FROM NEW ORLEANS.
NEW ORLEANS, January 21, 1859.
EDITORS APPEAL: The news by the Europa, received here on Saturday, is reported to have had no effect on the cotton market. It is true that, for the better, it did not; but brokers demanded, after the receipt of it, a concession, particularly on the lower grades; and the opinion among [factors?] is, that for grades below middling there will be a reduction. For middlings and the better grades prices will probably be sustained – even running lists of middling will bring [114?] to [144c.?]; good middling, [illegible]. For our great Louisiana staple, sugar and molasses, there is heavy demand, with an upward tendency in prices; in fact, everything for sale here seems to be on the advance. A No. 1 field hands are selling here at from $1,500 to $1,700 each. Planters complain loudly of the high prices, but buy at last. This is a hard market to sell an unsound negro in; slaves not fully guaranteed bring here little or nothing, comparatively.