The morning news. [volume] (Savannah, Ga.) 1887-1900, 1889-09-15
THE TARE ON COTTON.
THE NEW ORLEANS RESOLUTION
DISCUSSED BY COTTON MEN.

The Action OF the Convention to be
Considered by the Savannah Cotton
Exchange This Week-Factors Not
Agreed as to the Operation of the
Resolution The Law on the Tare
Question.
The action taken at the convention of
delegates from fourteen cotton exchanges
of the country at New Orleans on Wednes-
day, has been the theme of discussion
among the cotton factors and exporters in
this city, and the resolution Of the conven-
ton, which proposes to tare the cotton in
this country instead of across the water, is
to be considered by the board Of directors
of the Savannah Cotton Exchange at a
meeting to be held next Thursday
The resolution which has necessitated the
meeting is as follows:
That on and after the 1st day Of October
1889, all cotton shall b. sold at net weight al
lowing Uweuty-fOur pounds of gross weight for
tare on Jute covered bales and sixteen pounds
OFF for tare on cotton covered bales, the cotton
covering to be of standard weight, three-fOurths
OF pound to the yard.
The factors here are not agreed as to
whether or not the Savannah exchange
should be governed by this resolution in the
rest of the transactions for the season, and
none Of them care to be quoted until the
matter has been thoroughly discussed by
the exchange.
WHAT THE FACTORS SAY.
One factor said that, while there is no
doubt that cotton covered by cotton bag
ging should be on perfect terms Of equality
with the cotton covered by jute bagging,
1t comes In a bad time, in the mid season,
as the bulk Of the cotton has been con-
tracted for future delivery on the
basis of the tare fer jute bagglug,
which virtually gives the spinner
from six to eight pounds of cotton
that he does not pay for, but he explained
that some provision may be adopted where
by those who Lave made contracts for
future delivery on the old basis may be
saved from the loss which the new basis
would otherwise entail Referring to the
claim made By some OF the factors that the
law Will not permit tariug the cotton here,
he SAID that he saw nothing jim section 500
OF the Code TO prevent the lawful operation
OF the resolution here. he said further
that factors are misled by the section in the
City Code, the c0difer having copied The
section of the Code of 1873, which was re-
pealed in 1876 and section l 500 enacted the
same year, under which there is, he claims,
no prohibition
CONSTRUCTION OF THE LAW.
Other factors, however, claim that sec.
ton 1899 will not permit the cotton to be
tared, and leading factor said that this Is
the view of two or three prominent attor-
neJs who have been consulted. One of the
factors said that perhaps the factors could
sell the cotton with the tare allowance by
an agreement between the owners and their
factors
The section Of the Code on the subject of
cotton weighing is as follows:
1899. oath Of one Weighing Cotton and
Rice.-lt shall not be lawful for any salesman.
salesman or other person, in any Of the cities,
towns or villages of this state, to weigh any
pale, nag or package OF cotton. tierce or hall
lerce OF rice. or any other article of produce
disposed of 10y weight, without first taking and
subscribing an oath before some person author
lzed by law TO administer IT, that he will Justly
1mpartally, and without deduction weigh ali
such cotton and all other articles of produce
disposed of by weight that may be shown to
MIN Tor that purpose, and tender true ac-
count thereof to the party or parties concerned
if SO required. The weigher may. nevertheless
make such deductions for wet or other cause
as may be reasonable when the seller or his
agent shall thereto consent.
This is amendatory of the section which
prescribed that THAT no tare shall ever be
allowed ON bales of manufactured cotton.
except the usual deduction of two pounds
from the weight of every bag of cotton
having knobs or tags thereon the presence
OF which in the city code is misleading, as
will be seen by the law as now regulates
cotton weighing. Code of 1882, sec. 1899.
page 344.