New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1858-01-27

indcaIo wanting probable scarcity n the articles
good ground sr ascipsne sti HIGHER rates II september
ssst NE n ls ess x. ss sd far Tor
mainly g. h, dsos ~ chss mail. nass Ssss sas e
aecness Of The consumption AZ such high IAc was mAier
lone was maintained during ali ms month aud including ihs
week b. a. l psvsss IN pa aS sp
Bas is sna results The Bank e England
aud Ameesn adyees assumed more snxoas ecnpexon,
DE mercantile ssd irsasS nen seAs more eenaso sna
cent added ION ss,ssss sasa,g,a making &c
hs en- z y rsE cent per snssm T. eomnsny with
sion Early ne iraa and Of hrsi Importance
Liverpool Borough Bank nsmaisly eenpectedwlh ne
sSsni nsehlsS which sie,ed his eomnnaity glance
iisssr interest share IN the eaiamies
& ne tines s as Carnations there shpgn fail g mark he
Fregnea pses eseams entirely nominal under The extreme
slightest point 81 Of Middlng Orleans then w
nsa n Al ~ sSas cause ri Pc, II have
ired produce such amentabls oveseppnr
siS sS asS through ass scarcity
supply became visible usual course this would
have been e sssy and 5sar descent bringing with
Prem whence them the sudden rsysrses which
firms Il high repute and pect soiyepcy 4 % @
banking establishments into utter and
the soIe cause Of the fearful caaisss but reckless
suffered Nothing i more easy fol those Who asays stop Be-
hind isn condemn the spirit # enterprise and adventure
There H. however evidence found Of trading or
& '' sss Sss
ss ss e ss Ky ass s q
system Of banking I'D currency ~ adapted or carrying
hueiuson II the value Of money have alternately
bs s vi so sos
ibs "a isis IN america bad a least indirect
nj country and ne dsasion here has been that he Continent
proved wiihdrawai q specie from he banks
n ~ ns me, uss ssa noadng compelled by the
only ended by the suspension Of Of Charter Of isa
y S &c sos ss
a1d udeoa 1 ssyIsion Of our monetary
s s @ n 81 sG1 s II e ss
before entering upon this part Of the inanTy II vii
6 w u I ss sss detail % s
q * b s NE year e @ e hs equal e weekly
week bnt The point calling special IS that the use Of
z@srss p s1s has fallen Oh in s DEGREE
C surat cotton the consumption 1870 per week
s ss ss s ssss s sa Son aSssa
Sss os9 = fs ss
worth noting and carry along with them their comment
rsgaIIsmssis permanently o9lsIipPs he production Many
portion suras and the quantity known Be annually grp~n
T. tie East Indies beyond that which ensures
these kinds over any former period
s ssIss 'A' year sS0' he largest before was in
PSsvsu. has perhaps destructive to
tain period yielded fast promises Of successfa This
able been carried on either 50 sshy or 50 pduiy Tb
S s aHantiig q ssR IN ~ was 4ls against so in
entered into in East India been the
s All q price seriously he io s pS 1H S
fearful gsOgos,sn' Brokers and ssgs
q our market As these come hand sa
and Of american cettOn also large portion Of the imports
come under circumstances which compel the be
Of the past prove little the msnen
though every conceivable should seem 70 warrant
soP as & ay IL me s ssu
est dedncticns frequently fail to Anticipated
adaps every tnd q dI ssesssy r. r
he srs ~Ssss ~ many LIKE absolute
iiie avail and shall perhaps best perform duty our
aud leave the conclusions be drawn b their ademsut
price The crisis through which we hive been ~ c
ID bat iils 4 AZ al die monied interest Of this country
former occasions diverted into other channels than
asSSS o ss ~ sa @
desiss Or Of continental troubles
u.s. Instead Of want and scarcity OF food pressing then
with richest abundant haryess ever expe
$ and although the past few months have been agh
ally must not Be forgotten that all have enjoyed long
aad condition Of the great consuming we're Of highly
satisfactory character The world 10 fact richer the
Gently an apparent deficiency Of the coin looked hard the
only be scattered the nations Of the earth bring
az ssro IKE se Cd. extended and tangible wseh9e
show gathering strength and discounts are reduced
s ps9s Pfs SRSs
chase eoe 5y The trade and Prices have advanced
SG aas 81 rAi Fan sS' sds. s
Aids s%s period E ss 6ssa. Nsdn Sds-
as hHs S. sa S%ss Md
# Isss Fahries b found The q the
' p SsIs e rsS Sq a MI soon
ierns rebellion but Il il hoped Of early s,6neaon TIE raw
material stocks either in this country continent
in the ports q this kingdom only 1850 bales the
So Consumers Of these not present IN
hsavy loss even a. the now reduced value Of eos English
yousy a very long time past these have been Guile
neglected and are apparently going Of IN this country
dnctiOn has been submitted per h. Cotton worth
cannot bs induced q purchase at even h fbs
lower qualities have fully participated in tbs decline noted IN
look for consinusnce Of low range Of prices The stock
abundant Egyptian cotton Of tho crop likely prove
Although we have renonnced predictions the foregoing ma
tuay forces 70 one Or two conclusions Diyesed
the m soo oos Be- s %os se s1
%1s SsSn ss $ q q supply than S
70 prices IN the year which entering fhemer
etng as to Us extent probably he figure may
between Ihs ezemsssay about 3I5oooO bales but Of this
Great rtain rom all appearances will probably receive
much larger preparation than last year spnners the United
dspsG Zeal ne s S ausSs ss
ch and may probably not be content to accept very
hgare whilst they anord to hold contn
gences From the East Indies shall not probably receive
Increasing qns hsessr q pss sa sesS
ndneement from all other places may assume about the
same imports formerly.
We have thus before after the Of hspas few
reference position thnss he value Of he sS sisps
has 30 far this In the American shipping pors ruled
comparatively high As emerge from the crisis and effects
q TIE monetary pressure he true aspect Of affairs will be
seen ana understood; moderate will doubt be
mental as heretofore In restoring the ground eonsup
ton, whilst with fair supply violent fluctuations may be
escaped and all who shall experience
during 1858, prosperous and satisfactory business
We remain very truly, yoar friends