patent coffee roaster at 107 Warren
Street, New York. Since then, there have been four removals. In
December, 1908, the business moved to its present uptown location, at
the northwest corner of Eleventh Avenue and Forty-third Street,
occupying a six-story building which was doubled in size in 1917. This
Burns factory has been referred to as "the unique coffee-machinery
workshop", the greatest establishment of its kind in the United States.

Upon the death of its founder the business was continued; first, as the
firm of Jabez Burns & Sons, composed of his sons, Jabez, Robert, and A.
Lincoln Burns; and later, in 1906, incorporated as Jabez Burns & Sons,
Inc., with Robert Burns as president, Jabez Burns as vice-president,
and A. Lincoln Burns as secretary and treasurer. Jabez Burns died August
6, 1908. The present officers are: Robert Burns, president; A. Lincoln
Burns, vice-president; William G. Burns, general manager; and C.H.
Maclachlan, secretary and treasurer.

[Illustration: JABEZ BURNS]

A. Lincoln Burns succeeded his father as editor of the _Spice Mill_.
William H. Ukers was made editor in 1902, and he continued until 1904,
when he left to assume editorial direction of _The Tea and Coffee Trade
Journal_.

_Coffee-Trade Booms and Panics_

In the last fifty years there have been many spectacular attempts to
corner the coffee market in Europe and the United States. The first
notable occurrence of this kind did not originate in the trade itself.
It took place in 1873, and was known as the "Jay Cooke panic", being
brought about by the famous panic of that name in the stock market.

As a result of the Jay Cooke failure, it was impossible to obtain money
from the banks. Hence buyers were forced to keep out of the coffee
market; and as a consequence, the price for Rios dropped from
twenty-four cents to fifteen cents in the course of the trading period
of one day[349].

Another interesting development during that year was of foreign origin.
A coffee syndicate was organized in Europe, financed by the powerful
German Trading Company of Frankfort, with agencies in London, Rotterdam,
Antwerp, and Brazil. For more than eight years this proved to be a
highly successful undertaking, largely controlling the principal
producing and consuming markets.

As far as the American coffee trade is concerned, the first sensational
upheaval took place in 1880-81. This period witnessed the collapse of
the first great coffee trade c