The Birmingham age-herald., 1910-10-09

available supply on hand of 100000 bags to care for the consumptive demands of the remainder of 1910, and this supply, even allowing for increase through ship ment now under way from Brazil, Is far below normal. A year ago the supply at this time was double 90o.0oo bags.
 These figures apply only to New York, but they reflect conditions in all of the worlds markets. Supplies of the raw berry are unusually low, and as roasting demands exceed supplies there Is con- stant diminution in the available surplus. Were the coffee that Is hypothecated against the Brazilian loan to be sold it unquestionably would right matters In Europe and the United States there are (, ,250 900 bags held back from market un- der the provisions of the loan. That amount is sufficient, roughly figured. to supply the world for nearly half year. But only certain amounts of this wal orized' coffee can be sold yearly, the terms of the loan against which the cof- fee Is held being imperative. The 1910 supply has already gone into consump- tion, and because no more of 1t can be brought forward under the provisions of the loan until next year 1t Is easy to see why some coffee people have been ready to say that there is a "corner.' The trustees of this coffee will sell 700,
 
 year, and are empowered to sell an addi- tionaI 6Oo,000 bags should 1t be found that prices warranted such further sale.
 The excellent showing made by the Jersey Central for the fiscal year ended June 30 was considered striking evidence of the prosperity of railroads. which have been conservatively capitalized and we'll conducted. It was expected that the oc orf nF "a ip O system, which showed in it's annual re- port an enormous balance, available for dividends on its common stock would make a more than satisfactory statement for the year, but when 1t was discovered that the smaller line had a balance appli- cable to dividends equal to 33.18 per cent on It's 327 436, 800 of capital stock, even the bulls on this stock were astonished A large part of the Jersey Centrars big net income was derived from profits ac- cruing on its sale of stock of the Lehigh Valley Railroad company, and from two initial dividends on Its holdings of the Lehigh and Wilkesbarre Coal company, a subsidiary. The Jersey Centraps re- port also was commended generally be- cause of It's record that s4,OOo.0 900 had been appropriated for additions and better ments, which showed that this road, at any rate, is not retrenching.
 A prominent Mississippi cotton man, who was on the floor of the exchange re- gently, showed telegram from home that said that $36 ton was being paid for cotton seed. This means $36 to the farmer. Whatever may be the demand for the lint, 1t is evident that the seed is much wanted. Just what $38 a ton for seed means will be understood when 1t is stated that $36 ton means SIS for the seed from the cotton that goes to make up one 500-pound bale This means that the planter Is getting almost as much for his seed as he once obtained for his line. The same gentleman who received the wire quoting the price being paid for seed remarked: 1T have pur- chased many a bale of cotton for $1S."
 Some years ago agriculturalists were talking about the possibility of seedless cotton. No farmer would care much for a cotton like that now. There Is lint less cotton. however. a cotton whose boil contains only seed. At the present price of cotton seed there might be money in raising this sort of cotton. If the price of seed continues to mount skyward some contemplating farmers will undoubtedly ex- pertinent with lintless cotton.