New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1859-08-20
TALK on ,cHANle,E.


and environs yesterday. The general talk about
cotton, freghts and exchange, and the quantity of
new cotton expected to arrive next week, which will
be taken up on landing, orders for the French and
Spanish markets being already At hand. It is not of
much use for buyers to be in hurry and go into the
market under Juror, taking up vessels in advance
for cotton which is now being picked and baled.-n
fact, we desire operators not I'd be too fast How
ever, Il they feel disposed to take all the Middng
cotton coming market at IL to l2A cts, so much
Of the staple are will be in demand for the French
market, and there will be great competition for choice
cotton-that is, such as will class from Good Mid.
ding up to Fair and Choice.
There were some few operations going forward on
Tchoupitoulas and Poydras streets. There was some
talk of the cost Of is the freight
of barrel of -four from here I'd Shreveport which is
fixed at the rate Of four dollars and barrel of
pork at five dollars. These figures approach the
rates when keel boats and barges, cordwelng and
policing were in vogue. However, if the planters of
Northwest Louisiana can afford to pay these rates. SO
much the better for the propretors Of the low water
boats. The query is propounded, if it costs five dol
lars to transport barrel of pork weighing (gross)
$50 pounds to Shreveport how much will it cost to
weight from said port to New Orleans? According
to the tariff of reights established for Red river
would cost about one dollar per bushel to get corn
to Shreveport from New Orleans. This furnishes the
strongest kind Of argument in favor of railroads and
the great importance of the Vicksburg and shreye.
port railroad also, Of citizens merchants, one
and all coming forward to aid the Southern Pacific
Railroad, which is now in fair way of being saved
for the good Of the great South.
Well there was some talk about the maximum re.
cepts Of cotton for this year. rather of the crop
1865 We suggest to the dBbelieyers in our figures
of 100000 bales, and who rely greatly on the
yearly statement made up by the New York Price
Current, not to be alarmed they will have the
felicity of paying their wagers on $3.50 900, 3775,.
600 and 100000, If their mentor in Network foos
up correctly We should like to know what is the
use Of disputng in regard to the sixty thousand bales
received over the railroads at Lowell, New York,
Philadelphia and Baltimore, when the receipts by
these roads were taken into account last year. Are
they to be rejected this year because some parties
underestimated the crop from two hundred to five
hundred thousand bales We reckon not. The
annual statement of cotton ought to be made up in
this market every year. For years past the public or
the cotton trading community have been looking to
WV ySeAy ASFo's Aouo w iH NtW 1OTk as tne SIAN
dard. II is about time this imaginary dependence
should cease as we are getting into the figuring art,
and our estimates proving facts; perhaps should
encroaeh the presumed perogative of our older CO.
temporares, and the standard for the cotton
trade hereafter If the real receipts for the year 1868
aud 80 are correctly made out, they will be found on
3lst inst to exceed $780, 0p bales rejecting 100
bales shipped up the river Ohio, out Of the Ill IFS
bales known to have been forwarded inland We,
however, content to rest on estimates made in
January last, though increased afterwards.
E The talk is, that the receipts next week at this
port of the new crop will be large, and that high
figures will be realized for Good and Middling cot
tons that freight engagements have to be complied
with, which will give factors the advantage. Quiea
snbe