New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1860-05-04

TALK ON 'oHANGE.
Another quiet day was yesterday on the flags.
True, about 2 o'clock P. N. the shady side Of
Carondelets street was tolerably thronged. There
was as there has been for two or three days, some
talk about the disappearance or in modern phrase,
the absquatnlating of confidential clerk in of
our large factorage houses. From his accounts
with his employers, IT does not appear there was
any defalcation, and the cause of the disappear
ance is as yet involved in mystery. The European
advices by the Canada, which we published yester-
day, were talked Of. They cause no dsappoint-
ment, as they were expected; yet the quotations
of Orleans Middling have not receded to the pre-
dictions of the Polar Bears, but they are too low
for the comfort Of many shippers. 6sd. will cause
heavy losses cotton that cost l0Sc, freight 3D.,
exchange l07Il, must bring 7.22 to cover in ware
house. The stock reported to be on hand in Liv-
erpool would be astounding, if the consumption
and demand did not keep pace, and with the large
and steady consumption, the Canada's adyices re-
port stock Of ,000 This is the largest stock
ON hand since 1916. There is some discrepancy in
the quotations they were in the first dispatches
6sd., subsequent accounts say sgd. All qualities
above Middlings are we'll supported-Fair Orleans
being quoted at 73d., which would admit in this
market at this time, say 5-I6d. freight and ex-
change 10sd, l2.c. But how much cotton is there
to be found in our market at this time that will
class Fair Orleans! The financial accounts by the
Canada are not of a very encouraging nature. The
general accounts from Havre are not fattering.
Bas cotton, though, was reported without change.
The political adyces are the say-nothing order.
1t be inferred that Continental affairs going
on smoothly for the time being.
We will return to our own flags, where we meet
with good deal Of the recent failure in Liverpool
Bills to almost fabulous amounts are talked of as
under protest on one party. Two hundred and
eighty thousand pounds sterling are figured up as
coming back to New York, being drawn there.
Forty thousand pounds are talked of as to come
back here direct. According to these views, sew.
enteen hundred and fifty thousand dollars can be
readily called for. But who knows? who can tell
In the meantime let us wait for the wagon. The
Canada's letters will be here about Tuesday next
we hope the private letters will give more favor.
able aspect.
Under financial head this morning will be
found act of the Legislature, passed at the last
session. incorporating the New Orleans and Boston
Steam Packet Company. It will be observed that
for the preliminary movements, are Messrs. John
W. Andrews, B. G. Davenport, Thos. G. Jenkins
all old, established and wellknown citizens-and
VIM. Cennery. Now, who is Mr.. Gonnery? We
do not find any such name in our Directory, though
if he has the capital to carry through the con
templated Company, SO much the better. The char.
ter grants toleraby enlarged powers to the Com
pany-that is, it can hold real estate alone to the
amount of 100000, and personal estate not ex.
ceeding 100000. These very liberal franchises
# the Company could invest the 100000 in first
class darkies off Cuba it would prove splendid
speculation, and the stock will not go begging fol-
subscribers as soon as the books are opened. We
hope the New Orleans aud Boston Steam Packet
Company will succeed in whatever is undertaken
whether to run line of steamers between this
port and Boston any other port. The terms Of
the act Of Incorporation are very liberal
There was some talk of the great decline in
freights. Cotton, in large and small parcels, was
shipped yesterday or engaged to be shipped, fol
Liverpool at the rate Of 9-32d. This is next to a
farthing, aud farthing is next to nothing. These
rates, however, suit our cotton and tobacco fac
tors, and even at these low rates there will be more
ships built this down East, under the hopes
of an improvement. of course.
Talking about freights brings up some talk about
three clipper vessels sailing from this port last Jan
| uary for Africa direct with a modern assorted
cargo. One vessel 1t was talked of, had beer
heard from, having delivered her passengers all il
good health and condition, somewhere on the beacl
of Cuba, or perhaps it was off Corpus Christi
Texas People don't talk very plain about these
matters. It is well settled, however, that there
will be increase to the force for raising cottoI
| in Texas this season, particularly as recent de
eison of the United States Court says the " gentle
| men" can come as passengers under certain re
strctions, whether voluntarily or nyoluntariy is
| matter of little consequence. The Governmen
| steamers are watching jack o'lantern off Cuba
In short time the yometo will be breaking out O,
| board some Of them; then they will be ordered i,
Northern ports to recruit and enable the officers /,
reereae after the arduous duties of the past winte
| in watching the coasts of Cuba and Florida TO
| slavers. In the purchasing of negroes, planter
and others don't stop on the beach to talk or asl
questions; all they want is the fat, sleek heathen
| to be converted into Christians.
The mails came through in part yesterday Thes
double mails, or two per day, are a farce TIL
latest dates from New York by the mails direct ar
to the Goth, or the latest received here yesterday
We hope Mr.. Postmaster-General Holt will no
trouble himself about any further increase in til
mail facilities. The Jackson Railroad Compan,
deliver regularly and so does the Mobile Mail Line
| We learn that great travelling feats are now per
! formed over the jackson Railroad. They eclips
anything yet. in speed and safety. Passenger
leaving in the morning trains are landed in Ne,
York in three days and nineteen hours, and by tn
evening trains in four days and two hours. BY ad
vices received from parties who have travelled vi
the Jackson Railroad this spring all the wa
through, the complaints of last fall or the cause
thereof are all removed.
FoR MEMPHIS AND ALL THE BENps.-The spler
did passenger packet Lizzie Snnnus Geo H. Kirk raase
leaves for The above and all t,
oocock connecting at Memphis with the Memphis and are
ion Railroad and splendd packers Louisville an
ST. Louis Jno u. Hyce agents under ia I, ,a,ori