Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1871-01-12
OF COMMERCE.
Arrangements Ter a Daily ~Chahgs-Rales
and Regulations for Sale Of Produce
and Grain.

An adjourned meeting ofthe merchants
and dealers of the city was held at II
o'clock yesterday morning, in the
Chamber Of Commerce, for the purpose
Of finally perfecting a plan for q produce
exchange. In the absence Of the Chair
man, Colonel Pinson, who could not st
tend in time owing to indispositi0n, J,
W. Dickinson was made. Chairman. Then
Mr.. Trousdsle, the Secretary, read the
report of the committe that had been APP
pointed to alter and amend the resolu-
JiOns adopted at the previous meeting. Il
is as follows:
MEMPHIS, Tenn, January II, 1s7L.
Hon. r.. A. PinsOn, President Chamber OF
Commerce, Memphis, Tenn:
Your committee, appointed to draft
suitable resolutions to facilitate the sale,
delivery n management Of grain and
general produce, beg to submit the toll
lowing resolutions:
1. That this body of grain and general
produce merchants and dealers constitute
a part and parcel of the Merchants Ex-
change, subject to the same rules and
regulations; and that all members of the
! Chamber have access thereto.
2. That all merchants be earnestly re-
quested to offer by samples their mer-
chandise and general produce for sale on
Change.
3. That no person who is not a regular
member of the Chamber shall have the
privilege Of selling on Change, but any
one may buy on Change.
4. That the hours of Change shall be
from II am. to 1 p m.each day, and at y
m. the Secretary shall read aloud the tel
egrams from n cities quoting general
prices.
5. That a committee Of three be appoint
ed to negotiate for kilograms from sister
cities-such as will best suit our pUr-
pOsss-quOting the prices Of general pro
duce.
s. That the agents for steamboats, and
railroads landing here be requested to
furnish our Secretary with bills lading
and manif5sts as early as practicable, who
shall place them prominently in the ball
of the Chamber OF Commerce for the in
formation of all.
7. That members hereof promise not to
retail grain or general produce on the
leYee, or in their respective offices, when
they can conveniently avoid it, but will
endeayor to make Change a live, useful
and interesting place.
8. That the purchaser have till 4 pm.
on day of purchase to receive, at the
expense and risk of the seller, but shall
receive at 4 pm, and be responsible for
all expenses and damages thereafter.
All Of which is respectfully submitted.
j. W, DICKINSON, Chairman.
The report was unanimously adopted,
and ordered to be presented to the next
meeting Of the Chamber of Commerce.
The proposition made TO suspend for a
few days the publication of the names of
C~Onsignees Of freights in order that mer- I
chants might 60 10 the Chamber Of Com
merce 10 ascertain facts, and now fur
nished by newspapers, was not approved.
The reason assigned was that even after
going to the hall of the Board Of Trade
o La HnnHnLn-F -ar41I Hrlra 1900 La.E- - ]
his office and look carefully over the
list Of c~Onsignees. The purpose
Of the proposition was simply to compel
temporarily every dealer to attend
Change, but the steamboats, would lose
B goo advertisement, and so would the
5Onsignee. As the receipts of COnsignees
now published, every morning, each
knows where to go. II the con
names were not given, lhe would
90 promptly to the proper place
20 acquire such information. But
proposition was opposed, n since
he author was not a merchant and did
lot know more of Uch matters than
hose practically interested he withdrew
G.. Application will be made to the rail-
Dad companies to furnish a list of con-
10 be exposed in the hall. Why
hOuld those companies subject them
to this trouble when the newsps-
furnish tradesmen with all the facts
he companies would WISH to make known
u order to effect the removal of freights.
AtJer the Board is in successful operation
hess publications might well be renewed.
.uch were the reasons given for the pro-
OsitiOu made. I
The Chairman, MI. Dickinson, said that !
was important to meet punctually at II :
clock every morning. If you wish to
this thing a success buyers will :
Dme here and not 60 TO stores, and thus ;
sellers TO bring their samples. ;
The hall of the Chamber is now a regu- :
II exchange. The movement wss fully ;
iaugursted yesterday. There were hun .
Of samples of all sorts Of produce, =
nd the buyers and sellers were quite :
v8ly. :