The Panola star. ([Panola] Panola County, Miss.) 1856-1857, 1856-10-08
TITUS & cos
TWENTY SEVENTH ANNUAL

he DuSiHeSS toodSOn Vi the years 90
and 81 in the great staple Cotton, is
close upon us. We congratulate our
friends and patrons upon the flattering
prospects of good prices for the pres
ent 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 as 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-
piles. We made this severance upon
mature elaboration, 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 eur city, thaving,
as is evidenced by the crop Of % and
SO increased so per cent in amount
over the crop of "a and IS, 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 previou 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 were
correct, and we feel assured that cur
patrons were benefited ) to II per
cent. on all their purchases Of Sup
plies.
Our charges for receiving, storing,
selling, sampling and weighing Got
tons consigned to us for sale is p per
cent. on the gross amount of sale-tO
wit: If We sell Il bale of Cotton
amounting to $50, our pay is zoe if
for $40, our pay is 81 co. 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 a 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 pyoligi0as sum, and prove its
legitimacy in contradistintion to the
! various charges instituted and estab-
! lished 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 it is by legitimate commission.
This system of business we have
pursued fer the last twenty seven
years, and more particularly have we
warred for it since the breaking of that
compact entered into by the merch-
ants Of Memphis, pledging themselves
TO do Legitimate business. And to
those friends who have stood by us
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
merchantile operations, as pursued by
every city in the entire commonwealth.
| We are well supplied with various
and good brands of BAGGING and
ROPE, which 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 our friends.
All Cottons consigned to us will be
insured unless otherwise advised.
TITUS & CO.,
Bank Building, opposite the Com
mercal Hotel
, AJo,,,~L; - ar 1o-p .o1 lc