Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1862-02-08
ON 'Ohouse-Hu-ine.- New..

ON 'Ch0nEe-8usfne-@ Newa.
There was a fair attendance on ,Cb.y.a ves
terday' but the news from Fort Horny was a more ali
sorbins topic shan business affairs, and or market repor
does nos exhibit SO active q market as woIld o,herwis
have existed The dispatches from New Orleans state,
that -four was firm, with advanced rates tor suporin
and extra aud a good demanl Bran advanced and close,
hrm- Corn was in request but prices declined. Whea
was in demand and OATS remained unchanged. Their
was a fair inquiry for sugar AZ unchanged prices. No
asses quiet, with amp'e supplies
The aggregate receipts by railroads and zoaubeats
yesterday were as follows $50 sacks bran. IS sack!
oeans. 81 bales cotton, p sacks dried fruit, 10 barrels an.
s boxes eggs, I47 beucls and lj7 sacks nour. l6 horses
Y tons iron and steel. 13 barrels lard, 20 barrels lime
so kegs uuils, y sacks oats, Gi tierces rice, = boxe.
tobncco, 96s sacks wheat, 90 barrels whisky.
The Charleston railroad viii receive freight to-day 70,
al points on the Mississippi Central, aad Mobile and
Ohio railroads, and for al local stations on their own rail
roai except Decatur, Stevenson and Chattanooga The
freight house opens at twelve o clock and closes at hal.
past dix O'clock
The New Orleans Delta Of Thursday reports that there
was but Little inquiry Tor cotton on Wednesday, and no
sales heard Of
In sugar the demand R n mostly for fully fair to choice.
Inc io~eE qualities are neglected. The GALES embraces
about iu0J hhd+ Inferior IL to llR; common d good
eonhmen IA TO 2A; fair 10 fully fair ~ to3 pine TO
choice 81 to al. clarified yellow ~ 10 81, seconds .
10 J4; clarinet white 5G 20 Size. The supply Of mo-
lasses y moderate, but the market is dull. About 1000
Ous. sold at IA 10 Is for fermentns. aud Is % II and
E1c for prime to choice. Also 80 halt Lrls. lermendnz
at IIc- IN Hour 50 bTis. s~uperfne sold az 500. 500 bags
s.iperhne, in lots at the same 400 Lris. extra, in lots as
tluJui ana 4O al ell per brL In corn 80 bags white.
IN poor order, sold at Is, md 500 sacks prime white, In
lets AZ SOC per busheL. 2Ol sacks bran sold al eLsJ per
cwt Wheat POO sacks red SOL az sL.T5. The latest
d.rnA from IEnHeu mud Ef-arano1 am.. IN 4E. f-Hh mF#
Cotton had declined In the Liverpool market y % AID.
closing well. Sales OF the week 10000 bales Sales Of
lhiee days isVg0 balea-prices uaser AMI the decline
n4altA al 3 70 pa mostly on the mlddImg aud lower
qualities. Spectators and exporters took 1900 bsles
The advices ho-n Manchester are uniavorable ihe mar
kt is duh with a dowoward tendency The Tendon
cotton brokers crcnlag report sales Of tht week a. 90o0J
bales Prices declined l. TO Nd per ID. the greatest de-
cline being on lower qualities Spectators took 1880
led Ht 500 bales. intending 300 20 SPECTATORS and ex-
portsrs The market closing dull and unchanged. Fair
Orleans li1Sdi middling 10. I3ladi Mobile Gir I3&di
mldtlg DO. Essd Uplaads tair l3asL; iuiddliaE do
l2hd Stock in port estimated ut 100 bales mclud-
ing &5099 balek American.
The Chicago Journal Of January .. has tie following
commercial news;
Exchange On New York was selling at X TO p pre-
MUM Currency isnot so close az It has been, the fact
L. 2 large amount OF unreliable eastern currency b ROW
being put in circulation thrnu }l0ut the west, thu present
scarcity OF paper money rendering IT, almost necessary
" take everything which is not counterfeit OF a hagrant
Treasury notes form q large portion Of the currency.
