Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1862-01-15
On ,Ghanse-Hu.lue.. News.

There was a moderate attendance on Change
yesterday, and the New Orleans intelligence was not Of q
nature to create a very active feeling. The dispatches
reported the demand for -four on Monday as light, and
sales were confined to a few small lots at irregular prices
Wheat was quiet. Corn, under the influence of large re-
oeipts, declined very materially in price. Oats also de
cined. Rye was dun. Bran in fair demand The
sugar market was moderately sctive at unchanged rates.
Molasses were in good demand This intelligence, take
il altogether, shows a blue day in New Orleans on
Monday.
The sales of -four on Saturday, reported in the Bnls.
sa aud other New Orleans papers AZ one thousand bar
rels, had raised the expectation Of dealers here. but Mon.
days market does not give signs Of any present material
Improvement The receipts here have been liberal OF
late, and shipments not very large. The stock in New
Orleans had been accumulating, aud appearances seem
to Indicate that -four purchased here when prices were
high. and held back in New Orleans for an advance, may
vet be thrown on the market The consumption in New
Orleans is three thousand barrels a week, the sales Of
late have only been for home consumption if the -four
held back should come into the market the influence
would be very unfavorable on prices It must be horne
in mind that the frequent occupation Of she railroads for
military purposes has had the effect Of keeping our re.
ceipts below what they would have been, and we may
regard what is thus Kept back a. a reserve stock, ready
to be thrown on the market more or less gradually as the
roads arc placed more OF less at the service Of commsre5
The present holding back, for want Of means Of trans
portation, has the eaees Of supporting prices at the pres
ent time, and must modify any tendency to improvement
for some time 10 come. 1t is very certain thar flour is
not now commanding the price that was anticipated
a month ago. nor viii i do so just yet, if we
may Judge nom the premises laid down above, unless
the contingencies Of the war should stop, Or greatly de
crease future arrivals, or circumstances should chow that
the amount Of -four produced in he Confederacy has
been greatly oyerrated The latter opinion was freely
expressed a month or six weeks ago, but up to this time
events have not justified it,
The sales on Change will DO found in our market
report,
The aggregate receipts yesterday by railroads and
STEAMBOATS, were: barrels apples. % SACKS and barrels
beans 1904 sacks corn, % sacks cotton seed, 10 head cat
tie, % eases d~ry-goods 81 sacks dried fmit, . sacks and
425 barrels aour, 100 boxes glass 992 hides, 2la head Of
hogs, 20 tuns iron and STEEL e8f sacks bran, 100 SACKS
rye. 6i barrels lard, &C barrels lime, l525 barrels lime,
l55 Herees rice, 5f h~ogsheads sugar 9) sacks salt
hog,heads tobacco, 100 SACKS wheat.
AT the Ohio depot today iii. Talnadge, the agent
gives notice that freight viii be received for ell local
stations, cropping Paris
superintendent ". ). Ross gives notice in another
column to have certain freight removed that was left at
the Charleston depot yesterday.
The New Orleans Crescent, OF Monday, says;
In tho Raneral commercial movements for the week we
have to note sales Of G-0J hhds sugar and 1000 brs
molasses though at low prices the returns viii be n
muuerativc, that is q prudent sugar grower VIII ma MS
balance sheet for the season eoequaL The spfs Of these !
articles for the corresponding week iasl year we're 600
binds Of the formgr and 1900 Lris of the latter. II fol
lows then that from Tho sales OF these articles tn ) season
there l. an excess of returns over last year. The sales of
cotton for the week last year were 1850 bales, and the
money market ranging for factors paper at from u 10 Is
and IL lisr cent. per anuum. !
~.a-, 81 rHn UuuEe 20 the bod al .r /
renev to-day show an increase in deposits This increase 1
in The general absauee Of sales % cotton Indicates am
anomaly of q singular character in the general moneyed
r.,aitfon Of our community. Aswe are pretty sang1ine I
hat ii is not, In the parlaRee Of the DAY, broke, we must
assume the ether dlen3me- t3at 8 u immensely strong
Tbe increase IF deposits, though confined TO treasury
no.es nevertheless must be considered he real repre-
s~entatiyes Of money,
The latest arrivals SCI; down the stock or cotton in
LIy rpool at 3l.5OOO bales, about half Of which was
in forming conclusions from the present quiet ssae Of
the New Orleans market 4 s necessary 70 bear in mind
maj u very depressing influence is exercised by the feel
Of alarm with which the mercantile population Of that
,itv regard the possibility Of the Legislature Of Louisiana
,5optinq a bid before it for the, so called rnlia If the
.otton planters, BY AUTHORIZING the issue OF State Treas
,rv notes to the amount Of ten milionB Of dollars to b.
oaned to planters on the pledge Of cotton. The New
orleans Prfce Current in its last money article renarks-
and similar remarks have appeared in every paHer "a shat
.;,y. aIrntl the community are relieved from their
present suspense, it is hardly reasonable to look for any
Increase in The movements in the money market and un-