New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1857-04-22
Talk on Change.


Though there was considerable activity at the up
per steamboat landing yesterday, it was rather quiet
on the other great thoroughtares AS it is manifest
that transient citizens visitors and all departing
rapidly by every steamboat, we cannot have hence
forward any thing OF an important character to noe
unless it is waif stray circular regarding cotton
In the course of our peregrinations yesterday we
came across the following which from its vernacular
we think emanates from the source as circular
we published last fall, when Of the parties had
Just returned from Europe, and pretended to know
more about the cotton crop than all the planters, mer-
chants and others who had been in almost daily and
hourly intercourse with the cotton growing region In
fact the views of 1900 900 and 100000 bales were
laughed at aud derided.
The following circular is decidedly rich in some
respects 1t says, Ergo, we shall have, even with
short receipts a large stock the 1st of May" We
shall Ell How opinions differ from facts sometimes.
But the question may arise what is to be considered
large stock under short receipts is it $1,000 l00
600 bales less than last year? We desire information
what large stock will be in this market the first
day of May coming The whole South appears in the
event of good stand will want, according to this
writer's views to get clear of cotton, We think that
good stand has been obtained do we think there is
much cotton left in the interior of the South to be
got rid OF 10 meet the views o lhe clrcuar' but the
panic in May or June-really the hair head be-
gins to stand right up at the impending crisis with
about $50 900 bales cotton hand, not nine millions
of dollars in this market on the 1st Of May. ERGO
we hope our factors and others carry at least
part of it through without interfering with the regu
lar course of trade or the laws of supply and demand
The circular propounds the question how low g can
we go?" Not very low there is doubt about that.
As we have not time nor space to 60 into more ex-
!. taa ,,n,orl-s ,ve will oplv observe that many
. dealers have made MANY bunders during the season,
= and in some instances committed most egregous
arro and nrobablv been the cause of much mischief
q, tho other side But to the circular it was for.
warded from New York to Liverpool at the time OF
= its date:
= NEW YORK, feo' H. 1920
al on which shall now buy Present prices may b
warranted but hate paying an advance buying on dea
ee we pretF holding them % Svsr on On me e faGs Tc OF % @
ii During March md April sll expect the receipts t.
n to r hgher s the general English idea the reports
be be eNSsTe Nee ST M n nus" ] es s mon as on
r purchases will will therefore be n good time;
our hopes are oandG First on the Of prs
IT. ;sl position Of ] st9GkS M here We ye az s n CFs AS
while the number of vessels loadmg with cotton is coierab
These are iair index to the tendency exports Ergo
@ sm" M he eyfn ay wn @ S9 s nj Ss proes sue n
that fine the new cotton crop should be showing a9Y
ana us sure MS good s'Aa secuteo, eNS Que M
M emoiIuS % stvP @ @ Sq' n M yn"Wn in o wear viii tax
place partly from the stimulus of price and partly owing to II
most distp!cts double the Usual tine aud labor
d The Whole Souh w Line linen y n ] S a yo kp"u tnow bmt
season. without reference such special reason cotton speen
md snail compass To- leave for the sumner At
the effect {" me re. @ hg 3 pfSe hs @ s eow Of
descending scale Of limits being on hand check the
level oF the bulk d such orders We should not therefore
surprised ISuEPGsHS soSl & s@Ra an no Dc @ all sI S gs
SHond be in i'll time to escape the possibility OF being c"s
'ai question low go: Not very ow
c' w came out earlv in The season. and woulI sill be