New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1860-05-18
Neh Orleans 1ailp Crescent.
FRIDAY MORNING, MAY is, 1860.

yeh Orleans 9ailg Crsstsnt.
FRIDAY MORNING, MAY is, 1860.
TALK ON CHANGE.
Another quiet day was yesterday on the flags.
The sun is becoming rather powerful for corner
confabs; moreover, the recent arrangement Of the |
arrival and delivery Of the New York mails pre- |
cludes the necessity Of our mercantile community |
fastening on the flags before haif.past 10 A. NJ |
The great pressure, that was to be, in commercial
circles has been postponed for the time perhaps |
indefinitely. The Bears in stocks money and so
on, must postpone their hugging for the present
they cannot create panic or rumpus this heat
those cotton bills Of exchange will not back
they will be taken care Of in some manner the 10
f2ct. damages will not be allowed to make case
of litigation. True, there have been losses on
shipments Of cotton and so there have been almost
every year since cotton has been an article of COM
merce. But these casualties may be considered as
part and parcel of the fortunes Of war
There has been great excitement recently in re-
gard to the recent P. R. in England. The interest
has been great, even extending to our flags as, on
the day the Vanderbilt's arrival was announced,
parties here received dispatches which they sup
posed were of commercial nature, when, on
opening them, instead of giving quotations of cot
| ton, they proved to contain nothing more than re-
marks about the fight. commercial paper in
Liverpool Of date Of 2Ist April, has the following
remarks in its "Talk Change which are in
unison with our private views, as well as with
good many frequenters on our flags. We hope,
however, the affair will not assume a national as
pect. Here is what the Liverpool paper says:
The further talk was, that the whole affair was q
disgrace to the age and an outrage on the national
morals that it was positive barbarism that it is
humiliating to read the account of two human be-
| ings battering each others head and face into
mummies; that with their clenched fists they de-
faced the image of their Maker, and covered every
feature with blood and bruises; that they did this
| in cool temper; that they shook hands before
| they began that they entertained towards each
other personal ill-wil that they did it all for
money that thousands laid wagers on the result of
their battering process; that even worse, the edu-
1 cated-the high, the professional, the clerical
backed or appauded the combatants, shouting
when one wretch prostrated the other; that, still
more reprehensible, the sober marts of trade were
diverted from their rightful use into scenes of ex-
/ citement; that for one two, three days, moth
| ing was talked about on the London and Liver
1 pool Exchanges but the champion fight; that
| brokers neglected sales in order to hear about
4 Sayers and Heenan that anxiety manifested it.
| self to know whether the Englishmans arm was
4 broken or the Americans eyes knocked out; that
i Sayers the favorite; that partialty betrayed
itself in half crowns and that the Stock Exchange
i and the flags poured out their contributions to
the extent of 8200; that all this is mortfying in
| the extreme; that it bespeaks the abidance in
society Of an ancient barbarism and intimates the
difficulty of making people rational or refined; /;
4 that serious consequences may grow out of this
fight; that the Americans already complain Of foul
play; that they are sure to take o6ense at the col
| lection Of money exclusively for the Brtsher;
that the sensibility of the people will be hurt; and
that where there is rivalry every incident helps
4 to render it more antagonistic.
| Tta r.nnn.n9 +,Ily 70, chat z,c;,o IN
| abomination that the rng'' is a disgusting ex-
hihition; that it would have been put down long
since but for the manifestation of that which all
men are agreed to applaud that courage COM
mands applause, not alone in men but in animals !;
that we give timidity our sympathy but that pluck
4 is certain of admiration.
We hope we have received and heard of the last
Of this milling match.
Everything pertaining to business on our great
levee and landings is on the summer standard.
The receipts of cotton are falling off rapidly. The
arrivals from the West not SO numerous as they
might be. Tobacco is coming in freely, but not
with that freedom Of last year, but the supplies
meet the demand. The sales made, the prices and
the quantity, are on the anti.inquistorial order.
Sellers, or the most of them, are mum, and buyers
are shrewd and up to snuff as well as the weed it.
. self, and do not indulge in boasting of the good
bargains they may realize. In the meantime, the
inquiry is made about the price of tobacco and the
prospects for the receipts this season; will they
be as much this season as the last? Who knows
We are not much alarmed about the tobacco mar
ket. If vendors and factors do not choose to de-
tail their sales, we cannot complain. Possibly the
public have no right to require the price Of tobac
CO. We do not question the right and privilege Of
any merchant to keep his sales and business to
himself. In fact, it was the cardinal course and
principle in old fogy times for merchants to keeI
their business to themselves. The old merchant
: banker and shipowner, Stephen Girard, in his let
ters of instructions to his captains and supercar
goes, to his agents, and his verbal orders to Iii
clerks were to keep their business and instructions
to themselves; that they were not, under pain o
dismissal, to talk and tattle about sales freghts
returns, engagements, this, that and the other
5 that they were not to boast of this sale or pur
. chase. In fact, they were employed to mind hi
= business SO there is a great precedent for til,
! course now adopted by our tobacco factors /
they are required by their clients to suppress
!. prices, or if they are under the impression tina
+ privacy and secrecy promotes the interests Q
). grower or factor, why the course adopted, an,
. which is talked of with considerable freedom, cal
only be submitted to in silence. As regards our
selves, we do not care chew of tobacco, or pu
from long nine, whether the price of anothe
hogshead of the weed is or is not quoted. We ca
recommend our market for sales and returns, a
being one Of the best; that prompt pay, 10,
: charges, with gold and silver are on hand at a
g times to cover a crop Of eighty or one hundre
thousand hogsheads.
The freight market is pretty firm under th
large sales of cotton; but under the many vessel
:, expected from Europe, we cannot recommen
Northern shipowners to be sending any more We!
sells here this season. The vessels already know
o to be on the way, will be amply sufficient fc
the produce to go to market. Weleafn that ther
are fifty ships due, and will be due within th
coming thirty days.
F1sTIAsA "A milling match of a frst-cla.
character came off yesterday morning under IL
"Oaks,n in which Mr.. Donnely was severe
= beaten by Mr.. Bell in 142 rounds. We have bee
furnished full report Of the affair, and may pm
lish it in day or two, as SO many people take Q
interest in the doings of the ugly mugs but
IN present we have not room.