Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1863-03-10

the enemy. 1t would be %impradent 10 dwell on
this matter any further.
1 hope that by the time this reaches you I
shall receive through your columns the joyful
Jews that the other Yankee gUnbost has also
besn lakea. I.
RICHMOND FlNANCEs.-Tha Wigs financial
reports, Of tae 25h ult quotes gold at $3.50
to s2.55 silver, 81 80 to 81 IS selling rates
bank notes were effected by the rise in the
precious metals, with an active demand, which
the brokers supplied at As per cent. premium.
Various causes for this advance may be as
signed, but none more plausible than an unusu-
al demand for money which may be used to
advantages in running the blockade" The
number Of persons engaged in this business
has largely increased within the past few weeks.
and, Of course, tAo demand for specie and funds
convertible in Maryland has eorrespondingly
increased. The premium for gold now, taking
s. % as he quotation, is the highest rate yet
attained In November last, it reached $3.50,
but did not long remain at these fguers.
Y a Federal officer who recently reached
Memphis from YieksbuIg, evidently did not en-
tsrtaia much hope of the success of tbs canal
project On being asked when the canal would
be completed, be replied-"CanaI, HI We
have not spades enough to dig the necessary
graves 60 This was rather pleasantly sugges-
tive to a sseesb whs WAS standing near by.
First, that the improvement was q failure and
second, t he invaders were meeting their
deserts without a waste OF powder. May the
supply Of working tools increase, and yet con
tnue iuaieqasts to the demand.
II r. Gibbs, editor of the Columbia South
CarotiniaR is now in Richmond to perfect the
organization of the Associated Press of the
Confederate States, p Of which he was elected
president By me convention of editors, which
recently assembled at Augusta and to carry
into ef5et the plans agreed upon by the cOnven-
ton for promoting tbs efficiency Of the tele
graphic news system. II is to be hoped an
early Improvement win take place.
"a Ne give today the first of a series of
letters from or regulsr correspondent in North
Mississippi Ills position will be with the ad-
vance guard Of our forces in the direction of
Memphis, and as he win enjoy unusual facilities
to obtain the latest information, and has great
experience as a newspaper reporter, our readers
may expect to be in constant receipt of the
latest and most reliable intelligence.
TABLeAUx AID CoNoEBT.-On Friday night
next, the ladies in the vicinity of Terry's de-
pot, on the New Orleans road, viii give a con
cert andan exhibition Of tableaux, for the ben
eft Of the hospital AZ that place. The object Of
the concert is a praisewoTthg one, and it is
hoped that the efforts of these patriotic ladies
viii meet with the success they 50 well merit
a. The Washington Republicans states that a
command has at last been definitely arranged for
Gea Butler, and adds there is no more import
ant field Of operation on the continent than the
one which viii be embraced within the new de-
partment about to be given him. Where the
new thsater upon which Butler IS to re-enact the
beast IS located, is not stated.
"a It viii be seen that Lieatsnant-C Colonel
J & Waddy has been relieved from duty in |
this department, and ordered to report at Rich
mond Wherever he may be assigned to service
this gentleman viii carry with him the best
wishes Of those with whom be has come in con
tact in mississippi where bis past labors are
known and appreciated
= We viii present, in our issue tomorrow,
an abe letter from Dr. Palmer, Of New Orleans.
on ihe subject Of tho responsibilities, moral as
wei g civil, that attsch to the oath of ale
gianee exaetsd by che Federal authorihes in
Louisiaua and elsewhere It was received too
for publication to-day
BIGH WATER Ihs james river has been
rapidly rising foF a day or Two past, and present
appearances iadcate shas the spring fresh of
1868 viii be up 70 the average ofpreyi0us years.
Heavy snow storms IN the country above. and
oFotacted HAMS everywhere in Virginia, have
placed d. rivers and roads 10 q condition by no
means favorabla 10 an early advance Of The
fsakse invaders Richmond Wstg, ID.