Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1874-08-13
FIRST BALES.
sales by Auction At the Cotton Ex-
ehaBge-Priees Paid. 36 Cents, S5
Cents, and IS Cents Per
POunu.
senatObia, Miss Shelby County, Tenn,
and Presidents island Repre-
sen1ed-Names Of the
ParchaseFs-Efe.

Yesterday morning large crowd Of
merchants, bankers, and other business
men, assembled at the cotton exchange
to attend the auction sales OF the tTO
first bales of new cotton received in this
market. Mr.. A. E. Franklsnd, the ge-
nial gentleman and reliable auctiOneer,
mounted the stand and opened the bids,
the first bale offered being that grown
on Mr.. John Mason's plantation, near
SenatObia, Mississippi, and presented by
the well-known house of Stanton, Moore
& Co., of No. 322 Front street. This
bale classified as strict middliBg, and
weighed five hundred and forty five
pounds. The bidding was quite spirited,
and there was a general enthusiasm
manifested among the assembly present.
at last the bale was knocked down to J.
G. johnson & 90. for the price paid, be-
ing twenty-six cents per pound. The
next bale offered was one grown by A.
G. Brewer, ON Presidents island, below
this city, and consigned to Ely, Harvey
& Richardson, who are among the lead
ing and best cotton men in the entire
south. This is the only bale of cotton
Shelby county has ever been able to
place first on the market, a fact
which should be cause OF
pride to Teupesseans, especially
those of Shelby county, and a triumph
rejecting great credit upon the great
house of Ely, Harvey & Richardson.
These gentlemen are not only energetic
and deserving, but are always among
the foremost to advocate whatever tends
toincrease the prosperity of the city, and
most active to encourage all measures
looking to the future good of our COM
munity. The bidding on this bale was
also spirited, showing that our business
men are ever alive to the best interests
of Memphis, and are not unmindful of
the interests OF planters. This bale was
at last sold to Mr.. J. H. Black, one OF
the best and most diserete buyers in the
market, the price paid being thr ty- five
cents per pound, the classification being
low middling. In honor of the auction
eer, Mr.. A. E. Frankland, the recently
elected tax-collectOr, the bale wSs chris
tened Bartlett" with an unusual liba-
ton of champagne. 1t is unnecessary
to say that this feature of the auction
was very agreeable and fully enjoyed,
thanks TO the kindness of Messrs. Ely,
Harvey & Richardson.
lhe third bale sold was grown by w.
P. Mitchell on Presidents island, and
consigned to the old and popular firm of
Hill, FJntaine & Co, who are among
the most public spirited citizens
of Memphis The bidding on this bale
was quite spirited, and it was finally
purchased by Hartmus d Co. for twenty
eight cents per pound.
A note was read from Captain ALI. G..
Tu,her, of the Union star line, that his
company would carry the bales, free
of charge, to any of the cities of the
United States or Europe. Tne following
communications were read:
MEMPHIS, TENN August u, 1874.
The Virginia and Tennessee airline,
UiG Memphis and Charleston railroad
and connections, will transport, free of
charge, from Memphis to any point in
the United States, or to Liverpool, by
passenger-train to Norfolk, thence to
destination, either or all of the first bales
of new cotton to be sold to-day at the
cotton exchange. J. c. LOPEZ,
General Freight agent.
A. E. Franklsnd, Esq, Auctioneer:
DEAR SIR-Please announce to the
purchasers at the sale of the first bale of
Shelby county cotton of 1874 that the
Louisville and Nashville railroad will
carry it to New York or Boston by pas
senger-train free Of charge. Very truly
yours, ROBERT GIBSON,
General Passenger Agent