The Bridgeport evening farmer., 1914-04-23
ANSCO MEL ON WAS EASTMAN PAY N I

New York, April 28--W nile no nBuTes have been nude public as to the
 amount the Esa stman Kodak GO. pald to the Aasco co. in settlement Of the suit won by the latter company for
 hiring ernent on photographic pat ents.. it has been inferred from the
 g, ,85B.0o0 melon which the Ansco Co.,
 recently distributed to shareholders
 that this was about the amount paid
 by the Eastman Go, since the distribu- Ition was a direct result of the settle
 ment. Following the settlement of
 the suit the common stock Of the
 Eastman Go. declined sharply to 800, 2 loss of about 215 points from the rec
 however it reacted, and is now uuot-
 ell in the neighborhood of 500. Net
 earnings of the Fla stnnan Co. for the
 year ended December 3. 1918, were
 the largest in its history anao untins Ito s14, 1e2. 4se, gain of s1es. sa9 The
 steady increase in volume since or
 ganfzation.
 If earnings of the Central Leather ECo wer 2 to continue as large for the
 balance Of the current year as they
 were in the first quarter the next an profits. It Is not likely, however, that the heavy 9buHiness will continue anabated Leather earnings always falctuate more or less and during the past few weeks there has been some recession in orders. The improve mert in Central Leather financial position in the past few years has Ebeen marked At the close of 1911 fthe aceumuIat ed surplus was reduced through deficit Of g. 035.74S for the ! year to $1,77O, ITS. the close Of the latest quarter 1t had grown to ST. 33.z7S The company has over $7.- O00.o00 cash on hand and for many months it has been lending some $5s- O00.O0o on call in Wall Street. | Amer5cans Hank Note Go. has de- clared quarterly dividend of per cent. on the comu1on stock, " hich Iof I 1-2 per cent Explaining the re- fduction statement issued by the lcompany said: ssIn view of the de- cline in business for the first three months Of the year, the directors have deemed 1t prudent to reduce the 1 per cent for this quarter although the volume Of orders fon hand and EunnIed, indicates good business for the balance of the year.
 Standard Oil Go of Indiana, has
 declared the regular quarterly dsvi-
 S. payable May % to stock of record l May IL For the first quarter of this Iyeaf the company paid $4 extra in ad- dition 10 the regular 8 distribution I Tn slSlS a to taIIAof $Sx was paid l An application has been made to the
 Public Service Commission of the Sec 9ond District by the Central New Eng land RaiIway to issue $s.o00, 0o0 pal 4 value of it's 41-2 per cent 50 yeas si first mortgage bonds to be sold al I not less than s35 of par value to re, imFburse it's. treasury and meet obIi- igations and improvements.
 OfHciat announcements has been giv- i en out by all the leading pipe manu- l facturers of the country of re5uc- I ton of $1 a ton in the price of stee lpipe. The prices are governed by
 "a discount card, and each point of ths I discpunt represents s2 The discoun, rate has been increased haff pofr1a l to bring the price down q a ton Ths pipe trade has been declining slow i, for some v eeks. Oil developrnerats ts l have been less active in all fields l osving to . smaller demand for crud.
 oil