The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1874-06-11
l'ne cotton Z, gs,nVent ton.

AUGUSTA. Ga. June s10.-The Cotton Ex-
change Convention organized with the fol.
lowing officers John Phelps, New Orleans,
president: C. A. Ea.ton, New York, vice.
president; John Staff, Memphis, secretary.
After the organization the Convention re.
cessed until / O'clock in order to give time
to appoint committees and prepare business.
Afternoon Sessi0n.--The Convention re.
assembled at P. NJ. The President an
nounccd the following committees: On crops
and acreage reports; on receipts and ship
ments and close watch on details of figures
from the cotton exchanges; on interior
movement and larger reports from the into
Iior; on count Of stock once month; on
southern and Northern consumption on
overland movement, totat crop figures, me-
neurological reports, information, and stats
tics.
&. FL. Easton, of New York, chairman Of
the Committee on Country Damages and
Uniformity OF Bales; S. E. Richards, Of Gal-
weston, Texas, chairman of the Committee
on Uniform Classification John Chaffee, Of
Ne" Orleans, Chairman Of the Committee
on the subject of resolving this Convention
INTO National Association and the admis-
SION OF additional Cotton Exchanges: j. w.
Lathrop, OF savannah. Ca, chairman of tile
Committee on Telegraphing II. G. Hester,
OF New Orleans. chairman Of the Committee
on Foreign and Domestic Bills of Lading.
On motion of Mr.. Walter, Of Charleston,
5. c., the subject of a uniform system of
weighing cotton was referred to the Com.
mttee on Classification.
Mr. proudft, of Memphis, read the pre-
amble and resolutions aud the argument
adopted by the Memphis Cotton Exchange.
The paper is very lengthy, and covers the
whole subject Of cotton produced and its
consumption.
1t recommends that the Convention petit
ton Congress 10 make an annual appropria.
ton sufficient TO furnish accurate informa-
ton III reference to the cotton crop. The
appropriation to be placed with the Depart
ment of Agriculture and Signal Bureau, and
TO be used especially for purposes of obtain
ing information rs to the acreage annually
used in planting cotton; the number Of la
borers employed: the average annual pro-
duction of each district and State, and the
condition Of the crop from the time OF plant
ing to final gathering; and providing for the
publication Of more accurate monthly re-
ports. 1t also provides for establishing signal
stations at various points from North Caro-.
lima to Texas, TO be in charge Of competent
officers. whose duty it shall be to keep an
account of the rainfall and temperature, TO
be telegraphcd every Friday to the secretary
nearest the Cotton EXchange-al informa-
ton to be consolidated by the New Orleans
Exchange, and be distributed to the various
Exchanges throughout the country.
The paper was referred to the Committee
on Country Damages.
Mr.. Smith, OF Boston, moved the appoint
ment Of Il Committee on Tare. Adopted.
Boston, New York, Baltimore, Norfolk,
Charlotte, n. c., Wilmington, n. c., Sayan-
nah, Ga, Charleston, :. G., Atlanta, Mont
gomery, Opelika, Mobile, New Orleans, Gal
weston, Nashville, Memphis. Cincinnati,
and st. Louis are represented in the Conven-
ton. About one hundred delegates were
present, embracing many of the most influ-
enfial aud intelligent cotton factors of the
United States.
The Convention adjourned until to-mor-
row morning at O'Clock, in order to give
the committees time TO prepare the reports
on the subjects referred TO them.