New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1859-01-18
Nth 0rltaus Bully Gresteut.
Talk on 'Change.


accumulation Of produce on the levee and landings.
To the large receipts Of last week we have to add
about forty additional arrivals Of steamers all bring
ing more or less cargoes. 1t is fine opportunity for
strangers and visitors now in the city to take walk
our landings provided there is any such thing az
walking among the bales hhds barrels, boxes, casks,
kegs and the almost countless hrong of pedestrians
to be met there. The fine weather, however, brought
out most everybody yesterday. Onr great thorough
fares were crowded at early hour in the day, and
business in the retail line animated. So it was
active and lively on Tchoupitoulas, Poydras and New
Levee streets, whilst Gravier and Common streets did
not lay behind. But Carondelet street and environs
is our hobby there produce changes hands by the
hundreds ol dollars in aew minutes there the grand
fulcrum exchange beats, while the pabulum Of the
mighty trade may be in part located on Camp, Canal
and Royal Streets But the talk comes up on cotton
Well, what of cotton, excaims Bear and what of
three and half millions, roars Bull, who wants
124c. for Low Middling.
The European mails by the Africa, Of the 25th ult
were received on Sunday and yesterday morning was
occupied in their perusal with contents Of the New
York mails of the 1lth. II was late before business
commenced details Of which, particularly cotton and
freights, will be found under the usual head.
tits useless to contend against figures the receipts Of
cotton increasing to an nordinae extent. Folks
the other side SEEM by their expressions to be under
the belief that the estimates Of 100000 to 800 900
bales sent out in November were intended to mslead,
and views expressed in October of such thing as
300 900 bales were secuted. We shall wait the fur
ther developments, which will be the first two weeks
of next month to know the course of the mighty sta
ple In the meantime have only to reiterate what
we have remarked Often that clean and well handled
| cotton will command good prices, while the large
quantities of inferior and ordinary which will be COM
ing to market late in the season must inevitably rule
at low fgure and England is the chief market for
that description. At the same time let it be UNDER
Stood that the stock Of Surat cotton will low
ceedngy low, without any prospect Of its being re-
plenished for the present In the meantime here is
what the Memphis Enquirer Of the 18th inst, says Of
| the sandy cotton in that market:
| The market was quite active yesterday, and the
higher grades of cotton were in good demand. The
feeling was much better yesterday and the market
| was frmer than on Tuesday. There is vast accu-
mutation of inferior cotton in the market on which
there is no fixed value, and very much of which is
unsuitable for manufacturing purposes. Good Mid
ding found ready market at liz to llac. We
give our table of quotations, bnt rates rregu
lar the lower qualities that it is difficult for to
give reliable figures.
| The mail of yesterday brought Gen. Wrghts circu-
lar of the llth inst. The General it appears has been
charged by some of his Liverpool correspondents
with having, on the 7th December, over estimated
the extent Of the crop of 1858. We will do the Cen
eral the justice to say that he fought and stood up
for low estimates vaantly and honorably, and that
he never struck his flag till Red river commenced
pouring in its thousands into market, and Alabama
planters exulting over their enormous yield and good
prices.
In the circular of the llth inst the General says
alluding to New Orleans:
That 704 900 bales shond have been received up to
lst January, from the district which includes the
oyerhowed lands of last summer, can only be &C
counted for by an immense production on the higher
lands.
The circular contains many interesting tables and
views of essential interest to European dealers. OF
course we are in possession here Of the fullest nfor
nation of receipts and crop.
The sales of cotton in New York for the week were
1000 bales, in transitu-say Strict Midding Charles
ton at lac., with 3D. freight; Mobile Strict Midding
1lAc., with 9-i6d. freight Good Middling Orleans
1lsc., with 9,l6d. freight; and Good Ordinary
ii l-l6c.
The further talk on the street was something oi
money matters, which will be found in detail in the
usual column.
There was an avalanche Of mails came to hand Wis
the jackson road on Sunday. The mail via Mobile
through yesterday but it may fail again to-day
of the railroad contracts and spulations are
no more regarded than on the Tennessee and Vr
gnia route Take the two routes and it is six of
and hafdozen of the other. 1t is hoped the five day
route, via the Jackson road, will be improved on
the being on the Virginia line.
The Europa, from Liverpool, is the steamer Of tht
Sth for New York.