New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1858-11-19
/. 91eh OrIsans QaiIg Crestent.
FRIDAY MORNING, NOVEMBER ia. 1sis
Talk or Change.

FRIDAY MORNING, NOVEMBER 10, 1858.
Talk or Change.
There was some talk yesterday regarding the
accounts brought by the Canada, which we laid be.
fore our readers in eztsnso in yesterday issue Mid
ding Orleans cotton being quoted at G5d it is about
time the talk s to consider whether the public has
not been led astray and deceived about the great in
crease in consumption whether Or not production
has not overtaken consumption. It will not be for.
gotten that about one year ago there was tremend.
Gus onslaught on the cotton in Engand-prices fell
from 3d. to SD and 3d. under limited stocks as well
as large consumption, though occa5oned by the
crisis The at0ck in Liverpool, on the Both October
1867, was 3l7973 bales. The stock on the 3Otb
October lS5$ (per Asias advices} was 4llI4l bales
BY the Canada, one week later, it is reported to be
100000 bales and yet with the supposed great in
crease in consumption the market has declined half
penny in the last four weeks. There has been many
misconceived opinions advanced and promulgated re.
garding this great increase Of consumption but as
large as it is the production appears to keep pace as
viii appear by the following table.
1t will be perceived there are no estimates, calcua.
ti0ns or views advanced regarding the future The
table is one Df figures and facts open to criticism and
refutation.
There is 10 much vague assertion concerning the
enormous consumption of cotton that it nav serve
the general interest to have placed before the cotton
public the authentic figures Of the real consumption,
especially ais few of those most interested possess
either the industry the desire to keep the facts in
sight SubIoned are the authentic figures for the
consumption of American cotton Of 1856, 81 and So,
commencing with the lst Of October in Europe, and
lst oF sentpn,ber in the United States in ordar ia
comprise the crops produced each wear
49, III, 4, 4 o.t.b.- i, yrr,ao sso,
Ut Of September in the L. s. 1900 $4,000
And crop Of 1s5s-,55. 5................... 22fq mn
r,,.,sua.,. 80
Deduct stock 1856, l,t Of Oct ia Eqsoze. Ggl,O09
'7sp'' ~ 'us = o. oi,-J5 Co9yo0
consgm2tiono o Z months including cot o,ooo,,
Of which Europe took .2477,ola
" ~ gu o'''s' ''oA '''''.''' M s25,V9
STOCK 1856 s' Of 0eober in Z roPs 62loo9
- ''op y CIV . ''.'''''..'''.'' Z9tl0y
Total sspeiy - S5O5OO
!. lst Sept. in te L. s.. ~ % 3G7,0OJ
Consn71ptou for 12 month, including cot.
ot To- t2 a3 i2st at ] Sen ,.o 8298o0o
Ulited States took ..........., 7U2UO0
Stock, 1857. f-t of Nov, in E,roDe 3Ism1
Isl Of Sept. in the L, s',''.s.' $500 3G7,oo
And crop Of 1851 57-.5s..,,....,....,...,.. 8l14o2O
TotaI tupp1v. g,sI nm
Deduct stock. 1855 IT Of Of oct a Europe 5l9o9
D-s-e-C
o,. + 81 sea- a. 'io.'s' ''.u.DR s'' s 600
oi which II. EaToge l,3, !2ols @ 24i69l9
,r,, o,.,n,,,a s5.,.,..,.,.;.. 60. -
no ooo taIS,f ,r,t;,, ,t , g.s.
'l1 I''s. :tot
thot ~ wy s'usl.'
p'loN e'eu
=! my ''o
iuferences and deductions. Where will prices be if
another fill crop, or really fu CROP. loom ID next
spring not cut up as the present growth was on the
9th and 18th Of April by killing frost subsequently
by fearful inundations ana lastly, seriously injured
by boil wDrm and caterpillars?
We should Of course look upon the position Of this
great question iii new or di&rent phase of values
1t behooves factors in their dealings with their
patrons (he panters) and the banks lin the contents
Of their Bortolios to know to what extent it will
answer to assume responsibilities for the next year, to
keep bYght lookout. and Hot suffer themselves to
- .'io.o
tto
VIZ. 9Yy s,,9
~ r.r,at
@ ~ l-9.i,} ~, 49, I,,.l
- '" "7'ii'' ~ oo''''lA'''42t'' ~ 11h5 5'''tN'