New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1860-05-15
Nem 0rleans 9ailg Crescent.
TUESDAY MORNING, MAY Is, 1860.
TALK ON CHANGE,

TUESDAY 5MOhNlNG, MAY 10, 1851.
TALK ON CHANGE
The week commenced yesterday under good
feelings. Towards noon it was announced that
later adyices from Europe were at hand, being up
to the I'd inst, and brought by some of the militia
steamers As expected, the cotton market in
Liverpool held up, and as we have before remark
ed, the bottom, as regards prices, is covered.
True, there is some diversity Of opinion among the
frequcnters ON the flags of Carondelet street re-
garding prices. OF course, the Bears bring up
the large stock in Liverpool, and esconce them
selves behind the million and odd bales in Liver
pool. The financial advices are considered as
favorable. The old lady in Threadneedle street.
London had got over her fright, occasioned by the
movements Of the great discount house Of Overend,
Gurney& Co. We think the old grandmarm might
be sent into coventry for SPELL f some half dozen
houses Of the strength and standing of the old
Quakers had combined and withdrew deposits in the
same ratio. We have only received as yet one side
of the talk on this movement, which censures
0verend & Co. When we receive their side Of the
milling" match, we can then better talk and
judge of the columns Of remarks which have APP
peared to their apparent detriment In the mean
time, the Bank of England, with all its immense
influence, with its twelve hundred clerks and assis
tants, with its twenty-five governors and deputy
governors, with its sixtyve millions of dollars in
gold in vaults will not have the least effect the
river Mississippi will the raising Of the rate of
interest to get, or should it be reduced to 2a IL
ct., influence single stalk of cotton, will field
of cotton feel the whims and caprices of the old
lady; consequently it is idle talk to be alludng to
the Bank Of England; its influence and position
must be greatly eurtailed from its supremacy in
former years, if one discount house, by drawing
out deposits to only seven and half millions of
dollars or say El 100000 sterling, can cause such
huttering on the London Exchange.
The further talk yesterday embraced politics.
OF course, the disruption at Charleston comes in
for much side talking, and many remarks, opinions
and views of every kind are indulgea in regards
the future. Many think the country is safe; if it
Is not, we hope it may be. In the meantime. sales
Of produce, dealings in bills of exchange, with dust
flying here and there move onward irrespective of
whom may be the President of these United States
from the fourth day Of March next.
There was a fair amount of business going on
yesterday ON the great leyee-as much as usual at
this season of the year. On the flags of Tchoupi
toulas, poydras and New Levee streets, though
the decline applicable to the was perceiva-
BILE, there were sales and deliveries OF produce
going on; in fact, the shipments of -four, corn,
bagging and rope, with other merchandise, for
Texas, Alabama and Florida, appear to have no
end. The Lake steamers from the Carrolton Rail
road appear to be overrun with freight; hence
bagging, rope, corn, sugar, bacon and pork are
going forward in large quantities for the of
the year. There is talk of real line of, or
nf of nhnatp baip po in fha
trade between this city and Mobile, via the Lakes.
It may be only talk for it is wellknown fact that
the Mobans are under the entire control of the
monopoly, or the New Orleans and Mobile Mail
Line Company; in fine, if we have not Commo-
dore Vanderbilt or Baronet Cunard on our waters.
| we have Commodore Day, who is about as eff
cient the greatest and smartest Of the monopo-
lists of the age.
Well, there was some talk about cotton and the
enlivening news from Europe. We have some as
founding figures from Texas for the last week, as
appears by the following extract from the Calves
ton News OF last Saturday:
We have had numerous arrivals of steamers,
barges and 1atboats at the mouth the Trinity COM
| prising in all about 5000 bales cotton. Several
steamers came down partially laden.as there was
cotton in readiness, and it was thought dangerous
| to delay. Only two small steamers have gone up,
| with light cargoes
| There have been liberal deliveries of cotton at
| the depots Of the Central Railroad, and the re-
| mainder of the crop is rapidly descending into
market 5-
| The weather has been fair, and accounts from
! both sections of the State are very encouraging
| for expectation of good crops.
| The tables foot up for the Texas ports for the
| season as follows:
1889 1860
Received AT Galveston. .l2G iS6 149iS
other ports....s. 225 $50 40 i5t
152,465 224, ,l9
i 545Lg I52,4