The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1877-12-28
Galveston Va. New Orleans Cotton Classi-
fcatiOn.

The circular OF MeSSrS. MOODY a. Jam1SOn,
cotton factors and commission merchants, OF
Galveston. from which extracts have been made
In the public prints of this city. and of which a
quasi endorsement has been given by one OF our
public journals. Is still exercising the minds Of
our cotton men. The circular comes from a firm
of high standing, and hence the Importance at
stached to the statements 1t contains. 1t is
charged that the international standard clas-
ssiflcation has not been faithfully observed: but
that New York, New Orleans and some other
cities have adhered to the old American stand
dard that Galveston to within few days, has
strictly observed the International" but find
ing that she was left In the lurch by other cities.
notably New Orleans. by departure from this
standard. she has reverted to the old American
standard.
This Is most serious charge against the in
teRrity and fair fame Of our cotton merchants.
and we think that 1t should not be met by re-
.erimination, but by plain statement Of facts.
Three of the most experienced honest and
skillful brokers of this city were appointed to
make up the international standards OF Orleans
cotton under the action Of the last National Ex
change convention. Before this was accom-
plished the Liverpool Cotton Brokers' Associ-
alton" presented set Of types. which were
found to agree SO closely with the classes upon
which our cotton men had been previously
quoting. that they were adopted, without any
further action on the subject, as far as the Cot
ton Exchange was concerned. To these stand
ards our people have most faithfully and con-
scientiously adhered. and we think that any as
sertion to the contrary Is entirely gratuitous
and unwarrantable. The Cotton Exchange of
New Orleans, having this matter in charge. Ia
composed of men of the largest experience.
great esprit de corps and most undoubted in
tegrty and they naturally feel most keenly the
slightest imputation cast upon their faithful
execution of the engagements in which they
had entered with their brethren in the same
trade in other cities.
As to the stirring and urgent appeal ad-
dressed to their Texas constituents by Messrs.
Moody q Jamison to send their cotton to Gal
weston. and not to New Orleans and other re-
ceiving ports. we have nothing to say. except
that In making it we think they do our city q
great injustice in speaking in derogatory terms
of her hitherto unquestioned claim to being the
greatest and most advantageous market for cot
ton on this continent An unbiased mi nd can
not but appreciate the advantages we possess.
In the first place. we receive here cottons OF
every description Of quality and staple; the
men handling and buying these cottons are
from long experience and the variety coming
under their daily examination. the most ac-
complished experts in the world; the system OF
inspection in vogue, under the auspices OF the
Cotton Exchange. is most thorough and com
plete. showing that New Orleans tolerates
neither careless handling nor petty pilfering in
the way Of redundant sampling of the cotton
intrusted to the care Of her merchants; while
our facilities for quick shipment to ports Of
consumption are uneaualed.
The people of Texas have in part. realiza.
ton OF these advantages. In proof of this is the
fact that during the past year no 600 bales Of
cotton were received at this port from Texas
moro than so per cent of which 100000 bales
came by the way Of Galveston. During the
same time over 1000 bales reached here from st
Louis all Of which came by that circuitous
route from Texas to find in New Orleans thu
advantages of a superior market; and. we ma!
here make the statement which is official. tina
during the first quarter of the present CONNER
cial year. 1457 bales of cotton have been received
here from St. Louis. the Future City" of which
+ 1000 bales were for shipment to Liverpool.