Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1867-09-17
T00F, PHILLIPS & CO.,
Cotton Factors,
GrOceFs and Commission Merchants
zee Front Street,

30. 2O4 Front Row.

mGAEaAai AA4@'t DSiN~AANsA = -Hf.
Dear SIR:
In recording the close OF another commercial
year and the advent or the new crop OF cotton,
now cOmtng into market, we desire 10 agaln
communicate with our planting friends and
present them with such suggestions and ftatis-
tics a the occasion may require. y year ago
prices were six cents higher than to-day, but
the future was much mcle gloomy and uncer-
tain. Labor throughout this entire section
was totally ACKNOWLEDGEMENTS affairs alto
gether u~npromi-lng, and doubt and dlstrust
ruled the public mind. And although there is
sulla wide margin for Improvement in these
respe rs, a bounHml Providence has not failed
- bless our people With an abundant cereal
harve T. while the prospective yield or the
great staple Is generally encouraging. The
season opens with a smaller stock in hand
than known before in many years. the total
not exceeding 1900 bales, against 2Sl,OO0 bales
at this date last year. The stock OF manuTac-
tured goods Is comparatively small, the de-
mand East is reported active, and as manUfac-
turers will soon be com pelied TO enter the mar
ket Freely, 10 is fair 70 presume that shipments
in hand prior 70 the 10th or 18th October must
meet with remunerailVe prices. hOr these and
other reasons, among which viii be the saving
Of storage, insurance and other charges, 1t will
be our policy 10 place cOnsignfnents upOn the
first brisk market alter arrival unless other
wise Instructed, our firm belief being that
prices trN necessarily rule tOiger as The SeGSOn
d%dgdaces, and hence the quicker cotton is dis
posed OF ana the less charges allowed 70 accrue
upon IL, the betterit VIII be for the planter an 1
al concerned.
This branch Of our business will, as hereto
fore, be under the exclusive control of our Mr..
Cha J.. Philips, whose long and successful
connection with the cotton trade affords sufi-
cienL guarantee Of his ability to give entire
satisfaction to all the old friends Of the house
and as many new ones a. may favor US with
their patronage. our customers may rely upon
it that crTefH attention 70 INSTRUCTIONS ana prompt
returns for cotton lUieH SOtd, Will continue to be
our motto.
one word especially TO our old customers.
We are not Of that class Of sO.cailed Cotton
Factors" " so numerous in this city, who inva-
riably close their offices and leave for parts
unknown during the summer season, but who
as Invariably return in the fan, Ufer The crop
is Hadttred md Tie planter has no JglhT need
FOR udrdJtceS, 10 reap the harvest OF commits
sions, in competition with those YEpose assist
ance 20 the planter In time OF need has enabled
him to raise "a crop. This class neuer TiSheu dol
Tar IN he shape or advances, but are ever ready
to sell your cotton for you, after IL is made with
out their assistance. on the contrary, we have
stood by you during the trying financial press
ure Of the past four months in furnishing sup
pies that have enabled yOu to raise your crop.
We nave done this at no little Inconvenience
TO ourselves and at times when capital could
have been much more prOhtahly employed.
We now indulge the hope that yOu will meet
US halfway in the good work., by hurrying
your own shipments forward, and inducing as
many as possible OF your netghbOrs and friends
to do likewise
We also desire to remind our Arkansas
friends that Mai. il. Busby, formerly Of Pine
Bluff, is connected with our house, and VIII
always be pleased TO receive at least a share OF
the usine of his old friends In that state.
All c-Onsignments OF cotton or produce COW
cred by our Upeu Policy Of Insurance, unless
otherwise instructed,
Our stock OF Ragging. Rope, Iron Ties and
Plantation Supplies generally, VIII be found
mll and com lets, and supplied on. as iavOra-
bic terms as can be fouuui in the city.
Confident OF our ability TO protect any inter
esJs cOnided to our care, and profoundly CRATE
ful for the liberal GIvOr5 hitherto bestowed up
on US, we respectfully solicit y OF
the same. Truly yours,
SELF WIN Iit1F. & co.