, 1874-06-12
Adoption Of q Plan for the 0ompila-
ton Of Statistios.
Provisions to Prevent F0lso Nnu
Fraudulent Packing.
Proposition for q Uniform System Of
Classification.

AUGUSTA, Ga, Juno 11.~-The Cotton Exchange
Convention met at 8 O'Clock. J. W. Lathrop, Of
Savannah, Chatrmnn OF tho Comtnittoo on Per-
mauont Organization, reported In favor Of per
manont organization to bo known as the mn
tional Cotton Exchange" tho present officers to
told over for twelve months.
REPRESENTATION.
Thoy recommended tho formation Of Ex-
changes all oyor tho country, exchanges repro
senting net receipt Of $4,000 to 100000 bales
yearly to havo one delegate and one voto In tho
General Convention, Will, M additional voto for
evory 100, 900 bales, and Exchangos representing
over 100000 bales to bo eutit1od to two deio-
Rntos bach, with ono vote for every 10o 900 balaB
represented.
Tho report was amended on motion Of 9. ".
Rowland, Of Cincinnati, by adopting aa q basis
IT representation TINT each Cotton Exchange
handling 81, 600 balos or moro DO entitled to two
aelogatos IN tho National Board, aud those Ex-
ohangos handling moro than 100000 bales bo en-
titled to an additional delegate for each loo, 900
OF additional rccoipts. Tho report as nmonded
3. r. Baker, Of Now York, moved tho appoint
mont Of committee to draft constitution for
tho government Of the National Cotton Ez-
change, to report at the next annual tnootipg.
Joan plelps. President Of the Convention, is
Chairman Of tho Committee on Constitution.
BTATtaTrCa.
John Watta, Now Orleans, Chairman Of tho
uh,Committoo, reports through Charles Il.
too on Information and Statistics, as follows:
Wo recommend tho several Cotton Exchanges,
South, to send to thoir correspondents in tho
county uniform sorios OF intorrogatorios on
tho first ut zach month, commencing on tho 1st
of May. and end1ng on tho 1Bt OF Novenqer Of
each yonr. rolativo to tho planting, condition,
cultfyatfnE, aud gathering OF cotton crops, aud
TINT roplioH to Huoh questions be closed aud
mailed not iator than the 10Th of tho month on
fPnh fhepFnra Ranf and thai Fxr1 a,
compile suoh answers bv an average, and that
such compilation shall bo Bont to a Central E1-
change, which tho Cumnlittoe recommend bo the
il,w., Now oIeans !, Exchange on TIC 25sh Of oaeh
sllal issue tnorofrom general crop report
under tho supervision OF tho Committee on
Information aud 5tatiatiea. Tho Norfolk Ex-
ehango shnll report tho condition OF tho crop IN
ytrginta and certain counties named in North
Caroliua. Tho Wilmington Exohango shall re-
port North Carolina; the Charleston Exchange
report South Carolina the Augusta aud Bavan-
!lat Exchanges report Fiorida aud Georgia ; the
as tho Summit Land AlountainB aud certain coun-
ties in Aiissfssippf; tho Nashville Exchange to
report Middle Iennossee, east OF the Tennessee
River, and certain countieB in Alabama the
Memphis Exchange to report Tennessee, weBt Of
tho Tennessee liver, and certain counties IN
AIisaisBippi and Arkannas, north Of tho Arknnsaa
Rivor the st. Louis Exchange to report Mis-
sour, Kansas, Illinois, and 1udian ferrltosy
tiona Of MlssiaBppi al Of Louiaiana, md Arkal-
Bas, south Of the Arltansas Riyor; tho Galveston
Exchange to report Texas: The report recon-
mcnds that tile intorionr towns namod therein
ss:snss S'' sossssn ssess "a assP Ss'' s' ~
shl!'tAonts for tho wook. Also tho ntoek
Oh hand, Ill receipts to DO considered net whom
named in tho report. It is further recommended
that rain-fall and average temperature 10 Kept
at interior towns, specified and telegraphod
avery Friday to NoT Orleans, Each Exchange
att,s i t. c9es aas1F;e{ from mills ocsea liz in tic
sumption mud stock Oh hand. Tho returns arc
to ho made to tho Now Orleans Exchange or to
point solicited for oil other reports.
