New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1860-09-28
VOLUME XIII.
alg(u Otleaus 1aiLp Crescent.
FRIDAY MORNING. SEPTEMBER 28, 1860.
TALK ON CHANGE.

days. They look hearty, in fact, well. Among
the arrivals yesterday we noticed the representa-
tive Of Brown Brothers & Co. He looked about as
well as though he had been feasting on gumbo tZe
in our midst during the summer; the other tall re-
representatives. Of distinguished houses will be along
in a few days, all prepared to operate either IN
exchange, cotton, tobacco and the buying Of
paper We welcome all back and hope some of
them are the precursors Of the good time to come.
The Pergias adyices from Liverpool to the 18th
inst. were received yesterday they came on a
tame and sDiritlcss market. The cotton market
was reported firm and steady at the previous ad-
vices say 6Ed. for Middlng Orleans. The sales for
the week ending the 18th reach 10000 bales. II
our memory serves US correctly, these are the
largest sales for q week record. The harvest
advices are considered favorable. Talking OF the
harvest brings up a good many remarks that there
will be immense losses on shipments of breadstuti3
to Europe. We may expect to learn of great diff
Guilty among the New York shippers and would-be
spectators Already do we learn of trouble in the
negotiation Of exchange in New York, based or
drawn against grain and -four. Some would-be
shippers have been obliged to abandon their ship
ments. This only corroborates the New York
jockey system of transacting business. The spe-
culators and jockeys have abused and ruined at
times the regular and legitimate transactions in
cotton, and now another class Of spectators are
doing the best they can in breadstUffs.
The New Workers never take lessons from expe-
rience; they are exctable in everything-com
| mercial, financial and social. They are going
crazy now about Madame Victoria's pet. This is,
| however only incidental talk but it is hoped
some Of the produce operators-the spectators in
| phantom, as it were-wiil remember the years
| 1926, 1897 1871, and not forget the more recent
| panic Of 1851.
The political intelligence is something ofa cloudy
| nature but then leaders in Sicily, Sardinia and
Italy are making great stir in the political world.
| 1t is hoped they will 60 to fighting in real earnest
| at once and settle their differences so that the
| great commercial and financial world will be re-
| lieyed of share of disturbing causes. The gen
eral commercial adyices read too much on the say
say order to command much credence. Lard is
| reported slow of sale wheat was firm al former
nrices it ia not known what they were or how far
back former prices are intended to be alluded to.
Flopr unchanged. and not much to he made bv
| 4bia nuotation Indian corn was firm. and prices
had undergone no change: SO there will be no ad-
| vance in homipy, if our trans Atlantic friends
know the article: : and finally, Messrs. Richardson,
| Snence a. Co. to wind up the long story say that
the market for provisions is quiet without change
in prices. Not much encouragement for shippers
from this side.
The Persia and the Anglo-Saxon's advices
though quoting an extensive business in cotton
have not had any effect on our cotton market
The sales Yesterday reached 1900 bales. These
restricted operations are charged up to difficulties
| in te v,av of nepotiatnu exchange: our yerv rood
customer. Mr.. Bull not having come to tile con
clusion TO send his soveregns here for investment
in hills NOR 10 purchase cotton, neither has ON
ancient alIv. Mfr. Crapeau. forwarded any of his
,vontv-franc niaces NOR his Napoleons hither te
nav for cotton. Some few donbloons NAV come
| from Snain via Havana. 10 purchase n few thou
sand bales of clean cotton for the Spanish manu-.
facturers, The prospects for gold coming from
Europe are very light. There may be some gold
from New York after a while that is, when ex
change GOES down another neg or two. say down
10 discount for sight
It will be remembered that last season there was
a good deal of talk, some little action taken, few
preliminary measures carried out, in regard to the
establishing of line of steamers between this city
and Liverpool so very limited were the snbscrip-
ti0ns on the part of our merchants and citizens
that they amounted to just next to nothing at all
being only 10000 towards the capital required ot
one million dollars. The project, Notwithstanding
the apathy of our community, has not been aban
| doned The English capitalists are far.sightet
people Two steamers of 1900 tons burthen are
now nearly ready for launching by this intended
Company. The first one will probably arrive II
out Polt III elle iiioAiet VI bSSStitDoA' y 49, ny