Gold iE trner at p 05psr cent premium. We publish
an abstract Of the bin ~fenorted 1Eaurress ~ the eeR.
mttse o. ways sud means Tor the creation Of a leEal
tendon, in United States notes OF circulation. OF $780,
O10,O5O. including the J0.O00Uo0 already in circulation
undor the act OF July Il. The bill also authorizes the
creation OF a tIndcd6 per cent stock, equal ~ hve hum
bred millions, for the service Of the remaining five months
" the current fiscal year, ending June 30. 1860, and for
the ensuing year ending Jane 81, 1868 Mess pork CON
unues hT1n, with an active demand for city packed al
si23. Lard is steady, with sales OF Kettle rendered az
5tc. and steamed at 6sc There was an active inquiry
for bacon hogs at the ysrdA this morning, but heavy hogs
were dull sud lower. Sales0f light ranged from 522uG
s229t, and heavy from 52591235. The Receipts oi
dressed hogs continue liberal, and we again note q De
cline Of ga Zoe. per I0J Ibs. Sales ranged from 81 100
26l-puneipalIy At ~S~5tGS2b0 t0r lots dividing on
a0 ib1 The wheat market ruled finn and prices ud-
yanced / 10 ic-elosing steady with a good speculative
inquiry at oSt 10 betc. for No. 2 aud 53i 10 1871. for No.
1 spFug.- Flour t0lerdbly aetivc choice spring extra
elT5, good extra 500, supertine S2pito S1d4. all de-
hverod Corn firm at 224c. Oats ITO l9e. Rye "a 70
5dc, Mess pork e11J Roll butter TO lHe per 10, hrkin
q 10 &c Eggs, fresh, 10 70 tic. per dozen, Dressed
chickens SlS 10 sil7 per dozen. Turkeys -5lU "a
5000 per dozen. IaloN 2 20 e. per ID. Potatoes good
70 prime, 48tpJ4c pei busheL
We yesterday translated some remaks from the AJaal,
lie "a NoHoals Orleaas upon the subject of our present
embargo system, which the French editor declares to b.
jumping into awel to get out OF the rain We now
translate tho remarks Of the samo article upon Le sub
jeet Of cotton, rendering the original freely and Hteraly'
There is nothing but the fear Of capturing Now Creau.
that can Justify the Governor 10 f-urbidtIng cotton 10 be
received IN Tins city, which is che center from whence one
the market, and Gov. MOgre has no right to impose on
the Confederate States a commercial policy which Con
yTess has refused to adopt We insist upon this because
we are eongiroed that the prolongaion OF the embargo
Is injnring eur foreign policy, r~6tHsding the raising of the
blockade, and with IL hereccgntiOn Of orr Independence
~ foreign powers. There u an enormous wight that q
few hundred bales Of cotton might fall into the power Of
tho enemy, and the IMPORTING Of such q capture To the
North is %singularly exaggerated. The price there now is
i worry high and q fall of a Egp Fanta usrnruUI an ue-nuuf
5f seizures Of vessels carrying eargoes from New Orleans,
or from other causes, would be Insignificant while che
encouragement given TO commerce by a esnmpton Of
exportation would entail immense advantages. Would
we be willing to cease attempts TO import powder and
arms becanse the Calhoun and other vessels engaged in
bringing II 70 us have been seized by the blockadlug
sible ways Of reasoning The risk to beSrun by cotton
leaving a blockated port is the business OF tho foreign
speculater who sends ns snip in search OF cotton, and OF
French and English buyers TO whom the cargo belongs
The more attempts are made the fewer iiskA are run, but
The attempt will not be made unless buyers ean find IN
our city an assortment from whence they csn buy what
suits thoir WantH- Our conclusion IS that If serious faaIs
for the safety OF New Orleans no longer exist, the Gov
e1nor should remove his embargo aud authorize tho ad
mission of a portion Of he cotton harvested When that
is donc LET the fact be pub ishedin Liverpool, Havre, ETC.
with a statement OF the stock here, and the price current
81 NOSE proYNlons 8ad nEluinctured articles which arc
most needed then send 70 Nassau pilots Tor ships iesr
ing TO pass up the river. Lett be known that they eau
be obtained there, and We nlay rely on interest aud spec
! uiati4l % 10 the rest From ono TO two hundred per
cent prohi ou The out gong cage, and a. mach on Che
| cotton brought back, would be attraction sufficient t.
Tempt the violations OF blockade. No more voluntary
bIockade, no more Chneae wallis 10 more suicidal com
mercial policy.
We spoke yesterday Of the Injurious Consequences ID
Memphis If the expenses On mercantile articles PASSING
through sur city the following from the Nashville Ga.ai1
beadcd YankeeisF in Memphis is a proof Of the cor
r~cetness Of our remarks
The drayraen II Memphis, inst now, arr charming fvt
dollars for hauling . ~hogshead n Sugar frgR The eom