New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1857-05-20
Talk ON Change.

4 1t was very quiet yesterday till towards o'clock,
when it was ascertained that later accounts from
Liverpool were coming over the wires, the nature of
which was favorable. It will be seen there has been an
advance of 3D. and some accounts say led. in most
qualities Of cotton between the 9Th and 9th instant
Coming as it does, Immediately after the depression
caused by false assertions from this sde creates the
belief that dealers, spinners and all, have changed
their ideas regarding the extent Of the crop Although
do not expect for the present that cotton will ad-
vance here we are gratifed that the market on the
other side is likely to respond to the general prices
which have ruled in this market the last sixty days
or more
~ We remarked many days since that the decrease at
Ill the ports would reach 500 900 bales by this day
Che Goth Of May) and we think our contemporary,
III Price Current, will confirm our views in their |
issue this morning One Of our "good friends" |
however, may rest assured he can send that hat"
as it is most assuredy won, and it w be worn with
all respect. ii n
In another column, or under our financial head,
will be found we'll written article on cotton pros
poets, taken from a New York paper. The writer
estimates that the deficiency will be 100000 bales on
the LIST Of July He will discover that it has already
reached these figures and it is very safe to assume
that it will increase several thousand bales beyond
them. @ E5
Amidst all the contention and arguing of this great
cotton question: the quantity destroyed by fire. lost
by sea and damaged, appears to be lost sight OF,
including the two fires in Mobile, the fire in Apaa-
chicola and the fire in Liverpool the 9th ult, the
burning of the ships Robert Parker and Arabella at
sea, the loss and shipwreck of a dozen ships with
cargoes Of cotton we count up fully fifty thou
sand bales hors de combat.
To show the very erroneous views which have been
taken Of the planting this season, we give the follow
ing extractor letter written in New York at its
date, and have only to remark that published an
extract from the general circular of the party dated
2Sd April giving some very strange views regarding
cotton and prospects. On the day following the party
solicits information in the following words:
Dear s., We would feel particularly Obliged II would
write us without delay what learn the extent of plant
and the condition Of the crop generally SO far as
Ts !" @nr ass
question: IS the planting favorable o. o,he ,r
Our friend who received the above inquiry is hardly
aware Of the extent of his district though probably
he has had much to do with cotton and its in
terests, for the last thirty years. as most any other
individually yet to answer the question he will have to
take good telescope to survey portion of his dis
trict, extending it does Mississippi part of
Tennessee, Arkansas and louisiana
1t is nearly month since the date of the letter,
and the inference is the writer really supposed the
present crop was growing very freely and good
stand secured. 1t is now the 10th of May, and one of
our contemporaries thinks the cotton is about an inch
high W. will go little farther, and say an inch and
quarter, as it could not have advanced much afte,
the present cold snap of weather. We hope the New
ynrk pentleman will duly weigh the nrasept nnsitior