New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1858-12-02
Talk on ,Change.

Ihere was good feeling on Carondeet street yes.
terday King Cotton ruled supreme, and though
there were gatherings, as usual at the respective
corners they were mostly composed Of those who de-
sire TO be actng-that is, buying, but who under
restraint from too low limits There are many orders
on hand Tor Middng cotton at G3d., with freight at
3D., aud exchange at about the present rates which
would be % cents or about cents below the current
sales or value Of course orders Of this description
cannot be considered at this time. Our trans Allan.
tic trends VIII have to remove all restrictions on their
orders, and allow their agents on this side to act free.
The stock OF cotton on hand is larger than ever
before known at this season Of the year. Warehouses;
cotton presses and sheds are filled and insurance
offices are under large risks. However they are
strong and safe for all risks assumed. There is some
talk OF the necessity Of cotton presses and ware
houses on the opposite side of the river either at
Algiers or Gretna Algers seems to be the favorite
location Ndats nmporte, there is room for one at
both places 1t not unreasonable to expect that in
the course OF short time (next year or after) we
may have cotton on hand to the amount of 400 900
bales. Are there sufficient warehouses to accommo,
date SO large quantity Therefore, to be prepared
for the increase the erection of additional warehouses
and presses must be considered and kept before those
interested 1t is not desirable that the streets in the
vicinity Of presses should be occupied for the storage
of cotton and it cannot well be avoided with the in
crease of cotton each succeeding year.
The repaving of Camp street with square block is
again to be brought before the Council. II property
holders on this street desire to maintain their own,
they must move in the matter, by coming forward at
once sign the memorial to the authorities now prepar.
ed for signature It would be desirable that the con
cd
with the proposed railroad. The railroad seems to
have many supporters But if people complain Of
the CarrolltOn Railroad running through 50 broad
street as Nayades the talk is how will they be
ced to a railroad through the narrow streets? How,
ever let US have Camp street repaved all events or
twill be impossible more than half the time so pro-
perty holders come forward at once and do not force
the increase of trade to seek locations on Baronne
street The talk is that property owners on Maya
zine street will have to be watching the course of
events more closely Or rents will decline thereon
long They, however, can save themselves by acting
at once, and erect rst-cass hotel on the square or
on the corner Of Girod and Magazine streets, This
property has been begging for Improvement for years.
lis hardly necessary to aude to the great crowds
of people on our streets Canal street is perfect
jam from morning till night. The fifty thousand
people expected have arrived and the talk is there
will be fifty thousand more OF which we have not
the least doubt. On the great evee and landings can
now be witnessed the most animated and exciting
scenes, which send thrill Of joy into the bosoms of
the devotees of commerce. No where in the world
we believe, can it be surpassed. They may talk of
London and its vastness Northerners may boast Of
New York but we Of New Orleans can exnlt in the
great Mississippi and its fertile banks with the almost
countless steamers on its three thousand miles Of
navigation.
The next steamer from Liverpool will probably be
the City Of Washington of the 24th November for
New York. The Northern mails came through from
New York by both routes yesterday bringing dates
as late as due,
The Africa, for Liverpool, will leave New York on
Wednesday next, the Sth inst and to be on the safe
side letters for Europe should be mailed at our office
to-day. The mail by the jackson road cIosesat5 P. NJ