Memphis Tenn., 5¢ red #56X2, two, one has about a third cut away, tied by Memphis / Ten.// Aug / 20 / 1861 cds on pale orange HORTON, ESTES & CO. COTTON FACTORS' OVERALL ADVERTISING COVER to Miss Eliza Steel, Fayetteville N.C., reduced at top and a few sealed edge tears, full stamp slightly creased from being affixed over edge of part stamp, otherwise Fine, scarce use of the Memphis provisional on a cotton-related advertising cover, ex Rudy. $3,000.