The daily crescent. [volume] ([New Orleans, La.]) 1848-1851, 1850-12-20

New ORLEANS, December IS, 1850.
essrs- Edit0rs-I notice in the concluding part Of Mr.
Gwathmey Circular, published in your paper of yesterday
morning, that he is quite liberal bis denuncatons and
charges against Messs Tacott s. Co.. of New York who
stated issue their circulars for every Liverpool steamer
The estimate Of Mess. Taoo of last crop, was 900 to
25OOOO bales and their opinions and figures are, they
deserve be- highly respected Their Industry has been
directed TO the attainment Of truth and their accuracy and
moderation give them high standing both at home and
abroad.
Mr. Gwathmey, who plentiful in statements and figures
ought to have brought forth the statements frures and
opinions of hIess Talco which refers aud have proved
their crHdcRess ignorance and ab4urity, p instead
dealing general and vague charge This course how
Mr.. Gwathmey well aware, would have been yery
unwe for him, in which he well knew he would come off
sioa19 bsst.y
Mr. G. is, as IS well known, not at all disneined bet
How would he like to submit the comparative accuracy and
correctness Of bis opinions and estimates forth in his
circulars, with the opinions and of Messrs Taco
Bros under wager of 5000 $1,000. to be decided by
competent and disinterested reference?
As Messs T. & Co exhibit such Ignorance ''cruie
ness and absurdit' Mr.. hardly refuse adyau-
ageOus wager, and he can be accommodated.
FRIEND TO MEssRs. TALoOTT s. Bros.
premium Of ten per cent is offered for the above pro-
~. From the U. S. Journal, of New York.
sales Of eoito9 are restricted by the increased conf
eites to operate in this market Under the system now in
exte siye PURCHASES, to leave the comforts attending So
lourn here The poor planters have had put into Them very
lint they Were not aSsre that aoweas had yet become
general and who could think of enrounernR the k of
residence ~ southern climate before December in
from the tables OF Erowfh distributed about Manchester they
tat last year the frost only appeared December 10Th,
and VIII one month later panng the 18th OF January
above their idea oil the penng closing. III thirty
earlier fOwefng and lste fiost, with rs O
bales OF old cotton, gives 100000 the result what
may be looked for nowP We say 9j 600 bales and we
desire readers cut this and keep before hem We
have recently inspected returns received by parties here who
nave organized an unequaled OF communication
the telegraph. and the result lays about 1870 geo bales pro
yded the country Is drained, Another point desire tC
place on record which VIII asonish of the knowing
point Memphis delivered l40 90 bales 10 make 40 the s COO
NewOreans last year. she will de IS eco bales This
season. We could through the list, bat allowed
to extract more as the credit belongs to Others We will only
ADD THIS that the Red River section add the Memphis
deficit OF this the returns admit OF no doubt whatever.
= here is prevailing influence now to exaggerae the
growth aud 1t very difficult, with such immense stake
at issue, 10 get at tile facts.
= BosToN-ln Cotton goods holders maintain firm tone
and LOOK upon the present pause in the market
as IN the absence Of active demand more time al
lowed 10 consider the circumstances which will have bear
ing on future prices The falling OFT In the production
short cop and the high price of cottonhe small
Stock OF cotton IN the hands OF manufacturers this
and N Great BtantOgete with the activity which hR,
prevailed in the manufacturing districts Of the latter through
Out the year. all favorable far
much higher of prices Than obtained In Cot
fee little has been done for of OPERATE with
very extensive movement has been going in Calcutta
inseed which has been Kept private until the present time
The sales embrace upwards OF 1000 bags arrive here and
ut New York; part taken speculation but pIncp y by
one house IN New ofk, at prices from 81 80 81 10
comprising all tine Llnaed expected here before August
period OF upwards OF eight months To California there
large amo unit OF goods Offering and vessels filing ur
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