New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1856-05-16
Trade of the City,

2 ii q y q 4 j
| The 1ethargy Of summer was perceivable yesterday
and the before ii all trade excepting at
the upper steamboat landing. There, from the con
slant arrivals Of boats from the Vest heavily laden
there IS great activity for the season Of the year
Though there is but little more Of great staple,
the Vest there are other articles, such
coffee salt etc. which are to be had in abundance
The weather is all that could be desired for the
growing crops Of cotton and sugar. though the latter
article will unquestionably be greatly deficient in
quantity from The year before LAST yet it is entirely
too early to call the attention Of dealers to the
quantity which may be raised the present season.
The same remark will apply to cotton. No iniiyid-
al can with any degree Of accuracy estimate Or pre-
dict what the crop Of 1856 will amount to. There is
question thing, that is there more ground
planted with cotton seed at this time than ever before
known. New lands are every year added to the cul
tivaton, and the favorable returns Of the season. now
closing are encouraging the growers to the full ex
tent Of their ability and capacity. Yet it must not
be forgotten that the consumption in Europe steadily
increases and will continue to increase until substi-
tutes can be found We see tstated in journals
that silk will be used instead of cotton; perhaps it
will; but we do not believe it No, commerce is
king and ruler Of the world and cotton the ammuni-
ton to sustain its throne and power and through
good city New Orleans must the largest share of
this powerful and controlling agent pass to market
Cotton has been forwarded to New York for sale ON
growers account, and there sold on four and six
months credit; but we have not heard of its being
done asecond time by the same party Would not
|planter give ifiiiSl and saronic smile if his fac
torin this city was to send him an account Of sales
of his cotton on four months credit? We believe he
would. We published a review of the New York
market yesterday, so far as cotton, sugar and
nloasses are concerned giving quotations and sales
sugar on four and six months credit at price,
lower than in this market. Would not @ sugar
\ factor or broker on our levee laugh at q buy
| er asking these terms of credit? Yet we see it
attempted to create the belief that Northern mar
kets offer greater advantages to cultirators of our
great staples than New Orleans We have only to say
they never did nor neVerwill. Occasionally an ope
rator, by shreWd and judicious management, with
some tact, g makes profit by investing, but it re-
quires adept in trade to do it, Wenote the clear
two days since of an entire cargo Of pork for Bat
more Perhaps itmay be brought forward that pork is
dull of sale in this market. But this pork came from
the West to this city for shipment coastw;se and can
be delivered at its place Of destination thrty-three
and third per cent cheaper than if it had been for
warded by the Ohio river to Wheeling and then Uia
the Baltimore and Ohio railroad to Baltimore
"A heavy rise Of water is reported as having taken
placein Upper Red river. This will bring all the
cotton down that is ready for Market and we believe
there is not the quantity Of five thousand bales un-
ginned. We have reports Of a high stage of water
in the Mississippi above Yieksburg. As there is a
good space yet left below that point an immense body
water yet be received within the banks Of the
i river to the Gulf of Mexico.
The warm weather is placing its veto on active out
door trade, and though the summer lassitude does
not affect general operations yet many transient ira
ders closing up and before the st June our streets
], will have assumed the summer standard of trade
Yet there will be more business done for the next
two months than for the corresponding time in any
previous year. We believe the Western trade will
extend itself towards the close of August or so long
as the condition Of the rivers will admit of its being
carried on.