The Nashville daily union. [volume] (Nashville, Tenn.) 1862-1866, 1862-06-27
a GIut In the momphIS Market.
Special Correspondence Of The Missouri Democrat
STEAMER CRY or ALTON, !
June 10, lS62(

especial Correspondence OF The Missouri Democrat
STEAMER Cry or ALTON, !
June 10, 1925
This steamer was among the earliest to
reach Memphis from any port, after the
surrender of that famed and beautiful city
Of the South from whose towering bluffs
o spell bound multitude so lately gazed
down upon short and decisive struggle,
and witnessed glorious Union victory,
From St Louis, Louisville and Cincin-
natl, steamboats, have arrived at Memphis
deeply laden with merchandise, suited
to the requirements of the people but
those who brought much Of the mcrchan-
disc are greatly disappointed. The value
of the goods suddenly declined, while
sugar, cotton, turpentine and rosin as sud-
denly appreciated. Bacon was sold for
3, 8 and 10 cts. per pound, while sugar
went up in twenty four hours from TO
10 cents per pound by the hogshead.
One party offered his entire stock Of goods
for the amount of the freight bill num-
bcrs of the passengers on the Golden Era
and other boats are returning with their
unsOld goods some who took down large
supplies in expectation Of selling at once
and by the lot, are now selling in store
houses by retail; others sacrificed their
merchandise by selling below prime cost,
while portion have stored what they
had until better times, or opened premis-
es in order to sell at leisure. Yet there
is a great demand for every description
Of groceries, clothing, etc, and there is
plenty of money in tOwn-"Confedc-
rate"-the employment Of which you
know has been forbidden. Tennessee
paper abounds, and is offered ten times
more frelquenty than gold, silver, or any
good representative of coin.
A gentleman from your city, Mr, Wann,
believe, was in Memphis, intending to
purchase all the rosin and turpentine he
could find there. think he will not
profit much by the speculation, as those
| who have any of these articles are already
provided with Eastern price currents,
and ask as much as il is woth in St'
Louis. J know party who offered coin
for rosin, turpentine and sugar without
| avail. Sugar ranged from six to ten
cents by the hogshead--prices, il is aver
| red by experts, not inferior TO those Of
| st. Louis. / know of a case, however,
| where a mechanic offered for five cents a
pound hogshead which he had kept
hidden for some months. There was q
great deal OF sugar hidden in various
ways. A German had fifteen hOgsheads
lying in trenches which he had dug in
his cellar. Another person dug a hole
in garden, into which he rolled several
hogshcads, covering them with earth and
sods. lie lately uncovered his treasure,
and found that the rain had reached and
destroyed it, Still the boats go down to
Memphis with their hundreds of mcr-
chants large and small, most. of whom
will meet but with disappointment,
Cargo after cargo, in rapid succession,
arrives at Memphis, only to be sacriti-
ced.
Captain +. E. Dill, formerly master Of
the st. Louis steamer Saint Nicholas,
and the Meteor has been here all the time
He is still an invalid, but 80 far recover
ed from the effects Of paralysis as to en-
Joy ride around or,through town, his in
telligcnt youngest son being his driver
and carriage drawn by the same old
| Bucephalus which is SO well known in
st. Louis. His worthy lady and himself
would rather they never had becu citi-
avcoIIort Homestead and sro in tbq
,aidst ~ aoyyors ,,Loso aroma IL norroct.
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