New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1859-11-08
To the Cotton Trade.

AT meeting of cotton buyers and cotton brokers held the
18th of October last and convened for the purpose of deyng
10 redress certain abuses and grievances existing in
nec,ion with the trade of New Orleans the following
resolutions adopted:
l. That the practice followed hitherto by factors Of offering
for sae dusty and sandy parcels of along with other
parcels free from such defects be dscountcnnned BY buyers
and in order do this the eectuay dusty and sandy
cottons hereby declared unmercana aud factors
recommended to rel them separately their merits
That sellers of shall be held responsible for just
ecmatons for false packed cotton the following clause that
effect being inserted the brokers' aud also in
invoice rendered the buyer Subject claims for false
packed cot,on.H
That the practice of the rrese. replacing
without the of the be
fraudulent substitution that II shall be treated such, and
the fact reported the count1ec be hereafter appointed for
that and other for such action the CRAFTY of the
may require and buyers and shippers OF
themselves uphold the action Of the committee if
carry with the necessity discontinue receiving cotton
delinquent Press long II remains under the open
covered control Of the offending party.
That the charge Of five bale made by The Presses
not ordered for shipment the day received be
longer paid provided the shipper gives the COMPRISING order
the day the cotton received and the vessel the day
following.
That buyers agree pay charge of fifteen per
which the attempt from those
buyers who wish their cotton uncompressed the
day it is delivered.
g. That factors shall replace iron hoops with ropes unless
special contract is made to the contrary.
I. That standing committee comprising fifteen cotton
brokers' appointed take action violation of the rules
adopted this meeting, and also adopt such other rules
amongst themselves uniform and satisfactory
method Of receiving cotton
resolution refoma,oy of the method of weighing cotton
practice introduced but having been carried by
majority only, here omitted leaving the question
open further action to be taken practicable
charged by the Presses has not been
upon the established city ordinances every buyer
has the remedy N his own hands.
The standing fifteen brokers be appointed in
lailI
shortly organize.
document embracing resolutions deposited for
signature parlo Of tho Crescent City Bank snd will! be
left the 18th instant icing understood
proposed shall be binding only sufficient
number Of signatures list of those who have
signed up will then be made public and the
present arrangement declared final left open for further
action, az the may be-
COMMITTEE.
AUGUST BONN, of j. Lecesne d Co.
D. HUBBARD, of Greeneaf & Hubbard.
ARMAND HEINE, of A. & NJ. Heine.
GABL. VIM. COUVES, of Peter Maxwell Co.
j. KRUTTSCHNITT of Reichard & Co.
New Orleans, Nov 4, 1859. n5 2pd
IL. ii. Tyler.
ITO CANAL ST........................kEW ORLEANS.
Dealer in
FINE WATC H f S, CLOCKS S.
u Il w II Il HY,
SILVER AND PLATED WARE.
Manufactures Order
Silverware and JeSvelry.
DIAMONDS RESET, WATCHES, CLOCKS and JEwELRY
REPArRED. ie6 2ptf