New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1859-09-29
TALK ON CHANGE.

The congregations on CarOndelet street and en-
virons Yesterday were numerous dealers in cotton,
ship agents. with exchange brokers and Dealers were
about at an early hour. The European advces up to
the 18th inst. duly commented on, and appeared
to have taken the public, part Of it, by sur
prise as the decline in cotton, as reported by the
Circassan, unexpected, particularly for two days.
In all probability the intelligence from China caused
the Decline as Mr. Bull is very sensitive about gun
powder, and its effects make an impression on
Threadneede and Downing Streets as well as on the
flags of Liverpool. 1t is a very bitter pill for the
English and French Governments to swallow the
drubbing their fleets and squadrons have sustained
by the celestias. The talk was, what effect will it
have on business and trade in general in England as
there will be more money called for to meet the
expenditures. If the Chinese have some Yankees or
Russians to lead their forces, long war may be
expected the talk therefore yesterday seemed to
hinge that the disturbances In China caused the
decline in cotton, as per advces by the Galway
steamer. Well, on taking tour of observation
through Tchouptoulas, New Levee, Fulton, and
Poydras streets, the Chinese war did not appear to
be thought any great shakes. Flour, bacon corn,
and other Western productions seemed to hold their
own nor was it perceived that Western traders and
merchants we're in any want of money-in fact, the
most of them appeared to be as independent as the
great Mississippi when running over its banks and
creating crevasses. The European advices which we
laid before readers n exenso yesterday SO far
regards breadstufs and provisions were deemed favor
able, but there was nothing received to warrant any
advance in prices and the talk is that flour and
cereals cannot vary greatly from present rates. In
all probability there will be more Western produce
required for consumption in the southwest this year
than last or any previous year. The almost daily
shipments for Texas indicate that there will be a
large demand through the entire season, particu.
| lary for the Rio Grande. True, that section Of
country presents very feeble market for the sale Of
| breadstuifs when compared with the European OF
| West India markets yet the Texas and Mexican
markets and trade are not to be dsregarded. The
talk is that there will be market here for all the
great and varied productions of the teemng West
80 our Western merchants, farmers, and traders car
send forward their produce, relying on good prices
cash payments in gold and siver, with charges
attending lower than in either of the great Atlantic
| cities.
We intended to talk of the activity on the leve'
and landings yesterday. By reference to our marin.
list it will be observed there several arrivals
1t is too early in the season to expect genera
return or opening Of business though there are man.
hundreds perhaps thousands of folks arriving daily
yet they do not bring the sinews of commerce ant
trade. OF course there some talk of cotton ant
the present crop that is its extent is daily talked
The receipts, as will appear by the following figures
are large greatly in excess of any year since 1856
We append the receipts at this port for the following
years, including September 2S, viz: