New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1859-06-23
TALK ON CHANGE.

The intelligence from Europe, brought by the
Persia from Liverpool up to the 18th inst and which
we laid before our readers in yesterday mornings
issue, formed the chief talk on the streets and on
change the greater part Of the day. The general
character of the advces, commercial and POLITICAL
sustain our expect being about as unfavorabe
as the most renowned Bear in stocks and cotton could
desire. The position of the beigerents, the fights
and their movements, form the chief purport Of the
dispatches The talk is, that the Austrians have not
been SO badly beaten as the first accounts of the bat
tie at Magenta (Milan) indicated. 1t appears that
the tremendous losses in killed and wounded (ac-
counts Of which came by the Anglo-Saxon) are not
corroborated 1t also further appears that the actual
strength Of the opposing forces has not been fully
tested. In fact nothing of satisfactory nature can
be dscerned in the mass Of dispatches at hand favor
able to either side So all the satisfaction to be OBJ
tanned until the next arrival is to talk pro and con on
the intelligence at hand. So much for the news poll
tical. The commercial advices do not conform to
the anticipatons of operators in cotton who boldly
entered the market last week at III to l2A cts. The
highest quotations for Middling Orleans are l3-16d
Assuming III cts to be the average prices paid, let
us figure out or talk out the cost on the Liverpool
flags or in warehouse, say LII cts. freight Sled,
exchange 1881, must bring 705d. to cover. In all
probability there may be difference in classification
which will tend in favor of buyers and shippers
The sales for the week, ending the 10th inst,
$4,000 bales against 81 $40 bales for the week ending
the 3d. It will be perceived that for the two weeks
the sales were 900 bales OF which spectators and
exporters took 2300 bales leaving for consumption
lO7 900 bales which is less than the average weekly
consu mption. As regards the influence on the pre-
sent stock Of cotton now in market, it will be
difficult to perceive any effect, the season is now
far advanced
In financial view the advices per Persia are talk
ed OF as being decidedly favorable How long these
opinions can be sustained, it will be difficult to con-
lecture The old grandmarm in Threadneede street
was forced to fall back and reduce the rate of inter-
est from A to 81 per cent Consols Chose eyerlast
ing themes to fill up quotations) were quoted at 93}
to "a for account, which appears to be an advance
the figures by the previous steamer being 93t to 93s
Here Is an anomaly for folks to consider on the
everlasting quotations of the price of consols and the
effect or bearing Of prices of the securities on cotton
We have now an advance in consols and decline in
cotton, which shows the weakness of wouldbe be
levers in consos. In fact British consols have just
about as much influence on our produce market, or
ought to have no more, than the price of our city
consolidated bonds-that u.s. the consols Of our good
city 1t is hoped hereafter that telegraph operators
will dispense with the flaming headings in regard tc
these securities as we have our own good citys con
soils, on which we can talk from day to day.
The talk on local affairs was confined to few re
marks on the weather, which was Of the most agree
able temperature, the day passing off without show
ers OF rain or even sprnkling. The accounts by
telegraph of rise in the upper rivers it is unneces
sary to allude to. There is danger Of high water
and the submerged lands in Mississippi and upper
Louisiana are being rapidly relieved Of water. Many
thousand acres are already planted, with favorable
prospects of good yield of some kind of product
The recent rains have been general throughout the
country and the prospects for good yield of cottol
and sugar were never more promising yet it is
long time before harvesting will commence. Corr
throughout the Southwest has suffered seriously from
the late dry weather. but the potato crop is beyont
any former season.
Part of the Europas mails were received yesterday
The papers and circulars for transmission WILL it i
presumed, be along in day or two, just in time tt
be Of no service to u.s. The mail via jackson yester
day brought dates of the 18th from New York. Th
next intelligence from Europe will probably be b.
the Nova Scotian OF the Canadian line Of the 18th
and will be due at Quebec the day after tomorrow
Inc next CundFQ steaWer VIII De Tue AFdUa lot dos
ton Of the 18th. The steamers Tennessee from Yer,
Cruz, and VIM. H. Webb from Minititlan, are boil
past due. 1t is surmised that the Tennessee may
have proceeded to New York from Vera Cruz, with
the expected specie. We shall know in short tint
| what has become Of her. =
|
HANGED.-On Friday last Geo. II. Lamb was huns
in ST. Louis for the murder Of his wife by drowning
her in the river near St. Louis. The crime was com
mtted in December, 1857, and the circumstance
connected with 1t rendered it one of peculiar atrocity
He wished to get his wife out of the way in order t.
marry another woman, which he did shortly afte
edectng his purpose. He twice administered poison
to her, but her distress caused medical aid to be sum
moned, and her life for the time saved. He the
decoyed her to the river under presence of goinl
somewhere in skiff, and when an opportunity oc
CURED he seized her and held her head under wate
until she was dead.
Wool AN EXCELLENT CoHDucroR.-D During thun
der storm which passed over Ripton, Vermont, fe,
days ago, thirty sheep were killed by one fash O
y;.ik