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Alcho Orleans Money Market. CRESCENT OFFICE No. 70 Camp street, 1861. Monday Evening, Oct. There was nothing whatever transpired in the market o-day. The note and bill-brokers are-resting money on laureis earned, and capitalists ar on mohors won. Some large cargoes of produce the rived this morning, that's they were large for times. The sales of these cargoes, with the large rums disbursed on account of Government, small keep ap a good supply of currency The calls for deor small notes, appear to be on the The defect at this time is cline. shange, great which in were the sup exply of small notes (fives and tens) Conpeeted to have been furnished through the federate treasury. The banks suspended coin payments at the recommendation of the Government at Richmond, endorsed by our Executive. Confederate notes are to be the currency-durin the the war. Our banks are aiding and sustaining Government by receiving and-paying out its issues. If a party has anything to sell or dispose of, and refuses to receive Confederate notes, he or they may be regarded at once as sympathizers with our enemies, and should be proceeded against accordingly The bank statement, published this morning, shows a decline in specie of. nearly $54,000, which has occasioned considerable surprise. An explana tion being asked for, results show that $22,000 decrease is accounted for by an oversight at the Mechanics' and Traders' Bank in rendering the statement according to the old mode, calling the balances due banks as so much coin, instead of currency. The decrease at the Southern Bank, say $26,000, is owing to some depositors and collections for Tennessee : so, with the sums paid out, the decrease is readily accounted for. Since the 16th of September, the date of suspension, the banks have increased their circulation as follows First week. $223,630 Second week 142,087 Third week 73,643 Fourth week 30,476 $469,736 The city authorities have issued change to the amount 35,000 $501,736 At this rate we should have about six millions of added to our currency in a year. This to be ample for all purposes, paper ought money change fives and tens to which we may add the issues of of the Confederated treasury, which, we learn, will be coming for ward as fast as possible. In the meantime, gold and silver are becoming as uncurrent. in Most every person having ten or twenty dollars gold or silver, goes directly to the money dealers, and exclaims, " how much will you give for this just the same as if it was a cord of wood or a hogshead of sugar. There was nothing done in exchange to-day. Sterling is held at @@122 up to 125. Nothing doing in domestic or inland bills. We republish the act of the Confederated Congress in regard to debts due by Northerners to alien enemies, that is, the act of the 20th of May last, with our prefatory remarks at the time The Congress of the Confederated States passed South act prohibiting debtors residing in the from an paying debts to enemies. This is in conformity to rules and laws of war, which have been with all belligerents from time immemorial, established during the war Britain and Great Britain fully coeval Great between and France the old the and during the first fifteen years present The present residents of New United therefore, States century. prohibits attitude Orleans of all events, of owing debts to alien enemies, which means money becoming due in the Black Republican to States, due or from paying the same. Nor is it allowed it debts to collectors who are now roving, as pay through the South. We have before rewere, marked that parties receiving notes or accounts at from the alien States are bound to return them We again repeat to all collecting agents, that they once. are liable to prosecution for attempting of to collect a debt for account of residents outside the Southern Confederacy. It is presumed they are aware there are eleven Sovereign States comprising the Southern Confederacy. The following is the law now in force in the Confederate States AN ACT to authorize certain debtors to pay the amounts due by into the Treasury of the Confederated States SEC. them 1. The Congress of the Confederate States of America do enact, that all persons in any manindebted to individuals or corporations in the ner Unted States of America (except the States of Delaware, Maryland, Kentucky and Missouri, and the District of Columbia) be and are hereby prohibited from paying the same to their respective creditors, or their agents or assignees, pending the existing war waged by that Government against the Confederate States, or any of the slaveholding States before named. SEC. 2. Any person indebted as aforesaid shall and is hereby authorized to pay the amount of be. his indebtedness into the Treasury of the Confederate States, in specie or treasury notes, and shall receive from the Treasurer a certificate countersigned by the Register, showing the amount paid, and n what account, and the rate of interest which the same was bearing. SEC. 3. Such certificate shall bear like interest with the original contract, and shall be redeemable at of the war and the or its equivalent, on original in specie the close certificate. restoration presentation of peace, of the SEC. 4. All laws and parts of laws militating pealed. against this act, be and the same are hereby reHOWELL COBB, President of the Congress. Approved May 21, 1861. JEFFERSON DAVIS. Rebiebu of the Markets.
