The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1910-10-09
mnZfA4 FINANCIAL and Industrial News OF the Day

az an OF the worlds markets sunn,,s. .,
as aro raw Derry are unusually low md ~,
tb.rn roaSt'ns - demands exceed SUPPLIES
ayniIahle s,,rt constant diminution in the
Were the coffee that Is hypo,hccatsa
mSa,,n, nSa,ns. the Brazilian loan to be sold r.
Europe ana ,T would right matters. In
gsoo'ooo bngs held back from rnarte, al ar
CT the provisions OF the loan tn,
smnni,' T' us IS sufhcient roughly figured, ia
But BtptS on,v yhe cs void for nearly half year.
.Zeo cofiee can be sold yearly. the farro .
vi .hs loan against which the rofrea &c
heia neing Imperative, The 1910 sunniS
because bee sedny nn gone gone into consumption, and
iorWard under the provisions OF tbs Iear
til until next year, 1t is easy TO SOC u,b,,
saT sae i,sf come ,a-p people have been ready to
tees Of Of this ,nsFe eovoo " & m19rner" The trus-
OF tne remaining supply next wear and
afe empowered to sell q n add{tionai eno nnn
Gags: should IT be found that prices war
ranted such further sale. VOL
Fine Showing Made.
me excellent showing made BY the
Jersey Central for the fiscal year ended
or the prosperity OF railroads Which Says
neen conservabvely capitalized and we'll
conducted 1t was expected that the Jar-
teI, sex Cehtrsi e,ht as part OF the Reading sys-
an enormous balance. availabe for divi-
oenos on Its common stock, would make
shs more @ man satisfactory statement for
mat the smaller line had balance ap-
picaole to dividends equal TO 531s per
cent cen, on Its S27, $4,000 Of capital stock.
tonished, 4 large part of the Jersey
Centrafs big net income was derived
rom profits sccruing on its sale of. stock
and from two initial dividends on IT,
holdings of the Lehigh & Wilkes Barre
COAL company. a subsidiary. The Jersey
Ssrsra,,, Ssntrars rnsport also was commended
siooo. 900 had been appropriated for ad-
ditons. and betterments. which showed
that this road. al any rate. Is not re-
trenchings
High Price for Seed.
A prominent Mississippi cotton man.
VINO was on the moor of the exchange re-
centiy. showed telegram from home that
SAID that $50 ton was being paid for
cotton seed. This means $50 to the farm
er, Whatever may be the demand for
the lint. 1t is evident that the seed is
much wanted Just what $50 ton for
seed means will be understood when IL
is stated that s36 ton means SIS for
make up one 5oo-pound bale. This means
that the planter IS getting almost as much
for his seed as he once obtained for his
lint The same gentleman WHO received
for seed remarked Il have purchased
many a bale Of cotton for SIS" Some
years ago agriculturists were talking
about the possibility of a seedIess cot
ton. No farmer would care much for
cotton like that now. There is lint
less cotton, however. cotton whose
boil contains only seeds. At the present
price OF cotton seed there might be money
In raising this sort of cotton. II the
price OF seed continues to mount sky
ward some enterprlsins farmers Will un-
doubtedly experiment with lintless cot
ton.
Worlds Cotton Market.
Ono OF the most interesting features
Of the commercial situation is the con-
troversy over the Endorsement OF cotton
bills of lading. and there are those who
are Of the opinion that before II is over
there will be some charges which will
have far reaching effect. The foreign
banker has played a pretty prominent
part In the handling OF the cotton crop
heretofore and has made very pretty
profit out OF It, In order 10 avoid losses
for which he himself has pecn largely
responsible. because OF loose business
methods. lie has tried to make the Amer