New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1860-04-28
TALK ON CHANGE.


The flags were tolerably well thronged yester-
day. Towards meridian it was announced that the
Africa had arrived at New York, with adyices up
to the 14th inst confirming the decline or heavi-
ness in the cotton market, reported by the boat OF
the 11th. 1t will be observed that the quotations.
for Middling Orleans cotton was Gsd. The advance
in the rate of interest by the old grandmarm o1
Threadneedle street, is confirmed. 1t is now per
| cent. The London market was under some strin-
gency and the turn Of the screws by the managers
| of the Bank of England on the 18th will not, OF
| course, help the market. There are causes winch
have given rise to this advance not known on this
| side but by few. The advance and the strin-
| gency attending on the London flags may be caused
| from political circumstances, or may be owing to
the constant drain of gold for the continent, with
the shipments for the East. In fact the position Of
| the London market is perpiexing and unsatisfac-
| tery.
| We will just step from the London Bourse on to
/ our own flags, and indte the talk yesterday Ihere
1 were several remarks about the decline in reghts,
and it was difficult for some folks to entertain the
| idea that cotton had been shipped for Liverpool
/ at less than Cd. 1t is presumed those interested
will find out to-day how many bales were shipped
| below 3D., and how much room there can be found
| for more at the same figure.
/ ldlhiuS VI Gottoni II aHo eo o1ii biNe5t@"
up the suits now progressing to be decided time
alone can tell, though it was talked of that one
seller remarked he did not if the suits were not
ended in hundred years, he or his house had got
the cotton, although his bonds out for the
same. In the course of the proceedings some de-
cidedly rich and lively testimony is brought for
ward. We give the following as what was ad-
duced before the Court the plaintiff being one Of
the vendors Of the cotton, and claiming it under
the fiveday lien law
Henry Rale for plaintiff sworsays he is d5asEan he i
eodn o hs he osas h s $
has day and wagon He only reeolecs OF l hayng
s ss dsy efsy
& M d @ a, h b opnr ho na cs n told R Sc
as he hauled 9d III these bal @ can't ecose
Gross examnsd mnch hurt because he did not
In nes hsns but one Wien he says he
be means Z S he sssS sy I'D no nsn an
So % Dsss he's esoes
so ~hea aRen Rs hauled s
So have
thsy bscaass they often @ have to pay for
tofil o lie J. Wood on m % Orleans
@o s s he fsa'
ss sHss P2s
bale 70 witness can't write he carries Re al in nj
Rs T. II .sSss
a a Y. as pssn mid sls a B.
has tho II s %ss a' ss' Pss s
sa S tsa day 20 m h and az hhs he
load on that day he hauled twelve
s 5
on aa a.
y and the [ @ Ss Post = ss %saH s
he haasd -four oa odo loads ~ Post IS and md
haulsd de 9f1 rs S G about
opd load the thrd at aboa. n and I'd the fourth
bales the wagon and five on the dray.
Mr. Rale is man in thousand. He can't write
= he owns a wagon and dray--frst-rate teams
he believes in good head, which he is evidently
favored with !; he remembers because he must Sc
remember; he does not go by the books at all
confound books! what is the of books and ac
counts, when man goes by the head He say
he was not much hurt because he did not get the
one bale to haul, in which our readers will coin
eide as one bale will not make much difference il
the l16l bales sued for bought by the defend
ant. This witness, it will be observed, though HI
does not go by the books, has most retentiv
memory He gives the precise time-the YER
hours-when he hauled the first, second, third an
5. fourth loads 1t was about 10 o'clock on Tuesda
81 when he hauled the first load; it about l
o'clock when he hauled the second load; closin
re in all sixty-eight bales he delivered It is pre-
sumed the clock watch by which the haulin
was timed was correct. But he does not recollec
a. the name of the ship to which he hauled cotton
} Wednesday, Gath April presumed) lying opposit
e Post Is, nor the ship opposite Post &c. Mr.. Raj
40 has good memory, it cannot be doubted but
- - does not serve him to remember the name Of til
ship at Post 25. Now, the question s-in fact,
IA is q query-what has the one bale of cotton, tl
e four loads to Posts rs and &c. in fine, what has tn
a testimony and good deal more to do with the fyt
day lien law, its constitutionality and privileges
The talk is, that business in general is falling o
rapidly on the leyee and landings. The river
rising in front of the city. The tributaries-Re
Yazoo and Arkansas-are extremely low for I'll
M season of the year. The usual June rise will ha,
very little effect. Some cotton will be closed upc
U- in Red river. We have, however, got through vii
the receipts, and if a larger share had been of
~ higher grade in quality, it would have ai1orde
much more satisfaction to our factors. Quant
has taken precedence Of quality, resulting in bal
on top of bales pouring in upon us all the seaso
RS The European mails by the America to the 5
to were received last evening. The private CORE
ma pondence reads $3.50. good deal is said abo
low qualities of cotton offering in that mrrke
ing There were also some remarks about an operat
TO who had purchased 70,006 bales IN this market I'll
ply season. Who is he, is the inquiry? We know
our flags several parties who have purchased fro
IN. 10000 to 10000 bales. 1t is supposed we sh;
ble know all about it ere long.
Among the improvements to be carried out
to Camp street, in the way Of building, we note th
ise, the buildings No. 81 and 80 Camp street to
ion demolished, and No. IS Grayier street to be CO
:. nected This building will be As feet front
Camp street by 100 feet in depth, to interseet t
building fronting on Graver street. This improN
the ie - -, d., T,Iono n ,,, 10 80 af :
finest buildings for commercial purposes, to
ity, after the most approved moderh style OF stor
arti- and will further add to the grandeur of Cal
ETC. street.
Steamboat A. n. Laeey Burned.
a. -----