COTTON EXCHANGE ATTACKED.; Speculators in Control, Manufacturers Declare -- Choose New Orleans Market.
NYT
RICHMOND, Va., May 25. -- Resolutions were adopted by the American Cotton Manufacturers' Association, which met at the Jefferson Hotel this morning, expressing approval of the New Orleans Cotton Exchange as a market for spot cotton, and deprecating the speculative element declared to be in control of the New York cotton market...changes in the management of the New Orleans market, made at the instance of the manufacturers, made that market, according to ... Resolutions were adopted asking tlle telegraph companies to furnish in all! of cotton trading facilities for trading on the New Orleans ...