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The Standard Telegraphic Cipher Code for the Cotton Trade

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The Standard Telegraphic Cipher Code for the Cotton Trade Digitized by the Internet Archive in 2010 with funding from Duke University Libraries http://www.archive.org/details/standardtelegrapOOshep THE STANDARD Telegraphic Cipher Code Cotton Trade [COPYRIGHTED.] ARRANGED AND PUBLISHED BV ALFRED B SHEPPERSON, COTTON EXCHANGE BUILDING, NEW YORK. 1881. Copyright by AiFRED B. Shepperson. iS8i. — INSTRUCTIONS ET-OPL XJSIISrO- TX^IS COI3E. It is of the utmost importance that all cipher words should be written carefully and distinctly. Each letter of the word should be so plainly written that it can not possibly be mistaken for any " other letter. Care should be taken to dot the " i's and cross the "t's." The letters a, o, n, and u, bear close resemblance when imperfectly formed, and too much care can not be taken in writing them. More errors in telegraphing in cipher arise from careless writing than from all other causes In writing messages, begin every cipher word with a capital letter, and leave a little space between each cipher. This will lessen the chances of mistakes by telegraph operators. When it is necessary to telegraph in ordinary language, and there is fear of its being misunderstood, begin that part of the message which it is desired should be read literally, with the cipher word " Pinafore," which will be found on page 218. Words to fill blanks in sentences must be placed in the order in which they should be read, immediately after the ciphers for such sentences, except where the sentences begin with a blank. In that case, the word for the blank will immediately precede the cipher for the sentence. All quotations for "Future Delivery Contracts" sold in New York and New Orleans are for basis of " Middling, American Standard classification, any grade from Strict Ordinary to Fair, in- clusive." When orders, with a limit of time for their execution, are re- ceived after the close of the market, the time will commence from the next business day. Orders to buy or sell will be understood to be for account of the sender, unless otherwise stated. In reports of purchases or sales, "for your account" will be un- derstood, unless otherwise expressed. All orders sent by this Code to buy or sell for Future Delivery will be with the distinct understanding that the purchases or sales Bo ordered are to be, in every respect, subject to the By-Laws and Rules of the Cotton Exchange of the market in which they are executed. When several orders are embraced in the same message, and some of them are conditional, those which are unconditional should be written first ; and the conditions should always immediately pre- cede the conditional orders to which they refer. Unless otherwise stated, Sterling Bills will always be understood to be drawn at 60 days' sight, and Domestic Drafts at sight. Especial attention is invited to the Tables for giving quotations (pages 60, 61, 97 to 100, and 246 to 257), and to the Firm Offer Tables (pages 267 to 303). Full explanation of the Firm Offer Tables will be found on page 271. To express a price or quantity for which there is no " cipher " in the Tables of Numerals, use two or more "ciphers," the sum of which will express the desired amount; for example, '^Applied, Antidote"—will be read, "26S2." To qualify quotations, use the Tables on pages 15, and 22 to 24. Examples: "^//^-w//" will be read "^ to /j," ^'Attention" "^ to ,\," "BroTVfter" " '' jS,, to i|^," '' BuciW ^ to M-" G 3 .. INDEX. PAGES I NSTRUCTIONS for using this Code 2 Advances 178, 179 Brokerage and Commission 200,201 Buying. .Inquiries (chiefly about Spot Cotton) 116, 117 do. .. do. (about Future Deliveries) 106, 107 do. .Orders and Instructions 124 to 128 J j do. do. for Future >.... 108 to 11 5, ( Deliveries ) 122 to 125 do Orders to buy and ship by steamer 119 do. ... do. do. sail vessel 120 do do. do. railroad 118 do do. for Future Shipment 121 . < Instructions about quality, staple, color, ( differences between grades, etc., etc . 129, 130 do Modification and withdrawal of orders, etc.. 131 do Information and Advice 132 to 136 J I do. do. specially about | '* " i Futures j 108 to 115 do Reports of purchases 137,138 do. ... do. do. of Future Deliveries. .. 123, 143 do do. do. for Future Shipment. .. 142 do do. do. and shipment by steamer 139 do do. do. do. sail vessel 14] do do. do. do. railroad . 