New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1861-10-28
geu Orleans alloaey Ilarket.
CRESCENT OFFICE, No. 10 Camp al

Saturday Night Sct 1861. s.
The only vitality in general commercial circles
n ruling this week has been IN sugar and molasses.
The transactions in these articles have been very
large. for the season, considering that we are
hlockadad by sea aud by land. In saying this We
have said about all that can be remarked on pro-
duce movements. There have been some small
transactions iii onething Of the hartering
order based on the opening of the port or the re.
moval of the blockade, but that il question to be
solved. 1t Is much more easy to talk and comment
on the raising and breaking upo the blockade
than to carry il out Cotton operations based on
The anhnlmsnt Of the blockade are more dangerous
than otherwise, though selling Middlng Cotton at
this time at about Sc. next an enormous sacri-
dce in face Of the low stocks in Europe. But trans
actions in cotton based on the opening Of eur port
are and must be on an infinitesimal scale.
In other branches Of trade--say dry goods, hard
) ward and groceries there have been some light
transactions. Nearly ali the rysgoods in Govern
ment warehouse have been Withdrawn and piaoed
on the market, Wooden goods have advanced to
unheard Of prices, and cotton fabrics are not much
in the rears Beyond sugar. n1oasses and salt there
appears to be nothing doing in the grocery line.
Hardware, with the exception Of Implements of
war are in statu qso. Ia the general local and re-
tsiltrade there is very dimnntire amount of bust
ness going on. CTinohnedom is bronghtup for the
noce by the cessation Of the usual fall
ef the cast-oG shops and fashions of Europe, with
the attending paraphernalia of gew-gaws and mil
Hnefy id general. 81 ~ !.
The question of breadstafs and provisions can
not be overlooked at this crisis. The stocks and
supplies are declining daily, with enhancing prices
being exaeted. Notwithstanding there is in the
country large stocks Of corn and wheat, corn ia
nov selling in our market at from 81 050sl Is per
bushel, and family -four has advanced to the
enormous prices Of slIC1sl2 per barrel higher
figure than known for years. Eaculents are pro
portionably scarce. If there have been such ex-
traordinary yields the past year il is very strange
that d share Of them does not ind the w{y to this
market of good prices and prompt payment. There
Is great want Of exchange facilities in Tennessee
tomeve large quantities Of produce hither. The
Introduction by military authority seriously affects
supplies Dealers say that If they could obtain
facilities from our banks thew could essentially Ia
I heve our market. y aa9
In the meantime, though the General Govern
ment ID issang its money with almost unlimited
speed, there is a great scarcity all through the
country. Our banks are doing nothing whatever
beyond the renewal OF maturing obligations. with
now and then an occasional discount for pantaton
supplies Tie very restricted course now being
followed by Gun banking institutions is attracting
/ more or less attention The planters and faotoraae
community have been under the Impression that
The Confederate Government would come to their
relief. This question may be considered as settled
BY the letteref Mr.. Secretary Memnlinger. The
planters must in bis opinion, look to the local
banks for relief and not to the General Govern.
fnent. On this point he takes statesman like view.
What is the extension and relief now granted on
the sis 100000 due by the community to the
banka2 It isfor sixty Or ninety days. To be of
any essential Or real service, all payments matur-
ing Should be thrown over till next season, unless
~ the interim the ports should be opened and ex-
portsof produce resumed, Our four old chartered