The Panola star. ([Panola] Panola County, Miss.) 1856-1857, 1856-09-10
TITUS & cos
TWENTY SEVENTH ANNUAL

u y
and 81 in the great staple Cotton, is
close upon us. We congratulate our
| friends and patrons upon the fattering
prospects of good prices for the pres
emit growing crop Advices from Eu-
rope of late date are very encouraging
to the producer, and the heavy ad-
vances In the manufactured article
leads us to the conviction shat prices
of the raw material will be we'll sus-
tanned during the entire season.
But recently we deemed it expedient
to disconnect the two branches of
business, and determined to give our
undivided time and talents to the
| faithful discharge of the COTTON
FACTORAGE and COMMISSION
BUSINESS, upon legitimate zrinci-
pies. We made this severance upon
mature deliberatiOn, and from causes
that we concluded would be mutually
satisfactory to ourselves and patrons.
The heavy increase of the receipts and
sales of Cotton in our city, (having,
as is evidenced by the crop of '55 and
SO increased 80 per cent in amount
over the crop of sd and 3d. taken in
connection with the establishment of
! large, good Wholesale Grocery
Houses, left it conclusive with us, that
our entire time would be required for
that department of our preyiou bust
ness that we adopted, and that the
purchase of Supplies for our friends
could be made of wholesale houses at
prices much lower than we could sell
| the same articles at ourselves with
the actually and necessary expenses
attached The result of the past sea-
sons operations have satisfied US fully
! that our previous convictions We're
correct, and we feel assured that our
patrons were benefited 5 to 7. per
cent. on all their purchases of Sup
plies. a.aass sae
| Our charges for receiving, STEERING,
selling, sampling and weighing Cot
tons consigned to us for sale is 2 per
cent. on the gross amount OF sale-to
wit: If we sell bale of Cotton
amounting to $50, our pay is 75c if
for $40, our pay is 81 90. This we
deem and insist is legitimate. BY this
charge the interests of the Producer
and Seller is mutual. If we get a
good price, we get good pay; if low
price, our pay is small We are
thus particular in exhibiting our aver
age compensation, from the fact that
p per cent. is indefinitely represent
! ed as a 31rOai.@tone saB,, and prove its
legitimacy in oontradistintion DO the
| various charges instituted and ,eStab-
liShcd by most of our merchants
We freely confess to our patrons that
| what We make comes directly out of
| their Cotton, We can whip the Devil
around no other stump; it is out of
your Cotton alone that we survive,
and ii is by irgjtisr ME commissions.
This system of business we have
pursued for the last twenty-sevcn
wears, and more particularly have we
/ warred forit since thc.brcaking of that
compact clEcrcd into bv the merch-
ants of Memphis. ple,igiIIg themselves
| to do legitimate business. And to
/ those friends who have stood by lis
! during the whole time, we return our
most heartfelt thanks; and the evil
! denceS of others who left us and re-
turned again, are indeed gratifying
We may safely assert that this, like
other things based upon false founda-
TONS, must, ere long, give place to the
regular and systematic principles of
merchandise operations, as pursued by
every city in the entire commonwealth.
We are well supplied with various
and good brands of BAGGING and
ROPE, whiGb we offer to our custo-
mers at original cost, with actual ex-
| penSes attached
The Tax upon Cotton in the hands
of merchants for sale will not be charg-
! ed to cur friends.
All CottOns consigned TO MS will be
insured unless otherwise advised.
.s TITUS & CO.,
Bank Building, opposite the Com
merGal Hotel ...
Memphis, Aug. p, 1856. n31-tf.