New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1860-02-03
Nelu Orleals DULY Grfsffnt
FRIDAY MORNING, FEBRUARY 8, 1860.
TALK ON CHANGE.

The weather yesterday was all that could be
desired for the furtherance Of commercial opera
tions. On rue Carondelet 1t was, however, stag
nant-the delay in the late advices from Europe
seemed to have great influence on the flags.
Though advices Of one days later date were re-
ceiyed, they fell on a still and somewhat subdued
market. There is an active business going on in
the purchase of Western produce for the Alabama
and Georgia markets. There ID more freight offer
ing for Mobile and Alabama than the seven
steamers in the trade-With the aid OF dozen of
schooners-can transport. The boats in the mail
line are compelled to refuse or postpone freight
from day to day. Such occurrences have hereto
fore intervened, but not to the extent of this time
or the present season. On the upper leyee there
was considerable activity. On Tchoupitoulas, Poy-
dras and New Leyee streets, merchants, dealers
and brokers, appeared TO be going onward, not
exactly at q 2:40 pace, but fast enough for pru-
dence and safety. We note the shipments Of hay,
and oats for Red river, and for plantations on
the Bayou Teche. This does not augur well for
that independence which has been talked about SO
often This good State Of Louisiana, or rather the
parishes, ought at least to raise sufficient proyender
for home purposes. However, If it ia more profita-
bic to sugar and cotton, sell it at good prices,
and purchase those Western and Northern produc-
tions, it is only carrying out the principles Of free
trade-buy where you can buy the cheapest. We
are receiving oats and hay from Boston--the pro.
ducts Of a hard and sterile soil-the proceeds Of
which enable many poor New England farmer to
keep body and soul together.
There appears to be tolerable fair supply of
sugar and molasses the depot. The receipts of
both sugar and moasses are fair, and if we Judge
from comparing receipts up to date this season.
with the same for the corresponding date last year.
it will be observed that the deficiency indicates
that something more than half crop will be real
lied. half crop of sugar, compared with the
growth of 1858, would be 900 hogsheads. There
have been received at the landing this season,
50, $50 hogsheads Of sugar against 1888 hogs
heads for the same time last year, and 1856 bar
rels of mofasses against 2I2,946 barrels for the
corresponding time last year. The talk is, from
these figures we are getting along very well for a
half crop season. Whether the recent mporta-
tons Of sugar and molasses from Cuba will pay
profit we cannot say.
The further talk was, that the bars at the mouths
of the river are making their appearance. The
mud Jumps are rising, and within the last ten days
the draught Of water on the bar of the Southwest
Pass has greatly diminished; that II to Is and l6
feet are the soundings in lG II and Is feet; that
there are several vessels az or 15) now detained
| inside of the bar. It is presumed, however, that
this detention will be only temporary. In the
meantime, the inquiry is, where is the dredging
machine, the excayator, and the contractor for the
$4,000 of the uneXpended appropriation, or the
balance thereof, which to have been disbursed
last season. In fact, where is the Is feet Of water
this money was going to maintain? As matters
and things now run at the bear garden-Washing-
ton City-it will be some time before another APP
preparation can be expected for the benefit of the
shipping and commercial interests of New Orleans
1t is hoped, however. that the scenes and deten-
ton of last year not to be acted over again at
the mouth Of the river This brings up the talk of
| the Mexican Gulf Railroad, Cat and Ship Island
| Harbors; and the inquiry is made what has be.
come of the association that was formed with the
intent Of purchasing the Mexican Gulf road and
extending it from its present terminus to Nine Mile
| Bayou? This investment would pay our moneyed
| citizens well as to spend and dsburse the same
1 amount of money among the Abolitonists and
| Black Republicans Of NewYork and New England
Some of our capitalists are laughed at for the
| Saratoga, New York, Boston, Nahant, and other
| places which may be counted by scores.
The mail failed via the Jackson Railroad. 1t was
| announced a day or two since that communication
was resumed over the gap, and a great how.to-do
raised about the last rail. We should like to talk
about the last mails, instead of the gap and last
rail. The mail came through yesterday via Mobile,
| and the boat aeuer grounded, and it came through
| the day previous. Hopes are entertained for the
future.