Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1882-01-05

Which will leave a balance Of 81 ,0IO O3
You will please note, gentlemen, shat our ex-
management OF the finances. and to say the least,
During the past year our Exchange has lost by
that fell destroyer Death three of its vaIued mem
dent l. NJ. Kirwan, and E. E Clarke. At special
meetings suitable resolutions were offered and
As the country contiguous to Memphis, compare
lively speaking produces but little else than cotton
that product for their success it seems strange
that thu more Of show is not made; You
ianta., .Geordia, was inst started as cotton
money. etc, it has proved great success sin in
every particular. Now, if Atlanta, which is only
on the outer edge of our great cotton belt sue
coed with her Exposition, what can not Memphis
do. which is in thescenter of said belt one of
the pest TN maeS IN the Union today The . s9ix
those Interested. As Memphis has no regular Board
a sb aS each and every merchant and
ton where merchants most do congregate, it is
6as 2ect ,ns otn0 IS1 naS VINO 90 nt
Exchange, thereby making i live institution in
board would recommend that some means be
adopted whereby sinking fund could be created
to the end OF owning its own building, We
pleased 10 state that during the past year only two
cases have come before tii6 committee on arbitra-
ton, and from whose decision there was no appeal
placed on the floor of the Exchange Telegraph
operator, whose duty it is to receive the gold and
hand, heretofore, and after January l, 1882
messages can be sent from the Exchange room. In
closing our report gentlemen, we feel called upon
to compliment our worthy president, Mr.. Napoleon
Hill, Tor the able, impartial and courteous man
but not inexperienced secretary and sup rintend-
ent, Mr. Henry Hotter, we have nothing but en-
and obliging, much is due him for the inner work
assistant secretary and superintendent is also due
much credit for his general efficiency and aptitude
to the duties devOlying upon him. We also com
maDd DleaSaQt little ger Tom V Nipuae
for the satisfactory and pleasing manner in which
mem na we desire to express our earnest Mshes for
the continued success and prosperity OF The Ex-
renewed ae Strength ent and We reaI
very respectfully JOHN w DILLARD,
VIM, BowLEs, JR.,
L. L. SUG0S,
BENJAMIN BA BB
r. F. PATTERSON,
Board of Directors.
The secretary also READ t.aa following re-
port from the committee intrusted with the
examination of the books OF the Cotton Ex-
change, which was also adopted by unani-
nous vote:
MEMPHIS. TENN, January 4, 1882.
To the President and Members of the Memphis
Cotton Exchange:
GESTLEMEN-we, your committee selected to
examine the books and records of the Memphis |
Cotton Exchange, beg leave to report that lind
them kept in a thorough, business-like manner by
our efficient secretary. Respectfully submitted |
C. p. HUNT,
J. JACOBS.
Mr.. John S. Toof offered the following |
resolution, which was adopted without dis |
senting voice:
WHEREAS, The Signal-Service Bureau has, |
during the past season. inaugnrated a system of |
reports giving the daily rainfall and mean temper
AZURE at prominent points throughout the cotton /
belt, for the information of the cotton trade gene
rally, and which has been of great advantage to |
the commercial and agricultural interests Of our |
country; therefore be it.
Resolred by the Memphis Cotton Exchanges That |
appreciate the effort the part of General W. |
B. Hazen, chief signal officer United States army.
to furnish this valuable information, and would |
recommend that the service be still further in
creased, and that the reports be extended through
the month of October, as to EN- brace the period
between April and October inclusive
No further business appearing, the meeting |