New Orleans daily crescent., 1861-03-16
TALK ON CHANGE,

1
Though the flags Of Carondelet street were well
thropged yesterday, the general transactions were
remarkably light. The reduced receipts in cotton
were freely talked of, The position Of affairs as
regards cotton, is considered by some as extraor-
dinary that is, some parties think that the staple
in the positive reduction of receipts of atsleast
three quarters Of million of bales from last year.
prices should be ruling at less than 3D. for Mid
dlings on the Liverpool flags. The private letters
by the North Briton read about as satisfactory for
the most grizzly Bear as they could well be de-
sired. The Times, of the 10Th of February, says
that there would be $4,000 or $4,000 looms stopped
in the Blackburn district that week The Times
does not approve Of the export duty on cotton.
OF course, it was not expected TO please the
Thunderer The Times is in error about the rate
OF duty on cotton 1t is one-eighth of a cent per
ID, not one-eighth of a penny. As regards the
expected stimulus 10 tile cultivation of the staple
in India, IL is about time for English spinnors
lords and gentlemen, to abandon the attempt to
scare the Southern Gonfederacy by any increase in
the growth Of cotton in India. We have heard the
same subject every year for the last quarter of a
century. The spinners and manufacturers of Man
chester are in a perturbeS condition, although no
direct alluson is made to the great house that was
in trouble, with over six millions Of dollars out
standing liabilities.
The Manchester Times. Of the 10th, talks in the
following strain;
Our market presents the extraordinary feature
Of considerable further fall ia the value Of East
efn cloths, eoHteniporaneoRsly with an immense
suspension nf their production. This seeming
ioualy springs partly from the difficulty of oh.
tanning discounts, as well as their great dearness
and partly from the unfavorable reports of hnsi-
ness 90 Bnmhay and Calcutta which were received
py telegram yesterday. Merchants are 1iscourap-
ed, aho, indeed, hand-bouHd; aud so with a dinli-
sation OF several hundred thousands OF pieces per
sSsek petare them, they appear to shrink from the
remaining supply as exaessge II we take 40 inch
kfliffangs AZ an example of the additional fall in
press y may be stated al 3D. per piece since last
AH9lFs7 when the rate Df Interest was nd 6oanced
70 . sssf.#4Iaey may be had Is per piece pnder
the t,ftees 0t q few weeks back Printing e5oths
les in short all articles ara anita NJ
glected and may be bought on 10 sger terms tl,an
they cqHid have been q few days back rheSdatas 4
business has been most tneonsiderable
The stoppage Of 10000 to 6o6a0 looms has
thros w surplus Of twist and weftupon the market
which has KNOCK down prices 3d.to Id perl in
one week, and even Id in some kinds. In such
spinntngs as arc affected by this st8ppage the en-
tire fall from the bate highest quotations Is nov 3D.
per lb in some. 25d. id others, aud even little
more. The 'shoKk time, resorteri to by the York
shire makers Of mixed fabrics, cnhFibnies TO the
drop in SOS TO SOS cops. The weeks decline in
throstle warps h very yacDnsderahle-Ad. per ID in
some descriptions. All other sorts, mule and