Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1861-11-02
On 'chauEe--Businr.. News.

The bad weather made the attendance small
yesterday. Owing to d-isauangement among
the wires no geographic intelligence came to
hand, and in their absence there was a general
indispositon to 40 business, and the hall rmptied
early. Private dispatches received last evening
say that coarse salt has risen in New Orleans to
s.; it WAS selling here at - on Thursday.
The New Orleans Crescent has the following
On the blockade question: " The talk and com
meuts on the blockade, the permission TO allow
vessels in ballast 70 come TO our levee and load
with cotton, stin continues. The question Of
recognition by European powers may be con
sidered as a secondary consideration Recogn-
ton does not break the blockade. If Great
Britain or France recognizes the Southern Con-
federacy, then. Of course, il must be as an indie
pendent nation. If cur ports are blOckaded 50
As TO prevent egress and ingress, such blockade
must also be recognized What constitutes, OF
what is TO be considered an ehectual blockade,
appears not TO be understood. That the mouths
OF the Mississippi, the port Of New Orleans, is
efectually blockaded, and has been since The
9th of MAY last, there Is not a doubt True, a
man-of-war steamer did iHesse and get to
sea. but has there been an arrival
from any port in the world at our
landing since the first of June last We reckon
moi. We do net, however, consider the en-
trance Of some half dozen small vessels here and
there as breaking the blockade. We are really
setting tired OF ala the talk abeut forcing the
blockade. Some half dozen vessels have been
successful in arriving at some of the southern
Atlantic ports, and that is about all The steam
Bermuda passed into Savannah with q valu-
able cargo. but the cargo WAS all paid for IN
ENGLAND before she left. The money was re
mitted from this side in June last. The long
and short of this breaking business is, that Eng
land and France are not 70 be depended on.
Cation is considered as king, but kings are
s-unasmes dethroned. But that is neither here
nor there. The simple question is, who viii
and how is the blockade of our port to beTsised2 2
Onion sqbe The commercial and political
,scognition on the part Of England, France and
S,siD win no. raise or break it. The great and
.bsorbipg questions Of recognition, blockade
and exports Of produce are imperieetly under
stood bv thousands Of our citizens" Il may be
Sudged from one item of foreign news that the
Liverpool stock OF cotton is rapidly decreasing.
Drring the week ending September p, the sales
.of cotton amounted TO 1900 bales, being the
arrest ever made in one week in that city.
The New Orleans Crescent Of Thursday in its
money article says: One or two dealers II
fnapcisf commodities on Camp street-such as
cold and sI~ver-spPear to be doing q very good
business. There Is 8 very free demand for gold
m Tennessee account, which. Of course u IN
ten5ed to 20 over the line for investment in Ken
tnckv. where Confederate treasury notes are moi
vet duly appreciated, though they viii be ere
LONE. Il was very quiet inaDd about the banks
today. The pressure for small notes Is D" &c
c7.st az It vas We notice that Prfvste firms
ana associations are issuing small notes. Among
those We saw to-day was the issue Of Leeds q
Go the non founders and machinists. These
issnssa are based on soHdiy aud metal assuming
that iron is a sohdity.'