New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1858-03-31

There was not much talk yesterday unless It was
10 bypaces for the street. it is hardly necessary
to alude to it. The storm OF wind and rain is
described in another column. The mails were re-
eeiyed in due from the North via Mobile and
from the West by steamboats, The arrivals of pro-
duce continue fully up to the expectations Of con-
signess or recipients, and we might infer that the
resources of the great West are exhaustless.
Notwithstanding the terrific storm the telegraph
brought intelligence Of the arrival at NewYork of the
steamer City of Baltimore, with advices from Liver
pool to the 18th inst They quote decline in cotton
Of an IT,. There was no inclination to move to-day
any how. This was, however, owing altogether to
the inclemency Of the weather The foreign advices
have not yet frightened any body. Whether the ac-
counts OF the 18th should be considered as any ncen.
tive 20 depression remains to be ascertained. OF
course buyers will be insisting lower rates to-day,
but it is not apprehended that insisting will create
them unless the Persia should bring adyces Of a
further decline.
The mails to-day brought dates from New York as
late MS due, without, however, adding anything of
importance to our general intelligence. The Western
mails from St. Louis brought dates to the Gath, and
Louisville to the 23d- From what we gather there is
large quantity of produce to come to market, the
farmers who have been holding back from Interrupt
lions of ice and low water have now the opportunity
to move. It Is not supposed they will hold until
another crop is grown and ready for market.
The general talk for two days past is the great
activity In the local trade of our city such as sales of
dry goods, groceries, etc In fact the general results
Of the trade are likely to prove more profitable than
in any season for years past The trade with Eastern
Texas via Red river Is increasing beyond all expeeta
tion So will the trade Of Northwest Louisiana, It
Is now far more lucrative to city than the trade of
North Mississippi and Tennessee. West Tennessee
only purchases in Neworeans, sugar, molasses, coffee
and saltthose articles which cannot be obtained in
Northern cities only at increased prices, to which
may be added the cost Of transportation. There was
IA former times large purchases of dry goods made in
this market for the Western District Of Tennessee
but the trade Ia this particular line is the only falling
on we have to notice. Railroads cannot, however,
compete with the river Mississippi in the way of
transportation, and cotton will seek this market as
the greatest in this coniederacy, and where more
buyers congregate yearly than in all other markets in
the United States.
There is very little talk on the prospects for the
crops Of the present season. The ground is all pre-
pared for cotton and planting of the seed has
been progress for week past though in some parts
Of Texas they are in advance. 1t has been reported
that the weather has been too dry for sugar but
plants are premature. Then, again, we notice in
some Of our country exchanges that there are the
highest prospects of abundant crops for the com,
ing season. Such remarks ought to be cautiously
considered before being made, as they lead to
hopes which may not be realized, and greatly inilu-
ence foreign markets. This is talk, aud as the