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Show LINTERS, GUN POWDER AND POTASH The following letter received from Mr. A. G. -AI. Martin, of Martin & Sons, Inc., Petersburg, Virginia will we think, be of in-terest in-terest to the cotton trade : "Words are things, and a small drop of ink, falling like dew upon a thought, produces that which makes thousands, perhaps millions think." The newspapers are full o the rumors that England is mobilizing her American and Gaudaian stocks with a view of sending them to the United States as a basis of credit. Of course, it is a matter of speculation in what direction this credit is to be used in case England is able to carry through her reported intentions. It is a well established impression impres-sion that should the war end soon, cotton would advance to a higher price on account of the scarcity in neutral as well as belligerent countries. It is noteworthy that with every decline in price of futures fu-tures in New York, that brokers who are supposed to represent English, dealers arc the largest buyers England through her navy, it must bo remembered, already has and is now curtailing the consumption con-sumption and preventing shipments ship-ments to neutral countries. Is it not possible that this is a scheme lo buy in New York and New Orleans Exchanges enough to control con-trol the crop, and when peace is declared that wc will wake up to find that England holds the slock of cotton of the world and woulcl thereby reap a rich harvest on the sale of it. It is not generally known the amount the Powder Mills are taking. tak-ing. The new Du Pont Mills at City Point, Va., consume now 800, 000 pounds per day, or 580,000 bales of linters and cotton per annum, an-num, and this amount wil soon be increased on account of the enlargement en-largement of the works. It is supposed that this mill takes about 5 per cent, of the total amount of cotton going into powder. It maj' be interesting to know to what extent some manufacturers manufactur-ers of fertilier are resorting to get this potash. They cannot get it from Germany any more. Last year there was a very large crop of peanuts grown in Yirginiaa, North Carolina, Texas, Mississip, pi, Alabama and Arkansas. The crop was so heavy that prices for the nuts ruled verv low. An en terprising fertilizer manufacturer manufactur-er on account of tho high prices of cotton seed, experimented and found tli at these nuts made a very superior grade of oil, besides leaving a cake which contained 3 per cent of potash and 9 to 11 per cent nitrogen. Therefore, we now see that hundreds of thousands thou-sands of bags of peanuts are being be-ing ground into fertilizer for cotton cot-ton costing from $40 to $50 per ton and this with only 3 por cent potash, and all that can be manufactured manu-factured it readily contracted for by cotton growers. |