New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1859-05-17
Neh 0rlsans 9aiIg Grsst.ut.
TALK ON CHANGE.

The week opened yesterday under the influences Of
the intelligence brought by the steamers Saxona and
Borussia, arrived at New York from Europe, and
which we laid in full before the public in our issue
yesterday morning. The talk was varied, but no one
appeared to be alarmed from the previous advices
some such intelligence was expected therefore, in
general, the news did not take all by surprise. The
talk was that Austria has taken Mr. Napoleon BY sur
prise, drawn line on him in advance However
the nephew of my uncle will be in the field at an
early day, and make amends for his diIatoriness,
Some folks talk Of declaration Of war. 1t is mani
fest that Francis Joseph has been to the trouble
of sending 2 declaration in advance. 1t is not SUD.
posed that any further ormalities in diplomacy are
necessary to let the world know that they are at last
in for fight, which has been expected for the last
three months. While the talk Carondelet and en-.
virons is rather of dubious nature the talk on Poy
dras New Levee Tchouptoulas and Fulton streets is
highly encouraging and lively. Holders of -four corn
and provisions, generally, talk as though they will
have the full presumed value of their Stocks Low
rates of freights to all parts of the world will aid
shipments-in fact, one branch of commerce will
benefit largely by the present state of affairs in Eu
rope. II Great Britain should be drawn into the
quarrel, the great shipping interest of the United
States will reap great returns. As regards cotton,
that for the present is to be shuttlecock The
enormous quantity that will be landed in Liverpool
this present month and the next will increase the de-
preston. The talk yesterday was that Middng Or
leans had receded to 62d. in Liverpool It is impos.
sibe to predict what course that market will take
under the excitement of war. Possibly the Manches
ter folks are attempting ruse. Importers of cotton
and the middle men, traders and buyers, will have
to suffer. OF course factors are about out of the
woods their stocks on hand being reduced to very
low figures. But of them begin to talk of next
seasons prospects, and how affairs will turn up in
November. Dependent as the great cotton trade is
on Europe it is rather hard subject at this time to
discuss of events to transpre six months hence with
armies of one million Of in preparation to take
the field of combat
The arrivals of boats continue free for the season of
the year. Tobacco is arriving in good quantities,
and the dealers are in good spirits with good prices
likely to be supported by low rates of freight and high
exchange. Nothing more can be required for the
tobacco business this season. 1t is presumed that
growers will be satisfied with the present prices if
they should not they had better raise more corn and
less tobacco. The talk however s there will not be
many complaints OF our market this season.
The mails came through yesterday from New York
via Mobile with dates to the 10th and via jackson of
the llth. The Persias mails of the 3Oth ult ought
to be received this morning. In the meantime, one
days later advices are expected by the Canadian
steamer of the 4th. The next steamer of the Cunard
line from Liverpool will be the Canada of the 7th.
Her arrival at Halifax ought to be announced to.
morrow. As competition is rife at this time on the
Atlantic, Sir Samuel Cunard, Bart may order lit.
tie more coal to be applied In the meantime it is
suggestive to all engaged in the foreign trade to keep
caim quiet, and free from excitement. and we might
add, to keep cool, with the sun approaching the
fpures no.