The Bridgeport evening farmer., 1914-02-09
IN FINANCIAL CIRCLES
Barron Financial News.)

I New York, Feb 9HThe selection of a president for Boston & Maine to
 succeed Morris Mcdonald. who has presented his resignation, will be left, Eaccording to interests in close touch E with that road, to the trustees, whose l names have not yet been made pub I lie. The names of five men eligible flor trustees of New Haven's 219, ,189 lshares of Boston & Maine common and sl ,543 shares Of preferred stock have been submitted to Attorney General I iMcReyno1ds representative of the I list the Attorney General will pick I three Or five men, but an. announce mente of his decision awaits the com ference this week between Howard
 EIliott and Aa1e Department of Jus Itice.
 l Rock Islands showing in the matter of earnings in the first three weeks tof January furnished basis for the hope that the road would make an exceedingly favorable comparison with December Of 1912. In the last week Iof the month, however, bad weather
 was encountered which was responsf- b1e for converting a gain in gross of about $110 900 in three weeks into lone of about $30,000 for the entire fmonth. Both freight and passenger iearnings lost heavily in the final week. February earnings may benefit from
 the delay to freight caused by the January storm, but passenger traffic ! is irretrievab1y lost,
 I SOf the $30,00O, GOO new bonds avail
 able for Improvements, Illinois Central ,, will not use any for large undertakings l in the immediate future Only gen. era1 betterments will be maoe where necessary.
 l December gross earnings of the Ban
 gor & Aroostook totalled $286, 6,0s3 as
 eompared with $268, 635 in the same Q Rr <sao<r Iagainst $96,s1s in 1912 In the six
 months ended December 31 the road earned gross of $1,7s2, ,317, against s1,- l 5s6, AZ, and net amounted to $613 S2s, compared with $552, ,697. January gross earnings of Great
 Northern were $4, POI, ,164 compared with
 $4, 59o,480 in 1913 Seven months gross l amounted to $49, ,314, ,562, against $4s,- l 7S0,299 last year.
 The Underwood TypewrIter CO, 1t
 is expected. will show earnings for 1913 approximately the same as for. 1912, when net amounted to $1, ,733, ,11s
 equaI to 1923 per cent. on the com- mon stock after allowing for prefer
 red dividends. In 1911 tho company
 earned over 10 per cent. on it's com l The number on the paysol1 OF the l Baldwin Locomotive Works is now r. 921 and this force is making only part time At the opening of the present year there were s,579. and at this time
 a year ago there were 17.652 names
 on the rolls.
 The fortnight1y bulletin of the
 American Railway Association states
 that on February 1 there was a net
 surplus of idle freight cars on the lines in h the United States and Canada l of 206 SIS, compared with 214. .S89 on January Is, decrease Of 5,2122. Dur l ing the two weeks the gross surplus
 decreased from 217,z74 to 211, e6o, while the shortage decreased from 9 3S5 fo l t2,282- The net surplus of coal cars 1 on February was S3,3S7 as compared l with S6.360 on January Is. The sur
 plus of box cars changed from 79. :
 672 to 72,914. while the flat car surplus
 of 13. TAB decreased slightly to 12.O77.