New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1859-03-31
Ath 0rItz,ns 4ailp Grestsnt,
TALK ON CHANGE.

At an early hour yesterday the arrival Of the
screw steamer Kangaroo at New York from Liver
pool WAS announced on Carondeet street. Buyers
and sellers, Bulls and Bears, brokers and dealers in
bills were on the qui riue at once. The commercial
advces were deemed satisfactory, but the political
advces were anything but Of peaceful nature. Be-
fore the talk Of the news had passed through the as
sembed crowds, the arrival Of the Persia, with the
weeks accounts up to the 10th was announced. Her
advces changed the Of the talk from the fact
that cotton had given way between the 10th and the
18th to the extent Of sixteenth, with sales Of the
week amounting to 1000 bales, Of which exporters
and specnlators took l3 900 bales. The total sales
were, therefore, about equivalent to the weekly
sumption. The London money market was said to be
strong, or reported strong; yet, the demand for
money was on the increase. There was panic on
the Bourse in Vienna that is little too far off to
affect Carondelet street and environs. A fall is re-
ported (but 1t is like great many other dspatches)
in the French funds The hope is expressed that
bill dealers and brokers will refrain from any nervous
feeling at further decline and tumbling down OF
French rentes. We beg all sensitive merchants to
calm their fears the war prospects, though immi-
nent, are generally prepared for. Unfavorable ac-
counts all round were expected by the Persia by
several operators. We met with the biggest Bear
change in stocks aud cotton of the real Rocky Noun
tain species, on Tuesday morning, and he remarked
the Persia would certainly bring news of declining
market, because she never brought any other since
she has been running. However, she made good
passage, being under good repair. Our quondam
citizen, the Bears talk, proved correct. There was
not much disposition evinced for last transactions
yesterday after the news was on the street.
The accounts from the mouth OF the river were
favorable Sixteen to eighteen ships have crossed
the bar, outward bound, within the past few days.
The ship E. F. Gaban, drawing 191 feet was nearly
over. She has been detained since the Goth January
The ship Monticello, for Liverpool, destroyed by fire
on Sunday last, with 1887 bales Of cotton, was, we
learn, only insured as far as known for one-eghth
No insurance on freght-cargo insured in England
! This is clear case of combustion arising from
storage of damp partially wet cotton. This is the
fourth vessel loaded with cotton that has taken fire
within sixty days, destroying and damaging 10 ,Oo(
| bales.
| The arrivals OF vessels from sea are numerous
many Of them have been detained from fifteen t.
thirty days outside the bar. For the information o
distant shipowners we regret that the talk s that
encouragement for good freights ia in prospective
The vessels known to be on the way hither will b
amply sufficient for the business OF the season
Freights are greatly depressed in Mobile, and vessel
from there are coming here in search of employment
In the meantime, the English, Scotch and Bremel
propellers and screws playing the mischief in tn
carrying trade between Northern ports and Europe
They having the trade all their own way, and th
heretofore invincibility Of American shipping mus
yield.
The mails are becoming more regular, and il MI
Holt cannot give us dates in five days from Ne,
York, we are willing to have them in six.
The Indian Of the Canadian line. to leave Lverpoe
on the 23d inst. for Portland, will probably be th
next steamer.