Iha report was adopted.
William Whitelock. Of New York. Chairman Of
the Committao on Domestic and Foreign Bills
ct Ladug, recommends that this CouYantion
advocate the requirement BY ehippsrs from
the entire number Of all billa Of ladng signed
for any particular shipment specified III thebody
OF the same, 4 copy of bills Of Iai:ing thus OBJ
tainod to bo handed to the captain or ageut and
not to bo negotiable. Adopted.
REoLAHAII0H.
Tho Rame Committee submitted report on
the anbioct Of reclamation for false aud frauau-
dently packod cotton, and claims thoraon. Falao
nnd fraudently packed cotton shall be defined as
folfoTs' Such bales aH may contain any foreign
substance. Water-paekod bales, or bales cot-
talnuK damaged cotton in tie interior without
any Indication Of such damage upon tho exterior
OF tha taloa and such batcH as arc plated or
con1poaod Of good cotton upon tho oxtorior and
decidedly inferior cotton IN the lntotior Of tho
balo IN snch manner as not to be detected with-
out opening the balo.
PACKING.
Forms Of certificates for Irregularities in the
packing of cotton applicable to all places for it's
distribution, aro appended to tho report. The
rfRtfft toh Rial
tiitatas be forwarded to Europoan markets as
those adopted by tho National Convention of
lotion Exchanges, aud that claims for falBo Or
tauduIentfy-paaked cotton must conform to
en, t.ane otherwise thoy wil not bo recognizea
:, W. Il. Trenholm, Of Charleston, Chairman of
}Ae Committee on County Claimago and Uniform
r. In Dales. recommends that Especial committee
90 appolntea, wlsh authority to confer with the
srpnol 8hip- Owners Association, and all similar
lsRociationB, with view to tho oBtab}iuhraeuk Of
lust rules. Creator attention to tlio proper pro-
paration and nalnE OF ootson js requested. TAay
'uggest the t0lle"ing ,nn
Cotton to weigh $50 to 500 pounds 10 tho bale.
press-boxeB to be constructed of tho following
dsmonsiona,: Length, foot inchcs; and Width,
Tho Committee, lnying considered oommu-
nication !, from tho Galveston Exchange
to tho Nav. York Exchange. and by tho lat.
teF Dody !alu before tho CouYontou, recommend
tue adoption at resolutions urging upon pro-
dueera greater caro- In gathering aud handling
cotton, such as will prevent tue ruinous mixturo
of dltforos't adah,-cloaned, trashy, Wot and
dry cotton Ia tho sau1o halo o-rosulting Ia loss to
Hrod1scers untl buyers that proa,cors DO en-
99oined to provide suitable shelter Tor cotton;
that tho dlNorent exchanges provide for and Cit
force tho prosecution ct e.aea Of fraudulent or
falholy-paoked cotton that may como to their
kuowledge; tlat the several associations
herein rePreaentoa mamorialize thoir so-.
speotlvo Legislatures to euact laws to compel
iaroaa an ossaa ptMnn, 70 % s#o receipts for e
transportation, and that they ba required to
provide such a!,oltor and platforms US may DO
ueeoAsary to protect tho same from oxpos ttio to
tho weather Or depredatons Of cattle, Aloptod,
CLASSIFICATION.
John ohatreo, OF New Orleans, Chairman of
the oomnaitteo Oh Classification, reported us fol.
lows: Wo recommend tho adoption Of uniform
uiaesihcation Of cotton throughout tie United
gtatas, to ba called the standard American Glass
itlcataon. and that this Convention request all
ftHfthn EyrhnnfYaN n n}rtn ..i.