New Orleans daily crescent., 1860-09-17
VOLUME XIII.

can curtal consumption to the extent OF a single
ounce; that when bread is dear people eat more
oil 1t, for it ID then the cheapest food that con-
sumption in rural districts has very little reference
to price thai the breadstuiis used never come to
market; that the great consumers who buy bread
are all engaged in trade and manufactures that
they, TO great extent, live imported bread
stulIs: that the result of tho harvest affects them
merely IN reference to price; that there is not the
remotest fear of scarcity; America alone can send
us much moro than we can possibly want; that the
Leyant will Ne equally prolific in exports /; that
France may want all she has, but that this is
doubtiul that throwing open the ports has refer
ence to free trade as well as to an apprehended
deficient crop; that the Emperor is bent on adopt
ing free trade fully as England, and that, there
fore, he ayais himself Of the rain to admit bread
stufs, duty free, for in France ; that under
these circumstances prices cannot be high; that
they they would now be even lower than they are
if ships were available for cargoes in the United
States; that this fact also impugns the notion Of
bad trade tlat the carrying OF grain gives full EN-
ployment to shipping; that the Yankees being
eager TO seud Us their breadstuis, VIII IN return
take our manufactures and that out OF an appre-
hended Defective crop, trade therefore, will re-
ceive stimulant that the crop, however, is not
bad; that after ALL it may turn out an approxima-
| ton to an average one; and that importers Of
| grain may in the end find themselves encountered
with more stuff than they sci; ; that partial
evil, however, Is universal good and that flour
| is one of the things can't have too much OF ;
that trade being good there can be no want OF con-
| fidence and Of course, need not look out for q
| panic unless it comes, like the late comet, un-
| expected, and speedily got rid Of
| We don't know what to make Of the above talk.
| They talk that when breadstutfs are dear, people
eat more that is, their stomachs are more capa
/ cious If the opinions embraced in the above e&-
tract turn out correct-that is, that there is no
probability Df a scarcity Of bread in England-so
much the better for our cotton trade. There are
/ bound to be immense amounts OF losses on the
| grain shipments now going forward from North
! ern ports 10 Europe. Admit that the ports Of
France are open to importations free of duty, yet
it does not signify anything favorable; the Empe-
ror of France is willy, shrewd chap; he desires to
have all the granaries, all the ports and markets
in the Empire well filed and amply supplied with
| food even 10 a twelve months stock, or one crop
| in advance, as short supplies Of food in France
| would CAUSE the nephew Of my uncle to be in
a very pfedarious position
| OF course all the talk, buying and selling, on
Saturday was carried on inside; the rain, which
fell almost in torrents through the day, with strong
| gusts of wind, prevented the usual street trans
actions ypt there were several sales of cotton,
| whether brought about by concession on the
part of fattors-that is, decne-or by the ad-
vices from Liverpool by the Meita, we are unable
to say; which advices, by-the-by, we do not think
| very encouraging-they are militia accounts, for
warded or the spur of the moment, and are moi
generally deemed safe by the prudent and discreet
merchant and trader. We hope, however, that
Mr. Bull does not expect to obtain cotton at lower
prices than now ruling, though they are much
above Liverpool currency. Some buyers have
been exulting in good bargains this week; how
this is we cannot talk of, as factors and sellers
have not exhibited to US their figures and entries.
The storm was very severe on the lakes and a
the Baze. The mail boat for Mobile was obliged
to leave without the mails on Saturday, the waite
and waves preventing communication with th'
end of the pier at Port Pontchartrain. The mai
boat due yesterday morning, the California, has
not arrived at Al o'clock last evening, twelve hour
out of time. There are spprehensions that TIL
storm was very heavy on the lakes; if SO, it cam
up very suddenly, as Friday was a beautiful pleas
ant day, with moderate breezes from the eastwar
from Ocean Springs to Port Pontchartrain.