The New Orleans crescent. [volume] (New Orleans, La.) 1866-1869, 1869-03-24

the dazzling one just set before N, there WIN
doubtless be very cousidsrsbls increase .s;,,, g
dollars will pass into the South for cotton alone
this season. the planters will not only be relieved
TO . great extent from the difficulties occasiooed
BY the late var, bot they viii have the strongest
profitable . branch Of industry. 30 long a. they
can raise crop of cotton 81 about ten cent? and
sell it ct more than twenty cents per pound, there
is sufficient guarantee that they viii continue and
increase their efforts. We may, therefore, at once
dismiss all our anxiety with respect to America,
which win doubtless from year to year approxi
mate to ito former preeminence - cotton grow.
ing country.l But the same cause should have the
same effect elsewhere. The prices now obtained
must act q premium for the production OF cot.
3 Mr.. Johnson's prophetic language IL not fully
satisfactory to British manufacturers. however,
and while they intimate disbelief In the realiza-
tion of bis very sanguine expectations, they attn
same time indicate purpose of greater activity t
In the production OF the staple within the British
posse ssions, ss will be seen by the following:
However dazzling may be the promises made
respecting America, We must not allow ourselves
to be diverted by them from steady and reso-
lutte pursuit Of the great object Of making India
our hopes Of that country 80 confident % ct the
present time, II the measures be vigorously car
ried on which We desire TO see adopted. If high
prices. now 80 long continued, occasion our man
ufacturers much embarrassment, they will have
the effect of exciting cotton growers In every
country to produce increased supplies OF the raw
material SO much wanted, and from no quarter
should they be more readily and abundantly OBJ
tanned than from India" a III o1f,I \,
CorroN--The week ending Friday evening, the
lsth inst. closed upon dull and depressed mar
ket- Owing to more favorable advices from
Liverpool, Q reaction took place on Saturday.
when, although transactions were not heavy or
numerous, the market became active and firm,
and exhibited increased steadiness. This activity
has prevuficds- Buysss haginnina tn realza
that the apprehensons Of much lighter supply
than was expected at the opening OF the season
were well founded. and that they cannot conf
IDENTIFY look for further concessions The uniform
ity which has prevailed in the Gold and ex-
change markets has also tended to strengthen
and impart more confidence and tone to the
movement. Prices have ruled firm. with slight
advance on all grades. For better understand.
ing of the real condition of the market, We. how
ever, would refer to the subjoined extracts from
our daily reports. viz: l1slt-
Saturday. March 2O.--Owng to favorable dis.
patches from Liverpool, our market has received
quite an impetus to-day. and although the transac-
lions were not large, marked activity was notice
able from the opening TO the close OF business.
Prices were frmer. especially for the lower grades,
which were most in request. A large portion OF
the purchases to-day were on English and French
Monday, March 22-The market today
opened quiet but firm. Some few buyers
were inspecting samples at Saturdays inside
quotations, but factors refused to make
concessions, consequently put little was done till
the arrival of the p. NJ dispatch from Liverpool,
when business became more active at full figures.
The total sales OF the day foot up 800
bales, the market closing steady and urn at pre-
vious fgnres.
uif in IA han baa bQQ nOtIceable