Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1882-10-03
FUTURES
one,iur OF the Call Board at the henn
phis Cotton Exchange, winch
Means Death to
The Bueket.shOps-TwO Hundred baie'
Sold at the Second ard Ihird
Boards-Mr. Hotter

Tho onepipg of the Future" or Gan Iooro.
- ~, ne Ni,nbi Cotton Exchange yesterday he
ing attracted 10 the Exchange 9rsf time option
entire me mbershiP: IL sgspfces OF the Exchange
e-e dealt in the event has been I ooAeJ4i I,ss in
TO with much interest. ,,,bt AGO the Exchange be-
mo converted into stock concern, i hoL onpo.
pose. The movemet mef Sayoring it argued that
nerScns disposed to deal in cotton lHcbsnges in
do 50 at other places ana slee department there
Vss no good reason why the Memphis
should not do so. ,.r,oNc
- "a which there have been two
% ,1ccessfnI operation nearly all OF inc pas fsir
snnTere well patronized from WnlCn ~ TTonId
~ 1resume call Board" in the Exe14ds6 ,st in
Sd enough to do to keep 1t going ne IN me- he,iT
fentiou was to open the "Call boaTu 1.IeneSs Of
nlng OF 'h h1si1es had not fairly begun on Una
| date (September 1st), so the efeh' "09 f
uH''i --''-''-- THE FIRST CALL
n ,,o1oct- Yesterday morning the ExcnansSS
roonns were crowded with the uleInDSS s s,14d
Inc few who were familiar with tne ert bfsy ex
0isjDIng 10 the INITIATED now thS oH darats
WORKED or, verdant recEuis ~ niece Of artI
bettery asked when he saw the hist psi ii boIer
iay s:ghere 10 catch hold OF II TO naAs II Hem,
It took about forty minutes iof ardeT'' When thf
| was accom- pIished he moN3ted tne huI u Hsch,
stand accompanied by his assstAns Va ~ and sales
the latter TO keep the record OF Dl1s heainnin,
MI Hotter began calling the months oes
WIN 0 s.WHo BIDS FOR OCTOBER"
10 sofor october, - is responded iron
| WI .; No response coming lno1cate
nat no one Would sell at that figure the ree1 cor
Yss made October, 1850 pld, auu .,t w 81
Wa tSeer nToceeds with the naxt month-"Mho Do
for November che, ,ine..I will take 10 20 for NJ
or her No one offers to buy at tnsl IrIGe' a.
y IL recorded November, 1910 asked:
mex. i from the rinE-''I will take 1910 tor "
cemberS No buyers accepted tne Dfa, AI To-;
Went HoT rbe s1ctioneer offered January, whc
| Teceiyed no response. In fact there was
A DISPOSITION TO DO BUSINESS
but there was an apparent To become MOI
fami1isr with the mode OF dealing before yentu
ing TOO far The remainder OF tne t hn srst cs
At7Isnstsd without a bidder, and the nISt c 2,
vas closed the auctioneer announcing that :,
next call would be made at noon. Inc me- Sle =,
Eli boards and exchanging opinions as 70 y
. Gnew process" Gradually the auulcne e'5 -,
.,cb5i,,o the reports from other markets perha
| to draw inspiration for tussle at inc heA' -
. either as "buI' or Dear
THE SECOND CALL.
a. .oo,, tho crowd was not so large, yet the
was good audience present. M. Hotter .oVh
stand again and with several sharp Taps WIN !,
gayeii ia an o4er sw no bids for OCTOBER
II viii take 10 % for october" came IRON rom
wn Frolich of VIM. Frolich u Co., 10 Whicn
roSnonse came from Mr.. Fl. Kstzenberger: OF ks
enberger's sons 81 viii take 100 bales oil octo
| at lO.20, ana
THE FIRST TRANSACTION
=. che ..Call Roardn OF the Memphis Cotton
change was made The offer was evidently M ~
in order to start the business as the p5ce Is ~
80 below the present value OF mlo9lins .sP
IA Ta'ds were asked for November resulting IN
record, November, 1923 pid- ,d dnv DeI Il
ssted: February. 10. rs asked; March, 10; asS
April 100 asked. The next hYe m2n ,bs see
Win Sapten Der got no bidders, ana tne So
call was closed, the announcement being IN m
that the next snd last call OF tne uaS W.
transpire at o'clock
THE LAST CALL.
AT . o'clock there was small atten ~
though there was some hiddingIoetSooeT gSstiu
. p,o we're not responded to, and the cal
closed Immediately siterw w5Idb MI n Ha
- OSso soId 70 Mr. J. J. Jacobs 100 bales, at 100
,vp seTt OF compromise between the bid ana one
that month
THE BLACKBOARD RECORDS
ists showed the following statements OF lhe hrs'
! long