New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1859-03-22
Ntm ORLEANS Dailp Crescent.
TALK ON CHANGE.


| The talk was varied yesterday. The usual con-
gregaons Carondelet street were observable, and
so did the usual interesting movements prevail on
Tchoupitoulas, Poydras, New Levee, Fulton and
Front Streets and while there much talk abo ut
cotton, exchange, money and paper, it must not be
| forgotten that there are interests involving and
amounting annually to millions of dollars, in the way
of -four, corn, pork, bacon, lard and other produc
tions. Well, the talk to-day that the results Of
the great Western produce trade will turn out WELL
If cotton planters will go for heavy yields Of the sta
pie and neglect their and bacon, and have to
pay as they now do one dollar per bushel for corn,
and nineteen to twenty dollars per barrel for pork
why the talk is, that these prices much the
better for those connected with the Western produce
trade of our city, which is every year increasing in
value. 1t is not to be disguised that the breadstufs
and provision trade OF New Orleans has greater COM
petition with Northern markets than cotton, sugar
and tobacco. In cotton and sugar our city rule
supreme in fact factors have proved this by the
| steadness and firmness which has prevailed in our
| market during the entire season. They have man
aged to keep prices up from half to a cent per
pound over foreign markets. We did not intend to
talk OF King Cotton but the sovereign intrudes,
usual The general talk is, that there will be consid.
cradle decrease in the receipts Of corn -four wheat
and oats here this season. Fortunately the demand
for foreign expectation is limited there being no port
except Rio that will pay shipments of flour, and
that is doubtful Yet prices are we'll sustained and
pay well the producer though the demand is only for
home consumption. However, with such weather as
we have had for weeks past, it will not take uch
time to raise corn through the great Southwest. As
for other escuents, they will be in all Southern mar
kets in very short time, in free quantities. There
fore the talk of speculation and monopoly in bread.
stuifs to the disadvantage OF consumers cannot be
realized for the present.
There was some talk about the distractions at the
mouth Of the river. 1t was apparent at the close of
last week that the soliciting of private subscriptions
would fall through, and, so far as the talk was YES
terday it has proved to be the case Parties inter
ested in and shippers of cotton known to have bales
detained to the amount of 5000 900 to $500 900 would
| not advance dollar. Being fully insured and the
vessels forming first-rate warehouses at the Balize
they are in no hurry to have their cotton in Liver
pool because they know foreign markets will not de-
cline, and it will pay to keep cotton at the Southwest
Pass warehouse for few weeks Well, this is sound
reasoning. But it does not meet the views of the
owners of these floating warehouses, and as clauses
are in vogue it is hoped policies will not be attended
with the proviso-not to over six weeks deten
tion at the mouth of the Mississippi.
There some talk that the contract rendered BY
the IT, S. Engineer Department to the extent of the
balance, say 900, had been awarded and that one
of our Oldest merchants had taken it. We called on
him specially, and he informed US that he bad
thought Of making proposals more to aid commerce
and trade than to realize any pecunary gain. The
further talk was that the award contract had been
given to the Ajax of Agers our old and enterprising
citizen, Captain Peter Marcy. Ii lie has accepted the
conditions rendered by Government, or will accept
them and if the channel is to be opened and the OBJ.
structions removed we may speedily expect an ame-
lioration in the navigation. AS we did not have an
interview with Captain Marcy, his name may have
| been talked of and used without his consent. Fer
the benefit advantage and good of our city, for the
relief of the many ship.owners, captains and crews
is sincerely hoped that he has accepted the propo-
sals as, with his energy resources skill and indomi-
table industry, we shall soon have free egress and
ingress to our port.
The mails failed yesterday. Several cart loads of
bags of papers, or perhaps they might have been
public documents, We're received at the Post Office,
but old dates.
The next steamer from Liverpool will probably be
the Nova Scotan, of the Canadian line, of the 9th
inst, to arrive at Portland. Being good boat, we
ought to have her accounts to-day.