The Bridgeport evening farmer., 1914-04-04
H FIHaNCI.A CIRCLES

New York, A pril ils4-Chafrman How ard EIliott's pamphlet. giving in de- tail the present financial conditions of the New Haven, the full history of Of Justice and other events since Sep. tember 2 1915 will be made public Monday, if present plans are carried out. The statement of financial con dition will show the necessity of more cash and need for prompt arrange bInents to meet the s45.000, GOO notes ma turing May Is. New Haven's tptaf operating revenue to March 3l de- creased $1,90O0 900 from the earnings a year ago. For March gross fell off between $125s0O0 ands s135s0 The re- port for February will show a deficit after charges of approximately S9G5.- 1000. At the end of January the sur t plus remaining after charges was only S152. .216, so that for the eight months I a deficit of about $750,OOo will be re- ported. 1 Failure on the part of the Rockefel- Her interests to favorably consId CT the purchase of the Gould stock holdings l of the Missouri Pacife and other afr 1 f1liated Gould properties leaves the roads exactly where they were before any possibility of a change in control arose George J. Gould had given no option on his holdings, but it was quite definitely understood between him and the Standard Oil interests
 that he would part with his holdings I if the necessary agreement as to de- tails could be reached.k The deal if Econsumm ated, would have carried with lit absolute control of the property. l and would at the same time have dis l lsipated any further uncertainty as to where the money was coming from
 to take care of Missouri Pacific,s s25,- coo. eco notes which mature June I, Inext, tnasmuch asstfre. proposed ar trangernen for ta taki1lgs1overz the prop
 erty- included along with the Rocke- felIers some of the strongest bank ling institutions in the city Ar lrangemerts for taking care of the ma
 turing notes have not yet been com tpleted, and failure of the recent ne gotiations has not changed the status Il of earlier plans, which contemplated
 the extension of $12, ,500, 900 of the notes.
 Estimated gross earnings of the lchesapeake. & Ohio for March were s, 101. OPS, an increase Of S2o1, ,361. Most of the gain was recorded in the last Eten days of the month, and was due
 to a decided improvement in the move Iment of coal
 The Pennsylvania has annulled 2:
 passenger. trains on the lines west fof Pittsburgh, and 25 more will be
 ta.. ken off at the end of the week Or
 January 1, there were 13,000 fewer mer
 employed on the lines west than or
 the corresponding date fa 1912. ] Large sellers of copper have advanc,
 ed the price abroad to 14 g. 4.. fo.
 electro1ytic,s delivered 30 days and sev. IeraI agencies on this side have solo at prices very close to that figure
 Europe 1eontinues a free buyer, an6 Ecopper interests are united in assert ling that the foreign demand is based Ion actual consumptive needs. Do. nestle demand continues on the same lhand -to-rnouth basis. Trade Authori
 tics look for the price to advance tc
 an alI-rounds IA 3-4 basis very short
 ly
 @Henry Clews.)
 A feature of encouragement is tha . Iwithin the next few months the new banking system will be gradual, brought intoS,Hse and the better cred , it facilities thereby attainable will un doubtedly have a stimulating influ
 ence The treasury is now reea Hin,
 a portion of the. special deposits mad
 during a period of strn gency las
 year, but this movement is not likel, Ito have any detrimental effect upol lthe monetary situation. Foreign new | is generally of a favorable nature. Tn 6 political atmosphere in England ha q heen materially cleared by the reeen crisis and business conditions are bet
 ter there than here: In Paris the DO [ lliticaI tension has also considerabl : abated.