, 1864-05-07
FROM NEsY ORLEANS.
Cotton Misunderstanding Discovery OF
Frauds

CAIRO, May 6.-The steamer Carol. from New
Orleans :9h, has arrived. Her news Ia uniupor-
The cotton market II frna With good inquiry;
limited supply; closes firm. Middlsng u iD5 G.
Sugar a5d iaossses TIT demand sRecina
two months has subsided, owtng principally to the
hIcb prices reached.
Dlscoveties have been made in this cisg:whlch
confirm the statement OF negotiations between Ger.
tam parties at the North aud tho rebel General
Kirby Smith, Whereby the hitter Was to secure to
the former the Confederate cotton west Of the Mis-
seaippf river, and receive In return goods, on1mu-
4 prominent business man In this city WAS nr.
gently collected by parties O. wealth and int1en;e Sa e
act as tkeir agent. lie declined, hut the project
has etnco been successfully carried out to some ex-
ta tsa i ,5 G1,S5 Boe1 e pp9s n T. sss
State Treasurer, arr named Us prominent agents In
accomplishing it; the Treasury Department. hav-
ing furnished permits to pass II to the rebel army,
portions, however, beng stopped at New Orleans
by Gen. BAnke. notwithstanding permits and tile
u1de1h Of the Treasury Department.
new ORLEAHs, April aG@Adv'ces from Mexan"
but would probable move towards the Nlsaiaslppi
River.
Ad1z,ral Porter was up the river, some sirty
on fand Tar. Her guns hare been taken of and
the plating was being removed, for the purpose OF
tightening her OF. II this could not be done she
support, and wns teng harfaafed by The enemy.
Major General Hunter had arrived at Alexandria.
The Pioneer. q light draughs steamboat, lett here
today for Red River. It 10 hoped she would sue
ceed In crossing the falls with supplies;
NEW ORLEANS, May sa.-The official statement
Of the entire losses n The cavalry division during
the recent three days hght, Is os It had bcca CO.
timated previously at i'0-
The 18th corrs had $40 muskets 1eas that 1t had
men, afteT the fight 1t Sabine Cross Ra,ds..
Tue 'ehel consc:iptlon swept e7efEbody into the
army capable Of bearing arnls. unless they could
get detaied for other service. The entire Washita
conntry ssas secured for conBcEipts.
The strength Of the rebels In the trana-Missts-
eippt reEtuU, is estimated by the COmmlssary Dc
p1rlmc1t ut Shreveport. to be 70 600, besides Ma
erudets t1cop., numbering 1900. which hive
Port Hudson and Fraukltn are in some danger.
It is apprehended by so1nr. of aeeauFts IRON the
rebels; but there Ia no real cause for alarm AS both
these pofnts-the one on the Mississippi and the
other on Bayou Teche-are cafe from any conccn-
tra1lon OF troops which the enemy will be likely to
make.
There are considerable quantities Of cotton Sc
creted up the Wnshita, though nll which was ex-
posed to the view Of the rebel guerillas has been
burned. Above the Columbia there arc fine open
cotton lunts, which do not overflow, out between
Hnrlfsonturg mud Columbia there ts ater1'e
pine wood region, not worth fighting for or pos
sessIng.
Alexandria awaiting shipment. Within radius ol
twenty miles it Is cstiated there ts from to
1O0uC1 bales OF cotton, much OF which ts owned by
loyal men, who have eecretcd 1t. One loyal Planter
has eecrctcd 4t0 baes, which be will not dispose o
now, 1t is eaid because cotton Is not permitted TO
New Orleans, Col. Eo1abird, whose orders are to
cell the cotton and drpos1t the proceeds In the
United States Treasury, IN adjustment with the
owlers OF the cotton to be made at q future time