New Orleans daily crescent., 1859-11-12
To the Cotton Trade,

AT meeting Of cotton buyers brokers held on the
h o October last and the purpose of deyisn,
means 10 redress certain abuses and grievances existing in CON
necton with the cotton trade Of Orleans the following
resolutions adopted
l. That the practice followed hitherto by factors of or
i' sac dusty and sandy parcels of along with other
PARCELS ee from such defects he dscounenanced by buyers
and in order TO do this the eectuay dusty and sandy
coons are hereby declared unmecantabe and factors are
recommended to sell them separately their own merits
lat sellers Of cotton shall responsible. for any inst
eemaons Tor false packed cotton the following clause to that
eect being inserted in the note and also in every
invoice rendered 10 the buyer: Subject 10 claims far fos
packed cotton" y, ''i
J. Ihst the practice Of Presses replacing lost bales f
cotton without the the owner be tanonoup+ To
fraudulent substitution that shall treated as such and
the fact reported to the committee hereafter appointed for
~ ~ olhet purposes for such action the gravity Of the
case may require and buyers shippers of cotton
themselves TO uphold the action committee even If II
carry with the necessity discontinue receiving cotton Al
~ fress or so long as remains the open or
covered control of the offending party ~N "
That the charge of cents per bale made bv ,bo p
on cotton not ordered for shipment the day is reciyed b ~
longer paid provided the shipper the COMPRISING order
on the day the cotton received names the vessel The av
| following 'N' ''s '''
That buyers agree not charge of fifteen cents per
bale which the Cotton acmpt TO exact from boso
buyers who wish to their cotton uncopressed on The
day it is delivered. -
g. That factors shall replace iron boons with ronos ,1os
special contract made to the contrary
e ina' sahung committee, comprising fifteen cotton
brokers' be appointed on apy violation of e rr,,
ADOPTED at his meeting and also adopt such other rules
themselves to secure uniform satisfactory
method of receiving cotton
resolution reormaory of the method of weighing cotton
now in practice also introduced but having been H.
sn majority only, it here omitted leaving e o,ao;o
open Tor further action to be taken as practicable
Inc rate oil drayages charged Presses has M, o
onched upon as by the established ordinances every bpver
has the remedy in his hands e.
The standing committee of fifteen brokers Ia h,,,.
pursuance Of the above resolution has been pamed a IN;
shortly organize. ~ VIA
document embracing the resolutions is denosid for
signature at the paror of the Crescent City Bank and will M
eit here until Saturday the 18th instant being understood
a' e proposed arrangement shall be binding only IL sufficient
NUMBER oil signatures be obtained list of those bo have
signed up to the 10Th inst will be made public and the
arrangement be declared final left open for further
action, as the may be-
coMHtrTEE.
AUGUST BOHN, of j. Lecesne 81 Co.
D. HUBBARD, of Greenleaf g. Hubbard.
ARMAND HEiNE, of A. & NJ. Heine.
GABL. VIM. COUvES, of Peter Maxwell & Co.
j. KRUTTSCHNITT, of Reichard Co.
New Orleans Nov. 4, 1859. p5 o,td
f.. III. Tyler.
ITO CANAL sT........... NEW ORLEANS.
Dealer in
FINE WAT HE'S, CLOCKS
re. w H Il Fry.
SIL YER AND PLATED WARE.
Manufactures Order
Silverware and Jcyyelry
DIAMONDS RESET, WATCHES, CLOCKS and ,JEypIRy
REPAIRED. je6 2ns