New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1859-02-08
Weh @rleams DaiIp Crescent.
TALK ON CHANGE.

The great thoroughfares were crowded yesterday
the weather Was all that could be desired for the
facilitating Of business. Our list gives many arrivals
from the interior and from The European mails
by the Arabia, rather part Of them received
on Sunday. The private correspondence rules on
cotton, and dealers the othsr side wonder how the
market on this side, under the large receipts is 80
we'll sustained. The Manchester spinners or traders,
seem desirous to keep the Liverpool importers and
dealers in cotton under their fingers some of them
(the Manchester men) think they badly treated
by the Borough Bank Of Liverpool folks last year,
and want to make up their losses somehow or
another and they think they do it through fore
ing down the prices of the great staple OF course
this means game will react ultimately on this side
1t appears that the political condition of the Euro.
pean continent, the pretended muss, we suppose,
between Austria and France, has been much talked
Of on the Liverpool flags; and of course, the Bears
in stocks and the funds have not been backward in
taking advantage Of the supposed unfortunate aspect
Of affairs We received BY the Arabia the following
letter
LIVERPOOL, Jan. Is, 1859.
We have to report dull cotton market. The CON
| sumption continues at the same enormous rate. We
must have change ere long. Cotton must 20 up
here or down with you; it cannot continue at the
present disparity for ever. The rumors OF war from
shall be assured of peace as it will suit the
purposes Of Louis Napoleon. F7.s
These war reports must at all times be received
with much caution in fact, they ought generally to
be taken at about fifty per cent. discount-that is,
credence is to be given to about onehalf. The tee.
graph will in all probability, be the medium used for
speculative purposes the chief will be to depress
cotton as well as breadstufs 1t is not out of place
to repeat the talk that -four and grain have reached
the lowest figures for this season. and the future in
these articles will be governed by the next harvest
though some months off.
The talk continues Of the detention of vessels at
the mouth of the river. The Committee of Engineers
appointed by the Chamber of Commerce to proceed
to the bar and make thorough examination have
returned and it is presumed will report forthwith
We learn that great discrimination is now made by
shippers Of cotton in fact of all produce. large
difference being established between vessels of light
and heavy draught of water. Large or heavy ships
cannot obtain over 7l6d to Liverpool while vessels
that will not draw over sixteen and seventeen feet
will command l5-32d. 1t is hoped Congress will act
at once The special attention of our delegation ia
| required.
In our talk and remarks in last Saturday issue we
published telegraph dispatch from Capt. Stevens,
of the bark Joseph Hale, which has elected from one
of the Towboat Association the following dispatch
from the Southwest Pass:
MANAGERS OF TowBoAT ASSOCIATION
The bark Joseph Hale was not put on the bar in
| consequence Of her not having ropes of sufficient
strength to take the vessel the bar but the Cap
tain Of said bark refused to pay US the customary
price for the use of ours. :
w. CHAPMAN, Of the Ocean.
G. w. PHILLIPS, of the NJ. Kingsland.
The certified following has also been forwarded us :
This is to certify that the bark Joseph Hale was
towed to the bar at the Southwest Pass by the Tow.
boat Panther. On arrival there, the Captain in.
formed me that he would not take second boat, and
would not go down until the bar was clear
DAVID F. REGEAN,
Master of Towboat Panther.
| The advices by the Asia from Liverpool were re.
ceived, and will be found under our telegraph head
The Indian for Portland, was to leave on the 26th,
and the America of the Cunard line is the steamer
Of the Goth for Halifax and Boston.