New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1862-06-30
State Of Trade-The Journals-successf"i
Dash of Union Cavalry-Rcbel sit"a'

From Our Special Correspondent.
MEMPHIS Tenn. Mondsy noon. June %, 1852
Memphis undergoes very little change from DAY 10
day-as the financial editors say of such shares as
even Wall street cannot force to huctuae-and the
city presents the came outward appearance to-day
that it did q, the beginning Of last week.
THE BUSINESS OF MEMPHIS.
The wharf dogs not look nearly so active as it did
a few days ago; much of the merchandise that had
been placed on the leyee having been removed TO
warehouses, and the shipments either having fallen
off on account of the unavorable prospects for trad
ing discovered 70 exist through the high rates asked
by holders and the unsettled state OF the currency.
Boats continue 10 arrive here daily from Cinein-
natl. Louisville and st. Louis, and usually have large
cargoes, though of late they have departed rather
Ggbt. Cotton and sugar are still cOm.g In from the
surrounding country in fair quantities, but the prices
asked offer little margin to Spectators.
PRESENT STATUS OF TIE CITY PRESS.
The Mmpkis 1rgus is now very loyal under the
administration of Bohemia, and must say the tone
and syn,ax of this journal are as much improved ~
its principles. -, .. =.
epdeavors TO fire the Southern heart, or, more
properly. to stutify the Southern BRAIN but from
The nature Of recent events in that vicinity, rye
Appeai has probably been removed to Jackson, the
capital of Mississippi. Where il will 60 from that
city If uncertain. Like the diluvian dove, IL VIII
soou have no place of earth 10 rest lts wandering
loot upon. and will have assumed so many names
that their accumulated weight will crush it into non
existence. ,
The A.alancte has for the past week evinced
very decided Secession sympathies and rancor-per-
bsps TO contradict the generally entertained opinion
that II is RAPIDLY drifting into the strong and rs I'd
current of Unionsm. This paper is just now
placed in an awkward condition. and doubtless finds
il difficult to steer between Scylla and Charybcis.
Unless it speedily change it's tone, AIN inclined 10
believe 1t will be suppressed or placed under the
editorial control of another dus.of the Bohemisns.
TIE AvALANCnE'S POLITICAL PECULIARiTlEs.
Its effort il, presume, to transport the aqueous
element on tie dexter and sinister shoulder, very
common but rather arduous practice, which not In
frequently results in the loss of the element IN once
ton and the deprivation 10 the enterprislng party OF
his avocalion III The zodiacal duties oii AquArlus.
OF ore thing THE AUdi1ache complains bitterly
he oppression of the citizens rs II IL pleased 10 term
il by the military authorities; insisting that civilians
should not he interfered with in any way; that
soldiers are the only persons who should be subject
N the present res rctious. This would unquestiOn-
ably be q very convenient arrangement Tor Tie dls-
loval citizens VINO could thus vent and execute Their
treason adj Jitum and II s this class The AraiaHct
seems particularly anxious to support, defend and
assist.
SUCCESSFUL DASH OF UNION CAVALRY.
q,
The National cavalry made dash upon the Rebel
cavalry superneuding the transportation OF South
ern stores between Coldwater depot on the Missis-
rippi and Tennessee railway and Grenada, Tart
Friday and after short skirmish captured lorty or
fifty OF the Secessonlss and 70 0OD pounds OF bacon.
THE REBEL SITUATION.
There il little doubt now OF the fact, which ex.
dressed in he face Of universa. denial, that Gen.
Beauregard went some time since to Richmond, Va,
with a good and the most effective, portion OF the
~ Al 1l..s L.
TERED his command to Bragg, and it Is shrewdly
suspected that he has been ordered TO the Virginia
capital to explain HE evacuation of Corinih, which
certainly lost him the entire Souh-Wes.
! The Rebels have no need Of Keeping sn army o.
any particular strength in Mississippi or Alabama al
present As soon Nicksburg f,s-an eyeu
daily expected here-,Iackson will be- lost, and DO
bile must soon succumb If it has not already sue
cumbed.
The war in the Southwest is about ended, from
all appearances and there seems 40 reason 10 keel
a large force in this department any longer Buell.
II ia reported, is now hls way to Richmond by th,
Memphis and { arlest0n Railway, and IL is thought
other divisions .. Iiallecks army will soon follow
The enemy have no place lett to defend but Rich
nond and no motive or reason 70 make a stand any.
where else. II they are defeated there in general
engagement, or compelled 10 evacuatc, their cause
Will be lost beyond redemption. Tho most ultra
Secessonists in Memphis acknowledge this, bui
declare they will be successful IL Richmond and
utterly overwhelm Mcclellan; thar they have
nearly twice as many men lie has in aud around
the capital and that the CONSCIOUSNESS OF the eX-
ce-siye importance OF the will lend 70 the Con-
fedelates the invin0bil'ly Of Inspiration and tie
strength Of despair. ..
Sensation Rnmors in Nemyhis- Wheren-
bout Of the National FIotiIia- Tho Pros
pect Of the Capture Of Vick-hurg-Ar
rest OF Sterling Prices OrGerIy
CnndOr and CareIessrsss -pccu,iar Scr.
vice. at an African Churc,I-Personui
Proof OF imaIgHn,aiiOu-Con Condition of
the survivors OF thC UoaHd (ity-G
Grant in Memphis.
From Oul Special Correspondent
MExPnIs. Monday eteY.ng Jgue q. lifl
To ret1me AT the point where q sgdden in,efrIT-
ton caused ne 10 bring ny lat letter to close,
Memphis il full Of star,li,g rumore in regard TO the
condition of afrars before Ri tmond.
TIE STARTLING RUMoRS IN MEMPHIS
Mcclellan y dc iealcd aDd aunhiaied 10 least six
times d day, and come blatant Secessionsis 20 about
town Offering to wager that Gen. Lee has won one
Of the creates, victories Of modern time.. They con
tinue their ofeis until some one proposes to accept
their bets, when they quietly decline 10 Hsk their
money. The Rebeie resemble the clase mentioned IN
Hudbras:
"rvo often h'ard Cd cunning oager.
Say fools Tor Arguments gse Wager
The excessive activity ot hs Disunioaists il set