New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1856-10-24
Talk Oh 'Ghanne,


1t was generally very lively on the streets yester
day, though no extensive transactions in produce
! tranepred. The telegraphic advices which were re.
| ccved night before last, with accounts from Liver.
pool to the sth inst were not of satisfactory ma.
ture. Buyers of cotton, would be BUYERS are hold.
ing back and insist on q decline to correspond in
some degree with the Liverpool market The contest
for su otcmacy between the factors and planters on
this side and spnncrs and dealers on the other side
Is waxing warm. 1t is the current belief that pur.
cilscs have been made almost every day for the Eng
lish market since the first of this MONTH During the
last ten days there have been cleared for Liverpool
II 0l3 bales for Cork and market 2G17 for Glas-
gov 925. There are twelve ships now loaded in part
which will undoubtedly be cleared within the next
twelve Or fifteen days. At the same time it is intend
ed on the street to convey the impression that there
have been no purchases for the English market.
Let us see what Mr.. Wright, the great Bear broker
in New York, says in his last circular, the 18th:
a VI 4sE ne oaep by mail S S o oh from The region
October WAS severe enongh to do injury the cotton the low
% @ cr"p will ss shis n S sa 5s n
" S the s gfh Fl from @ 3 to o5 M ne @ sE0R bs a Hfgn ren
maximum extent, al the establishment, prices nidns
H"1rs which with the present rates Of tre=l and exchange
@ o% If % Mc ! i, to "noEe the he ruling prices there at the
in Liverpool induces caution The Of American shippers
mch the natural consequence j. much smaller amount than
The moment only eish vessels ioains in New orleas s one
ehch IN Mobile Savannah and Charleston all of which may
Novembernex hut tcse together with Whit may poSsbiy
clear from New York will not give than 1000 bales.
Very sound views, but we believe the writer of the
circular in question is interested in few thousand
bales of the staple shipped and now shipping from
here. The total exports direct to Liverpool since the
lst of September are 7SS bales the fourteen ves-
ses now loading will exceed the quantity stated above
by several thousand bales, provided they are cleared
before the 18th of November. However, the stock in
Liverpool of American cotton on the 3lst Of Deccm-
Der next will not exceed 20O 900 bales by that time
eve shall sce.''
The receipts for the twentyfour hours ending at 6
o'clock last evening werc by the McRae, from Vicks-
burg ,s0l bales; Capitol, from Fishers Landing,
Col: Osprey from Alexandria, SCI Montgomery,
from Memphis, IT'S ; G. Hays, 75S. Total, 1902
bales.
One Of the ondits on change Yesterday was that
information had been received from Mr. G. Wander
bilt (CommodoreD of New York, of his intention to
place two lines of steamships in the New Orleans
trade: one to run to Galveston and other ports in
TcNas-thc other to run to Vera Cruz Whether
there is sufficient business for two lines of steamers to
the above ports remains to be tested There is no
doubt that greater facilities of communication with
all distant ports will enhance and extend business and
good share Of the Mexican trade which city lost
years ago can unQuestionably he recovered by eff
argng the means of communication and tlnnsporta-
ton of the mails. There also some items Of in
tel!igcnce of favorable character from the Tehuan-
tepec Company. This road, when Completed will
give employment to more than one steamship, and
Mr. Nanderbilt's money and steamers can no doubt
be fully employed in the Gulf trade.