New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1862-03-28
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Y,MP AH.r.rf5ENT COLUMNS
Mn G1rItaus HlunsV Ntarhst.
CRKscE.f 0FrIGs. No. 10 GAtsp shi1 ~.
Thursday Evening. March <h -

CEEscEHf oFrIGE. No. 10 Gsnss = sts9 1sss I
sss Thursday Evening AaTcns xs -. 3. :.
The movements to-day were, W might say, 3oss
nothing 1t all in the general paper ana h ~,
q market. There ~ "a attempt TO sell some khos
Y N stocks. but Il nroysd aboftivcs IN and apoat
+ tha hanks Il wss qsiet, remarkably quiet about
m. 49, nnjsts fisy Of ne season. Possibly We
81 - X anproactfaE tie eliminating point in
.tr.,e respsctt There were some little offerings
d a xxehsnxs, bnt holders were asking the usual
/. IN saeea There were no movements in domestic
fsss m fact, the total annihilation Of all means
III transportation thither srspends al sales or
! transactions In sugar and moIasses. Currency
plays Considerable Of part In the transactions Of
lhe day, ~ limited as they may be. but change Is
called for hourly. IN fact il Is change, change
M Confederate Government ought to take The
placs Of our banks In regard to the furnishisg OF
4 Avo and ten dollar notes. II the parties in the
I Treasury Department 1t Richmond dnd it tee
hborious u work over four or fys hours daily IN
!. aisning notes. they should sbdicate and allow
4 cth6rs who VIII work ten hours per day % AXE
their places. Six months have expire sfnca NJ.
& kemninger commenced to furnish re Conieders
~, particularly this comn1unity winch y tne
I metropolis of the South, with 2 circuianon OF
paper. We learn that ne one hundred millions Of
dollars in Confederate notes; xuthorized 70 be
issued, have nat yet been placed ln circulation
The great pubIic, g. ~ members Of it, here and
there sre npl to blame for the apparent scarcity
All Ill ssaif notes III tie banks have been placed
away ron safss old secretaries and In old stock
l68s. InmediAtely after the banks acceded to the
request Of the authorities that in closing their
vanlts, the Bank Of Louistsns and Louisiana State
Hank commenced the issuance Of notes under the
3enomtnati ton of fves, and have been issuing for
sx months just as fast the notes could be signed
Strange To say that Of these issues, now amounting
from the two hanks to about $408 900, none of
them are ever returned to The banks in the way of
deposits, nor presented for coin showing conel1-
slyely that thess small notes are stored away,
hoardsd possibly under the expectation that they
re expressly redeemable in specie when the
banks should resume coin payments. It may be
Will enough that the minds Of The hoarders should
be relieved from this deluspn. These small notes
sare not expressly yedeemable in coin. They have
been issued sincs the Suspension Of coin payments
Inerely foE "a accommodation ofthe great public
Therefore we again repeat, holders Of these small
noteA need not clasp to their hoeom the fond anti
cipstions that these notas are expressly redeema-
bib ia coli, and they might IS well throw them
into general circulation. True, they look 30 very
nice that i Is rather disagreeable to part with
flem; but what Is the use Of boarding. day after
day? These notes are paid out, sbnt none come
back either to the counters Of the banks issuing.
nofs ~ the other banks, either in the way of depo
d q "a the payment Of dsbts boarding and
holding or appear to be carried out.