New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1861-03-08
TALK ON CHANGE.

The very fine weather yesterday brought out all
that could get out, and it is not too much to saw
that the flags of Carondelet and the grand boule-
ward have not been more crowded this season than
| on yesterday. Cottondom was in an unusual state
| of livelness, compared to the daily movements
since Monday last The sales, or the purchases of
the staple, reached the largest days transactions
of the season. Ofcourse, it is hardly necessarv to
add that prices ruled in favor of sellers Dartjcu-
| larry under the decline OF freights, and the free
| transactions in exchange. The freight market.
however, presented greater firmness than on the
| day before yesterday 16ths was paid Yesterday
for Liverpool. The day for ID. is passed for this
season. 1t IS unnecessary to talk of the decline in
receipts, when boats coming from Minden, Lake
Bisteneau and bayous there connected are BRING
ing only $50 to 300 bales of cotton. It can readily
be surmised that the crop of Northwest Louisiana
was short enough for 1860, and the remark will an
ply to Northeastern Texas
The receipts at Shreveport for the season will
not exceed fifty thousand bales not one-half what
| they were in 1859 and 1860.
| Private correspondence from the other side Of
the Atlantic say there have been sales of Middlne
Orleans cotton in Liverpool at cd previous to the
sailing of the last steamer-the Canadian. Thesa
sales were not reported by the Board of Brokers
in fine. the weekly report of the Board of Brokers
has not come to hand. These sales will not be
quoted therein. Other information leads us to be-
lieve, and coincide in the talk that the rate Of in
terest will not be enhanced for the present by the
old lady in Threadneedle street.
The movements yesterday in the staple did NOT
seem to indicate any regard for the intelligence to
come by the two steamers now due, one at Port.
land and the other at Halifax. The talk is. that the
orders are discretionary, and have been on hand
for some weeks.
There was very little talk yesterday about po]i
tics; the paper read at Washington on Monday Nv
the President of the Northern States was not
thought of. The Northern States are considered as
foreign in all respects, and our Custom house will
be collecting duties on Northern cargoes in n few
days, it being we'll understood that all shipments
prior to the first of March will come in free, The
talk is, that there will not be large importatons
required this season to meet the demand. People
are economizing, and retrenchment is the talk of
the day.
The following remarks, from q New York paper |
of the I'd, give indications of the effects of the
secession of the Southern States:
When it was predicted that the Southern revoIu |
uon, now IN mid career, would have disastrous |
effect on the trade Of the North the Renublican |
Journals ridiculed the idea. We are, NEVERTHELESS
beginning to realize the fact and it, as it appears
from the indicated policy of the incoming Admins
tratl9n no terms are to be entered into with the
seeding States we likely to go on for years
suffering more and more from its influence As an
evidence of the injurious results it has already nro
duced we need only point to the falling off which
mas been occasloned by it in the business of our
large hotels. To such an extent has II affected
them that but few of them are paving their ex
penses In Philadelphia the Girard House one az
ehe nest houses IN the country, was compelled to
close It's doors the other day. and another large
hotel IN the same city is about to follow its exam
pie. In New York, the Albemare Hotel which
two years ago could not be bought for $3.50 600 |
mas inst been sold under the hammer by the Sheriff
lof Si4f,0Uo The large hotels at Saratoga New.
port, and other fashionable watering places will |
no doubt, wind up the summer season 10 the same |
way, TOR 1t is not to be expected that thew will
make tnelr expenses when the city establishments
gre gong TO RUIN. On Fifth Avenue property and
feal estate generally the influence of the existing
state OF things will be equally disastrous He will
pc fortunate house or lot owner who will realize
BY get. of last years valuation on his nronertv
should the new Administration attemnt To carTy
oat Jus projects OF coercion against the South.
Apropos OF the above VIC learn that a large
number OF our citizens have already engaged ac-
,ommodations at our local sea-shore suburbs for
he coming season; that two popular hotels have
laf the rooms taken. The talk is there will be
cry few Southern dollars disbursed in Northern
states this season. that the ten millions of dollars
nnually taken from Louisiana and spent North.
yard and in Europe will not be available this sea.
on that the decrease in the cotton crop will very
ensibly interfere with travelling purposes; that
lany citizens will remain at home from choice
hat all Southerners going Northward this season
Till be subject TO insult and indgnity; that South
rners. particularly in New England, will be looked
n with all kinds of disrespect and contumely;
hat they can buy respect by paying dollars for it,
nd be laughed at the next day for their lberality
LouiSianians are willing to travel under these
ondions-he regarded and looked on as an infe
Tor race-we mistake their character. OF course, l
ne come-to,day and go.to,morrow ctizens-the
Migratory popnlation-whos neer at our habits and
Institutions, will 60 at all EVENTS and the talk is
majority of them will stay away, never return, :
LIS good city of New Orleans would not suffer to
NY great extent.
The movements on the grand levee yesterday
1ere not of the animated character we have be. |