New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1860-10-18
VOLUME XIII.
Ssten ORLEANS DAILY Grestert
rurRspAY MonNING. ooroBER IS, laeo.
TALK or 'oHAEcE.


The gatherings on rue Carondelet were large
yesterday A good deal Of talk was gone through
with, which was followed by good deal of busi-
ness in cotton before the close Of tho day having
said that, we might say we have said all, but ex-
change on England received severe knoclt send
ing rates down fully quarter, and in some in
stances three-eghtha. Tho weather continues pro
ptious in the usual phraseology it is splendid for
tile gathering Of the crops, whether they be long
or short. Factors obtained the advantage yester-
day, but buyers Of exchange did not move with the
buyers OF cotton, and Of course exchange felt the
rebound. a prominent banker talked freely Of
lower rates than 1909 for documents. The cS-
change markets. however, fully detailed IN another
part of our paper
There was some talk Of the effects Of the frost on
cotton Some Of the Bears win not believe that
cotton has received any injury, because peas,
pumpkins and other small fry, stood the cold and
received no damage. 1t is fresh in the memory of
many connected with the cotton trade that the
most astounding accounts of damage and injury
were received last year on our flags, following the
frosts of the 10th, 30th and 3st of October; that
under no consideration whatever would the yield
exceed 100000 of bales. This was the talk on
our flags about the lst November 1859. OF course
it is conceded, not disputed that the crop this
season is twenty days in advance Of last year
consequently, the recent cold snap of weather,
which very brief, could not in the frost way do
more damage than the frost of the 10Th of October
last year. However the Bulls had tile call yester-
day, and maintained the advance which they
started on the opening Of business.
The balance of the Africa's mails was received,
or rather delivered yesterday, as the mail due yes
tar,o,, T,c,,ao,, t,iir,o; raoai,,o3 =.
tbe pos+. .oefea fin ortnr nor,7t,n
pha f,r,or,in,, ra,,,orl,s oro c.or, 4,o Iiuou,.,
Tall, IN ,Clange received vestcyaav n v,as yrit.
tar nm .bo 9atb nIt trb.v san,, A. tbinl, =, -
tivornoo aaos +bot 4be s,,n, ~ cotton vii, H.
lorao
=. :. ..,,o .,.t NJ. o.,..,z ..,... ,......- q.
Iargest receiving nort dr,r,s ,,iorit,, ~ 7o,
This leads to tho snnnositon tlot cvory ,,to or
cutiyator Of cotton sbould send his cetton 70 +bo
,,roatet ,,,orlsot opa not ba Ied ossua, H., a.
- -
t9'ttS J0tls'ts OF an overland market up the ONO
river from Memphis.
The Liyerpool folks seem TO be continuallv harm.
;, ~ t,o os,,,,to ;,go,sog ,F ,a.o,,o -, At
- ,9 :, - ~ = 49,
IL Is apout tLle to sup All inns talh anu d gooa
deal of nonsense about The increase of cotton from
that section. The present generation particnlarlv
- ~, :-..,I
" sie ssA y - Stuu0u iilsssff
TO iitle purpose, or they Wopio nave learned that
so long ago as the years l83d-'37 (twenty-tbree
years aool that the BritisI, Gnvernrent Iired "a.
-. - ,r,.s,.,, -, : - -
siaents y Alzsi9sipp1 aaa louElaha 70 ~ 70 lhdia
TO teael tAe hdttVes OF lhat baHghted region how
to raise cotton that after three years close appIi-
cation and 4 rreat outlav W nonnda sb;,;rg. IA
- ~, = o -:.. - -. :,
PShSs' Wy sNl'SitHSit X go d Soihp'ete ialufe.
II is now suggested TO Lancashire fosks-spinnefs,
aboIitionists and ALTO Introduce some other
MI ~ ,at ". ~ f.t4ttos15 l. III
lug ss'V az NV - W y 'siitsnsu 'h SHs
southwest Nith the inoht4ly reports OF the Man
chester Cotton Supply Association. AS for the
wouldbe great doiurs in India Hssiseinni nfantars
- III s,,t, o1,.r.a af to,,. .i,.1 .-..
fle NOV hi"0i Ae' "i'7' '"0t''S 41ltee yeafS
eortsin that oountry-tbat our trans Atlantic Gus
toners will obtain moderate share Of their SUP
H.; e,, h,o+,.o,don,
Pt.es lg ii9''i ~
But the following was the taih on the LlVerpool
flags two weeks ago last Saturday:
Twenty thousand bales Of cotton were sold yes.
terday, and OF these twenty thousand, ten were
.a.A ,t nc v99 are h9t
comnaratiyeIy deficient: that the 1resnmntio95 ID
therefore, that the supply is small that there WILL
by-and-bye, be run ON TINS sort, and that as it
slnot ~ ~ niuD n5 4 = :. o y
here. that5l ,.,tss might he szpaetsd aid mt cir
eumstances forbid conjecture that cotton has
feaehea tse lo|fst point anu ,9e 5lefe'oFe nod
~ n s9e no r S'Ss ~ Dfah es
for that the difference between holding and selling
IS considerably serious. .M
;, II m ,siM In vs., -, Wv ta 5 W
everywhere getting more IN the w.tF ~ II: that
some will come from Africa aud more from India :;
that IN TIE haFt mere are n9" pfoH'hate markets !;
i.,p tbt ~ ,o tb "ts Iii 'Ie re-
worked harder that fhe planter+ have learnt In
apply guaun to the land aud that the crop in a few
years VII pe doR9e 0at !. 's AT presehl thaF me
fbe lo1vor fba nrce fhn more fhav will nrodnca
because larger growth will be required to realize
the money wanted; that competition will, there
Iore, nekef mi.ram .; Nv W. m ifn NV or
and Tint the nradnce will ever he where # ,s now
superabundant; that the Cotton Supply Assocja-
ton of Manchester will do good in cheapening the
artlc5e, pue .as Auiefioa @ii Always DC 1he great
Tha no,a;nn etnr,s =, .,,o 1oo,,sor p.i,.o,a
80,
tt;
y, ~ -, -, " ~ ~
-
-: IN, -, !, fa IN, ,ta,
The further talk was that the fong-hopedfor fr-
ganization and commencement of the Lafayette
Voter wor1rs Eonrth district ia ahont "a f,lI
:, nI. ..-. =. -
lnroush' ihls ~ III patt o"iu5 W eho ihJhuicloa7
action OF the City eouncH in restricting tho sub