New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1862-01-06

The Confederate war tax Will peassesseo On, say
$4e00L 0eoe value, Of which si25 900 900 are as.
sessed as within the city and parish Of Orleans.
WIN thus be observed that the city will pay s625,
q 900 Of the War tax for which its Taxpayers will
{ not reanire al least the assistance Of the Cotton
N Loan Bill This win leave 81 900 to be PRO
fded or met by the country parishes, including the
parish of jefferson. IT, therefore, is evident as
\ fbe MONDAY sun that the hanksof our city can
grant all the means and assistance requisite pro.
iectthe faith and honor Of the State and the cotton
planting interest, by merely passing the bank bills
nov before the Legisl atnre. Il ~
rs. The bill placing the banks working under the
general banking law, otherwise called the free
hanks, requires an amendment. The bill, as passed
By TIE Senate says that the cash Or demand liab
ties of these banks, that Isl the circulating notes
shall be represented by one. third in specie at all
times and fhe other twe-thrds in bills of exchange
or discounted paper maturing within ninety days
and not renewable. This is inconsistent with the
crisis nos pending, because if relief in the way Of
loans OF discounts are granted to planters through
K factors, ninety days time is entirely too brief
Planters could not reimburse only. on the sale OF
their crops. The bill, which appears to cover what
the free banks desire, can be amended by adding
en- the sale of the crops. Our bank mandators unite
in expressing their belief that with the bill be-
fore the House of Representatives they can expand
three millions and three quarters Of dollars. Of
course they mnst be by the bill relative
tosuits and proceedings for forfeiture Of
charters. III
The general movements in finance and commerce
for the week do not offer anything for special re-
i mari. The great stat les- sugar and molasses
have been seriously Affected BY the Interruption Of
ria the railroads. II transportation
isTetarded or blocked, the stocks will accumulate
4 and myers win control the market. This is CON
fred from the duinsss and inactivity for the past
tlree days, and although the intercourse with the
great West thats was ii closed, the sales for the
week have been largely in excess Of the CORES.
! ponding week last year. We note them for this
Hsek At ab05 hogsheads Of sugar and 10 500 barrels
Of mplasses against 5000 hogsheads and Ii, 600 bar
Tals Of noiasses for the same week last year
Under the large operations in Louisianas great
prodnct, We cannot coincide with the proposer Of
bill before the Legislature for the relief Of the
sugar interest," eoneeding, as do that prices are
NOW ranging very low, so very low that every ind
giduai can partake Of the luxury Of cheap sugar
and Smplaases. s s ii M N AZ If b .ss4SSss
Politically there has not been anything stirring
turned UP this week. a week age, what viii Lin 4
coin do about Messrs. Mason and Slidell, was the
theme Of remark. The question has been settled
BY Al ignominona back down Of the Lincoln or
Hessian Government. The Southern Confederate
GommissiaDsrs,are now en- route for their great and
zaspshsible duties vet other great questions are to
I pc gettsd by the Lincoln ynasty and Great Bri
tain. Ws have not vet reached the beginning Of
The end is* #s, n
IN the general jabbing trade for the week there
has been marked quietness prevailing. The
groeers say they have made q few salesfor the
holiday season. Some few hogsheads of sugar,
few barrels Of molasses and sack or two Of salt,
with occasional demand for little coffee, com
prise the movements IN the great grocery trade.
IA the goods branch the sSles have been light
Some few packages Of the trads,of Ill trades hay
inc King Cotton for its basis have changed hands.
Thevery mild weather has had a marked influence
on the woollen clothing trade, and dealers com
plain of general dizziness. General dullness and
general lethargy are marked attendants Of this
branch of trade. Shoes are so,sos The Confeder.
satex Heather Manufacturing Company will, it isl
hoped make is mark ia the general shoe trade.
IA The local and fancy retail trade the sales haye
f bfen light for holidays. REINFORCEMENT and econ
emy are pafa1Aount, and though the grand bonle.4
yard, Canal Shasday after day been throngea with
aenjzens ot bothscit and country, there have been
sserg few dollar sxpendsd compared with former
seasons. 4ssS sssS .3ga,l i
q The general money market issremarkably quiet n
III fact, money continues to accumulate. The mis-
sion Of lenders and capitalists seems 10 have been
Brought to q close, Planters and factors are not
fkosp
the great agricultural end commercial interests
appear to striving to eertain how little money
they can get along with from month to month
This apparent stermnation looks very anspcions.
Oar Items have paid millions Of dollars in The
@Wagof interest to go out Of the State and enrich
Ths bank return for 10 day looks very weIl,s II:
Nill be perceiged there ia 4 further increase in
specie over the return Of last week. This is BY
The purchase IF goldon the part Of the Southern
Bank, whick hods on 10 its prerogatiye, authorized
by its charter, Of dealing in gold, silver coins and
bullion. The increase in the general circulation
refutesthe banks Of the charge that they will not
pay out their own notes. The banks will work
along well enough il they are notrestrained BIZ thb
application of the bank act.
( The Bank or Louisiana and State Bank continue
y issue small notes. We observe the arrival Of
President Davis, Of the Bank Of Louisiana. Hehas
been taking look at Europe, and fortunately es-
capped the clutches Of Lincolndom. he appears to
be exceedingly glad to find himself back in the
CreaceAs City. We don't think be WIN go to Europe
again shartly. He viii fnd that old Ajax is in
tip.top osser, and during his absence we have
done The bert we could for the DID temple; that IT
has not been caught out Of line, and that he has
returrsd in time to receive the compliments Of the
season Finally the President of the Ajax looks
n as ane health Us we old steadfaats who have not
been % Europe this season.