New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1858-11-16

The movements and talk yesterday, though not
altogether in unison with the weather, nevertheless,
were not lively Being the first day of the week. the
wheels of trade did not usual get to work though
they will in all probability, briskly to-day as
our neighbOr (the agent Of the Southern Oil Com
pan) turning out several casks of the veritable
and admirable rosn OIL the real product Of the South
and the wheels OF trade, in some respects, will move
to-day.
On the leyee and landings (as drizzling as the
weather was) general briskuess and liyeIiness pre-
vailed in fact, very large weeks work was com
menced yesterday. 1t is hardly necessary to aIlude
to the muttudes of people arriving by every convey
ance The great and favorite route of travel is by
the Memphis Railroad to Memphis, and then by the
floating palaces which leave that city almost hourly
Many hundreds come via the Jackson railway so
crowded are the stages at the gap that we think our
venerated Uncles mails are set aside to make room
for passengers. On the 20th the new regulation on
this road goes into operation. This may obyiae the
many frequent notices of the mail having failed from
beyond the grand junction.
The most important talk on the street Yesterday
was tile advancing tendency Of freghts though id.
was asked for Liverpool did not learn of any large
engagements at that figure The advance in freights
and downward tendency of exchange seemed to have
an imposing effect on the general cotton market If
another advance in the rates of freight takes place it
will influence shipments of produce Eastward from
the West over the railways However, as there are
now about one hundred and fifty sail of vessels on the
way hither, there may not be any material advance
over ia. for cotton to Liverpool We have seen the
time when Middlng cotton sold at 63 cents per h.
and I'D, or about cents, (nearly fifty per cent of
its worthy paid to carry it to Liverpool, and when
cotton sold at about four pounds for dollar, we have
known it to be carried to England for one dollar and
twenty-five cents per bale These may be called the
freaks of commerce ShpoWners will however. this
season be pretty firm in their ideas-the prospect for
return reights from Europe being very dnbious and
the passenger trade altogether monopOlized by the
screwsteamers, which appear to be multiplying
monthly
The question may be propounded, is it not time
that we in New Orleans should take into considera-
ton the building of line Of propellers to run to
Liverpool and Hayre? Who will take the Initiative?
What say you, Commodore Marcy? What says Mr..
Shepherd, formerly one of our largest shipowners?
What saith Mr. Maudon, another former shipowner? !?
What says Mr.. zacharie 2-how speaketh Messrs.
Whitney & Co. Baxter and Carondelet street in
Start our propellers, and we shall have an immense
passenger travel towards the Crescent City. More
than half of the European travel for the Pacific
coast and California will concentrate here to go via
Tehuantepec. The project can be carried through.
The chief talk, of course is on cotton; something
now and then on sugar. On sugar the talk is, that
the frost done great and iueparable injury No esti-
mates now rench 100000 hogsheads although the
cane was three weeks in advance of former seasons
though some dealers, we may term them Bears, at
this moment talk that many planters let their cane
stand too long, and might have saved much more.
On this point are somewhat ignorant, not having
plantation of our own to experience the mishap or
refute the assertion.
The mails came through by both routes yesterday
as late as due. Later advces are fully due from
Europe by the Vanderbilt.
CoTToN.-The receipts of the staple for the twenty.
four hours ending at o'clock last evening, were by
the Magnolia, from Yicksburg, 4SGO Princess
1927; Ingomar, from Memphis 3,279; W. Burton
from Memphis, l8lS Sallie Robinson, from Fort
Adams, 64O Indian from Tensas, 73S B. L. Hodge
Yicksburg, 1914 Relf, 1863 schooner from Apala,
chicola, IL; sundry conveyances, Al - total, 1857
Receipts for the corresponding day last year were
l3 ,l8G bales The train by the Jackson Railroad was
not reported at o'clock. If it brings the average
quantity of last week, 1874 bales must be added to
yesterday receipts
The receipts of saccharine matter were 1888 hogs
heads sugar, 2,446 barrels and SOB half barrels mo
lasses For the vast quantity Of other products our
readers are referred to the marine register.
--se ap---
The STEAMER METACoMET.-C Commander Mitchell
aud Naval Constructor Porter have reported to the
Department that the Metacomet is sound aud fit fol
seaservice careful survey of the vessel having been
made. The officers ordered to the Metacomet will
leave shortly the Washington nayyyard in the U. s
steamer Arctic for Pensacola. The Metacomet is de
signed for the Paraguay expedition.
wnnrnsA1r Pnrsn,.r,,c AZ Million n.r,r,4,, rt..-l