New Orleans daily crescent., 1860-06-16
VOLUME Kill.
Neh OrIsal1s Bully Grestent.
SATURDAY MORNING. JUNE le, 1860.
TALK ON ,cHANGE.

1t was very quiet on the flags yesterday. The
usual summer morning gatherings were observable
the shady side Of the streets, but they gave way
as as the sun got well mp, or towards meri-
dian, when general dispersion took place, the
mails having arrived and letters delivered. There
were several incidental remarks about cotton, the
dry spell of weather, the news from Mexico, the
next advices from Europe, and what will be their
purport, which will be due on Monday next.
There were some remarks in the knowing circles
regarding the cotton suits, the five-day lien law,
the suit for damages of large cotton factorage
house against party for refusing to take lot of
cotton which would not, or it did not, correspond
with the samples. 1t will take the Judges views
before whom the case was tried TO Determine The
decision may be expected in a few days. There
was some further talk about the suit in England,
brought against 2050 bales Of cotton purchased
here last December for account of party in New
York, otherwise called the McConoehe cotton,
which was stopped here but could not be held.
The cotton, 1t is presumed is we'll known to have
been sold or changed hands in New York under
the bills OF ading, and that it delivered to the
holders of the bills of lading the arrival of the
vessels in Liverpool, and, though the vessels had
been arrested in this port under our laws no re-
| gard was paid to the proceedings here-that is,
they treat and respect judicial proceedings Of our
State in England the same authorities or
laws treat English laws and mortgages, as in case
of the British ship Warbler, which was arrested in
our port and sold by our sheriff. and on her return
to Liverpool was taken possession of by previous
mortgages, or the Bank of Liverpool, under priv
eges granted three years previous to the proceed
| ings against the ship in our State courts.
We were, however, talking of the 205O bales Of
cotton by the ships Chicago, Eagle and Georgana
which were delivered in Liverpool, as per bills Of
| lading that the purchaser of the cotton in this
market was present and intervened, but it was OF
| no avail The cotton went into the hands of the
holders of the bills of lading under security; they
sold it, and the contest now is who shall have the
money-the holder Of the bills of lading and re-
puted advancers or them, the buyer of the cotton
who appears and claim privilege and possession as
| unpaid vendor, which will hardly be entertained
or whether the purchasers or holders of the buy
| er's drafts, (Which were made on New York; and
| who arrested the cotton previous to the vessels
clearing from this port. @
| The case is now on trial in London, and may OF
| may not be decided next year.
Our private adyices from Liverpool state that the
Bank Of England has objected to the dscountng
Cotton Brokers' paper, even with the endorsement
| of Liverpool bank.
| Some folks talk that this is not to be wondered
| at, when the manner in which some of the Liver
| pool brokers conduct business has been brought
to light and exposed. @.55a..M44 .- ~4z
They now talk in Liverpool, what is to be done
with the cotton that the warehouses are full thai
the stock is approximating 1900 600 bales; thai
| the rates of storage, which were three farthings
| per bale per week, have been advanced to three
halfpence? Other accounts talk in this strain:
| The further talk was that the stock of cotton il
I Liverpool bespeaks the abundant resources of the
holders that the bank failed to affect them by ii:
needless advance in the rate OF interest, and the
lowering of the rate will have no effect; that the
up-anddoWn system in Threadneedle street, how
| ever, stands condemned in the experience of tht
last two months; that rise was not called for
that the result fasified the theories of the bant
parlor; that they were formed on gross non-ap
probation OF obvious circumstances, and that bant
directors are competent for very little good, bu
| are capable of producing, under certain circum
stances, a great deal of mischief.
| Well, we are gratified to learn that the ole
| grandmarm on Threadneede street can be regard
ed as impotent, and greatly shorn of its hitherto
supremacy.
| The full receipts of cotton at the Florida ports
will be found in the annexed table. These receipts
may be considered as fms - for this season
they stand by the figures below against Ia, ,4s4
bales for the year ending the 3lst August, 1863.
Receipts of Cotton at the Port of ST. Marks, Fla from
The Isl September, 1889, to the 31st May, 1850
Received inthe Month May, bales. l54
Received previously oassl' or o.
''ses'ss4 = 49, 5.7s
~ a. ~
Receipts at Pensacola 10 June sol4
Total Florida receipts the Gulf bales. l7s O5
There were 14,O0O bales shipped from jackson
vile and Pilatka, East Fla, which have not beer
| taken into account,
There appeared to be a heavy shower of rain ny
the Coast last evening In the Fourth District
there was something of a shower, sufficient to lay
the dust in some sections; but down on the flags
and square block pavement there was scarcely 6
drop, and it closed tolerably warm and sultry las
| evening.
The further talk was of the boat called the
| Pamplico, running on Lake Pontchartain, where
| she was built? 1t is doubted whether she was
| built expressly for the lake trade All we knew ii
that she came from North Carolina, where she ha
| been running on some of the sounds and bays 81
/ Pamplico Sound. The inquiry is made, why go tt
/ North Carolina for name and boat to be used il
| Louisiana We do not know much about the boat
she may be irstclass, unsurpassed in all respects
/ but she partakes too much of North Carolina tur
/ pentine to warrant the belief that she was bull
expressly for Lake Pontchartrain. Quie,t sabe
/
/ SINGULAR PRESERVATION OF A CHILD.-The latt
English papers tell story of remarkable char
acter, to the following effect In one of the inte
/ ror towns of England, two gentlemen an eX
ploring expedition, were peering down well, sale
to be hundred feet deep when one of them dis
| tinguished the voice Of a child in distress. Afte
satisfying themselves that there was, indeed, somt
one in the well, they procured aid, and boy
stimulated by the promise Of handsome reward
| consented to descend, and was lowered to the bot
tom. He found there living child of a few month";
old, who was brought to the surface, and found no
i to be seriously injured, though nearly famished fo
i want of food. young woman of the neighbor
| hood was suspected of having lowered the chill
by cord to the bottom of the well and left it ther
to perish. 1t was thought that it had been ther
for nearly two days when it was discovered.
| PREMATURE GREYNEss.-lrhis annoyance is sc
riosiy by persons whose youthulness Of form
features present strange contrast TO whened locks, bat
they will submit