The Panola star. ([Panola] Panola County, Miss.) 1856-1857, 1856-08-27
TUS&CO.'S
TWENTY-SEVE 1NNU1L
CIR Gull AR.

=
and 81 in the great staple Cotton, is
close upon us. We congratulate our
friends and patrons upon the hattering
prospects of good prices for the pres
emf growing crop. Adyices from Eu-
rope of late date are very encouraging
to the producer, and the heavy adj
vances in the manufactured article
leads us to the conviction shat prices
OF the raw material will be well sus
tanned during the entire season.
But recently we deemed it expedient
to disconneet 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, ap0a legitimate 22r1nci-
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, lhaying,
as is evidenced by the crop Of 50 and
90 increased 80 per cent in amount
over the crop Of 81 and $50 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 preyicu 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
ghe same articles at ourselves with
the actually and necessary expenses
attached. I he result Of the past sea
sons operations have satisfied us fully
that our previous convictions were
correct, and we feel assured that our
patrons were benefited 5 to = per
cent. on all their purchases of Sup
plies.
Our charges for receiving, storing,
selling, sampling and weighing Cot
tons consigned to Us for sale is p per
cent. on the gross amount OF saIe-to
Wit: If we sell bale of Cotton
amounting to $50, cur pay is 7jc; 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 q
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
, per cent. is indefinitely represent
ed as a pr0digioas Sual, and prove its
legitimacy in contradiStinti0n to the
various charges instituted and estab-
! lished by most CT 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 ont Of
your Cotton alone that we survive,
ard it is by leg;tjmatc commis9joR.
This system Of business we have
pursued for the last twenty-seven
! years, and more particularly have we
warrcd for it since the breaking Of that
compact entered into by the merch-
ants Of Memphis, pledging themselves
to do a legitimate business. And 10
those friends who have stood by us
during the whole time, we return our
most heartfelt thanks; and the evil
dcnces Of others VINO 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
merohantile operations, as pursued by
every city in the entire commonwealth.
We are we'll supplied with various
and good brands Of BAGGING and
ROPE, which We offer to our custo-
mers at original cost, with actual ex-
pcnSes attached.
The Tax upon Cotton in the hands
of merchants for sale will not be charg-
ed to our friends.
al Cottons consigned to lis viii be
insured unless otherwise advised.
TITUS & Co,
Bank Building, opposite the Com
merGal Hotel
Memphis, Aug. 81, 1856. n@1-tf.