New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1858-04-28

Forsign Exchange closed buoy
sncy morning quotations. the principal business in
bankers bills sky days London done at 100 com
mercial bills l0s1E "a l0syS.r'
There are many about the cold weather
which lately We have also reports Of iross from
several paris country but may DO permitted
~ j. premature be thinking shout frost having any
sscr on the crop Let 20 back years
1881 the following dispatches were received At the dates mem
toned ,s.,
Heavy iros last nghtmost Of the cotton killed or injured
T. A. NELSON.
GRENADA Miss. Nay p 1851.
We had fios here on The ID inst very Late
bad stunds-lach to plant over
EpDrvnlE. KY. May 2 1851.
MRssRs HEWITT NOTION 4 Co,
'''-'~s f'''''' tiKXNY o'HARA
In publishing the foregoing only 10 en-
tighten money lenders, dealers in paper and capitalists
a they have weak basis go to talk Of enhancing
maintaining present interest," there
cold snap OF weather inmatng may
crop We desire inform them that though there
frost throu shout Southwest In May
1884, crop for that year ls5t2 OBS 029
bales how much money lenders
hybrid and go rnorrowhut
desire when permanent resident favor they will
objections about FROST bad prospects
There very little done in to-day What sales
heard Of the Of 10 aud IL per The calls
the banks light
The Exchange market was also very quiet Some Of the
banks sold checks New York par others asked 4
Outside fat roAnd OF sight sold
discount Thirty days sight quote discount sixty days
sight sold At IS discount though drawers held "a IL
Sterling improvement lis
shipping documents taken loI a 0s For remittance
heard transactions and l0s "a
l0s5 for bank drafts without change
We quote 5 seq q rs and $40 6ebl5.
The stock market quiet The only sale heard ten
shares oiaen Bank at TASK refused for 100 shares
Jackson Railroad
Tbs steamer cen Ruak arrived this morning from the Brasos
ST. aso bringing three hundred thirty thousand dollars in
silver There prepared take so large an
under tho dornancy Of The European market The
highest offer heard Of l04 Some email lois were
taken at this ~te. This is the largest receipt any
coin from the Rio drande have years past We
suppose good part Of this will and the way to The
Mint TO be reeoned and into circulation in way or
another
The following remarks regarding the supply of cotton from
India, take from the London Economst Sd inst II
appears the form Of communication Of London merchant
the old story about supply from India
SUPPLY OF COTTON FROM INDIA
an additional @pOE, from India s 1851 beyond that Of 1855
the demand from China sci es large portion Of Xxx sxty
quantity which woaa Otherwise been sent to that
fact hey have n for such Supplies as the nsd ec@sSmp
ssh n onb n ny ~ ps, esa ~ the cos. Fl ne s
then the Whole q the additional import from India ino England
would probably have been reduced pfesen
&C .ual amount.
The import quennh to be solved. therefore, still
l. Can India produce greatly increased quantity cotton
2 What the rest OF stimulating further supply
or lhe capabilities VI India to produce any
quantity cannot entertain doubt but
has seemed to show that litlle, II any improvement
qu4y results from the Introduce
ence 10 the method Of celure he INDIGENOUS soil aud cs
appear speedily azsmilAe the produce
growihs What the elect Of irrigation might be- Is still
II is considered probable by who have thei
attention the subject, that additional supply
would greatly improve the quality Of all Indian cotton in
As 10 the means to be taken 10 induce an extension
cultivation feel that the assistance OF Government
should be confined to opening good where they do
aud then leaving the euvaoFs aone free they
II cotton Is 20 be greatly extended in India Il will b. be
cau4e In the regular of IL is payn
crop ihan the crops. Alhourh up ihs India
the wants Of Maneheste the occasional stimulus hig
price when the American has fallen Short has had IN
effect u steadily increasing the Indian growth the
sion would have been far greater had been IN chez
in the Eugh market When is abundant
moderate IN tie manufacturer pcle
opy induced 10 purchase by their relatively low pee
both when American cotton Is dear and when q 70 cheap
prices for VII classea cotton ayerag
paying price feel doubt that Whatever quantity Indi
cotton may be wanted will be forthcoming.
N regard 90 the question Of cultivation by Europeans,
am uspos' 10 think that The Hases will cultivate much
ehesply, and, other reasons
hair the work In the OF European that he will with hi
own Interests IN view His jec when pai IL do
e as he can Snd he u quite Indifferent how Ii doneper
roads and Improved " transport European capital
pffhend, viii best perform its stimulating functions
poyea m direct putchses country from thu Ryus IT,
RUE pAss ths merchant 10 ship cotton Epgand aud III
on q coIea will extending, and there mitsbl
nsld Tor lis extension.