The Ouachita telegraph., 1877-09-21
PACKING COTTON.
NEW ORLEANS CoTToN EXCHANGE,
New Orleans, September, 1877.


New Orleans, September, 1877.
The New Orleans Cotton Exchange
beg to call the attention of all parties
concerned to the following resolutions
adopted by the National Cotton EX-
change, and respectfully urge com pli-
ance with them, viz:
"Resolved, That the National Cotton
Exchange strongly recommends the
adoption of a press box of uniform size,
and without asking that boxes now in
use shall he changed before new ones
are required, the proper officers of the
National Exchange are instructed to
urge the standard size by printed COM
municatiOns directly and through the
constituent exchanges, energeticalIy
and persistently on all parties connected
with the cotton trade-planters, factors,
shippers, cOmpressOrs and manufactu-
rers of cotton presses. The standard
size of the press box to be of the follow
ing dimension Length four feet six
inches width two feet. Six ties to the
bale and the bale to weigh $50 pounds
or over. -
"Resolved, That the National Cotton
Exchange recommends that bagging
weighing two pounds per yard be
adopted as the standard bagging, and
that not more than six yards of bagging
be used on each bale of cotton"
Various reasons have caused the
adoption of these resolutions, among
others the following: Uniformity OF
the size of bales will enable steamboats,,
vessels, etc., to stow more cotton in
the same space than heretofore, and
consequently to carry it at Il lower rate
of freight. Warehouses and cotton
presses will also be able thereby to
econoInize space in storing cotton,
handle it more easily and expeditions
~, and take better care of it for the
same compensation. Uniformity of
size and weight of bales and of the
weight of bagging used to cover them
will enable buyers more accurately to
compute the probable loss in weight of
cotton shipped to foreign markets and
consequently they can with more con-
tdence bid the tull extent of the limits
allowed them in their orders; thus, if
an order be sent to ii buyer in America
to buy and ship to Liverpool cotton to
cost landed there, say Cd per h., he in
cludess in his estimate OF cost, in addi-
ton to the price to he paid in America,
freight to Liverpool, port charges here,
insurance and AN estimated loss in
weight, cotton being sold in Liverpool
at its net weight ascertained by deduct
ing weight of bagging and ties. AS
bales are now packed, the percentage
of loss in weight to he estimated is
very uncertain, and a cautious buyer
necessarily leans toward too large an
estimate Of it and consequently is not
as willing to pay as high Il price AS he
would if almost certain of what the loss
in weight would be. If the bales are
nearly alike in weight and have about
the same weight of bagging and ties on
each, there will he no trouble in nrriv-
ing at the probable per centage of loss
in weight. All the freight and other
charges on cotton, as we'll as the loss in
weight, either directly or indirectly,
come out of the price paid TO producers
of it in this country, and it is desir irable
that these charges, ETC., should be re-
duced as much and be made as uniform
rs possible.
By order Of the Board of Directors.
HENRY G. HESTER,
Saorat.arx,