New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1860-09-25
Neb OrIeans Qailp Crescent.
TUESDAY MORNING, SEPTEMBER Is, 1850.
TALK ON CHANGE

Inefe was large increase OF habitueS on the
flags yesterday. Carondelet street, though well
represented, did not do much, nor was there much
performed in other localities. There were two
large loads Of the staple reported at an early hour
say the Magnolia, with 5llS bales-the largest
cargo, except two, ever brought to our landing
and the Charmer with 379i bales-total by these
two boats, 89l2 bales, which, with the cargoes re.
ceiyed on the 2@d, will go good ways towards the
weeks business.
AT an early hour yesterday the arrival Of the
steamer Adriatic, at New York, was announced
1 with dates to the 1itb and 18th from Liverpool
which were deemed highly favorable for cotton,
the quotations being cd for Orleans Mddling. So
far, very good: we hope the next steamer will
bring accounts of another advance, which will
cover the currency now ruling in market Ac-
cording to our cyphering, Orleans Middling cotton
at l0ic. must bring in Liverpool, with ID. freight
. vet. exchange, lid. Therefore, we have to
wait for further advances in Liverpool before our
currency or market is covered, assuming that CID.
is the highest quotation at hand. TO cover or
meet this currency Of the Liverpool market, Mid
ding cotton in this market would be expected to
rule at about I0c.-l0c., with ID. freight 100 for
exchange, should bring in Liverpool cid. to
cover but our market rules far above these
figures. Planters may consider that the average
run OF cotton if commanding loc., is above the
quotations in European markets.
Talking about cotton ard sales thereof, it will
take some Of our cotton planters aback to learn
that cottonin some markets is nothing more than
foot ball; that every bale received from plan
talion ID NEST scrupnousy watched from the tine
I it is received on steamboat till the landing in
Europe. There has also been good deal Of talk
Al 1, a.. r
next season from New Orleans. There is not much
probability Of this, when it is considered that cot.
ton is sold in Philadelphia on credits of four and
six months. The sales last week in that market
were $40 bales, considered as Low Middlng at 95
to Middling Falf. l2}c On four ana six months
credit Whatwopld our planters think Of receiy-
ing an account sales Of loo bales cotton more OF
less at 04@l23c. on four and six months credit
Selling cotton ON credit would astound share Of
our planting community.
| We also hear it talked Of that ten thousand bags
Of coffee were sold in Philadelphia last week al
l3l0l44 cts, in lots Of 500 to 1900 bags on foul
months credit. We do business differently in New
| Orleans. When cotton is sold, the seller comes
forthwith for his money if the whole is not avail
able, OF the cotton weighed, something in the way
| Of earnest money is often required We also note
the sale of sugar on four months credit The talk
is that planters who had their cotton forwarded to
Liverpool last season for sale, have not realized az
| much as though they had sold in this market All
| the Lancashire spinners desire is that planters
would forward their cotton direct to Liverpool
passing by the factors of New Orleans. When the
cotton is in Liverpool, they the spinners) would
have the control Of the market and place their own
| value on the article. The mddIemen in this case
| would be, as it were ignored.
Our city is filing up rapidly people are coming
from all sections of our confederacy. Unfortu
nately, there are TOO many of the do-nothing class
too many of the genteel society who think labor is
not worth following. Every steamer arriving
every ship or vessel from sea brings more or less
Willie the Jackson Railroad brings in hundreds
daily We meet every hour with returning citizens
they look about as we'll as we who have been at
home all summer.
The travel, via the Alabama river and the lakes,
is reduced to almost nothing; in fact, where one
hundred came, via Mobile last season and the sea.
son before, there not ten this season. 1t is all
railway now three and half days from NewYor
to New Orleans appears to be the grand climax.
Under our financial head this morning will be
found the latest accounts from Rio, which came via
England. Is it not a hard case that the comner-
S2b"tit'AAtiFg
dependent on British mails and steamers for The
Transmission Of correspondence We ought to
have mail line Of steamers to run once month
at least between the United States and South
America; but some enYious parties would in the
event of such line being established break it up,
as Vanderbilt did in the case of the Collins line OF
steamers between New York and Liverpool; yea,
Com Vanderbilt was prepared to carry the mails
to Europe for mere song, in order to drive of the
Collins steamers. The great mail service of the
United States with foreign countries is now under
the control of Great Britain. We cannot receive a
letter from South America, Africa, Asia or South.
ern Europe, unless through England True,
Monsieur Vanderbilt has two steamers running
over the Atlantic but they are only apologies for
mail purposes running about six months in the
year. There are two steamers running from New
York to Harre as American, but the question is
reduced to this: :" That the winds and seas are
Britain's wide domain, and not steamer without
her permission moves.
NAVAL lNTELIIGENCE.-We have advices from
the Brazil Suuadrnn t0 thn nit 1,la JTni+od