New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1861-03-19
TALK ON ,caANGE.

4
The movements the flags yesterday were
| some what in unison with the weather. couded and
encircled by one thing and another, for which
there was satisfactory accounting. There were
i buyers of cotton, there were parties disposed to
i purchase exchange there were folks who desired
to invest in commercial paper of their own ideas of
strength, there were sellers of bank shares at
their own prices: in fact. there were good many
frequenteTs of the flags disposed to do something
| at their own rates. There were also ship agents
and brokers looking round for good freghts which
were rather difficult to be had, particularly for
some of the vessels owned and commanded by
| Black Republicans. There were cotton brokers
monopozing all the good standing places, say at
this and that corner; then there we're cotton fact
ors, hating for moment to make inquiry about
the news, or what IL the racket? Then there were
bill-brokers without bill in their hats for sale
then there were discount brokers putting away on
some fresh Havana with the same ease they puff
up notes for sale. Towards O'Clock the telegraph
adyices began to be talked of and as they did not
amount To much, large majority of the hahtues
adjourned to JOINTS and the Ruby, and concluded
the movements of the day--it might be called
half a days work.
There was some talk about the failure or suspen.
sion of the banking house of AID. Marcuard & Co.,
Paris, which firm have large business relations
with our city. The report has been in circulation
for some days in private circles, but alusion hay
ing been made 10 it in some of the New York
papers and re-published here, brought out much
talk. 1t appears there was warrant for the
report. "a dispatch from Messrs. Morg IN & Sons
New York, to one of their patrons here, says
& There il no truth in the report, as published in
the New York papers,
The European correspondence by the Niagara
came through in part yesterday. The private let
tiers are decidedly of an unfavorable import, par
tieularly from Manchester. They are making
themselves very uneasy about the action Of the
Southern States. They are borrowing trouble, as
it we're. We beg our trans. Atlantic friends and
customers not to be worried. We are preparing
for a good crop OF the staple through the great
Southwest, and with great reduction in the i'm
poisson all British manufactures, we shall do al
we casa TO keep Lancashire and Mr.. Bail in general
in good Aamor.@ For the Information of the Times,
we have 20 state that the export duty on cotton to
take effect on the LIST of August next, will be one.
eighth OF a eeat per pound, not pence. This does
not seem to please the Times, wllieh says under
date Of the 20th February:
Notwithstanding the report that the Southern
States OF America contemplate the Imposition of
An export dafy equal to an eighth of a penny per
pound on cotton, The iiverpnDl market was dull
aud irregular to-day M id. To hi. per ID. below the
rafes Of Friday: the staPpage of so GuG 900
aaaa which wit take place this week ia the b ack-
harn district, aud this possibility of an extension Of
the strike In other quarters aHping contributed,
with the large arrivals to create feeling df great
depressieHs The Southern States. by their pro-
posed moyenent, are doubtless actuated by the
ioea saat they VIII thus get revenue at the cost Of