New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1861-02-06
TALK ON ,CaANGE.

The gatherings on the flags yesterday were
numerous. The chief talk was in regard to freights
| the very rapid decline between Saturday meridian
and yesterday, say an interregrum Of only twenty
| four hours, assuming Sunday as a dies non. On
Saturday it was said there was no unoccuDed
room on board of any vessel at one penny that is
some shippers We're refused on the ground that
vessels were full. On Monday real knock.down
followed the opening Of business; vessels were
taken up at i'd, making difference of rs 48 cent
during one revolution of the sun. The question is
simply reduced to this: that either freghts adj
Vanced too precipitately two weeks ago, or they
declined too rapidly yesterday; that the advance
from ID. old, following the commencement of the
week on the 2lst ut had no basis incubated, as it
| were, on speculative movement, or that the de.
cline Monday had its origin in fear and terrifca-
ton. These rapid changes in one Of the most pro.
minent branches of commerce have tendency to
thwart, set aside all pre.arrangements and esti-
mates. When the advance from St03d, and then
to3gQ1ld. was made, cotton was sensibIy affected
aud many factors gave credit to the assertion that
there would be a scarcity of shipping for weeks to
come, but a strong easterly wind arises and watts
into port only sufficient tonnage for the transporta-
ton of about seventy thousand bales, and away go
ought TO be more stability, greater regularity in
SO important branch of the commerce of our
great emporium. Of course, we do not intend to
reflect on the system of taking up vessels at one
rate, with the expectation Of realizing higher rate
and commissions But the tendency to irregularities
and instability of the important branch of our com
merce is freely commented on. True some folks
say what one party loses another party gains; but
II. Z,
the true principles of trade. However, the Bulls
in The freight market rallied towards the close of
business and talked az though they would realize
I'd at least, under the daily heavy receipts Of pro-
duca.
Large receipts of produce were features of the
movements on the great leyee yesterday. Well
may the tyres in commerce inquire, 0What will be
done with these loads aud piles of produce p? The
produce moves almost as rapidly as it arrives.
There Is no accumulation Of stocks; it is taken and
paid for from the steamboat loads of five thousand
bales Of cotton down to the unpretendnG flatboat
load of potatoes and other escllents Some of our
wise folks think that because cotton is King tha
cotton u supreme; in some respects it is so but
there are sources OF trade scarcely dreamed of in
the philosophy Of Caronaeet street and enyirons.
For instance q tiathoat load Of produce from the
small streams and villages Of Kentucky, Indiana,
Ohio and Illinois, are never talked Of. These
boats owned by the hardy tillers of the soil, float
down the great Mississippi calmly and unpretend-
iagly, loaded with potatoes, hay, corn and other
notions they sell our evee through their agents.
each boat load netting from three to five thousand
dollars. Some Of this money is invested in sugar,
coffee and other groceries the balance is carried
home in gold, and gold only; for our Western
friends at this crisis, though holding our banks all
in esteem are bullionsta feeling and take eagles
and double eagles As we have a good supply Of
these birds, and Western productions are in good
request, paid for in gold, We sgain reiterate to