The Bridgeport evening farmer., 1914-04-02
IN FINANGIAL CIRCLES

New York April 2-So favorable are present monetary conditions that the April disbursements were taken; care of without causing the slightest strain in the money market. The conditions are vastly different from those pre-. vafling a year ago. On the last day of March this year call money ruled no higher than ? per cent, while on the corresponding day of 1913 the rate E.reachedss7 per. cent. Much the same compared with open market discounts Of 4 7-16 per cent in London Last year. current discounts are quoted there at 1 3-4 pc. cent. In Berlin last year 6 per cent. was quoted in the open l market. as against 3 per cent. now; and at Paris the 3-4 per cent. rate of last year compares with 2 1-2 per cent. today. It appears reasonable, l narrower, to expect lower bank rates after the April settlements are out fef the way. 1-2 per cent. Bank Of
 England rate is regarded as as-
 sured
 l In the course of a recent hearing
 before the Interstate Commerce Com
 mission, it was disclosed by Presi-i
 dent FeIton Of the Union Tank Line I that John D. Rockefeller is no long, Ter stockho1der of the company.
 About a year ago his holdings were i turned over to the Rockefeller Foun- dation and it appears that the F'oun- | I6.0Oo of the 29813 shares originally held by MT Rockefeller. The Rocke-
 Teller Found ation is now the largest
 holder of Tank Line stock, it's record- led ownership being 6ne-ffth of the fentire $12, ,OO0, GOO capital stock. The
 next largest holder is the estate of lChar1es Pratt with ,S58 shares. The lestate of H. H. Rogers has disposed lof 559 shares, as after the dissolution l this estate held 75g shares, while in o7 1-aJd l At the close of 1911 1. 1885 shares stood lin the name of H. M. Flagler, and
 these holdings have since been reduc- led. to 1,5s5 shares. On January 29,
 1914. the total number of stockholders l Of the company was 3, ,71s
 As step in it's retrenchment policy, the Lehigh Valley Railroad will short Fly make application to the Public Ser vice Commissions of Pennsy1vania ard New York for permission to take of lseVera1 trains, which in the course lof recent years swere put in service lat the order of the commissions, and l which from the beginning of the ser Twice have been unprofitab1e
 I During March corporate financing factuaI1y consumma4ed in this country lamounted to approx ina ate1y s160, GOO 900, or s1o, ,0O0, 900 more than in the 1same month Of last year The first two months of this year however, I were far behind 1913. and the total of fEgEpOfAIe @HEaaclGG g TOT LnG HESLsa guar tter Of the year is only $431 GOO, GOO, as
 compared with s701 500 eco last year. The years financing to date is be- l low that done fn the corresponding Iperiod for several years past
 Eastman Kodak common stock,
 which is listed on the Rechester stock fexchange, has declined 45 points since Ethe company settled with the Ansco Co. for infringement on the Iatterss I patent Of the photograpfic linn The
 asnount involved in the patent suit isettlement has not been given out, but it is said By interests familiar with the company.s affairs to be sm a1l- Ter than generally believed An off, kcia1 of the Kodak Co is authority for the statement that it will not affect I the surplus.
 si A widely circulated report that ne- I Igotiatfons are on for the sale Of a slcontrolling interest in recount Pacihc to the so called Standard Oil group Eof capitaIists has inspired some heavy buying of the stock in the past few days An official denial has been made that the Gould holdings are
 sought by Standard Oil interests; but the bulls on the stock continue to pro- I fess their belief that control Of the Eroad will ultimately change hands.