New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1861-01-04

ton}as poyaras New Leyee and Fulton streets are
crovyded with barrels casks, kegs sacks and so
IN so much SO that il is difficult to pass along
without more or less danger to pedal eXtremltes
If business is so very slack whence and where go
| the thousands of dray and wagon loads OF produce
which we observe daily, hourly and momentariiy
passing from the levee and landings, and from
the FOREGOING streets? IF there is no trade going
forward if business is so dull how is it there is
so much produce moving? Furthermore we can
reiterate our remarks to the farmers, dealers ana
traders of the West and Northwest, if you want
! prompt pay, early returns, moderate charges and
gold and silver for all your produce send 1t TO
/ New Orleans, we have an abundance of gold here.
The Southerners are not going Nortlward or west
/ ward to buy provisions and provcnder. Helofe
ninety days pass we shall have potatoes, peas,
beans, turnips and other escn9elts from our own
soil Of the growth and raising OF the present year,
1861.
The following, from the Cincinnati Price Cur
rent Of The Goth ult. explains the manner IN WHICH
| the farmers Of tho West are triiled with 1t would
be far more remunerative for them to send their
| produce to New Orleans merchants, and have 1t
sold for gold: ....
The rainy, chilly weather retarded business very
r,nch during the week. Turnpikes were almost
/ impassabe, while the country roads leading to
| them were cut through and through. The week,
therefore in city aud country, was blue enough
peopIe deeming it best to keep well sheltered.
| Collections were also less. Selling produce Gu
credit TO country spectators is having Injurious
effects on the payment of debts. Farmers, for the
sake Of better prices sell time, running all the
risk OF the speculation, for, if the purchaser makes
money, the farmer gets his pay when agreed upon,
hut in the event Of loss payment is indefinitely de-
1 ferred 1t is remarkable with what creduity peo-
bic in the rural districts trust large spectators re-
siding in their midst and how little, evidently, the
mast experience in losses has checked such opera
| lions. All this would be nobody's business, were
itnot that these doubtful operations are made the
basis OF excuses.for the non-payment OF debts.
| The arrangement, as we have been able to trace
| t. is as follows: TIE farmer expects 7c. Ter his
r,orz and 81 20 for his wheat. The country spec
ulator contracts with him for his hogs at IS 50 and
| will take them from his pens, and 81 Is for wheat
/ delivered at the mill or railroad station. The
wheat is ready and the time for pork packing ar
i fiyes but prices have in the meantime DECLINED,
and tho buyer cooy tells the iarmer that he eG'
pected better state Of the market, and cannot
fulfil bis contract unless four Or six months time s
given "to turn round ill.," and rather than sell IQr
cash at reduced prices and make safe affair OF It,
the farmer sells on time and takes all the Ilsk OF
/ the operation and we know several instances
where purchasers have suspended, and Tie farmers
left in doubt whether they will get one.iaif Ct
their lust dues. Would it not be better to make it
a fixed rule TO have cash on deliveryat their mar
ket value ? Produce should never be sold by the
producer except for cash or its equivalent value