140 Charters of vessels 196 Ciphers for correspondent!,' names 304, 305 Classification and description 30 to 3; Claims, Reclamations, and Allowances 170, 17 Commission and Brokerage 200, 20 Relating to the standing of parties, \ failures, collections, obtaining secur- >- 214 to 217 S ity, etc., etc. ) Consignments 172 to 176 Crop Prospects. .Inquiries in relation to 36 do .... Information in relation to 37 to 43 Crop Estimates. .Inquiries and Information 44 to 46 G4 INDEX. FACES Date, Days of the Week, etc 28,29 Decimals • 25 Exports 57 Firm Offers General Phrases, Offers, etc 258 to 266 Asking offers for Cotton for Domestic | do. 267 Shipment ' Asking offers of Cotton for Domestic ) do. 268 Shipment ' Asking offers of or for Cotton for ) do. 269 Foreign Shipment by sail ) Asking offers of or for Cotton for | do. 270 •I Foreign Shipment by steamer. ) to 271 do. , . .Explanation of Tables on pages 272 303 To Buy or Sell, for Foreign or Do-\ do. mestic Shipment by steamer (Price |. 272 to 287 in Cents or Pence) ' To Buy or Sell, for Foreign or Do-\ do mestic Shipment by sailing vessel >• 288 to J03 (Price in Cents or Pence) ) To Buy or Sell (Price in Cents, Pence, ) do, j < and Francs) ) Financial Drafts 202 to 206 do. Remittances and Transfers 207, 208 do. Money Market and Exchange 2og to 211 do. General Phrases 212, 213 Freight Market, Quotations, etc 193 to 195, 257 Future Deliveries. .Inquiries in reference to 106, 107 do. Inquiries about the market for 58, 59 < Market with special reference do. ( to 60, 6i, 88 to 100 do. Market in Liverpool 59 to 61, 98 to 103 do. Quotations for 88, 8g, 97 to 100 do. Quotations at opening of market. .60, 98 to 100 do. do. close of market . .61, 98 to 100 do. do. since last report 61 Orders and Instructions about do. j ( Buying 108 to 115, 122 to 125 Orders and Instructions about do. j i Selling 108 to 115, 155 to 158 do. Reports of Purchases. .io3 to 115, 123, 143 do. Reports of Sales 108 to I15, 158, 167 do. Information and Advice 108 to ill do. General Phrases about II2 to 115 G5 . : INDEX. PAGES General Phrases •.. .226 to 235 Insurance . .Inquiries and Instructions 197 do Information and Advice 198, 199 Joint account operations 177 Letters 221 Limits. .. .As to Timeand Price (Cents, Pence, and Francs) 144 to 147 Margins 18010183 Market. .. .Inquiries in reference to "Spots 'and "Futures" 58, 59 do Present State of (opening) 60, 92, 98 to 100 do do. (closing) 61, 91, 92, 95, 98 to 100 do. do. (Favorable tone) . .62, 63, 98 to 100 do do. (Unfavorable tone) . .64, 65, 98 to 100 do. do. (Demand, etc.) 66 to 68 do do. (Stock, Supply, and Sales) 54 to 56 do do. (Feeling of Holders) 69 do. ... do. General Phrases 70,71 do. Cause of the State of 72 to 76 . 3 Opinion of present condition and future ( course of (Favorable) 77 to 79 J j Opinion of present condition and future I course of (Unfavorable) 80 to 82 J ( Opinion of present condition and future ( course of (General Phrases) 83 to 87 . I With special reference to Future I Deliveries 6c, 61, 88 to 100 do ... .In Liverpool 98 to 105 do In Manchester 236 to 239 do In India and China 239 Miscellaneous 222 to 225 Months. 27 Numerals. 8 to 14 do. for Future Delivery quotations 16 to 24 do. to qualify prices (by hundredths) 22 to 24 do. to qualify prices (by thirty-seconds) 15 Opinion of present condition and future course of the market Favorable 77 to 79 Unfavorable 80 to 82 General Phrases 83 to 87 Orders and their Execution .... General Phrases 148 • Percentage 26 Quantity and Grade Combined. .50 to 1,000 Bales ... 184, 185 Quotations. .Asking quotations for Future Deliveries. 59 do do. do. Spot Cotton 240 to 243 do. ... do. do. free on board 240,241 g6 INDEX. , PAGES Quotations .Asking quotations for cost and fieight,etc..240 to 243 Giving quotations for Future Deliveries do. j 60, 61, 88, 89, 97 to 103 ( Glvinjig quotations for Spot Cotton. 60, 61, 63, do. 65, 98 to loi, 240 to 249 ForMiddling, Low Middling, and Good do. j ( Ordinary (Cents or Pence) 246, 247 do. Differences between grades 245, 248 do. Revision of Quotations 245 Of free on board, cost and freight, etc. do. I (in Cents, Pence & Francs) 240 to 242, 244, 250 to 257 do Of Spot Cotton (in Cents, Pence & Francs). 249 Receipts. .. .Inquiries in reference to 47.43 do Information in reference to 49 to 53 Reclamations, Claims, and Allowances 170, 171 Samples 169 Selling Inquiries .. .(chiefly about Spot Cotton) 149, 150 do. do (about Future Deliveries) 106,107 do. .Orders and Instructions 151 to 159 Orders and Instructions as to Future do. * j ( Deliveries 108 to 115, 155 to 158 do. .Orders to sell for Future Shipment 159 do. .Information and Advice 160 to 165 do. do. especially about do. Future Deliveries 108 to 115 do. .. .Reports of Sales 166 do. ... do. do. of Future Deliveries. 108 to 115, 158, 167 do do.
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