New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1860-01-14
We6 OrIfans 1ailp Grtstelrt.
SATURDAY MORNING, JANUARY Il, 1860.
TALK ON CHANGE.

/
The gatherings the flags yesterday were large.
Tchoupitonlas, Poydras and New Leyee streets
were thronged as well as other streets. A great
Improvement and increase in general trade was
talked OF. There has been more business doing in
the dry goods and grocery branches than for any
week this season. Communication with Red and
Ouachita rivers, and the numerous bayous is free,
and the staple is coming in with great freedom.
We have received the best share of the crop from
the shipping points the Mississippi river in fact
the receipts from oil points from Memphis down
will fall off from week to week. We need not ex-
pect many of those large cargoes of 1000 bales,
which have been received so often this season.
Another rise in the water of Red river will lead into
the merits of receipts from Northwestern Loui-
siana, and the Ouachita and bayous tributary
thereto will throw out their thousands for the
coming six weeks. BY the Jackson Railroad we
have received the bulk of the receipts, and thou
sand bale trains daily, or even every other day,
need not be expected hereafter during this season.
The mild weather encourages the hope that free
resumption of intercourse with the great West will
not be long delayed. There is, or ought to be, an
immense quantity of productions to be forwarded
to some market from the Western and Northwest
ern States. If these productions-f1o wheat
corn and pork--come hitler, they will bring good
prices, and be paid for in gold and silver. We
never talk in this community or market about cur
rency. 1t is gold here altogether, and gold it will
continue to be, though hundreds of dealers, banks
and bankers, prefer exchange, the checks Of
our banks aKd the drafts of our merchants instead
Of gold We are likely to have "a free amount Of
shipping in port all through the season, but the
present rates Of freight will, in our opinion, be
maintained. The produce of the great West can
be sent forward. Farmers and dealers will find our
market the best in the Union. The West Indies
will require large supply. Our movements will
not be harrassed by ice and cold weather as in
Northern cities; so the talk is for the great West
to send forward the contents Of granaries and
warehouses.
On Carondelet street there was the usual daily
comap. Cotton factors, cotton buyers, ship agents.
ship brokers. cotton brokers, exchange brokers
note sellers stock obbers gentlemen of no particu
lar occupation, congregated, met here and there
and asked OF each other whatis the news? Now this
is an old story cannot this old theme be consigned
70 oblivion and the urgent one of what ia the
racket substituted
The movements in cotton YESTERDAY were free
the Bears seem to take hold freely at present prices
andtactors met the demand correspondingly. There
is some talk that many Bears are now in chrysalis
state--having completed their purchases are only
waiting the continuance Of this mild, sprine-like
weather. when their coats will have been shielded
an we shall hear of them as Bulls on the -eorinp
order In fact, the operators Of last fall are est
mating 100000 as the maximum, in the face of
the receipts reaching 3,OO000O bales by the last Of
the month. It is immaterial what the receipts NAV
be-all the good and clean cotton wilt bc wanted.
bought and paid for at remuneratiYe prices to
grower and factor.
Il is not Of much use to talk about the malls.
There will be eleven mails due this morning by the
Mobile route; and if there were twenty due by the
Jackson Railroad route yesterday, there will be
twentyone due this morning. As we talked and
predicted, the boat from Mobile, the old Oregon.
due on Thursday, could not find water Eenough.
and concluded TO rest at Pass Christian. Now If
is something of fallacy to passengers ana Others
to pnt one hundred and fifty bales of cotton on
board Of boat that draws six feet light. to come
through channel Of about five feet depth. Then
the fayofte Creole. of the coast line, was dispatched
for moblle with the mails, to the Inconvenience of
coast residents, and she also grounded on Thurs
day night; consequently there was no connection
at Mobile yesterday with. the Northern mail, and
lae correspondence intended 10 go by the steamer
of next Wednesday-the Arabia for Liverpool
will be in the rear. Those who forwarded by
express will get their letters through in season. 1t
would not have made any difference had the mails
connected at Mobile, as there are many points of
failure beyond there. AT late hour we learned
that the Oregon had met with an accident to her
engine. There was some disappointment expressed
from the non=arrival Of the Hungarian and Europa,
the latter Of the slst ut. from Liverpool However.
cotton operators move along regardless whatever
of the purport of the expected advices.