The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1861-11-23
ON 'CHANGE-BUsINEss NEWS.

W. lO.I
we have matters OF interest connected with H. which we
take the opportunity OF vacant day to publish.
In consequence of the accident General Polk by the
bursting OF the gun some days ago in Columbus General
Pillow is now In command there We loarn from Captain
Iodwck, of the steamboat Kentucky which reached our
landing from Columbus yesterday that whio in Coum
bus he had interview with General Pillow in the
course Of which that officer gave him verbal orders
bring no corn down 10 Memphis. fe said II scarce
in camp that the Cotton Plant had been detained 70 in
search OF some and not bnshc Of be allowed
to bc taken awaynot single bushe. II is difficult TO
understand how IL is that merchants at this distance
from the spot get the article abundance IL they
arc allowed TO do so, while the army commissaries in
the neighborhood where 1t H. grown unable 10 keep
the army supplied which they might do OVERLOOKING
for a accounts concur in representing being OK
tremely plenty up the rivcr The consequence was that
the Kentucky oompccd to leave behind the corn she
had intondod TO bring down.
There is stated to be some heart burning in the sur
rounding country towards Memphis account of the
high we may permit ourselves say, the exQrtonate
prices which salt has reached We beg to call
70 the fact that i was IN New Orleans and not in Mem
phs, that the rapid and extreme rse Of took place.
II is from New Orleans the salt comes TO Memphis, and
rise there could not but effect this market That salt has
risen here in needless degree, from speculative action
and not from the legitimate operation Of the lines Of sppy
and demand is conceded by best merchants some Of
whom are using every means Ito block tho game" OF
egtmate speculation. We learn for instance that the
commission house OF Sclden h Co. have a shipment of
Kanawho salt the way which both consigners and con
scnec have determined to sell without any regard to the
inflated rates that have prevailed.
We werc assvei one week ago, by party who IL en-
gagged in collecting statistics, that there thon from
81 900 to 30 900 sacks OF sal in this city, The books or
the Merchants Exchange show that sales Of have
been made for some days; people will do without the ar
tice until the price becomes reasonable that h they are
willing pay what tho cxigcncies Of the times make
necessary-no more. A temporary absence from pur-
chases will send the speculators house Of cards umbng
about their ears We noticed an arrival OF ninety ave
sacks Of salt tho Mississippi and Tennessee Railroad on
Tuesday and we arc informed that other small shipments
are making tho Memphis and Charleston Rail
road, and that In some instances those who arc
sending Il say they have than is required for
their ncishborheod. his does not speak well for the
sustaining OF present prices. The feeling of the peo-
pie the amount oi salt hand, the determination of
solid merchants TO have share spocu
'aons in article Of such universal necessity the dead
state OF the salt market and the probable results Of an
exploration Of cur mineral resources cannot fail TO
bring salt down in the market