Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1862-01-29

On 'Change-Tsusincss News.
There was q numerous attendance on Change
yesterday, and a fair amount Of business was done. The
dispatches from New Orleans stated that the previous
day, being the anniversary Of the secession Of Louisiana
had been generally observed as a holiday, and but little
business was done. Quotations OF oil articles remained
without charge. THE sales On Change viii be found in
our market report.
The aggregate receipts by railroads and steamboat
Yesterday were as follows: "a sacks beans, 5iO barrel.
beef, I25 sacks corn, 100 sacks bran, GO bushels coal, l0le
barrels flour tuua iron and steel, 4 kegs and 30 barrels
lard, 70 bundles leather. l6i sacks oais, 81 sacks wheat :
barrels whisky.
On the Charleston railroad freight viii be received at
two o'clock this afternoon for local stations on the road,
except Chattanooga and 9th r places mentioned Ia ihe
notice published among our new advertisements.
We published yesterday the order Of Gen. Polk pro
hibitlng the shipment of sugar and molasses, by river, 10
any place above this city. The reason Of he order Is
understood to be this Various boats, it il stated, have
Of late landed quantities Of those arHeles-marked for
Nashville, and professed to be taken for that city, to go
by way Of Hickman, on the ralroad-at the mouths Of
creeks and other places on the Missouri side, from whence
they were conveyed into the Interior Of Missouri, and got
into the hands Of the enemy. That such a traffic should
be prohibited ami put a stop to, all win agree. but the
hldlilcl ol hblAB t Aiupteu ny dtNs E0lh unfortunately
prevents supplies of that nature from reaching friends ~
Ia river az well as enemies. A couple Of discreet and
trusty agents on each upriver boat, with power to forbid
the landing Of sugar, molassas, and cotton-for cotton
also, we learn, has been disposed d in the same way-ex
ceptat such places as a military order might designate
would enable our friends to obtain supplies Of these ari
cles, and battle any atienpt at smugg ing, more perfectly
than can y done by the plan now set in operation Toi
rvH4f l. ffara an fha o~gaf 20 r-.-.ws ~I. r.1--+ f.-l---
Of these articles; unless some person duly authorized /,
placed on each boat to see that the order is carried out
ON the plan we propose, each individual boat could b,
h ID liable for any transgr- ssion Of the order. The Oh
jeetion 70 Tie entire prohibition Of shipments above Mem
calculated 70 decrease the consumption Of Tie proabife5
articles over a certain district Of country, which is an in
jury to the sugar grower, who is already suffering from
the low prices caused by a contracted market. We thinl
this subject is worthy Of consideration.
The New Orleans Crescent of Monday says the veto O
he cotton planters relief bill by the Governor. the pas
sage Of the bank bin, l~egalzing suspension, sud, abov,
all. the adjournment OF a Legislature that hal shown +.
self 50 wiling to adopt measures calculated 70 have a mis-
chievOus effect upon the currency has prodrced a NOR
general good feeling, aud harmony in money circles +
looked for, barring the causes that may arise from th
political position of the country. The same papor gavs
We have to chronicle some improvement IN a Unite;
way in general trade during the week. The receipts ant
transfers Of $500 bales Of cotton, the delivering and ex
porting uaa called INTO FcQusiion some money which ma
and is now circulating in circles where til 5 highly accept
able, with prospects Of some further sums. though smaI
in amount, being called forth the coming week. Tn,
movements in sugar and mOiasses have been 70 a goot
extent and much larger than for the corresponding weel
last vear.when the Yankee markets North and West wer
open 20 Us. The transactions this week reach 5000 hogs
heads Of sugar and 1900 barrels Of molasses, against so
h~ogsheads Of sugar and l20Q0 barrels molasses for tn
same week last year. Unfortunately fr the trade Of on
city the communication direct with Mobile has beel
closed by Hessian surveillance, which most seriously in
~tereres with the great sugar trade. Money continues t
accumulate. The line Of deposits with the banks is nov
S5,000OJO above what il was last year az this time, ans
only about 10000 bales Of cotton have been really sol
and paid for during the season. Taa demand for gdi
has slightly improved, and we now have TO quote it at .
