New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1861-02-07
TALK ON CHANGE.

The weather is propious for the great trade
now going forward in our city. The transferring of
cotton from the PRESSES and warehouses to vessels
is going on with great rapidly. The receipts of
the staple continue free, being for the past four
days $4,000 bales against a. 500 bales same time
last year. The bohts from out of Red river, which
arrived yesterday, brought very light loads, partc-
ularly those from Shreveport and Jefferson, Texas.
Whether the cotton is or is not there u to come
to market, is an open question among the habitues
of the flags. The good feeling evinced towards
the staple at the close of business on Tuesday con.
tnued yesterday, and the sales footed up large,
though the exchange market had a downward
tendency with hardening in freights that is, 3D..
was asked in British vessels, and very little room
in American ships at T. Though there was some
little talk about the clearance of American ves-
sells, that no discrimination ought to be made be-
tween American and foreign vessels, is not based
on anything more than opinion. The mouths of
the Mississippi have not yet been declared in q
state Of blockade We have not heard of any cap
tain owner or co commander of vessel expressing
any apprehensions that his vessel will be made a
prize of by any United States man.of-war, nor
have we heard any expressions of fear on arrival
in England or FIance by being detained or made
a prize of under a clearance from the Common
wealth of Louisiana. II vessel goes on legiti-
mate voyage, the commander must provide himself
with such clearaJce and papers as the authorities
of the port from which he sails furnished him.
War has not yetIbeen declared against Louisiana.
As the rates Of freight appear to be settling
down to some degree ofregularity, cotton is going
on shipboard with unusual activity. The future of
cotton is talked Of. The stock in Liverpool at the
last dates was 1900 bales in excess of the same
period last year. Notwithstanding the rate of in
terest was mainthined by the Bank of England at
f9ct cotton continued to hold its own, with sales
of Middiing Orleans at 75d and some reported
higher Another advance is, however, required to
cover our currency here III cts, freight 3D. eX-
change 104, requires I'D. in Liverpool. This is a
closer approximation between the two markets
New Orleans and Liverpool-than we have had for
some weeks past. The shipments made in Sep
TENDER and October are yielding fine returns. In
the meantime, there begins to be more talk about
the extent of the crop. We have not heard from
our quondam friend, Col. Wright, for some weeks.
We must look after his weekly epistles now going
to Europe. We hope he will not get wrong" this
season.
There has BEEN some inquiry about the suits
ander the five dhy lien law--how they have been
decided. Some of the cotton sent forward to
Liverpool has paid very well. It is now ten months
since this great boulversment occurred, and no
Iecsion of the merits of the law has yet appeared.
The Jackson Railroad is again in running order.
There were no mails received yesterday, and as
confidence in TIP telegraphc dispatches has ceas-
ID, the receipt Of papers is desirable by the pub
ic. We received yesterday Charleston paper of
he 18th January, New York papers of the 4th and
tn January. The public do not care much about |
Id mail bags, particularly when they are compell
d to pay half cent for every paper.
Vessels are leaving every day or two for Pensa.
oa, and letter bags for letters will be found on
BOARD. Most of these traders are TO be found in
he upper BASH. Possibly the next Postoffice |
abolished will he that of New Orleans. Quief
abe?
The new regulation adopted by Postmaster Rid
lell, in regard to the number of recipients there
hall be for each lessee Of box is much COM
nented on; bdng an innovation on 8 system of
Yearly fifty years standing it is not at all palata
,le. Into what treasury or department does the |
urplus rent received go?