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From New Orleans.

--New Orleans papers of the 29th ult. are entirely without news of military movements. The city news, too, is barren of interest. The Picayune has "Notes on Trade," from which we learn that business was extremely inert. "The arrivals of steamboats from the West," it says, "are few and far between, excepting those on account of Government." The supplies of food were, therefore, extremely restricted. What boats came laden on private account are of the smallest class. There has not yet been an arrival from the Ohio. The sugar crop, it says, ‘"will be of the most diminutive character."’ Cotton was coming only in driblets. The whole receipts of the month were 13,590 bales and 4,976 sacks. In short, the "possession of the Mississippi" is a barren possession, not by any means beginning to gratify those high hopes which were build on it.

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