The New Orleans crescent. [volume] (New Orleans, La.) 1866-1869, 1869-01-24
States to Great Britain since 1916 have been as

The manufacture of textile fabrics has acquired
an extraordinary development in Europe, and the
following gives the exact annual production OF,
each country: England. 5000. 600, 900; France,
s6OO GOO 600; Austria, $40 900 ,000 Russia. $685.,
GOO GOO; Prussia 1851 900 600: Italy, s74 900 000
Reeium. SCI 600 600; Switzerland; 50, 600 goo.
mark. Holland and Portugal produce conjointly
about the annual value Of 81 400 600 .000 France
produces the annual value of $4,000, 900, 10 silk
and exports s66, o0,OOO, while England nd only
manufactures for the value OF s65,OOO,O OO, and
exports but 100000 in gold.
SHORT TINE AND DULL TRADE.-The short time
at Manchester, announced by cable as deter
mined upon some weeks since, appears oy tne
arrivals of the mails this week TO have been at
least premature. Foreign advices still claim, now
ever. that manufacturing is carried on at loss,
but as consumption is kept up pretty freely, con-
fidence in the future Of cotton Is rather on the
increase here. We showed two weeks since that
market freely Is only very little in excess Of last
year With, then. q supply In no event excessiveb
and with the present short stocks and the dispol
sition to hold back the staple. developed not only
in this country but in India, there can be no immer
date prospect of decline except there be de-
cided falling of In the consumption. Ia the Unir
ted States there certainly is no prospect OF snort
time among the manufacturers; the only limit TO
their sales at present Is their capacity TO manu-
facture and their willingness to sell. And noone
here will now believe in short time in Europe until
it is seen in its results The time was when dis
patch from Manchester of dull trade meant some-
hing and had its influence on our market; but Il
will REQUIRE something more substantial now to
affect prices here.
THE PRODUCE OF THE WEsT-NeU Orleans
Versus Chicdgo.-The heavy cost of shipping
grain and other produce to Chicago from Iowa,
Wisconsin, Minnesota, and most Of the grain
cities of even Illinois. and of transhipping the same
from Chicago to the East, has compelled the
farmers of those States, and OF the Northwest
generally, to turn their attention to New Orleans,
Z. 20 Of hxT NO
with little or no railroadng TO reach shipping
points on the Mississippi and its various tributa
RES Chicago Is in great danger Of losing her
prestige as the greatest grain market In the coun-
| nv unless her citizens soon devise means to
cheaper freights between the West and the East.
| The freight on bushel Of grain from Chicago
to Buffalo is 10 cents from Buffalo TO New York
Is cents; cost of handling it at Chicago 6 cents
total "a cents. From Cairo ION the OHIO river
Southern nlinois) to New Orleans the freight Is III
| cents total IL cents difference ~ cents per
| bushel To Liverpool the difference between
| the freight on bushel Of grain from Cairo and
from Chicago is estimated at about 10 cents in
| favor of Cairo.
| These figures are important to consumers In the
| CITY, and in the East generally. The twenty-five
cents per bushel difference In freight IN favor OF
New Orleans would far more than pay for It's
| transportation from that city to this and New
| York and the difference would be so much IN the
| pocket of the Eastern consumer.
| Owing to the high freights Eastward via Chi.
cago and Buffalo, the farmers OF the Northwest
are adopting all the means within their reach to
improve the Internal navigation Of their respect
i've States so far to increase their facilities fol
reaching the Mississippi by water. They are tired
| OF paying tribute TO the railway kings aud canal
lords of Chicago and New York. aud have eyi
IDENTIFY determined to consult their own interests
hereafter Phil. Patriot.
The Boston Shipping List reviews the marke
for domestics for the year 1868 as follows:
Trade in cotton goods shows decided improve
ment on last year, and manufacturers. on th'
whole, have done profitable and remuneranv'
business The bulk of the supplies Of raw ma
terial consumed were purchased early IN the yea
at low prices, and, although there has been YER
| little excitement or speculation se far as good
are concerned, the productions of our mills bav
met with q steady demand for consumption a
satisfactory prices. The export trade does mo
show 80 large an increase as might reasonably b
expected. and it will be some years before I'll
quantity exported in 1861 is reached, but hem
consumption is rapidly increasing and the qpan
tity of raw material consumed has been large
than in any previous year, not excepting 1850
when III 800 packages were exported sgains
81 1868 packages the past year.