The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1862-06-20

Irshman and the arrest Of the Judge The nrst part Of
the order was carrisk out, and the set at
liberty; but before Judge Swayne could be placed
stayed by command OF Colonel Fitch. Had the
ike occurred in New Orleans under Picayuns
Butler 9" jurisdiction, Judge swayne would have bsen
lucky 70 get "a with ten years In Fort Jackson The
Common Cosncl and police force Memphis will not be
harmed BY little pur.dcation and Monday next are
Colonel Slack this morning issued the following with
reference to the currency Of the confederacy:-
GENERAL oReE a-yo. 3.
HEADouARrs1s USlrED STATES FORCES,
MEMPHIS, Tenn, June -, 1862.
Hereafter tho dealing passage known
confederate script or confederate notesn ID posi-
lively prohibited and the use thereof as circulating
medium regarded insult to the government Of the
United states and an Imposition upon tho ignorant ana
deuded.
All persons Offending against the provisions Of this
order will be promptly arrested and severely punished
by the military Authorities. Byorder OF
JAS. r. SLACK Colonel Commanding Post.
NJ r. Evans, Acting Assistant Adjutant General.
Inc elect OF the above will be 70 drive the wortniess
stuff out Of the city much quicker than 1t would ordna
My disappear At the moment our beet appeared above
Memphis than week ago, Confederate money fell
" eighty per cent discount and is now only taken ey
those who wish bolster the waning fortunes oil the
JEFF Davis government, The most OF the money now in
circulation is Of the State OF Tennessee and the
issues Of the various railroads centering As the
latter at all times good for tho payment OF lresht
and passenger tariffs they are more readily taken than
any other kind Of Silver and gold very scarce,
and the only specimens Of hard money that have yet
light Memphis issue from The pockets OF the
attempted small purchase Main street; but the
orbant prices askcd and the indifference Of tho
dealer nearly put stop to negotiations AS soon as
mentioned that the payment IN OF trado would be
made in specie the lstessness Of the merchant gave
way to excited tnsss, and his prices tell more
The Navy Yard at this point has been taken into the
possession Of tho United States by order of Commodore
Davis II will be rccolectsd that it was several years
ago ceded to the city Of Memphis the federal govern
ment and the various buildings have since been leased TO
private parties by the corporate authorities. In view Of
the fact that the machinery and whatever else the yard
conained have Of late been used to aid the rebellion
Com Davis properly seized the whole concern in the
burned at the time Of approach all of them contain
ing war naeriet The yard will probably be used for
re1tng gunboats Whenever disabled in cruising in
this vicinity The Confederate authorities did not uso
tho yard for building purposes but only for repairing and
relting boats and providing supplies for the field
Their yard construction was below the city point
known as Fort Pickering The rebel gunboat Mallory
nov up the Yazoo river, was built and launched
th0re, and second large boat was on the
stocks at the time OF advent The latter craft
nre and consumed, aud nothing remains
q small portion Of her frame large quantity of tim
ber designed for completing her. The boats OF the fleet
so essentially used up the 9th instant wers most Of
them fitted up at New Orleans, but were partially paid
Business In Memphis is falling into its old channels
The d. Perry Of the st Louis and Memphis Steamboat
Line, left last evening with full freight Of sugar,
and boat will start for Cairo to day laden with fine
supply cotton. Drays already crowding the lcvee
and and sugar coming Of thor places
conceslncnt in unlocked for abundance boat Came in
yesterday from ST. Louis laden to the guards with sup
plies for the Memphis market. The lack of money
in the hands Of the Memphians is the only obstacle
to lively trade. Coffee tea, cheese and similar
modities blessings that long ago took their fight
from the markets OF this city, and those who first
bring them for sale will pocket . comfortable profit
Two dollars pound, in hard money, was yesterday
offered for small quantity Of coffee Of boats
tied up to the Arkansas shore. Ten dollars given
for pair of shoes three days by Of ma
yes These prices will become incidents OF the past az
soon trade is fairly opcncd
Tho Post oicc will be oponed and in full blast Mon-
day Tho clerks Of the deunct Confederate Post
Office in this oity yesterday sent delegation
TO the United States Postal Agent asking that
they DO permitted TO hold similar positions under
the regime The agent asked II they friends Of
the federal government and, being answered th.t
they not h. uncsremoniously showed the dclega
ton the way TO the door.
A guni,oat expedition leaves here to-day ror White
river, and will take with 1t supplies for Gen. Curtis
army will ascend that stream fnr Jacksonport,
be absent twelve days The rebcis have gu-
boat and several transports up the White river, and
it Ia the intention Of the expedition capture or
destroy them junction will soon be made With Farra-
CUTS and the river thrown open tho Gulf Gene
raj Lew Wallaces division is within eight miles OF Mem.
phs, and will arrivo Tomorrow. General Wallace has
been making slow march from Corinth and repairing
the railroad on his way. The Memphis and Charleston
Railroad will be operation tar torn in ten or
twelve days, and the Memphis aud Ohio in about tho
same time.