Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1861-11-05
On ,Chnnrs-nu.ius.. N,rs.


The attendance on Change yesterday was
very large and a considerable degree of activity
prevailed The following sales were male: H..
bre Eagle Mills -four SII, l5s brs country e,.
ira $40 =, 10 brls superine $40 50, 90 brls and
90 sis country family $40 l2l, 800 sacks coun-
try superfne SO. - brIs suPerine 80 IS, 425
bushels good red wheat 81 g7B, 22s bushels red
81 80, III do fair red 81 -, "a bushels wheat
| 81 40, 200 bushels white corn 975c, go do 95c,
on levee, 100 ordinary white 75c, 40 bushels
prime rye 81 40, sc sacks sweet potatoes 75c
- brls molasses 25c. The sugar landing, and
the delegation in Richmond being matters in
progress, naturally attracted most of the talk,
leaving little OF other matters of salient interest.
The New Orleans Delta states that the river
receipts show a large increase of sugar and mo-
lasses. The arrivals during last week we've 5g77
hhds. and 23S bbls. from all sources, and of mo-
lasses 1882 bbls. Sugar declined during the
week 3c. to lc. per pound. BaIing stuffs have
also advanced again during the week. No cot
ton arrived in New Orleans last week and none
let-the stock was II 1907 bales. The Delta
says:
The news from England of the great advance
in cotton has produced a prOdigiOus hutter and
excitement on Carondelet street, among our cot
/ ton people, especially those who have not heard
for some months from their shipments. They
are in the situation of men who know that they
have drawn prizes in a lottery, but do not know
whether they are prizes Of $4,000 or 100000.
They do not know whether their cotton has been
sold, or when it was sold. If sold since recent
advances, the difference of profit viii be enor-
nous if not sold al last dates, their profit may
be still larger. Doubtless a. the present moment
the staple is selling at twenty-five cents "a pound.
which Is the rate commanded during me war Of
lSl2.
The New Orleans Crescent has the following:
The opinion prevails that the mouths of the
Mississippi are well blocked atthis lime, with a
prospect Of thirty or forty HeSsian vessels aTTiv-
ing off the Passes before the termination Of t-
teen days. The ~out-and-out embargoists, and
non-eNpoTtationists, Will find their views carried
out by the Yankee squadron. There win not be
a bale of cotton exported. In the meantime,
some factors are selling cotton now on planta-
ton, to be delivered when the blockade israised.
A sale OF one hundred bales of middling was
closed day before yesterday ar the rate Of Sc,
and a reduction in lower grades on these terms;
the purchase money paid down, that is, cash.
sales OF TINS character thlnce Inc oildlI many
of our planters viii be forced into, If they can
not realize facilities through our public i@ustitu-
tons.
Via Richmond-rather a round about way TO
receive advices from MObile-we have iuteli-
gence Of a Spanish vessel having run the block
ade, with a valuable cargo. win the non-eZ-
portationists maintain that the owners of this
cargo, or the owners of the vessel, should be
prohibited from buying or taking a cargo of cot
ton for Spain in return for the cargo brought in
Every bale of cotton that can nm the blockade
should BE- allowed to depart. In fact, we don't
believe in selling middling cotton at : 10 De-,
deliverable either during the war or after the
blockade is raised We must not look 10
the governments Of Europe 70 aid rs, nor can
It be expected that the manufacturers and
spinners Of Lancashire and the Yorkshire folks
can fight our battles aud break the blockade.
They are willing to run the blockade If il viii
pay. If they are inhibited from buying cotton
exporting il in return for their merchandise
which we much want-ft is about time to
study political economy, as well as commercial
intercourse. Do not Jet US do anything to COM
promise the scepter Of king cotton.