Richmond Whig. [volume] (Richmond, Va.) 1862-1865, 1865-03-28

jectigs point They win meet tls or nothing TO oppose
thslr msEch.and viii probably fud Mobile in possession
: - w rae DSs 70 M srsu,rD.
The Tribune whpes follows the early ressmp
ton of the draft in New York: s..7f ,...s4
The draft will be resumed next week. unless volunteer
ing goes Setter than IL has done during the past few
days. Returns will be made by the District Provost
day next week. the draft viii be proceeded with In the
wards where least progresss made These facts
thentic On Thursday 100 were lost in>conse
quence Of want OF money. fflfH.tf
DOUBTFUL KEPoRr. 1rrf. =
CARA Friday March % 1884 report was received
in Memphis from Holly Springs that Mobile evacu
ated and the city, with an immense quantity Of i'm
pements was in our possession. Duo -.
Middling cotton was quoted In Memphis at 30c.
.e.- TIE SOUTHWEST. tt fIfi
CAIRO March 26.--Six hundred and ninety bales of
cotto have passed for 81. Louis rir.r ifI.t -le
New Orleans dates to the 18th have been received.
The rebels In large force at Alexandria and were
strengthening Fort De Russy and the river. ~,
Matamoros correspondent OF the 18th says The ex
element from the revolution Is subsdiEg The reported
marc hing Of disaeotsd chiefs ON Matamoros h false
severe "norther drove nearly all the YES sells from
the mouth Of the Rio Grande the 8th aud but few
have yet returned The Prince OF Males an iron
err, was blown out of the watei but abe may be saved
Another steamer from New Orleans was beached five
miles below Bagdad. Fer hull was total loss. Her
machinery may be recovered. Other vessels names not
mentiOned) are known to have gone to pieces
lation Of our newspapers in Texas. err
PROM WASHINGTON
IL The Tribune publishes the following Washington de-
matches The operations Petersburg the strong
rear guard under command OF Gen. Gordon the 25th
must have opened the eyes Of the Yankees somewhat
WAsHINaroN, March 24The failure TO receive Rich.
mOnd papers to-day, either by the press at the
War De panment may be construed TO give color.
ing 10 rumor which has been cutent throug the
day. that Richmond has been evacuated and that only
strong rear guard has been left to keep up pick.
Let line along Grants front. 'i
The rumor goes further, however aud places Lee at
the head OF the liberated Richmond army marching in
all haste unite with Johnston and all upon ser-
1 man No facts are known TO warrant IT, 80. ~
A dOuBle-leaded article In Pornsys iChronicle this
morning on peace aRd the propey Of pardoning even
the rebel leaders 10 order TO attract attention
as connected with the Presidents visit TO the front
- l..s. lrr TIE GOLD PAsIci .
The gold excitement still continues in the United
States The imminence OF daapcial crash is seknovl
edged on all Sides aud desperate efforts are being made
TO guard against the effects Of the rapid decline in the
price of gold Under its News" heading, the Tribune
publishes the following single line in large letters Gold
closed last night at 100 3-S The Trbunes commercial
| article holds the following language
Gold has been much excited and the prinoipal deand
"a 10 cover short contracts The trim o. H. j. LYON 4
TO- the head aud mont af the secesh clique which mas g
long stood the way Of the Government by gambling
Naua st
WhoIe multitude rapidly moving in the same direc
ton without causing any noticeable regret. The open
ina rate was Loo IL followed by 100 68 and l47 Is
lnnsIly closing at 1853 under purchases to cover. -
L Meney has been active ut per cent, and stronl
houses have been free borr0gers at the rate In com
merraI paper no change. IL Is still in dsfavor under
the downward movement in gold and long this con
ltInues no permanent restoration can he expected
Great efforts made by leading holders OF goods
reduce their stocks aud large lines sold 10 obbeis
at hat are termed popular prices" As illustration
Dopular prices snrtings OF 30 cents which have
Sold at 10 cents per yard butter at 40 cents which ba
sold at 6Oc per IL. sugar ~ cents which brought 3c
and 40 on through indefinite list Of articles whct
must 20 into at the present. lower rates
II the indications early peace do disappoint The
general expectation. The whole movement fingers upon
peace and the only question Is whether prices shall gC
down by spasms or steadily fade away. The fall will bt
spasmodic II the army meets any notable check and
steady it, its progress continues OF the character
Il which has marked the movement fiom Nashville 10 at
lanta aud thence up the Atlantic 10 Wilmington
Under the action paper money all prices have been
emorazeJ and this process has been long continued
that the whole community holds its property OF every
tuTe at an unnatural yAlue. those values under the
return of peace moving toward natural prices as
made by the cost OF production in the markets of the
| world on what are known gold values. When th,
commercial tide marks low water all who have contract
ed and got in debt will be cleaned out OF their property
| and be left largely In arrear