Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1874-06-12
WEDNESDAY,.

At,ausrA, GA, June l0.-The cot
ton exchange convention organized
to-day in Atlanta, Georgia, with the fol-
lowing officers: John Philips, New Or
leans. president; G. A. Eastoni New
York, vice-president; John 5. Ioof,
Memphis, secretary. Boston New
York, Baltimore, Norfolk, Charlotte,
Wilmington, Charleston, savannah,
Atlanta, Montgomery, Opelika, =, oolie'
New Orleans, Galveston, NasEVHiei
Memphis, Cincinnati and St. Louis are
represented in the conyention- About
one hundred delegates are present, em-
bracing many of the most INFLUENTIAL
cotton factors in the United States.
The convention took arecess till even
ing.
When the convention re-assembled,
the president announced the following
committees: s,aa i"H
On crops and acreage reports; better
system OF receipts and shipments, and
closer details and figures from cotton ex-
changes: interior movement, and clear
age reports from interior towns count oi
stock once q month; southern consump-
ton; northern consumption; total cror
figures; me, genealogical reports; informa'
ton and statistics, c. A. EsstOn, o.
New York. chairman.
On country damages ana uniformity
Of bales, c. e. Richards, Of Galveston
chairman ..-...
On uniform classification, John Chaf-
fe. Of New Orleans, chairman.
On the subject of resolving this con.
vention into a national association, and
the admission Of additional cotton eX'
changes, J. w. LsthIop, of Savannah
chairman.
on telegraphing, A. G. Hester, Of New
Orleans, chairman.
On foreign and domestic bills of lad
1ng, William Whitlock, Of New YORK
chairman.
On motion of MIR. Walton, of Charles
ton, the subject Of a uniform system o.
geishing cotton was referred TO the COM
mittee on classification.
Mr.. Proudft, of Memphis, read The
preamble and resolution, and argument
adopted by the Memphis. cotton ex
change. The paper is very lengthy
and covers the whole subject Of cottoT
groduction and consumption. ItIecOm
men6s that the convention petition
congress 70 make an annual appropria
ton sufficient to furnish accurate in
formation in reference to the cotton
crop. The appropriation 10 be placed
with the department Of agriculture and
signal bureau, and to be used specially
for the purpose of obtaining informs'
Son as to the acreage annually used in
nls,.ting cOttons; the number ol
iaborels employed; the average an
DuaI production Of each district
and the state and condition
of the crop from the time of planting tc
the fnsl gathering, and providing fol
the publication of more accurate month
ly reports. 1t slso provides for estao
lishing signal stations nom North Gag
lima to Texas, to be in charge Of coApe'
tent officers, whose duty it shall be t(
keen account. OF the raipfalL aud temper
ature. TO be telegrsphed every FrGRy (
the secretary Of the nearest cottoR seS
ehenge. All information - TO be con
solidated by the New Orleans exchange
and distributed to the various exchange
throughout the country. The resolution
was referred TO the committee on coun
Try damage
Mr.. Smith, of Boston, moved the sp
pointment of a committee onz tsre
which was agreed to.
The convention adjourned until TO
morrow, in order TO give the committee
time TO prepare reports on the subject
referred TO them.