The Bridgeport evening farmer., 1914-01-13
IN FINANCIAL CIRCLES
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: - f77-77
 eThe Barron Service )

,s eThe Barron Service.)
 New York, Jan. 1S-Chairman Elliott of New Haven, on his return from Washington, confirmed the plan agreed upon by his road and the department of justice involving disposition of troll ley hnes- AS regards the time it will take to rid itself of the lines un- der a plan Of reorganization yet to- be worked out MT. Elliott said 1t was inn possible to foreteIl Unless a special meeting is called in the meantime, directors of the New Haven will meet in this city on Thursday. Further moves toward reorganization may be expected at this meeting. No further conferences between New Haven in- terests and the department of justice are expected for several days.
 Earnings of the Bangor & Aroostook system are showing an upward trend that is gratifying to stockholders. For the five months of the current fiscal year net Income aggregated $614,O as compared with $557, 7,237 in 1912 After all charges for the five months the road showed a surplus of $5O, BIT. which rroportionateIy is more than sufficient to cover a per cent. dividend on the stock.
 Last July, owing to a strike of en- gineers the semi-annual disbursement was reduced from 2 to per cent. Rumors that the Bangor & Aroostook will be acquired by the Maine Central are now being taken seriously, since it is believed that banking interests favor on such a move.
 After withdrawing it's quotations from the market week ago, the American Steel & Wire Co. has ad- vanced it's price of wire and wire nails $1 a ton to the old prices in ef- feet three weeks ago. Wire nails are now $1.55 per hundred pounds and plain wire $1.35. An official of tba American Steel & Wire Co., says thai the company is taking a good supply of orders at present, which, however. Is usually the case at this period of the year.
 It is reported that a. prominent New York and Boston banking house has purchased a block of American Agri- cultural Chemical preferred stock. amounting to between 5000 and 10. GOO shares This stock was acquired from the banking syndicate which un- derwrote the $6,000,0 900 preferred stock financing year or more ago.
 The sen1i-ann lal statement of the H. B. Chauin Co.,. reports net earn S1, of $z62.254 against $2s5, 194 last year Surplus after all dividends amounted to s5,256 against $28, 195 last year.
 Greene e-Cananea's production for December from it's own ores totalled ounces silver, and 607 ounces gold.
 The Osceola Consolidated Mining Co. has declared a quarterly dividend of $1 share. Three months ago So was paid.
 Central Railroad of New Jersey sold on the Stock Exchange at BIO an ad- vance of 25 points over it's previous quotation.
 Prices of leading steel products for December, 1913, were without excep- ton the lowest of the year, and thus far the new year has seen no advance Early in the year prices were at their highest point. the decline coming at the start of summer, when orders be- gan to show a material falling off
 After showing a surplus of only S2- GOO on July and August operations, khe International & Great Northern re- ports earnings Of $522,OOO over all charges for the five months ended November 30 last.