New Orleans daily crescent., 1859-11-17
TALK ON CHANGE.

Nothing of Importance transpired yesterday on
Carondelet street. The usual gatherings at the
several corners were large-some remarks on the
staple passed, a little talk about exchange, some
thing brought up about freights and vessels, and
good many remarks about sugar. The accounts
from the coast are Of the most unfavorabe charac-
ter The cold weather of Saturday night the 18th,
the 18th and 14th has cut short the expectations of
planters largely. 1t is impossible at this time to
arrive at the real injury sustained. The frost last
year which seriously injured the cane was on the
18th of November, but the cane was considerably
in advance of this present season. We shall have
further accounts in day or two The transactions
yesterday in sugar warrant us in the belief that
higher prices will rule. There was some talk of
1000 barrels of molasses, the bulk thereof, on
some plantation on Bayou Gross Tete having sold
at SOC. U gallon; and the talk is, that the gimet
rangers at the depot are asking higher figures than
last week for both sugar and molasses.
There were some country traders and merchants
on the flags yesterday. They talk and complain of
great losses in cotton purchased in the interior and
sold here. This is no recent thing, and can readily
be accounted for Cotton directly out of the gin
house will of course lose or less in weight on
being sold in this market. 1t has been from
time immemorial. But many country merchants
have been paying too much for cotton, say for the
general run ll401l2sc. These are too high prices
even in the way of barter half cash and the
balance in merchandise We are informed that as
high as l5c. has been paid at some villages between
here and Canton, Miss, for fancy parcels. If we
could name the markets between this and Canton
China, there might be some shadow Of reason for
this high price.
The receipts of cotton, though large, are re-
stricted from the very low stage of water. There
is in the statement of the Mobile Price
Current of the 18th inst. The receipts of the 4th of
November, 1885, are given as ll5,525 bales, and
the receipts of the 18th November 1858, are given
at the same figures. This would lead to the suppo-
sition that there was no cotton received at Mobile
for the week ending the 18th of November last
year, 1853 1t is presumed the discrepancy will be
rectfied in the present weeks figures. The figures
should be for last year 1877 900 bales, which would
make the excess of receipts at all the ports up to
yesterday over last year lis $50 bales instead of
1877 900 bales.
There was of course some talk of the fire demon,
the sway of which was again made manifest in the
burning of half of square of houses in the Fourth
District yesterday morning. These continued fires
have led to the declinaton on the part of two re-
sponsible offices to take further risks beyond the
limits of the pipes and conduits of the present
water-works, and other offices are considering
about enhancing the rates of insurance. 1t is no
use to talk any more about water. If people will
not move in carrying out the purposes and intent
of the privileges granted to the inhabitants of the
Fourth District by an act of the Legislature, we
cannot help it. Some people are nstituting suit
against the present water-works for violation of
charter. Fudge the State has already tried that
course and was defeated. The city has brought
suits and been defeated. The present Company
have not the resources at command to extend their
works or pipes The fact is, in the parlancc of the
day, it is not strong enough-it has not got the
ready rhino." The stock is worth but little over
SOC. on the dollar, and we expect the entire char