New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1862-04-21
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DEPA.Iss1a n q n s SIS ~ NM 4
sp Otltaas lpneu saatett.
sslsss, II e osFR 'lssis
,a ,a,,sac tons, sori merciai and financial dur
M the wsek have beer the intiniteslmal raer.
About 1850 hogsheads of suga and o5oe barrels o.
,noiasses have changed hands. These sales, with
some limited movements in breadstIfis, constitute
NE naoyetnentsaof the week. There we're q few
hank shares ss,a and some few bonds changed
hands. Tie Rsafs id the market have the call but
botf Bears siid Balls are few and far between.
4 Wa ars now ii the most critical period Of the
contest for Southern Independence, and its inhu-
enoe ia perceivabe every where the highways,
by.ways hooks and corners. The most important
S financial movement of the week was the redeeming
4 the Bank Of Louisiana Of its circulation in full.
The State Bank redeemed to the extent of one half
i having much larger circulation the Union Bank
redeemed when presented. When this specie
question, or the redemption Of circulation was
hroaehed three weeks since in convention on the
part of our bank Presidents, and no result having
been attained, We sugg ested for each bank TO act
according TO its own desires, retire all circulation
d Whenever presented. Some twosor three Of the
Presidents were apprehensive of causing panic,
and we're wanting in courage to lead of in relieys
ing their institutions of the responsibility Of hold
Il ing large amounts of coin. OF course, The war
Y hawks and eg1ortioners, the arasJY worms and
hoard AHA have been about. Our limited trade
and commerce cannot now receive any SHOCKS mat
viii seriously injure it, or hare any depreclatlng
effects On the currency unless our city should be
conquered py Iae snsny y lsssless 70 advance
opinions ~ III what would be tile course of8eVents
8 in this latter contingency.
~ ths general jobb:ng and wholesale trade the
4 transactions have been on very dinlinutiye scale
Come ten groceries, package OF two Of Lowells
have found for plantation uses. but literally
there means of transp rtation to the interior
i'll bulky articles where railroads form the chief
Il mode of transportation. For Red and ouachisa
rivers there are inquiries for sugar and molasses,
hieh are going forward, and that is the extent Of
novaments il onr great staple, saceharine. In the
local and retail trade there have been only the
ljghfest kind XII sales. IN fact, the shopping ex-
cnisions are thing but large advantageous to
goods palaces on The grand boulevard, and
~ the movements here, there and every where,
II I. WEAK closes under the greateat stagnation.
The movements ID breadstnffs were checked id
It'll aarIy part Of the week By the action Of the
y Provost arshals III prohibiting tile shipments Of
81 corn wheat etc, from the city. This order
been rescfnded So far as to permit tie ship
nsnsa Of small supplies sufficient for family
aud planta ion nses. The Provost AIarshals and
i Commit d Safety are sanguine that they have
obtained sufficient supplies of beeyes -four, corn
! and wkeat to meet the home Of city consumption
for severalweeks to come. We hope 80.
rs regards me bread question, we are satisned
81 that consumers would now be paying $40 per bar
rels and for thing il similar ratio, If il had
net been for action Of the Proves. Marshals.,
rom ginfa We should have received On abnnd-
ance Of Hour had there been way Of Transports
Il and from rleston and Savannah full sup
& plies Of rice Several Of the railways have been
Ken No. TOR Govsrnnent uses. From the report
President Of the Jackson Railroad II appears
the connecting roads haYesnot kept faith that
I they have made delusive promises. These con.
Meeting roads have heretofore been complained Of.
ana A sls1 ad want Of faith IL con
/ armed they may be regarded as having actually
out the charge breach Of faith and trast
& Promising that there is an abundance Of food in
tue country the question ii, how to get the sur
population. IT appears that
roads 30 on the principal Of extor
Ssaaoners and rnonopolists. They are some Of the
\ Hasha hawks who are endeaVoring to swallow up the
yltais Of The onfederacy 80 long they can
make By the operation. We are NOT aware that it
q necessary To BE lavish in our dennncia-
q tons 1T these warhawks and .extoationers they
in course of being found ont. whether they are
sesds Of other Interpretations, Oh simply pri
indiyi dualas frequently reject on the DO.
sition Of The WsrhaWks how much have they adj
vAnced to meetth demands Of our army; our infi
yidnal Hers. replies to the interroga
what are yous doing for the cause ? That will do
q ~ rather remaining silent, is about
threadhare. & II is no time fpr milk and water
Y aqaea mishes. Weare aware that much more. II
fact, triple qnintupl could have been effected by
our at least they are am bilious Of
i being esignated as men of money or capitalists
Il and would consider il d reproach it the thought
& was really tertainsd that they could not check
for honsand and tens Of thousands forthwith. On
Inns point there may be vast difference Of views
outside of the bank parlor.
s sge have very little to say for our weekly sum.
nlssy ~ tle money and paper market Capital ii 4
abundant Possibly i may be III financial parlance
termed money. Mort gage securities are in request
md were III want at from I@3 Net, Der
\ Annum secondsclass at from SOS aset. per annum
and third wtich would not command an Offer
1eM months ago, are in request at from gaI0 ss i
XII Per annum while the tonsorial gentlemen do /
notap appear on the market at all. There is no new
cpmmercla ~ factors paper being issued except.
sfne no and then. The banks are willingly re-
4sMing aIl maturing paper when q slight Or little
~ ttment with the toll are paid in ADVANCE But
notN anding the Willingness to renew, there
bas been decrease In the line 81 discounts and u
losns for ne week closing to-day
s Theirs has been q dninution il the specie Of the
banks for two weeks Of 50 as 900. We can only
VIZ 10 them your ORC uaton as speedily as
possible. s 3SB
would be ar inntile task to quote an exchanged
market AZ for quoting sterling at l75, it is
merely saying that some drawers or sellers ask
teat but WHISTLER there are simpletons to pay it,
do vet learn, or 5000 so % dollar for francs.
tor dcmessi exehange, there il no such thing.
AZ sagar and molasses could be moved to Georgia,
olinaa and Virginia, there might lie, and no
sdonbtw onld be large transactions. Il,