The Evansville daily journal. [volume] (Evansville, Ia. [i.e. Ind.]) 1848-1862, 1857-11-24
NEW ORLEANS CORRESPONDENTS
New ORLEANS, Nov. 18th, IS:


New ORLEANS, Nov. 18th, 1857.
T. Y. CARLILE, EsQ.-Dear SIR: Business
of all kinds seems to have slightly improved
with the exception of Corn. which article
has declined to the low figures of 40 for
green ordinary, to so cents per bushel tor
prime and choice. In this article there
doubtless will be better feeling when the
market fairly opens, as it is to early for
transatlantic shipments. We would advise
holders of this article, to prepare their corn
we'll; have it sound and dry; so that if the
store room has to be resorted to, it can be
Stored with safety. The trade that we are
engaged in is, as usual at this early period
in the season. Live stock without il be hogs,
is ruinously low. We quote Western Beet,
fine to choice, at { cts. Ordinary and Com
mon, from to 6 cts. 2 ID. This low price OF
inferior cattle is owing in great measure to
the large arrivals from Texas and other
Southern quarters. For beef, Texas cattle
ranges from Is to IS dollars q head. Hogs,
VIC quote at So to cts and the market for
heavy sheep, ranges from to 4,5O pr. head.
Mich COWS, from 80 to IS dollars pr. head.
Veal cattle are in demand, at low rates. The
Southern stock will gradually cease coming
from tins time; but VIC would advise our
friends in the West not to ship until winter ,
as il will be imposs ible to get the rates suf-
6ciently high to justify their coming. 1t
would be impossible for us to point to any
particular time when to ship to this market,
though We would venture to say, that judy
ing the future by the past, in December,
beef will be sold for reasonable rates. Last
season ut this time, prices were about the
same as they are now, and it was not until
about the middle of last December that we
got prices up to paying rate; after which
time we were fortunate enough TO maintain
aud hold the market ut paying prices, until
about the first of May.
| The demand for beef will doubtless be in
creased in this market by the great influx o
strangers and visitors that will be draw
here to operate in the vast quantities of oul
surplus products that must concentrate here
during the coming winter. We should no
be surprised if the population of this cit!
should be greater by 20 per cent. this whites
than ever before.
The stagnation ofbusiness in the Northern
cities-the want of something to do by ACTIVE
mer, will drive thousands to this city, in tn
hope that by buying ut the extreme low
prices which every one supposes will prevail
l Ia, x,.,l no oh f,, ftrr n 20
The immense amount of shipping that vii
come here during this winter, while man.
ships find nothing to do ut the North-wil
add to the demand for food, and beef, in par
ticular. But while the demand will be in
creased, we are pursuaded the shipment
will be heavy of beef cattle. Our opportuni
ties of knowing the movements ofdealers ar
} good, and we look for large receipts. Til
scarcity OF money and the difficulty of hold
ing stock, where it has to be advanced on us
comes into market will cause forced sale
and occasionally very low prices. But "
believe the general range Of prices vii!
fair, and if cattle be bought at moderate pr
ces and with care to select only good, We
, conditioned 6ceves, We believe the shipp'
will make money. But we would impre,
upon our friends to ship only good stock, 4,
hay and corn being so abundant that catt
will be generally better iattened, and poor
: indifferent stock will range this year low,
than ordinary. We would also advise shil
: pers to draw as lightly Us possible, and Oil
, long time as they can, so as to give the agcl
: time here to sell ut his leisure, and ayoi
4 pressing the market, which is often the rui
i OF the shipper. These temporary loans,
enable us to hold, are not now to be relic
on as general thing the shipment must
: made to meet the draft, whatever be the sta
Of the market. This will be the case vii
II all produce this year, to whomever it is shi
u ped. No ono has got money now to no
shipments for himself or others. Mono
" matters, however, are rapidly improving
this city. All the banks have resumed, @!
- cept the Union, and no one has the lea
doubt but they will maintain their position
They have had large accessions oil spec
" 1t is matter OF wonder that We have had 1
more failures-the cotton factors have aston
ished everybody by their exhibition
: strength, while the planters were keepin
ii back theircrops and lcayiug them to pay the
e acceptances out Of their own resources. b,
y cotton is improving in price, aud will soc
|, be IL cents, which will satisfy. planters; an
It when cotton moves, it carries every 9th
S business along with it, here you know. "
:. are therefore looking for better times by Il
u first OF December. We will continue to ke(
IT you advised OF the condition OF the StoC
o market. Respectfully your friends,
r AYC0CK Il GREATHOUSE.
o Live Stock Dealers,
!. jefferson City, New Orleans.
Drvrrr a. IL X COZ