The Bridgeport evening farmer., 1914-12-07
NEW YORK EXPERT
 REVIEWS SITUATION IN FINANCIAL WORLD

(Barron Financial News Service.)
 New York, Dec. 7.-The strength in past few months has been based very largely on war orders which it's pres- ident, Charles M. Schwab, has gath cred from several European countries Schwab returned to the United States less than 8 fortnight ago following a hurried and secret mission to Lon don. Usually willing to talk, Schwab on his latest arrival was extremely rettcent although it subsequently, be- came known that he, for his com pany, had booked about $50, eco, 900 worth of business which included the construction of some submarines. Mr. Schwab is now on his way to Europe, havcing started suddenly at the close of last week During the short period in which he was ho4nAs the Bethlehem Steel president made a trip to Wash ington to confer with the State Dc partment presumably on the question of building far vessels for belligereIats and at the same time maintaining neutrality. A hurried trip to Canada followed where he was believed to en- deavor to make arrangements for handling some of the brginess in the British Dominion. Now he is on the Lszsitania speeding toward London.
 Az Q result of these hurried move ments during the past six weeks on the part of one of the most active in dustria1 leaders in the country Wall street today wonders as to the Invest ment made during the closing of the Stock Exchange by hundreds of per sons in the Common and Preferred shares of Bethlehem Steel Corpora tion sat prices materially over the closing level Of July 30th.
 United Profit Sharing Corporation stockholders will soon be given the af1,ee ass+ three or -four new shares Of stock for each one held at Sa per chare. The old stock has recently sold at about $16 a share on A par value of H. Tho company, although in existence less than a year. has met with wonderful success in the acquisition of contracts forfts profit sharing coupons. To date over four billion coupons have been ordered from nannfacturers and as the company proposes to enter the departmetu store held, heretofore held exclusively by the trading stamp companies, further big figures in re- spect of new business may be looked for. The company's shares were orig inally offered last May to stoclEhoId- CTS Of the United Cigar Stores corpor- ation on q share for share basis at S1 per share.
 Minneapolis & St. Louis R. R. Co. will go down in history as being the only road in the country to persist ently maintain increased earnings over year ago. The larger trunk lines and Western granger roads have been showing big losses owing to falling of in business in this respect. The No venber gross amounted to $s5z, ,314, representing an Increase of $49604 over the same month Of 1S1s- For the first five months of the fiscal year the gain in gross Mas $222,a4o, the total gross amounting to $4y 40 s1S.
 The general belief exists among Stock Exchange members and some of it's governors that the board will reopen for a stock trading before Christmas In fact the ouncement has been made that this week will witness such reopening. AS 1t was premature, however, from the official standpoint the Committee of Five which has been running the exchange since 1t closed issued this statement:
 s~Ihe plans of the Committee Of F9ve to resume dealings in stocks on the floor of the exchange have not yet been consunnmated No meeting of the board of governors has been called, and none will be called until the plan is perfected z