New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1861-03-29
TALK ON ,cHAvcsr

Twas ratherqu otherwise at the openiu
of business on the flags yesterday. There was
good deal Of bantering and jobbing going q
among operators in bank shares. The action n
the Convention seems to have given an impetus Il
several stocks which have been Offering for som
II time past at prices below their real va]ue. Their
4 was talk that good many of the movements ar.
something like the boys at school, swapping kpiye,
every hour. There has been so little excitement
Tor the past three months in stocks that the
movement Is like godsend for parties who have
i been dormant. Towards meridian it was annourc
4 ed there We're later advces from Europe. tbev
were brought by the City of Baltimore. arrived al
l New 1orlf. Being regarded as favorable the nc n
efai cotton market was strengthened There were
no quotations received, and it does not make much
1 gdi1erence about them There is great conflict
I between the quotations Of cotton, as given weekly
| IN the circulars of Messrs. Hewitt & Co. StoIter
font, son u Co.. the Board Of Brokers and others.
Ihese several circulars have been quoting bIiddpg
Orleans Cotton at 60, 65 and "a. for some weeks
| past.
On the flags Of Carondclet street there are asser-
tons made daily Of sales of Middng Orleans at Z.
VI 10 13d, and other grades in the same ratio say
Ordinary at Cd. which cost here I cts. There is a
great discrepancy between the classification here
ana - Liverpool and it is difficult for an outsider TO
ADJUST the differences. We hear of many parties
taking OF the profits, and how much thew have
pagged; bat We seldom learn of the losses-that is
o different subject
Inc Bears, who have taken all the tit-bits >,
throuBh the season, are rapidly passing through
the chfysalls state The spring time of wear is far
advanced, and it is natural to shed coats and
change Of sickness, rampant roaring, takes places
consequently, there appear on the flags daily a
vast number offresh Bulls, right from the pasture
having been out for grass for few months mast
some Of them do not now believe there is wagon
load Of cotton ut half the interior shipping depos
Some parties are endeayoring to figure out that
tlefe nave been 10000 bales, others so 600, and
even 6O,o00 bales shipped on planters account
direct These figures are based on superstition az
the daily reports Of sales since the first Of septem
Der last sum up 1,654 800 bales, and the shipments
or exports foot up 1,59a,Oo0 bales, with "a 600
baiesof stock at the commencement of the season.
and some thousands Of bales probably in presses
or now being shipped, which have been detained
for decline in freights. If, from the exports
1900 bales are deducted, as cotton shipped on
planters account, how much of the stock now on
board Of ship and in presses {said to BIO 225 600
- ~ - tdlh IL 10 DC Creu1ted, Il
We value Of cotton now unsold will not command
e oo9, 300 The impression is there will be Flemish
balances for the returns of the seasons business.
1heFe was some activity at the sugar depot yes
ssraay. The stock Of saochaFine Is diminishing
sas aad the gimlet rangers say that prices are
- aiming, and that the sales now being
MADE from day 70 day are at prices highly satsfac.
,oly Iaough the rangers have not yet got their
Jouyin gloves on. they will be prepared 10 show
them The close Of the season. Irrespective Of the
WV q sae ate Federal Union, which goes into
eject on Monday next. The stock of sugar il de.
,lining daily.
The receipts Of Western produce still continue on
large scale. The stocks are not, accunulating
The reduction in freghts to foreign countries goes
ar to sustain our market
we learn from parties, arrived from New York
lesterdag that business Il remarkably dull and
tagnant inltLat metropolis; that the great seces.
ION movement eonfoands a majority Of the mer-
hants; that although the banks in that city have