New Orleans daily crescent., 1861-12-16

Would DE buyers appear to be increasing, with
aevera being made for parcels on plantation.
These cifefs are favored BY vary low prices, such
as s@sao.. and the plentifa sdppl Of money and
8sextreme high rates Of exchange. These very high
figures for exchange would be Of brief duration on
a the changing Of hands Of some few thousands of
bales Of the staple. As the prohibition in regard
to the arng Of cotton hither IS still in force,
& excepting for some few hundred bales for special
purposes and local uses there is not the least inti
Z, nation 81 any large transactions taking place for
i, some time 10 come. The autumn has been very
q favorable for the picking and gathering, and in
a conse quence of the scarcity of baiing and high
prices Of rope and ties, there has been no general
q encouragement for planters to pick their fields
d clean; therefore, large amount Of cotton will re-
main in the fields ungathered. Ell N,
The transactions in sugar and molassess show
livery little falling of for the week. The sales have
i been 1900 hegsleads Of sugar and about is 900
barrels of niolasses against 260o hogsheads Of the
former and 1900 barrels Of the latter for the
CORES ponding week last year, with the Western
markets last year in coufsesof being supplied. 1t
will be perceived that the sugar trade is becon-
ing one Of the greatest Importance. In other
Il branches of produce the movements have been
4 confined tolocal or home uses. Provisions have
not advanced, nor have breadstuffs materially de-
clined. It Is something of paradox that with the
very large yield Of cereals last summer, consumers
should have to submit to about famine prices.
Louisiana is furnishing sugar and molasaes ut uli-
5preeedented low prices, and IN return she is
charged the most exorb bitant prices for what her
\ Inhabitants want 10 buy. All this and something
more looks very well for one side. A Louisiana
planter selling sugar at 29Sc. per fb. and buying
pork at I3@l5c. per 1t. on foot, and cornat from
1000. per bushel does notiindicate any equita-
i bic exchange Of commod titles. rue, curer3 or
dealer in provisions has to pay a high price for
sat but az high as the price, the disparity in the
prices Of the productions tsugar, breadstuffs and
prcvisionsl is too great not to command more than
aipassing notiee.ssH cannot be that the cost of
producing cereals for the year 1861 increased as
Ito make imperative that prices should now rude
at an average of nearly two for over last year
True, our market is closed to the usual receipts
from the great West, hut then the foreign export
demand Is totally annihated. Another year will,
however. assume different aspect. Less sugar
will be made, and not one-shird Of the usual guam
tity Of ground viii be devoted to cotton. Bread
stuas sand provisions will be in abundance before
the elese Of the tlrstof July little over six
months hence. The science ofsagricHltare in the
/ great South viii be developed before another
twelve months revolyes. We are not aware that
the principles Of industry trade, buying and sell
ling, requires any extended review from u.s. but we
shall from time to time allude to them without
going into any lengthy dissertations on political
economy. tzS5
The general jobbing trade of the city is moving
aG 1nela
Of affairs. The grocers are doing something
making, we expect, more than expenses, scspe.
eially those who purchased salt at low prices
though coffee an important item in this branch Of
trade lis one Of the things that were; a few dozen
of bags come along now and then from nanleless
places, which affords q supply for those who can |
pay one dollar for about q pound and a half. In |
drygoods there have beenl Light sales. The collec-
lions from tie country inthis branch of trade are
entirely cut off BY the prohibition of cotton never
theless the Memphis and Arkansas dry goods deal.
ers must have made exceedingly good collections |
from the highland we may term them elective
prices of wheat, corn and pork; and though our |
,jobbing dry. goods dealers have done good bust
ness this season believed to be highly remnnera
5tiye-they are largely minus for the business or |
sales of last year The impression prevails that
the clothing and shoe dealers have experienced /
the advantages Of high prices that many old |
stocks have been disposed of at a great advance.
I'M the local and general retail trade the move.
ments have been sconsnmmate with the crisis, that
iss greatly diminished, though the patronesses and
customers Of the great dry. good palaces on the
grand boulevard, Canal, appear daily on tie flags
thereof. yet retrenchment and economy appear to
rule. The retail dry-g goods, millinery and fancy
trade IS greatly INTERRUPTED BY the war. It is
hoped the country, that is, the Southern GOnfeder-
aey, will survive the falling off in inportations Of
Yankee notions, silks, laces millinery, and gew- Z
gaws, as well as the latest fashions. In fact, we
have no hesitation in saying that if not dollars
worth of merchandise from the fancy shops of
Lyons, Paris, Mulhouse and other places, is ever +
received 1.-The Southern Confsderacy will live and
prosper f n n SS d
II The general money market for the week has II
been abundantly supplied Capitalists and lenders
are for once brought up with supply of currency
Or money and no demand present nor prospective.
The weekly return Of the banks to the Board Of
Currency shows an increase of capital or money.
A reductions Of discounts has attended the move.
ments for the week, while loans have varied very
little. The debtors to- the banks have not been
pressed, nor Is there any reliability that they will
pess AS no intervention in their movements is ex-
pectea from the State, they will move along and
continue to grant the usual facilities to the daily
requirements of trade. It is idle and unreasonable
o say that the Legislature should not intervene
md protect our banks at this junctnre of affairs
lf course the Legislature has the power of direct
ng guiding aud assisting the banks it has also !
be power ofrestfaining and controlling them, but
turing this crisis the power Of controlling and re
training BY our legislators should be approached /
With extreme autionahd reseryedneas. If banks !
sre eyils they ate necessary ones Then follows }
ne Question, why do the people encourage them I
Why does the great public trust them with their
money and confde In them as eustodians and ]
Seepefs Of their all. notwithstanding our banks
laye suspended do not pay out gold and silver,
he public continue to- believe in their solyency i
nd sustain them, which Il made evident from the J
7eekly increase OF the deposit line. By the re. :
nrns to-day, will besobseryed that there is now
n deposit proper over sls 900 900 against sI4,:
1000 on the 1ath September, the day previous