The Birmingham age-herald., 1909-06-13
ism for the present. if. indeed at any

asm for the present, IT, lhoeeo' Al ans time.
 cific stockholders is to take advantage of the next outburst of public speculation, whenever that may be, which may carry up Missouri Pacific along with many an other cat and dog. George Gould and ms associates must show fruits meet TOT re- pentance before they can expect the pup lie to become fresh customers or thelr engraved works of art.
 Stalwart rumors are afoat dealing with Missouri. Kansas and Texas. Certain new street oracles are proclaiming an ap- preaching 90 point rise for Kansas Iexas stock It is by no means an imposslphlty, but the gentlemen telling these stories furnish no proof up to date. Of course, If one wants to speculate blindly there Is very little risk in buying Kansas-Texas in the 4Os It has not much room to go down and plenty of room to go up. Here, again. publicity is the desirable article,
 And. indeed this matter of publicity concerning corporate operations Is one or the grayest Issues of the day-an ilhperao a tive need. It would not be surprising 10 find that the report of Governor Hughes stock exchange committee will deal with this matter. -,,,,+
 No better example of work in the right direction can be offered than In the way the United States Steel corporation TUT nishes the simplest possible information hath of ,ts business and it's finances, and if is directly due to this that Steel stocks have had their practically uninterrupteo rise from the panic points Of lso4. MT Morgan is wise in his day
 Wheat prices continue high, transactions in the July option logically continuing those of the defunct May option. It be-
 ara6 ,1ofn high because the crop of the world Is short. Our own crop will not be bump or one but will be sufficiently large to leave us a handsome export surplus at prices which for the whole crop VIII lii- calculably add to agricultural WorK. Aho all available data point to a large corn crop. .. l., eoualIv encouraging. Now 1t goes without saving that if the three great crops wheat. cotton and corn, are fairly large and sell at good prices there can be no in- terruption of the return Of prosperity, and that prosperity is bound to sooner or later invade the stock exchange. You cannot keep one end of a ship down and the other up.
 Mining stocks attract but little notice nowadays but there are plenty or gooo opportunities among them. Goidheld con solidated has many friends ana IS report ing wonderful progress in actual mining which, if continued, will no doubt turn speculative attention to Amalgamated Copper and many producing companies Exportation of. new companies will also be stimulated. Copper experts expect 10 see the metal at 15 cents before long.
 Local New York fractions stay Tn the 6oldrurns. The settlement of Metropolitan Street Railway affairs again meets legal postponement. Probably the system first to be reconstructed will be Third Avenue which under energetic receivership man agreement is forging to the front as re- fuvenated money making property.
 At its present price and allowing TOT rosgibie assessment of, say, s2o per share, it has bargain-like look. Brooklyn Rapid Transit Is quiet. The prevalence of unreasonable weather is restricting It's summer coney Island traffic though, of eogrse. fts usual Brooklyn traffic contin- fes fo grow with increase of population. Ar increase in B. F. T. dividend Is among the likely happenings next fall or winter