The Panola star. ([Panola] Panola County, Miss.) 1856-1857, 1856-09-10
EEEIS "a CO.'S
TWENTY-SEYENTH ANNUAL

y
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. 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 well 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 7or7;nci-
plies. 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 So and
SO increased so per cent in amount
over the crop of "a 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 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 our
patrons were benefited 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 sale-to
wit: If we sell bale of Cotton
amounting to $50, our pay is Zoe; 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
y per cent. is indefinitely represent
Ell as Il Orodigioas sune, and prove its
legitimacy in contradistiutiOn to 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 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, piedging themselves
to do a 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 feunda-
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 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-
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
Iemphis, Aug. 81, 1856. n31-tf.