The Bridgeport evening farmer., 1914-03-21
IN FINANCIAL CIRCLES

New York, March 21-Missouri Pa cifc Railroad has arranged to meet the $25, ,OOO. 900 notes maturing June 1, according to President Bush. whether the loan will be puts on a permanent kbasis, or met by the issuance of short iterm notes has not been decided MT. rBuSh is now on tour of inspection gof the Denver & Rio Grande system with 9 view to determining what is needed. in the way of Improvements. snut the amount of money to be eK-. lpended this year will depend upon monetary conditions. Plans for build ling feeders for the Western Pacific are now in formative stage.
 ls The syndicate headed by J P. Mor- gan & Co.,, which purchased the New Haven per cent. equipment trusts, Ehas been offering the notes quietly. and 1t is understood that the bulk Ecf them has already been market Fed The issue runs from one to fif- fteen years, maturing seria11y. This Eis the first issue of equipment notes Ethat the New Haven has created. The trust agreement is presumably in ac- tcoTdance with the present account ing requirements of the Interstate Ian annual depreciation charge on all Eequfpment owned by railroads.
 Net earnings of the Ohio Oil co. for I1913, as indicated by a comparison with the 1912 balance sheet, were 1852 |per cent on the capftaiizatfon of $15,- 900 GOO. The book value of the shares, assuming that the pipe line and other.
 properties were carried at cost less Edepreciation, amount to be about $131
 on each of the $25 par value shares. or 524 per cent on the $15,000 900 capi- |tal
 An official of fhe c.onsoIt5atAd Gas
 Co reports that present rate of gas Toutput, is highly satisfactory, with a
 favorable outlook for a good increase In the current calendar year Last year the combined companies in the
 Consolidated sold 29,262, 457. .67o cubic
 year of .39 per cent
 Directors of the Anaconda Copper Co meet next week for dividend ac- tion- No change in the rate Is ex-
 pected, notwit hstanding that the com
 pany's earnings have for some lime
 ments. due to the low prices for cdp- per The annual report, which will be made public shortly is expected to show a, large deficit for 1913
 Interest on the M. Rumely s10.OoO. 900 fnotes, which was due on March l. has The amount disbursed was $500 GOO The combined real estate holdings Eof the United States Express Go. car ny present assessed valuation of ap- proximately $1. $50, 900. These hold Ings consist of zofHce, storage and sta- Dle psllIdings leg used by the company. an apartment house in New York inn proved property leased to other in terests ands some uninnproyed land The above figure does not include sta t1on Buildings erected and owned by the company on railway right of way,
 which are not assessed, but " hicFas al together represent an investu1 eI1f fs v,l,le of about $1O0,000. According to their assessment Iuess the largest Holdings
 of the ntted States Express Go. in any one city are at Chicago. There the company owns property which is assessed at s1. o65, 600, consisting of about s550sOo0 in real estate and the balance in warehouses and stables.
 Within few days a plan for the treorganizat1on Of the SeaI-Shfpt Oyster
 Co will probably be announced This will provide that about $500 Ono new
 money be raised, which the nrese,t preferred stockholders and bondhoId- CTS will be called upon to furnish, A. treVaiuation of the properties has been
 made. and the securities to be iss1et3
 under the plan will be represented by actual assets as will be shown f,v
 a statement of condition accompanyine the reorganization plan. F Henry C1ews.9
 As for the future of, the market a W lur Tor the better should not be far distant, unless unexpected dIsturba nces arise The Mexican problem is still
 serious deterrent and so is our home political outlook But money
 Promises to be easy everywheres
 Spring with it's traditional rise is close
 at hand Crop conditions so far as the
 soil is concerned are very satisfactory and winter wheat promises we'll fzfva, Ia fair chance and business win re- cover ere long.