New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1859-04-21
gth 0rleans 9ailp Grssttut.
TALK ON CHANGE.

Yesterday opened quietly. At an early hour it
was talked about that a break had occurred in the
levee at the Picou plantation, belonging to Messrs
Bougny Gaunecheau, 35 miles above the city, on
the same side Of the river It is ugly place for
break, the land being very low and the evee l3 and
Ia feet high in the vicinity. Later accounts stated
that the break had got to be real crevasse 200
feet In width and no prospect Of its being stopped
creyasse occurred in this neighborhood years
ago, and ran its course. The water will not reach
the city through this crevasse, but will run off
through Bayou Labranche and into Lake Pontchar-
train. The talk was that the Jackson Railroad might
be interrupted. The road will not be troubled by the
water, being built on bank in this vicinity. The
distance from the to the lake shore is about
five miles little more.
About noon the talk took another turn. Intelli-
gence received that the Arabia from Liverpool,
Of the 9Th inst, had arrived at Halifax bringing
stirring intelligence, which will be found elsewhere,
just predicted the arrival Of the last steamer
that the one of the 9th would bring exciting ad-
vices The political advices are of this CASTE Com
mercally, the accounts are as satisfactory could
be expected Cotton was steady breadstufs dull.
The value Of this item of commerce does not affect
any, we have no surplus of -four grain to send
TO Europe. In financial aspect, If the price of con-
soils, that endless theme for standard, is to be
sidered the accounts are altogether unfavorable We
somewhat surprised at much Of the talk in regard
to the effect the probable approaching war will have
on American interests We have before talked on this
question, and that the disturbances, If they
general on the continent will not be detrimental to
interests particularly to the trade of New Or
leans. Calm your agitation and fears, Messrs dealers,
factors, Bulls and Bears any excitement caused by
reports will pass off in day or two after we get
the intelligence of the declaration and the first pas
sage at arms. If there any factors disposed to
sell cotton cheap to-day at reduced price, on the
war reports, they will find buyers There were some
fresh Bears the street yesterday--that is, cubs
just emerging into note, and willing to buy cheap
cotton, as also cheap tobacco 1t must not be
looked that at this of the year the trade in
tobacco is conducted and governed by the caprice of
two partes which shall, in the of talk, de-
sgnate as Tobacco Bulls and Tobacco Bears Jobbers
| in bank shares and dealers in bonds must not ina
gine that they monopoze altogether the honored and
distinguished appellaton Of Bears and Bulls.
! There was some talk Of cotton-it is use to at
tempt to suppress it. Talk will go on about the king
The receipts continue to swell, with accounts from
the Atlantic ports to the 18th and 14th inst Florida
the 9th, Texas 10 last Saturday, and the receipts at
evee the figures for receipts at all ports up to
last evening foot up 3413,Sl7 bales. In our esti
mates on the 18th we placed the figures II 4l0 bales
as the quantity required at this port to make up the
maximum of 3,S00,000 Of this quantity we have
received 10 100 bales, which does not include the
ceipts from Memphis. After this time last year the
entire receipts at all the ports were All 900 bales
The mails via the Jackson are becoming daily more
regular We yesterday received dates from New
York of the 18th inst as late due. The pacard a
the Post Office said the mail via Mobile failed =" as
usual" The Tehuantepec steamer Coatzacoalcos j!
fully due. The Tennessee, from Vera Cruz, will bt
due about Tuesday next.