New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1860-05-24
TALK ON ,oHANGE.

IL
dayvery little desire to operate in fact, 50 far
as the staple IS concerned, there is very little Of
| the immense crop unsoId The stock on hand
yesterday was s., 600 bales less than two years
| ago at this time and only Al 900 bales more than
last year at this time. The inquiry is made about
$4,000 bales Of cotton shipped from Jacksonville
and Platka, Fla. that is, how much of this guam
| tity has been shipped direct from Jacksonville to
NewYork and Boston, and which is not entered MP
| many Of the tables, unless some few bales Of Sea
Island, which may have gene ints The Savannah
and Charleston reoeipiss
Ne notice from time 70 time tile receipt of sugar
from Cnla. We find that The importations for The
quarter ending the 3lst Of March last into this port
were 4,627 5as IT, costing at the place of exporta
ton slas, 5I2, on abodt "a IS o. 100 d. Add the
duty ca ceAt.e and it will send the cost up to
$5 49, to which the costs Of freight are to be added
While talking of sugar and moasses, we are re-
minded that the ST. Louis Sugar Refining Company
can turn out cheaper article, Or one that will cost
less than any In tlle country II this is really the
case, we do not perceive any reason Or rhyme why
there should not be shipments Of st. Louis refined
sugars to this market the same as we receive them
from New York, Boston and Baltimore. We have
two Or more sugar reineries in Louisiana, which
ought to turn out sufficient for the trade of our city.
III all probability they would, il they were suffi-
| GENTLY encouraged. There have been within the
| last twenty years several refining establishments
started in city, but somehow they have not re-
turned as much for the money invested as could be
realized By taking the same amount going on the
street and Investing it in paper; that is, buying
sugar and cotton factors acceptances.
The following extract is from St Louis paper
Of last week:
There is probably IN no part Of the country SUI
gar refining establishment that turn ont better
article at cheaper rates than the st. Louis Sugar
Refining Company. e has ample capital, is under
4 able and honest financial management and, in the
manufacturing department, has the benefit of the
best skill, experience and knowledge. Its products
ought to command the entire marketo ST. Louis.
e capable Of supplying the demand of the whole
country connected by trade relations with this
city, and it is determined to test its capacity in
1 that way. twill be quite in vain, we are certain,
| for the New Orleans reiiners to compete with it,
put down their prices as low as they may The
! city trade will not be slow to discover that fact
and will purchase where they can buy cheapest
Already one of our contemporaries has taken notice
that the New Orleans rehoilers have had to submit
4 to heavy losses ON their stocks Of moasses. II
| these choose te continue to pursue the a cut
4 under policy, they will be met in the same way
| Our refinery can supply the entire wants Of st
4 Louis and its country custom at reasonable rates
| and ought TO be, and no doubt in the end will be
4 able TO do SO.
Our impression is that the New Orleans refinerie
/ can, notwithstanding the great competition from
Northern refineries, as well well as the challeng,
implied In the above extract, stand strong com
/ petition in fact hard contest with any refnerie
1 In the country. When we are advised of ship
ment Of refined sugar hither from st. Louis, ans
that II pays profit equivalent to commission
and interest we shall be prepared to concede tina
st. Louis Is entitled to q belt.
| There were three arrivals of steamers from tn,
West yesterday, bringing good cargoes, composed
Of the varied notions produced in that section o
s country. We, however, want good many barrel
u Hour and pork to make the receipts equiYalen
y " last year. True, we have received more thai
Miee the quantity Of corn and oats over last year
y WIN large Increase IN hay the great articl
winch has been hoasted Of by Northern politician
as beng OF SO great and enormous yield. amount
\ ing to ten millions Of dollars but somehow d
another they have to keep the greater mart Of r.
home to supply their stock as there have heen 70
eeived III New Orleans this season ST 900 hale.
valued at 500, 900, which is very paltry set q
! against the exports Of Louisiana in fact, Ii
negroes on the plantations In Louisiana sell MOI
vegetables fer their own profit than all the HI
, that Ii shipped to the South from Northern pori
The receipts Of hay last year were s3,50o bales ,
to this time the receipts Of -four were 80 600 b.
rels against 49, 900 this year. The receipts Of pc
were last year 100000 barrels and tierces again
49,, 800 this year. and Notwithstanding these De
ciencies we are not starving. nor is there the lea
prospect Of seanty supply, Or tendency towars
il famine IN our midst True, the receipts Of COZ
have been large, being l,l6s0oo sacks again