Savannah morning news. [volume] (Savannah) 1868-1887, 1882-10-23

Savannah as a Cotton uarket-The
Views of an Eatelligent Country
Merchant.
We find in the Henry County Weekly long
letter from Savannah. over the signature Of
Josiah Nj. Boswcrth, from which we
make the following extract:
Savannah is unquestionably the
cotton port south of New York. Cotton
buying and selling here is as different to
what 1t is in Middle Georgia as 1t can be. l
saw one hundred bales sold this morning at
IL cents that was at least sc. or &c. under
cotton selling in Griffin, Covin9ton and
jackson in grade; and yet the market In
Covington on Monday morning was only
VIC. Our cotton is acknowledged here
to be better than that shipped from any
other section in Georgia, Alabama or
Florida, except sea island. Much as l
dislike to say It, yet the fact is appar-
ent that there Is too much speculation
on the farmers by the home or street
buyers. One dollar off for pony bales or
for head out;' sampling and buying from
poor side of bale, and cutting bale all
over, is unknown here. ] stood and looked
on carefully, and out of two hundred bales
| never saw a bale sampled by cutting. The
sample was invariably taken from the
largest cut In either side of the bale. When
the cotton arrives q man takes from each
bale sample at the exact place where the
bale was cut by the former buyer, or which
ever side is best opened. He puts ticket
of the mark on the bale inside the sample,
and, rolling it nicely, sends 1t TO the cotton
boards. tits sold, without reference to whom
1t belongs, for the very best price possible.
When sold the ticket Is taken out, and it
determines who to credit the bale to, and the
money is then ready for the owner. The
classification is not so strikingly stingy,
either. The weighing is done with as much
accuracy as l weigh sugar to my customers.
The practice of letting the scales 'tip up is
not In vogue here Tipping up generally
means five pounds eff Of every bale when
the scales are not kept balanced perfectly.
Knocking Off is not known here scarcely.
In fact, the more l see OF cotton selling In
Savannah the better like 1t, and this is one
thing that causes so many to ship here.
Now that we can ship directly and so
cheaply to Savannah from about Swapping
Shoals via the new railroad, much cotton
will be sent here.
"The arrangement made was to give so
much per bale to a cotton-selling mot cot
ton-buying) firm, to receive all L ship for
myself and customers and place
the samples on the boards
each day--selling as the same firm do for
Sam lnman and other large interior ship
pers and buyers. There are many men
about Swapping Shoals who have patron
lied my stores and mills who wanted me to
ship for them. So now, have come here
IN person ana perfected the very best
arrangement possible, and can not only
benefit, but save monev for them"
'0n the wharf ana Bay street this morn
ing there were buyers from almost every
cotton-consuming nation on the globe, and
a man having orders from across the waters
bites more freely aud fiercey than the aver
age New Yorker. am going home pleased,
for think will save nay expenses here In
the sale OF ten bales Of cotton, after paying
freights and expense of selling"