New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1859-12-29
TALK ON CHANGE.

Itwas lively than otherwise on Carondelet street
yesterday, brought about by an active demand for
cotton, embracing, however, only the fine or good
qualities, from Middling up. The Bears in the sta
pie said at the close of business that they obtained
advantages, which leads to the supposition that a
decline has been obtained, brought about by the
depression in the exchange market. 1t was talked
OF, there were sales made at late hour on Tues
day which would send the transactions of that day
up to 5000 bales. There was also marked de-
cline established in frieghts particularly for Liver
pool. They closed dull at 9-l6d. Among the
events Of the day, talked about was that coaster
the Magnolia from Vicksburg-with 6557 bales OF
cotton, had arrived at the levee. This is the
largest cargo yet brought to New Orleans by $50
bales on any boat except the Magnolia 1t ex-
ceeds the great cargo of last week by this boat III
bales. The Bears on Carondelet street would be
glad to meet Capt. Thompson on the flags to-day
and be informed how many more such cargoes will
be available the coming month. 1t will be observ-
ed that over HOO bales of this cargo come to
one house, as did ll24 bales by her last trip. These
are prodigious consignments, to which may be
added other receipts or consignments by other
boats. The talk is, that the monopolizing tenden-
strong. That out of seven hundred commission
houses in our city, some twenty or twenty five
firms have the controlling influence. This is not,
however, any business of ours, but we alude to it
as incidental talk and induged in topics for COM
ment, why SO many hundreds of young factorage
houses cannot control, through the entire season,
as many tens or hundreds of bales of cotton as
some twenty or twenty-five firms do thousands of
bales?
1t is hardly necessary to make more than brief
ausion to the active state of affairs on the great
leyee and landings. Notwithstanding we have not
the aid Of navigation in the upper rivers still the
great front Of New Orleans on the mighty Missis
sippi for the space of twelve miles, that is, from
Carrollton City above to the line of St. Bernard
Parish below, never presented more active ap.
pearance. A city with twelve miles front must be
considered as hardly second to any other in the
universe. True, our good city in number of inhab-
itants does not equal London, Paris or New York
nor does it pretend to compete with them in com.
mercial and financial resources, nor in stock job
bing, specializing and all the various schemes of
funding, loaning, borrowing, promising and SO on.
We have no consols, rentes, metalliques forins or
guilders to be talking about; therefore, general
trade and commerce, particularly the buying of
cotton, sugar and molasses and the selling of ex.
change, as far as it could be sold, moved along
yesterday on the flags in general irrespective and
untroubled about matters and things at the national
bear garden, Getty of Washington or what might
be doing in Threadneedle and Downing streets,
London, or what the views of the Nephew of
My Uncle might be while at the Tuilieries in
Paris or within the range of st. Cloud. Finally,
the talk wound up that if our banks had about
three millions of dollars more of gold in vault they
could act and talk in the general exchange mar.
ket; but they have not got enough of it, we will
talk the matter out after New-Year's As it is, it
would be almost impossible to have chat or talk
on our flags without bringing up maritime occur
rences AS the numerous shipwrecks, sinking and
abandonment of vessels form prominent theme
for talk, and the many hair-breadth escapes are
not always made known, nor the magnanimous,
bold and daring conduct of many captains and
mariners, who at the hazard of life and property
have rescued the shpwrecked mariner, we give the
following report from the log book of the ship
Felicia, Capt G. w. Nelson, of New Orleans, on
the last voyage from here to Europe:
Nov. 5, experienced hurricane from WNW;
9Th, at AN, lat. 40 "a N, Ion. 10 w. saw an Eng
lsh brig making signals of distress, the wind still
blowing violently, the Felicia under two close
reefed topsas and foresail, scudding 10 knots an
hour. She was instantly steered towards the dis
tressed brig. After several attempts to approach
the wreck, one of the Felicia's boats got along
side, and at length succeeded in rescung the crew,
consisting Of ten persons, and conveyed them on
board the Felicia at halfpast in the evening. The
abandoned brig was the Penelope, Browse, of and
for Newcastle from Quebec.
The Felicia is owned we believe. on Carondeet
street. The modest and unpretending mode in
which is recorded the rescue of the distressed
crew commands our admiration. When it is con-
sidered that while the Fecis was scudding at the
rate of Is knots per hour, she was hove too and
laid hours in heavy blow in relieving the ship
wrecked crew, we congratulate ourselves that the