S9, TAO.
 Great Northern's gross earnings in the first three weeks of January were about S250,000 under faose of last year but Wen ahead of t11e figures for the same period of pr'eceddng years. In the six months ended December 31, 1913, gross earnings were $917 GOO ahead Of 1913, and it is eApected that the second six months Of the year gross revenues should break even with last year
 James J. Hill who is in New York on one of alis regular visits, is not at all pessirnistic over the countryss bus ness outlook In an interview with the Barron Financial News Service he said. The fogs and naists. if there were any, are clearing away. While there have been no startling develop ments in the Nor eh west condf tons there are good and f1nda1nsntaIs are sound don't expect what is gerner- ally called a. boom, but T do look for under way is of a, permanent charac- F'arune CTS are Tn good shape, and what is more noticeable In Minnesota and the Dakotas, is that theae states are changing from raise1s| Of grain to gaisers of live stock This tendency is for the general betterment of the Northwest, z
 Atchisonss December gross earnings amounted to $9,137,494 a decrease of $1, ,282 74S. Net for stlle same month was $2,323178. a decrease of $705,947. so1hetn Railways December gross to- tailed s6, 4Se. .z05 an increase of Sz65, ,819. and net was $2.o08. $50 an increase of s120, ,5s2.