New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1857-05-01
Tal, an s.chnnpe-Rns,ness,. +.

There was not much offering yesterday for retnafks
1t is hardly necessary for us to say more than
very wet and. rainy day, We hope we shall Near
good accQuhts Of it from the Interior. The ARRIVALS
were few and fan betweea. at is not aeeessars
should be any more arrivals of vessels. There are
more than sufficient now, with the regular packets,
to carry away all the produce shall have for ship
ment until December next. Though freights rule at
low rates, they rule still lower in New York-cotton
being carried to Liverpool at eighth of penny per
b, and flour for one shilling per barrel. There were
six hundred sail of squarerigged vessels in New York
seeking freights, few days since. The increase of
steampropellers and steamships is cutting up pas
senger and freight trade heretofore enjoyed by sailing
vessels. The main of the great depression is
the unusual increase of tonnage during the last five
years. No individual thinks of building vessel now
under one thousand tons. We observe fore and aft
schooners at Levee of the burden of five hundred
and six hundred tons, where ship of four hundred
tons twenty years ago called very large vessel.
Whether such ships as the William Gray, Eleanor,
Shepherdess Bolivia, and Highlander, averaging from
275 to 400 tons-belongng to those old citizens, r.
D. Shepherd Laurent Mlaudon, and the late Judah
Touro, did not earn more money than the same num-
ber of stately burthensome vessels which now grace
our levee do not pretend to say 1t is the general
opinion that the for large vessels has reached its
eliminating point.
The great accumulation of shipping at this port has
one very favorable effcct-t tends to restrain high
rates of freights, which induces large shipments Of
produce from the West to Northern ports. There
have been loads of produce received this from
the Ohio river for transhipment to Baltimore, confirm
ing the oft expressed reason that railroads. where
water courses are available cannot transport produce
on as low terms We expect from the superior mode
in which business is conducted in city that more
than half of the yearly increase in the products of the
West will seek city for market, either for tran
shipment or for sale and returns. Take the great
increase in the shipment of flour alone for the South
American States, particularly for the ports of Brazil
from that empire the present season being, according
to fgures 345 O94 bags against PA ZIG bags for
the same time last year-an increase of II 900 bags
which, with the large increase in the imports of
sugar, has operated greatly on the money Market
The importations in sugar this season being 81 0l
packages-that is, hogsheads, boxes and barrels
against II ,545 packages last season. These items,
with increase of importatons of general merchan
disc though denoting continued advance in the gen
era commerce and trade of the city, has something to
do with the money market. But the greatest cause
of the present position of financial matters though
only temporary, is the spirit of absenteesm which
pervades the minds Of so many of citizens, and
which may be regarded as the severest drawback
(perhaps curse) on the prosperity of our city.