Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1862-03-28
81 .oaaags-ma..as-. -.

lhsf- "zS but a small attendance on Change
fe'7niHy and ou' g singh sais on he books ST nuou-
There wac not a pound Of freight arrived by either
railroad or river.
tAe New Orleans Deta Of Wednesday, reports sugar
dal at prices too Irregular to quote. AIolasses also dull,
sale 500 barrels at 70 TO lac. for fermentng and 2 small
lot OF half barrels ar lac. for fsrnenting
In Hour and grain there isuothing reported. Supplies
on the leyee are very light. The committee Of safety sre
pounds, res az 7lc per pound, peas az Sis per sushsl
LaTd at sc per pound. The committee sell By the pack
see, out tner agents IN still smaller qualities e q fraction
higher prices. sales Of 80 sacks bran at 50 per cwt
t~iecelits OF specie continue 70 increase slowly aad the
market IS once more amply supplied with nearly All de-
scrlptons o the precious metals but the oroAers are
still deferred from resaniBg heir { allie ia ihems owing
TO the existence OF martial law, and % the v~igilanes OF
the committee Of safe y and quotations for both gold and
nominal
The inquiry for foreign exchange has almost On
tIely subsjded since the departure Of the last mai Tor
europe and negotiations have eomPrsea no round
amounts at any time Of either English or French bids
Lne market was for the most part bot very poorly sup
pied with any class, however, and rates Of 0oth seriing
and francs were uniformly well maintained There Was
"a fair demand u3ucesb}e for domestic exchange through
cur, however, and moderate daily movement s~rausphed
IN this description at or about previous quotation SUB
lAned are the latest ruling figures for all classes that are
now upon the market, viz: Clear sterling bills, o24 TO ots
pt1m1A francs o. 70 ~ y
TRAITS on other Confederate States. par a bank and 70
y per cent diseotnt on the street
The New Orleans Crescent Of "Wednesday says;
The banSs which have been lssuisg since last Septsm
Der notes Of the denomination under nvs dollars, just 3
last as they could be signed, 20 meet the demandzG
chanEe nave come 10 the determination 70 stamp 81 AI
issues redesmable in Confederate notes, which, %
course, means the issues Of the treasury Of the Conied
crate government As this questiouof currency has
attracted the attention Of al our fuaRciers, hankera
dealers in money, buyers Of paper to O. grsater or lesser
extent, il is well to consider hew the Confederate issues
the issues Of ourDanks should be placed on a par Or
deemed Of equal yalue. Il viii not require any length
ened debates in the bank parl0r to arrive al this eonclu-
The simple suggestion Is, thar our banks should
stamp all their notes when paid out redeemabls in Con
tsderate notes il the Confederate treasury psys specie,
then the banks Of course, are understood 10 be prepared
p follow the same course.
It has been suggested thst our authorities should take
the question 10 hand, and TO keep up a supply Of change, 7
should request our banks 20 stamp all their Issues Of I'VE 4
ten. aud twenty dollar nutes, r-deelnabls OF payable IN
Confederate notes This course would grant imHs date
relief II Wonld be placing the notes OF the banks on an
equal footing with the Confederate notes, orr on the other
side 1t would be eleyating the Confederate notes, and
placing thems a. they should be, on an equal standing
our bank notes There is lao use in niaeing the
matter, The banks aud their issue and the Confederate
Treasury ISSUES have al ct TO swim IN tn SANS boat
Each one cannot paddle his own canoe. independent or [
Irrespective Of me other. There mus be a community I
o. feeling and interest during this great crisis.
R%EC0RDER's CoURT-The Recorder had only
Three cases on his docket Yesterday.