New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1860-01-31
2Ne(u OrIeans nalLn GrtsteIt.
TUESDAY MoRNtNG, JANUARY d. 1860.
TALK on ,eHtIrsezE

/ Lfa4Lh O1a IL1ltlSFEJ,
The talk opened yesterday somewhat despond-
| ingly, brought about BY the rather depressing ad
vices per the Nova scotian, aud the very large re-
eeipts Of cotton, which are counting up towards
three millions bales for Wednesday, ist February,
at meridian; and if the Memphis shipments for the
Atlantic ports are considered, these figures WHl be
| oyertopped. Therefore, in the absence Of later
adviees, particularly those due by ihe America of
the 18th inst, there was very little disposition
| eTinced to operate yesterday end the day closed
with less sales Ghan On any day for weeks past. A
| correspondent sends rs his views, that he feels
comfortable in reviewing the exports of cotton to
| England; that Liverpool will, with ordinary pas
sages, get it at the rate Of one hundred thousand
bales per week, for the first eight weeks Of the
| present year. We anppoae, or infer, rather that
our correspondent feels comfortable, that we are
sending cotton enough to England to assist in pay
ing for the large iinpoftetions Of dry goods and
other merchandise; that il, VIC are sending cotton
at 2:4o pace to pay debts, either as interest
on some three hundred millions of various kinds Of
bonds or to balance crinoline and hoops accounts
| the great balances for which, somehow or another
find the way into the hands Of tie old Grand Marm
Threadnecdle street, London, for collection much
to the satisfaction of Governor and deputy Gov
ernors Of the old Lady, The Bank Of England,
which, report says, intended, at the last dates to
enhance the rate OF interest
The further talk was, there ii something sys-
tematically wrong in the general management Of
the cotton trade in Liverpool that importers, con
siglees and operators in that town. do not under
| stand the selling and managing Of large eonsgn-
ments Of cotton; that they are swerFed and in
fluenced by the Cottonocraey Of Manehester that
if there is no demand for goods and yarns, great
bug-a boo il raised, and many other things called
into requisition to operate cotton. It is mani
fest at this time, and has been for three OF four
years past, that the Liverpool importers operators
and dealers in cotton, do not understand the real
principles Of the cotton trade. They allow the
New York jockeys to control Bhipnlehtsin n great
measnrei II fact, the Liverpool merchants do not,
even in this advanced age, really ana truly under
stand the science Of the great cotton trade. 1t is
suggested that it would be an excellent move for
some half dozen Of onr old and intelligent cotton
factors with an equal number Of oIlr ahrewd and
sagacious brokers' to proceed to Liverpool to teach
and learn the merchants Of that town how to sell
cotton. Located i'll Liverpool, our factors and
brokers would soon inform the importers and
operators, from day to day, how to manage and
chcckmate the spinners of Manchester iii the
meantime, there was very little inclination observ-
| able yesterday to move ID the staple.
The receipts of cotton ana Western produce are
large. On the great leree it wa very active yes-
terday. Arrivals Of rich argosies we're numerous:
consequently, there great activity on Pogiras,
Tehoupitonlas and New LeTee streets. 1t Is not
much use to allude TO the leyee and landings as it
is well known the movements there correspond
with previous years; although the receipts ef sugar
at the depot are much less than last year.
The Mobile folks seem much elatel that the ship
Francis 3. Cutting, which was cleared at that port
last week for HaHre, had taken out 2932 bales
of cotton, weighing ,533,b pounds when. on
her last voyage from New Orleans, she carried
2933 bales-one bale more weighing 800 500
pounds. Do not onr Mobile friends know that,
from time immemorial, Alabama cotton has been
OF greater weight than Louisiana owing to dust
and sand? As for the conhressins Of cotton, it is
generally the received opinion that The cotton
presses Of New Orleans can squeeze a bale of
cotton into as small compact as any other presses
eAtant. As our Mobile cbtemp0raries seem to be
eated on this increase, ana intiNating that it is
considerable of an item how il it that vessels come
from Mobile To New Orleans to take loads Of cotton
to Europe2 We arc getting along telerable well
here in the Crescent City; and the Mobilians can
go on boasting, and when ship is loaded in their
bay, a score of miles from town, with seven thon-
sand bales of cotton as the great cargo of the
Ocean Monarch, We shall acknowledge that shin
owners and masters gain largely by loading in the
Bay of Mobile.
The mails continue ut skies and seyens Though
the plaeard at the Postofice yesterday said there
were mails from New 1orlk to the 9th inst, there
were no papers at hand. We learn that Col
Wrisht's immaculate circular of last week came
through. The Afrca's mails also came through in
part. The balance, as well as the balance of the
Europa's, due eight days ago, will be along some
time during this week. II would be d most fortu
nate thing that the entire Post Offiee Department
be abolished and the carrying of letters and papers
given to parties who would deliver them in the
shortest time. Abolish the mail service, and the
ineendary newspapers and publications from the
North would not receive any circulation in the
South. It was reported that a mail vas received
yesterday over the Jackson Railroad from some
where north nj Raltfrpnrn