New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1857-05-05
TUESDAY MORNING, MAY S, 1857.
Nth Orleans 9ailp Cresttnt.
TUESDAY MORNING, MAY 5, 1857.
Talk on 'Change.

TUESDAY MORNING, MAY 5, 1851
Talk on Change.
The chief topic yesterday was the gradual falling
off in business. In some respects there was no gra-
duation whatever, particularly in cotton. 1t was
real stand still, knockdown argument, in the way Of
receipts of the article for up to o'clock last evening
there was not bale reported having been received
yesterday.
The storm of Saturday night and Sunday was
unusually severe in sections of the country and
we expect to hear from some Of those indeatigable
and reliable correspondents for the English mar
ket that there was scarcely sufficient rain to lay the
dust. In the of our perigrinatons yesterday
we came across another of those " rich epistles II
which have emnated from NewYo the past season,
and ndited expressly for the Liverpool and Manches
ter markets by of those charatans in commerce,
which we have had occasion before to notice.
The following communication is taken from the
Manchester (Eng) Guardian, and was written, we
believe by an individual who is not unknown to the
the commercial community Of New Orleans Respec-
table parties here impressed with the belief that
the bread Of the writer Of the circular depends the
income of his business received from this city, and
the general interests of which he so efficiently strives
to injure.
It is not purpose to wade through the manifold
errors and garing inconsistencies of the contents of
the circular We arrive at the conclusion at once,
that it was written to mslead spnners and manufac
turers in general, in Manchester. Whether the wri-
ter has not made himself out an unadulterated hum
bug kangaroo, leave for the present position of
the cotton interests, market and results to determine.
The writer seems to alude strongly to the small
sales of cotton in this market Saturday the 2lst
Of March, but omitted to aude to the sales of 20 900
on Monday, the 23d March, which, if he was so well
posted up as he pretends to be, be ought to have
known.
We have not room nor time to go into an extended
review of the circular. We are fearful it would be
waste of time to expose the disappointment of many
woudbe operators in cotton who have deputised the
writer in question to SANDER and defame the cotton
interests of the South But to the circular or trade
Here is repete with all its errors and bombast as
written:
New YORK, March "a 1857.
The m o IN The receipts Of cotton at the ports
and gives prices another shove upward but the attempt
unsuccessful Here The market called sc higher New
Orleans and Mobile The same while at Charleston and sayan
however in the cities auied to, of very little
@ es 5 small h S h hs R%s
N o s a d 2 5 re G 5 1 n sa
day and in fact every day Of late the most opera
for the papers have each other to see
h a noT we9a @ @ 5 nSs of b 6 M pg
ported the sale, ny large but INC now & that M the commercial
testing the Of each in quoting the greatest
and forms no guide whatever to the trade ee here or aSread
The dodge the specula9rs have previously had
in transit but | repeat the assertion, is impossible to
that very buyers away somewhere but tSsfe
are no collateral existing TO give them even he
in the trade confirmation Of these reports,
and yet the eFs day I from s's two to
aud 5000 bales have told by Of the brokers that
OF regular weekly circular and WHO'S said to be
S M both hs ON the &C. M and & in & & and
goes e ruined if the reverse he pockets an in,
fortune leave readers judge whether the
opinions Of person deeply interested in be
So far my own observation extends the strong confidence
that has been shown by in the firm maintenance Of
aRs nP G" nSh S rap a ese @ WIFI sellers I'm M
ious to unload buyers inclined than they
S 5 here he
me aeq om Tls the narss pts "
week since The main reason for This Of things be
turing Districts hs; The hsh prices hs1e and
cept in small way, kept back Early season when
s e1 ts Ma5 n bnyTs the 5 sG @ @ the
g for her 1e 'a, I'll they could sell all the cotton raised
proved serious mistake for the continent has almost
@ last in dompss hs '"d 9 y
cmuang stocks to Liverpool where they opes
however many will be makenn caIculasions
and that instead ct coming with whole skiD they will
cons derable losers.
The manufacturers of England who have all along regarded
e Tor @ ns pupGse & & forcing them to pay te
I %d th 1u ] i3 b se IN me @ mdrGet @ VIII m ee speedy
the manuacmrer This will most undoubtedly the and
for England to make # posb ouiek e e e of , hsr orE
men Of late to verpoo are proo Of y an
that be sold in the nythng like the fig
Tss aHep % ha & ne contest In ihereote is to be to
touch and specnators are already f to the mule and
fer getting out to increasing their piles. any additional
os ] o & @ enc IRON England during hs remainder Of the
sent out both from Engsni and the contuenl and nfu6IiJ
have already been eountemaned limits materially
ae h m Gf a he on Liverpool I market there'9t not
en Which, as before stated are sent soey for the
being disposed Of at the best possible price for who
nn m n M Is so mwso as to Be ss with stock Of cot
prospect Of The next crop being the largest ever Il is
| i"'7eS,