From a 1998 essay produced by the Cincinnati Civil War Roundtable:
"The first issue of Confederate currency was printed in New York City before the outbreak of the war. There were many Confederate sympathizers in New York City at the beginning of the conflict and indeed all through the war many New Yorkers leaned toward the South. Most of the engravers and printers were in New York and so it was natural for these firms to make the currency at that time. Later the South secured engravers and printers and made its own bank notes."