New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1859-03-12
TALK ON CHANGE.

The weather was proptious for business yesterday
in fact, we have been favored with good weather
during the entire week. The talk is, that large
amount Of business has been transacted. The good
demand for cotton, started on Thursday, continued
yesterday. Factors are in the best Of humor and it
is reasonable to suppose their patrons and clients will
be under similar good feelings when they receive
their accounts Of sales The talk u.s. that the advance
10 Liverpool since the 18th of February will prove
very fortunate for many shippers who have thousands
Of bales at sea- According to this market at this
time assuming 14c, which is rather under the mar.
ket price, cotton must command in Liverpool with
freight at 7-l6d., exchange l0S, Z Esd. SO If the
highest quotations by the Arabia (74d) are main.
tained the chances for profit are about even. There
is great discrepancy in the advices. The first adj
vices received on Thursday quoted the staple steady
and advancing, with the political intelligence repre-.
sented peaceful We said in talk yesterday it
was difficult to limit it. The dispatches received late
on Thursday night, and published in yesterdays
issue, were altogether Of warlike character-nore
than any heretofore received. Napoleon is issuing
orders for campaign; Austria is preparing for de-
Tense. The Austrian army in Italy is to be placed on
war footing. All military surgeons are ordered to
join their respective corps. Immense quantities of
lint is ordered to be prepared. All these various &C.
counts do not bear very peaceful aspect. As we
have said before, continental war will not be of any
serious disadvantage to prejudcal to American
interests. fhowever, England should be drawn into
it or become involved, then different and unfortu-
nate state of affairs will arise.
Following the dispatches Of Thursday night, our
contemporary, the Picayune, received and published
yesterday evening commercial accounts directly at
variance in most respects to those received the day
BEFORE stating, however, the tenor of the private let
tiers received at Halifax was of favorable nature
quoting Midding Orleans cotton only 3D. including
it is presumed the sales of the Goth. However, we
shall know the exact position of the markets on the
receipt of the private correspondence say about the
18th. The next advices will be looked for with much
interest The screw steamer City Of Washington was
to leave Liverpool for New York on the I'd inst The
further talk was on the fine weather for the planting
interest," the general easy state Of the money maket,
and the favorable advance of the credit of the city,
which was demonstrated in the negotiation of the
city bonds yesterday full details of which will be
found in our financial column.
| Weacknowledge considerable of talk from mem.
Der OF the tobacco trade We have nothad time to re-
view the talk he sends 1he circular enclosed to
us is etirely different from those we observed pub
lished IN the West, as emanating from this CITY, The
talk is, that to secure satisfactory inspection, and
proper warehouses, legislative action must be an.
pealed to. There has always existed great diversity
of opinion relating to the weed and it is almost idle
to look for unanmity among dealers in the matter
of storage and inspection.