seem to be quiet above.
It is said Marmaduke
are giving them as much as they can attend to across the river.
Last week, five or six hundred came out within a few miles of Hernando
, and a squadron of one hundred and fifty dashed into the place.
They remained in the vicinity ten or fifteen days, but finally went back to Memphis
It is said that General Morgan L. Smith
is to be placed in command at Memphis
, but this is not generally believed, for Washburne
is a great favorite with Lincoln
, and the command at Memphis
is a very soft, shady place, except when Forrest
gets scarce of horses.
Blockade running is pretty well broken up, and some of the old operators have sold out and gone South.
Goods are higher at Jackson
than they are in Mobile
The fact is, they are too high everywhere.
New issue, although extremely scarce, has not reduced prices at all. On the contrary, everything is higher now than it was twelve months ago, when the country was flooded with Confederate Treasury notes.