New Orleans daily crescent., 1860-10-24
Ntm Orleans 1ailp Crescent
WEDNESDAY MORNING. ocroRER q. 18so.

/
WEDNESDAY MORNING, OCTOBER 24, 1860.
TALK ON CHANGE.
| The gatherings on rue Carondelet were large
yesterday. There were squads of operators or
would.be operators, at all corners, from rue Poy-
dras to the boulevard Canal. There was no mis-
take in the increase of gatherings. Every person
who went away on the approach of the summer
solstice in June last, finds himself now nicely
esconced in good city for at least another bu-
siness campaign, let who will be elected President.
Perhaps twill not make much difference to good
many Of them who is elected President Of the
United States, so long as they can obtain cheap
cotton, and are successful in raising the means to
pay for it. The new expectants, or new corners
that are expected, the last shipment of Lancashire
agents, the clerks of spinners, the new fedglings
have not yet arrived in any great number. They
will be coming along next month. The advance
guard was expected in the Arabia. The telegraph,
however, is on such occasions nor does our
rghthand coemporary in his diurnal list of travel
ers in New York, or movements of distinguished
citizens inform its readers of the arrival of these.
to-be citizens of New Orleans; consequently, our
! numerous readers must await the appearance Of
thesetobe distinguished citizens and cotton agents
|
1 pleasure of an introduction.
Well, the further talk was of the effects of the
weather on the sugar cane. 1t cannot be gainsayed
but what the prospects for larger yield than last
| year are greatly in the ascendant. Several we'll
informed dealers and factors are enhancing their
estimates to 250,oG0@275, 900 hogsheads So far 50
good, and it's hoped these expectations will not be
arrested With a yield of 25o,000 hogsheads OF
sugar. we shall be furnished with good supply Of
| ammunition to fight the grim monster, panic.
| While talking of sugar, we presume to offer our
advice to planters, to refrain from sending their
crops Of sugar or moasses to Northern ports. or to
| the great Black Republican eity-Cncinnati. Sell
| your sugar at home, or send it to New Orleans
/ True, Messieurs planters, you might ship to New
| York and Boston, and sell on four and six months
credit at about the same prices you can obtain or
our levee. The last sale of sugar of importance We
have information Of was 10000 bags of Manila al
G4 cts, on six months credit. This was in Boston
and on the same day there were sold $50 hogsheads
Cuba Muscovadoes at G2, six months credit We
| again caution our planters about sending theii
crops Northward. IF Northern or Western specu
lators want your sugar, let them come for it; il
they do not want it, there is no use of talking any
more about it.
The present Black Republican Governor of New
1 York, Edwin D. Morgan, has made great deal o
money out of Louisiana sugar, and it is supposed
he would like to increase his gains through thu
\ same means. He is respectable grocer on From
street, New York.
| There was not much doing on the grand boule
ward, Canal. The process of repaving and furbish
ing up is about completed for the season. Tht
| stocks of merchandise are full, of every kind anG
description, and though there was talk of some i'm
provement and increase in sales, yet they are yer,
| meagre for the large supplies and stocks on hand
On Tchoupitoulas, Poydras, New Levee and From
streets we have paid our respects, and regret tina
we have nothing whatever of san encouraging as
pect to comment on. The grocers are well sur
piled but buyers, particularly those with the need
ful, are few and far between. 1t is no time, how
ever, to get discouraged; up guards and at them
II 1t will not answer to surrender to Northern deal
ers. New Orleans possesses many advantages TO
the grocery trade, which it is hoped will be mad
manifest the rise in the river Mississippi and it
tributaries.
Western merchants and dealers appear to b
doing something more than paying expenses. Th
several arrivals of steamboats, fromthe West with
in the past four days, with large cargoes OF TIL
rich and varied products of that section, have i'm
. |
the several branches of the great Western trade
nevertheless, we find in the Cincinnati Inquirer
from its Talk ON Change, the following paragraph
The suggishness produced by the condition O
affairs in the South still continue, and the marke
| has all the dull appearance that characterized
4 yesterday. On the one hand, buyers say that til,
demand from those points in the South from which
large orders have been expected, will not come til
after the November election, that their CORES
pondents intend to wait and see how matters ar
about TO shape. With this state of things starin
them in the face they do not care to buy and ho
till the South comes in. The unfavorable advice
from New York to-day had tendency to produc
still further decline in -four here, but light stoe
and the high price of wheat cause sellers to hoI
with irmness at yesterdays prices. BUYERS argu
that there is no shipping margin to the seaboard
and no orders on the market, and that a deciin
must and will take place.
So it appears they already feel the effects of pai
tial suspension of Southern trade. Cincinnatian
have amassed an immensity of riches simply fror
its trade with the States of Louisiana Mississippi
and Arkansas. Southern travelling takes differ
ent route now, and the heretofore prestige of th
so-caed Queen City must decline.
In our talk yesterday the types read abolitio
treaty of lS42 instead of Ashburton treaty. How
ever it is matter of little difference for the treat
in question was actually something of an abolitio
character, though it was ratified under Mr.. Tyler
: administration.
The following gives some items of the cotton il
dustry of England: &,=u.@E
Late statistics of British industrial enterpris
show that five million persons are supported
England by cotton-that thirty million spindles ar
employed in the production of the yarn and tina
the capital absorbed exceeds $3.50 600 600. Foul
fifths of the cotton consumed in England $500 600
600 pounds is American; about l2O, ,On0 900 pound
come from other foreign countries, while only /;
cent. (SO0o0000 pounds) are received from BIRTHS
Colonies and Dependencies.
POLITICAL ITEMS.