New Orleans daily crescent., 1857-09-11
talk on Change.

1t was more active yesterday the streets, occa-
stoned by the return Of numerous absentees In the
course Of the next two weeks the population OF the
city will be increased thousands, and by the lst OF
November it will be increased tens Of thousands We
have but little space to note the movements OF yes
terday. There were reports on the street OF more
failures Of banks in Northern States There are no
fears of those who have kept aoof from stock obbng
and rotten railroads.
We expect to hear of many more bank suspensions,
but none Of those now suspected wilsinyolye New
Orleans to the amount Of dollar. II they had
stopped six months ago the aspect would have been
different
The most important intelligence received yesterday
was the following dispatch, dated Liverpool August
%, and received by the Europa:
Stock Of American cotton half of corresponding
period last year. Middhng, 9d.
It will be seen that the figure for which we have SO
long contended for has been attained. For the last
twelve months have we been waging war on the cor
rupt and deceiyng brokers and dealers in New York.
We are perfectly satisfied with our victory and feel
disposed to rest for short time on our laurels.
We received yesterday from our correspondent the
following:
Per Asial LIxERrooa August sl II MI, Tx g..
only = S len Nsa % q s0oa m
earnestly into the market to buy and stock themselves for
Ths week The market has been active advancing rates.
M p Il sS selling
a kinds Of pareke of the advance and doubt
week will show yet higher rates
Nine pence, alluded to in the above it will be seen
is reached The stock of cotton Of all kinds on hand
in Liverpool on the 22d, was 43s $40 bales against
7772eo same time last year. The Europa's advices
Al Of 1ala
this rate how long will the stock last. Quien sabe
The question is momentous. No shipments going
forward, and no stock on hand in this market. Can
any one intimate when the Liverpool market will be
replenished?
The Vicksburg packet Natchez brought in yester-
day s3s bales crop cotton On the same day last
year she brought in $3.50 baes and the Eclipse 34O2
bales. c
The weather is fine for picking, and there will un-
doubtedly be sufficient receipts within the next thirty
days to induce buyers to move.
From our papers and letters, received per Asia, it
will be seen that cotton is still cotton the only thing
we remark is that the official quotation for Mddlings
is SD, but we of opinion that none was bought
at that. Why do not the Liverpool brokers make a
standard sample for Middng, SO that shippers can
know what Middling Orleans is? On rising market
tney Will S6ll LOW MluutHS tuc quuldllou lor
ding but on falling market it will take the fullest
classification Of Good Middling to bring the official
quotation for Middling then the receiver who has
ordered Mddling cotton writes out to the unfortunate
buyer, you have not sent what ordered when
the fault is not with the buyers here but with the
brokers there who will alter the classification.
There have been some alterations in the Custom
House laws the only one that affects shippers is
fknff oh -, HI
stored in government warehouses, but the act adds
tobacco not worth the duty will be destroyed in th
usual mannern This, to those not in the trade, re
quires explanation. On the west side of the King
Dock, in Liverpool you will see tall chimney, an,
if you ask what manufactory is there wondering VIII
factory chimney is there in close approximation II
the shipping, you will be answered. that it is tn
Queens tobacco pipe. Now that does not mean tina
her British Majesty is addicted to the weed but tina
all tobacco, damaged not to be worth the awfr
duty imposed upon it, is destroyed there.