New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1860-06-30
VOLUME XIII.
Neh Orleans 4aiIp Grsstelrt.
SATURDAY MORNING, JUNE 30, 1860.
TALK ON CHANGE.

1 ward Canal, the shopping folks were few and far
| between; on the grand ievee there were three Or
four steamboats, discharging cargoes; on Tchoupi-
| toulas New Levee, Fulton and Poydras. there was
some skirmisling going on, with about as much
business doing as usual at this season Of the year.
| There appears to be q good demand for maize; in
| fine, the corn trade is active. There are shipments
Of the grain going forward to Europe, to Cuba, to
to Alabama Florida, Georgia, to Texas, to North
west Louisiana, and it is going out via the Jackson
Railroad in greater Or lesser quantities daily. Corn
is corn; il is more important article just at this
moment than gold dust from California, or the
| grand humbug, Pixies Peak. Though roasting
| ears have been on the market for weeks past, the
1 demand for corn for shipment is well supported.
There is some talk about tobacco. The weed
has been dull and inactive tile entire The
receipts this week have been large: that is, they
have overtopped 1000 hogsheads; the exports have
4 only reached 1863 hogsheads. The stock on hand
now reaches $4,000 logsheads-a larger quantity
| than ever before known in this port at this
Of the year, though the crop of 1912 reached
a8 900 hogsheads, and in 1851 the crop was 9G,904
hogslleads. The large losses on shipments last
year have depressing effect on the market at this
moment. Thirty to forty dollars per hogshead
| ANtSNa
against the weed this season; and though the an
nual statements on the 3lst of August last, enanat
ing from this city, tile remark was made that
| eeem would the crop Of 1859 reach the previous
year, yet, somehow or another we have already
received since the lst Of September last 69,4il
hogsheads against G},739 for the same time last
year This is something like confirming tile low
| estimates of the cotton crop.
| rlssa oh MI Tnrn
is very moderate quantity on sale at this moment.
The stock on hand, which includes cotton in ware.
houses and on shipboard not cleared, is Gs545
bales against 5G,5l4 bales same time last year.
These figures are subject, however, to the usual
excess in receipts, to be added as usual at the
close Of each commercial year.
There was some further talk on the flags yester.
day that the large stock in Liverpool was filling
up all the warehouses that stables sheds and
open fields were called into use for the storing
away Of the immense receipts, OF over-erowded
stock: that the warehouses at Birkenhead were
flied to repletion: that, in many instances, high
MS two pence (2d.) per bale per week had been
paid for storage, which is equivalent to 500 per
cent. advance on the custom rates.
II will do no service to repeat the talk of what
cotton is expected to be sold at in Liverpool be-
fore the lst Of September, but sufficient unto the
day is the evil thereof
4 The further talk was of the rain which has fallen
this week, and of its vast benefits. From almost
every quarter do we learn of great reioicngs.
There was another light shower yesterday Some
folks talk as though no more rain will be required
, to mature the cotton crop. Not being cotton
cultirator, we cannot argue regarding the neces-
sary quantity of rain to mature cotton crop: but
J there has been sufficency in some parts of the
country, particularly on the low or bottom lands.
There was some talk about freghts and of the
number Of vessels in port being largely below last
year at this time. ship-masters, however, must
not overlook that the inducements for shipping
cotton and tobacco are light-weak, very weak
and not to become impatient if freghts should
falter or not reach a I'd. Tobacco factors would
be the first to feel the effects of an advance in
freights. There was some talk that the Eclipse
Towboat Company had been associated with the
old companies; in fact, that there is, ostensibly
only one large association, augmented now into
one of the greatest monopolies of the age; that
there is only one solitary boat out of the about
forty tow boats but what are now running in one
concern connection. The only independent
boat we hear talk of is the Calhoun. Well, if the
shipping interest is satisfied with the grandest com.
mereial and maritime association and combination
extant, we are. In fine, our towboat associations
wlll swallow up and absorb the Rocky Mountains
in about six years more. The talk and wishes are
that they would join in and build frst-cass
steamer and place her on the Lakes Pontchartrain
and Borgne to the waterng-places This will be
no more than fair as some three years since the
Mohians, with one of the chief propretors of the
Mobile and New Orleans Mail Line monopoly sent
three or four boats around on the Mississippi to
that there was room for Improvement. The ex.
pertinent succeeded so well that our Mobile friends
werr swallowed up, driven Off in about six weeks
WE'LL the talk is that all the profits and gains ac
cruiDg to the towboat associations come out Of
Northern ship-owners that it does not make much
difference how high the rates Of tunnage are fixed
d But, somehow or another, King Cotton has in the
end to foot the bills, rates of freight and costs
of transportation always form part and basis O
all purchases of cotton in our market. Mais min,
a porte huzza for the New Orleans towboat associ
d atons.
Talking of the close Of the week, and which will
q be the best way to spend the coming forty-eigh
hours, we have only to refer to advertising col
umns. new conveyance offers for Madisonv
and the sylvan shores of the Tchefuncta through
!. the frstclass steamer A. G. Brown. She makes
Sunday excursion, and moreover, in her othe
trips, lands and departs from the jefferson Rail
road. communication is forwarded us inquirin
why there is no boat from Biloxi and the sea.shor
suburbs running through in day time, as for tn
last seven years. Friday has been, for this period
4 day trip for the Creole. We are not acquainte
with the reasons for the recent change, more tina
it perhaps costs more TO run boat in day tim
: than in the night the costs of dinner being pre-
badly taken into consideration by the owner Of til
Alabama, who lives in Connecticut. We refer fo
further Information, or the causes why the chang
has been made, to the agent of the boat, MI
$, Geddes. Grayier street.
m The weekly Coffee Circular exhibits heavy dt
crease in the mpnrtations of the berry for the as
twelve months. The coffee year ends to-day
SeAREp.-That antiquated old granny newsps
per, the Boston Courier, is afraid that the can,
that is to be run into Yesuvius, will be til
means Of blowing up the world 1t reason
thus:
:. The object of the Mediterranean canal is said
- be to quench the fire of Vesnvius, and, them b
removing the accumulated lava, to recover $
much additional territory for cultivation The e,
as pertinent seems to us doubtful and we are free