New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1861-12-25
Hsu Nrleaas HIousv Hgarket,
GssscEsT OFFICE, No 70 Camp street;

ST Tuesday EysGing, Dec. ii, 1851
Nothing of Importance traaspired in the general
money market. There wers some flaming dis
patches, as usual received before meridian, which
on being dissected, proved to be just nothing at
all. We are tired Of these repetitions. mes
senger from England to the British Embassy has
bsen reported as having arrived somewhere in the
old dsfunct Union but we have not heard, nor was
there any authentic intelligence received up to the
close of business or the course Of the British En-
bassy at Washington. II 10 astounding to US that
we observe old citizens, capitalists, dealers in
stacks and paper securities allowing themselves TO
be exercised daily by the unparalleled nonsense
which Is furnished via the telegraph. Who are to
blame, or who will assume the correctness Of the
many speculative dispatches over the wires, has
not been divnlged Blockade stock or blockade
views advanced day, recovering all that was
lost last week In fact, salt spectators breathed
more freely, but possibly to-morrowthe Bears may
again have the call.
There was very little doing in and about the
banks to-day, though two days payments had to
BIO provided for. In the meantime. the disposition
to increase the paper currency appears to be on
the increase, more especially since the bill for the
relief Of the cotton planters of Louisiana has re-
ceved such very favorable notice from our legis-
Iators. This bill authorizes the issue of 10000 600
Of treasury notes. on the part Of the State, paya-
Bic IL one year after the blockade shah be raised,
n ti,e amoi,yt " cent? per fb, Oh cotton. Our
legislators make no provision to continue the
operation except for the present. The notes are
TO be made payable one year after the blockade
peases, Suppose the war and blockade continues
sfof i've, SIX or len years. If the great cotton In
fsrest the great controller Of commercial and
social events requires $40 060 600 of
paper currency to carry it through the present
yssaa, "ua. y s4. -, Z.
war snouiu asI 50 lon9 anu the plockade cohtlnae!
We cannot entertain the expressions that the great
cotton interest-wiich for several years past has
peen deemed @ having attaaned tne highess meme
ia history is SO seriously affected by the simple
operation Of one years suspension Of sales as to
reaure the incorporation Of our authorities to the
q s1f, M Nh II ~ er ,,,a Tf 4
Il. a. !. oan
be figured out that the coffcn interest IS really SO
greatly involved I'd require the initiation Of paper
n, era5its Thar, ,et NE sln00o nm
vnsy = e ~
sshsu - 3 z : ~ 7
shortly blow. ss {s n NJ
The general stock market was rather quiet to-
aor ypa nota aaaa AZ on asarea EanI If of,isiana
Ga, ps;,.ass - 1oeI
al s'al ~ osss ~ 10y 2,
and 70 shares Gresce Clty Bank ~ w.
93 NoSmovenients in exchange though some draw
era hold al ls0AlS2, the general run Of the market
,. z @ t,aa
Goes nos ..,ns hse .hose neures.
Z Very little delng ~ inand blis. Goid and silver
are dull We have furnished SO much sugar and
molasses that exchange seading In our favor; III
sact n a. s,,r,uised ss and s,no,aassa5 ava
iaus, y = ,,s q1su = Z
moving forward into Kentucky, and may reach
Lincoindom Oh the other side Of the Ohio river
Anabstlact from Cotton palars Of
the State Of Louisiana. sa2g 8s5ss e
SECTION II Re y enacted by tbe senate ana Horse
OF kepresentat.yes 81 me state OF LOUISIANA, IN
General Assembly convened That we Sogernor q
tlie state o. = hereey ana re
printing ana aeliyery g tne Anal!of q Funle AZ
counts ol State ifsas1dy moves, ~ asnoMiaat
Of AZ ou anu wv 10 me amount
~. T. sVo9 y. 4. $3.50. $3.50, M,