The daily crescent. [volume] ([New Orleans, La.]) 1848-1851, 1850-10-05

A. will he observed in our several articles uhue'
- ,,r,fssSsd the most sincere desire
to be governed only by facts, and sGen .I;,bIs
as we felt assured would be genuine anu t;L,ss,
and we now repeat, that we have NOT NV
interest in making any statement ., $50. e |
opinion in regard TO the condition ana P'0' -
,bs Growing Crop of Cotton, but such DIS are W."
G,I and warranted by the actual STATE vi inc T"'
Resides. we believe there is no motive 10 hs'eau'
| g. ,ne or two hundred thousand bales oil lotion
.,,ld maize hut little difference in the entire crop
in its effect in prices.
Our only object and desire is to be accurate in
our opinions and judgement, which we feel conf
dent will as the progresses, stand the test,
and be confirmed by the result.
In our article of the 18th September, we stated
"Factors are quite firm in demanding extreme
rates. and appear not at all influenced by any
downward movement in Liverpool feeling entirely
convinced that such having been produced by exag
gerated estimates caused by the favorable weather
in July and when the true state of the crop is
made known, very decided reaction must ensue
d" The fact of one short crop Of cotton 6etng tot
toured by another, has its effect in producing the
belief that when the truth is fully established on
the other side of the water, which must now be
the in a few weeks, prices, must go up mate
rally both abroad and at home"
The Teegraphic accounts by the Cambria, re-
ceived yesterday, are to the 2lst September, from
| Liverpool, at which time the latest advices from
| NewYork were to the 9th September, per Allan
tic and, as will be seen, q decided improvement
was produced.
From all parts of the Cotton Country, the &C.
counts received during the month of September
were more and more unfavorable, and the reports
of half crops, poor picking, and great loss by shed
ding of forms and hollis, are confirmed, and con
tinue up to the present time. Every week, lowe
estimates of their crops come from the planters
and by the packets of this week, the opinion tina
picking will cease unusually early, appears quit
general. Many state that the crop will be most
; gathered during October.
From South Mississippi say South of lin
} drawn from Vicksburg, where the crop mos
promising, and decided increase over last year
Weld was confidently expected, we now learn tina
D such increase is quite doubtful and if any, it wi
be very trihing. The hill crops in that region hav
r suffered terribly and scarcely any top crop will
i made.
/; North of the above line, it is admitted that tn
crop must prove quite short of last years yield.
e From Alabama and the Atlantic States, we hav
e full confirmation of the poor state of the crops an
!, how we are to make crop equal to the past on,
= becomes every day more and more doubtful
Besides, we have but just entered October an
e have to run the risk of bad weather. and an earl
: frost, either of which would greatly diminish tn
yield.
With such a state of the case before them, fat
tors continue reluctant to sell the Cotton under the
n control, except at advanced rates-with many ii
e bulk of their receipts are limited.
= The demand during the week has been activ
v and only checked by the limited supply, and Il
full prices required.
The whole force of the Cotton region are no
picking, and the receipts during the next five S
l. weeks will doubt be large-this is not unusu
in short crop years-it takes heavy receipts
January, February, and March, to make large crop
The advance in this market up to Thursday ev
ming is quarter of cent The effect of Il
d Cambria's advices may not appear until next wee