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(Circular.) : New Orleans, 9th March, 1861 : we close an eventful week : the new administration of the federal government has been inaugurated, and the tone of it is construed as hostile to the peace of the separated states : 'tis to be deplored that the differences that have wrought the institution of another confederation, if they could not be adjusted to reconstruct the Union, should cause a resort to actual hostilities, for the redress of injuries, and which cannot fail, if a blow be stricken, to widen the breach already beyond human ingenuity to close : the commerce of the whole country is affected by this unfortunate condition of affairs, and, East or West, North or South, business must be irregular and credit doubtful, until the differences are finally adjusted : we have a moderate enquiry for flour, and a good demand for corn, with large supplies of the latter : provisions have been coming in more freely, and, as the week closes, prices are rather in favor of buyers, and quotations show some concessions on the closing figures of last week ...

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