10 IS per cent. premium, with moderate sales and a heavl
supply, but silver continues fat at IS 10 % per cent pre-
MUM, with abundant offerings and only nominal nego
t%iations.n
Cotton is being received into New Orleans to some ex
tent, and vessels occasionally pass the blockade lalei
with that staple. There are Indication Of q complete
change Of the policy that has governed Che South sine
the commencement of the war The 4bcfNs de- n NOa
UcHe ORLEANS expresses views on this subject IN an artiel
written with much acuteness. from which we translate
the following The editor commences by explaining
that no law OF Congress interfsres with the expectation
Of cotton that is done by an order of the Governor o
Louisiana, issued for the purpose Of preventing th'
accumulation Of cotton in the city Of New Orleans
which would fall into the hands Of the enemy, If theJ
took the city and Of compelling foreign vessels, tina
LIsy run the blockad', 70 bring I'm a cargo TO be ex
changed for cotton. There are no fears that New Or an
VIII fail into the enemys hands Of uMs the editor Of tbs
d5aAe is positive. This being The case, there's DO reasoI
to prohibit cotton being brought, in any quantity, int.
the city; aud 10 permit il 70 come would furnish the re
lief tho cotton planters require.
I'VE know says the Abcile, that there IS in New
Orleans a large number Of foreign buyers, who feelinI
certain that the blockade wiz soon be raised, have tn
viii and the means 70 buy cotton There are even thos
whe, not finding on the spot the Kind Of cotton that suit
them, have gone into the country to purchase direetl,
from the planters Ut he cotton was IN TIE pEezes p
would be made with more facility and on a larger scale
| Persons who have unemployed capital would also buy Of
| auapwIQgfom in the hone of e r5aa. ON the uunnfnw of fiji
blockade, that would pay them q high profit Also plan
ters who are unwilling % sell their cotton, could readi.
borry~ money on it when il was visible on the spo
where the loan was made. Some millions Of dollar
thus obtained by eaie ald loan, would afford the planter
the relief so much wanted The presence Of q large stoe
Of cotton in New Orleans would be accompanied BY othe
4 advantages. Vessels would be &c q from the diferen
European ports with directions either 90 run the blOcSad
or to wait at Havana until tho moment when it shall b
raised. Orders would also be sent, AID the neeessaI.
capital with them, for the purchase Of cotton. We bC
Ieve the suppression of the home embargo would be Q
benefit to all branches of cur commerce, and also to ID
planters, for a few millions OF French ana English goi
thrown into the market would contribute powerfully Q
re-establish credit and confidence. There is another COZ
s~iderdtion- There is an absolute necessity that th
planters situated on those streams that are navigaoi
during only a few months Of the yeat, should be pei
mitted TO avail themselves Of the time when the water
high, which is from March to June, to forward their crop
to the market If ;he blockade was raised now the plaT
tiers on Red river, the Ouaehita, etc, would be c0mpele
10 wait until a rise would allow them to forward the
products.
II the embargo were removed, and planters were a
lowed to send their cotton freely to this city, would ( b
necessary 10 forbid the expectation Of cotton on foreig
vesselsi In our opinion to do 50 would be q gray
error. It is objected that the egemy might seize some
the vessels freighted with cotton. We reply that the sell
ures, insignificant as they would be, would give the 70
oign prOprietOrs Of the freighis and vessels seized GROUND
70 make reelamaiions, and the more numerous thos
rcclamations were, the more chance there would be
their being supported by foreign governments. As ia
violations OF the blockade became more frequent the
would furnish ground for breaking the blockade, and W
doubt not that it would be broken, and that very so0i
In this way, without oursel es running any risk by %
occasional losses that would occur, we should reap til
advantage. With q result so important Ter us IN view
what would signify a few thousand bales Of cotton whle
the enemy might capturef The more we consider tn
question, the more we Ure convinced that the right pole
for the southern ports, and particularly for New Orlear
Ito adopt, is to remove all shacSles on foreign commerce
and 10 favor, by every means in our power, the eXiel
sion Of those relations which we are now restraint
We should be ready, ia case the blockade s"Ould (
raised. TO avail ourselves Of the change without loss
time; or Rt ia not, we must use every means to furnis
the foreigner with efficient arguments against its co.
tinaaiee.
FEMuNINIcAL-Tbe fair sex figured largely
the Recorders court yesterday. -Four Of them wei
charged with throwing rotten eggs and briekbats at Il
residence of a sister in sin. One of the four was fine
twenfy-six dollars, and the hackmen who drove them