New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1859-10-21
TALK ON CHANGE.

rondeet and environs. Absentecs are returning
daily by scores. The Africa which arrived at New
York Friday night last, brought a good many
candidates for commercial fame in the South. The
talk is, that Manchester and Glasgow, as well as
the great town of Liverpool, will be well repre-
sentcd in the cotton regions this winter, particu
larly in the latitude of twenty nine degrees fifty
seven minutes north. The Persia which was to
have left Liverpool on Saturday last, will bring a
great number of returning Louisianians, or those
who call themselves such. The Havre steamer,
Arago, will bring further number. In tile mean
time there are several additional commercial firms,
agencies, or agents, appearing by representation
the flags.
A part of the Afrca's mails were received yes
terday, and very small part. As we talked few
days since, it takes three days to get European
mail through, afterit reaches the postoice in New
York. What private correspondence per Africa
did come to hand, tells dolcful tale about the
sales of low inferior qualities of the great staple.
Cotton that cost, laid down in Manchester, Gld.,
was selling at dld., equivalent to loss Of ten dol
lars per bale. Possibly there many parcels
in the hands of weak consignecs, who were forced
to sell; but, in our view, it does not make much
difference in whose hands, whether in weak or
strong, Of under the control of the Bank of Eng
land bale Of sand and leaves with little admix-
ture Of cotton will not be worth any more a year
hence than it is to-day So it is well to get all the
trash off of the market, out of the way, as soon
as possible. True, it will be very hard for many
shippers: but they must forget that we talked to
them last spring about encouraging the newfangled
mode or gross inattention of buying reputed bales
of cotton which turning out anything but cot
ton. Therefore, it is barely necessary in alluding
to the private advices by the Africa that they bear
very hard on low descriptions of cotton, without
the least remote prospect of an Improvement
The exports of gold and silver from London for
the nine months of the present year, say from the
lst January last to the 30th September, amount to
the enormous sum of one hundred and thirty-one
millions of dollars, which went to the Continent
and the great specie cormorant, the East This
was within million and half of the imports.
The private advces from London indicate no pres
sure nor any expected increase in the demand for
money, and that the old woman in Threadneede
street in position TO discount freely at tile
rate of two and half per cent per annum.
| The Europa's advices, Of the sth, were published
in our issue of yesterday morning, the . dunder
4 and blixen'' the threatening prospects announced
by the wires, as the " cream of the North Briton's
adyiccs, were not confirmed. This confirms our re-
N,
and financial community to give great credence to
but one half Of the dispatches which come over
the wires. Two days ago we were regaled with a
| tremendous array of figures from Washington Of
tremendous exports and imports with China alst
| Stating that the imports of opium into this country
were to the amount of t,re,hytlree million and ftt
hn,id,ed H,ousa,,d dollars that the exports t.
China were, for the year 1858, s59,5OO,0OO If ope
10
accounts, it will be best to discontinue forwarding
dispatches. In fact, the entire dispatch is a mas
! of errors and g confusion worse confounded."
| OF course there were the usual remarks on the
weather, the prospects for cotton, and so on. OF
the great Levce, above Canal street, it was very
active; below Canal street, with the exception o
one or two small loads of cotton being discharged
there very little doing, only at the depot o
shipping wharf of the opelousas railroad, wher'
there were large quantities of freight going for
ward for southwestern Louisiana. The gmle
rangers have not formed into line as yet, and
was very dull in their usual range. The filling III
of the bottom is being pushed through, and witt
ordinary weather the renevator of leyees will hav
the Mississippi bank under full bases and truly il
| lne-conformable to law and ordinances
The Mississippi river is at a tolerably low stage
about twelve and half feet below high waite
mark; yet it will be observed by our marine regis
ter, that communication with the great West con
tinues uninterrupted. Loads Of produce arrivn:
daily confirm this. The lower tributaries ar
rather low, as usual at this season of the year-par
ticularly the great artery of our State, Red river
There is talk of the blocking up of Red rive
at the mouth, and the stream being turned into th
Atchafalaya. We have heard of these obstruction
n .GV ha
the course of Red river would surely be changed
since Capt. II. N. Shrevc made the cut Off at til
mouth, about twenty-eight years ago. Yet Ok
Red, so facetiously termed, continues to flow int
the Mississippi and we suppose will continue T.
flow, in obedience to the demands of nature
Therefore it is no to talk about the blocking IL
of Red river at the mouth. 1t has been talked Q
before, and will continue to be talked Of
We have received a paragraph relating to dust
and sandy cotton, taken from Liverpool or Eng
lish paper. We have before published similar re
marks. We fancy that the extract handed us
the same as furnished from this side; that it ha
been to England, and now comes back in ne,
dress. As it is of some Importance to the cotto
interest, both buyers and Sellers we may find spac
for it in a day or two.
The mails were reported through by the placar
yesterday at the Post-Ofice. We hope nothing {
an eventful character is to arise from our goo
community receiving two mails in succession fc
two days, during this dry season.
SOUTHERN PACIFIC RAILRoAD.-We refer to til
notice, signed by President Fowlkes, and to til
supplementary notice of Mr.. Fulkerson which ar
this morning published. The notice of the Pres
dent empowers Mr.. Fulkerson to transact the bus
ness specified, to sell and receive payment for til
100000 of stock allotted to Louisiana, and til
notice of Mr.. Fulkerson announces that he is i
readiness to receive money for stock at the office
the company's agency, 81 Common street.
Anotice is also published that Gen. r. V. Rchar,
son, late purchaser of the road, will be pleased t
see at the agency, for this day only, any person
Z, who wish to consult with him as to its affairs.
SECOND DISTRICT CoURT.-The docket in th
court will be called on tomorrow, Saturday, til
, 22d inst Members of the bar and others intereste
q will take notice thereof and govern themselvt
l. accordingly.
GIEsLER g. Co.." AvIzE.-Any person who ge