New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1858-11-05
Talk Oh 'Change.

The Americas advices, up to the 23d ult from
Liverpool were received at an early hour yesterday
They quote decline in cotton of an 3D.. with sales
for the week of $4,000 bales. This is below the
average consumption per week. There is also some
thing said about the submarine telegraph, 1t is
about time to suspend dispatches about this tele-
graph. When it gets into operation we shall be glad
to hear Of it, but it is no use to be tantazng the
pnblic about any improvement in communication
nor do we care lin this community about the value
Of the stock, whether it sells for G3OO Or GI0O per
share. 1t is we'll known that it is dead stock and
we doubt if there is share owned in New Orleans ;
50 it is wasting time to forward any intelligence of
the wire as it has been given up here weeks ago by
those who ever had any faith in it.
The talk of crops ruled preeminent, and on the
streets it was tolerable lively Towards the close of
business drzzlng rain commenced, which con-
tinued through the evening, somewhat interfering
with outdoor transactions. The selEdesnucton of a
heretofore prominent merchant broker, and citizen
of standing was a subject of comment, full particu
lars Of which will be found elsewhere.
The dispatches by the America, or such as have
been made known, say nothing aboat Manchester.
We wrote the following On receiving the accounts by
the Indian, published two days since, and which was
crowded out at the time
The European adyices, received by the Indian, oc.
casoned some little talk They were deemed some
what of a weak character, Those young factors who
depend so much on the price Of consos, will have
learned of decline of an eighth or more, which
| figure is becoming somewhat mmortalized, as when
cotton goes either way it generally goes by eighths
The telegraph also brought the following: The ad-
| vices from Manchester continue of an untaVorabe
character. This quotation might as well be stereC.
typed. We have received it as having been brought
by four or FIVE steamers in succession. We received
it by the Persia, and published it on Wednesday, the
9th ut. as follows: The adyices from Manchester
continue of an unfavorabIe character
Now, these reported untavorable adyices are re-
futed by private correspondence and by the general
brokers' circular, received by the Persia, which We
published yesterday morning, saith as follows:
Business in Manchester is NIL that could be desired
but spectators are still pOWerless to step in between
the importer and consumer, and prices are too much
above an average to attract capitalists,
The talk is that some explanation is due regarding
these uniayorable accounts, as they have been re
peated very often without being confirmed.
The frost SO long hoped for has not yet made its
appearance. Absentees need be under no apprehen
sions about returning the fever is gradually dyins
!
tion OF frost Though frost might check it at once
we have known cases of fever in the months of De
cember and January, following the advent of bacI
frost and corresponding cold weather.
It is hardly necessary for us to remark of a steady
increase in business in every branch of trade Abou
the Custom House there is rapid increase, and i'm
ports are larger than in any former seasons, taking
all things into consideration, and some things not intt
consideration. We are moving auspciously to thu
greatest seasons business known in the annals of ou
city We do not care about the upper rivers rising
simultaneously with the lower streams, as business
would crowd in on US too large in fine, it woult
come in a heap.
There is something wrong in the connection of tht
mails on the Jackson Railroad. There was anothe
failure on this route yesterday, leaving behind NOS
all Northern papers. By the Mobile route there wer
dates received from Boston Of the 29th ult. Th
Americas mails will be due about Saturday, 18TH
The SLAVE TRADE IN AFR1CA.-The Commando
of the British steam gun-yessel Teazer, which hai
been occupied nearly four years on the coast 0
Africa states it as his opinion that the slave trad
cannot be suppressed by the mode at present pun
sued. The native chiefs invite the slave traders t
make ventures, and the dealers calcuate that th
successful transmission of one cargo Of negroes wi
pay for the loss of four The price negroes on til
coast varies from SIS to $50. At Whydah the Kin
of Dahomey will not sell them under $50 to $50 each
but at Cabenda where the nearest relatives freely oe
each other, the price ranges from $15 to $50 only
The number kept ready for sale along the coast cause
such great consumption of nuts that little export
oil can take place.
1t strikes US if the "philanthropists" would pa
more attention to the suppression Of the Africa
slave trade in Africa and less to the traffic denounce
by the laws that they would show more actual goo
sense, aud probably accomplish larger amount
results