Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1857-11-03
Ml0nttarp an0 finantlaI.
EESPHis naILT EPFFII 0TTIoE. /


Konty mstters rumaiaa as they hlVs been al the week
IA a sfafs q sasnzfisn EKehznEe On New T0rt il
nomintly 81 per cent, but thene is nsth.ns doinz Ia a.
Co.'S snIs al 10 per cent. Ths Aetion Of The free bank
IN taking certain earr,ney 90 deposit, as described II
thrir eard. has siven greater oOuaaenes IN those notsi
and thus facilitated the less Important but more IRE
quenuy r-currins Transactions Of retail business.
TIE C~ineinnstl Enquirer Of Fddxy SAYS.
Currsncy has been decreasing TOR tFo Or three days
past, owing 70 The d1ughts Of The country Banks upn
Their c-pusis here. Tue bankers are ftl easy enough
aud rfporr an exceeiiuEly ltmltea Hnd from i-giiimafs
sources. coanleno continues a. mach crippled As ever.
The IouisyHs Josrasl o. ne sOh ut. says
There is nothing rev % report IN The money market.
Currr-ry has undsreone No chang. Eastern exchsnge
Is s F;csnt. premium out-sf-dolrs. The banks arr cheek
iag cone but cannot supply the demand
IN. Paaueah Herald Of The 2sh uit. says;
Business tn TIL cry Is beglanins q brighten. Honey
Is e-sier, sahs arc brsker, The alarm Is passing assy,
and the a gOod time Il coming"
Psd1cAh Is fortunate.
The Philadelphia Press Of he96h Mt. ssys;
The SALES Of stocks to-fay show no improvement 10 ph-
CO., snc In the money market . sener ] stagnati n sin
prevails The m notary circles where The greatest hustle
and aninau y usually 9rVaas, thereta but hgue beard
euplol ment aot he severity Of winter SPIN the e0ndi-
ton Of our productive classes.
The New Orleans Deiis o. wednesday saTs;
New ORLEANS Is yta specie paving city ard likely to
eullluue 80 IN spite or Au. afNe. - MaTAA-
iy Of . bdy Of citiz-a-t 10 induce orr banks 70 suspend
tscie payments. THIS city and Noble are the only two
Giles N ne Union hat cane under ne ~Icqunensn's Of
the 1onsiituion. ard meet their general uthEaiions IN
sold and silver. Sold aud silver are living IN from a.
most every quarter. The receipts last week we're nine
huudrs d ard d ty-hve thousand dollars and they are ex-
n-ctad 10 BE- As much This week, IS the sum o. et09. coo Is
expe-ied from Panama, snd Tor which Insurance has ben
orsered 70 be effected Ths smo1nt wss intended for
chang, d is destination. II we ID regular mai sieam-
ers running direct b tween this city and AspiuEall. larger
- - avn~aa - q rmnrn &c., rHamn~-a ID .
steady incrras- ofbusiness, would athe result. But the
soulh cannot obtain any q The beuldts u stem NAL ser
vioe. The general position OF th- banks is daily improv-
log We are getting through with our dimculties vey
vel; the arch demon A" Panic" has gune, and , essure
gill depart before long. Exchange h dsEn 10 I'VE per
cent discount for sight on Northrrn eiues. This viii
urge csin from al sections.
The 81 Louis DeaOcTaf q the s1ih ult. says
There = 10 maTtrt a. yet fer money and We hear Of 70
tsausaclars 10 bafiIess worth recording. EFsrythinE
is very cuL The States Savings Iistitution vas selinE
exchange fer currency al N q cent. while the Mercta1ts'
bank was selling a. par for specie
Ths HcGyzns adds lie testimony to the above IS I'll
lows:
We are PLEASED to learn facts that m=T Be taNeu a. in
dicative - the commencement and somewhat advan-ed
groEth q . better feeling In cur midst within the last
day OF tvo; and one hat promises % Increase aud bring
forth b net ial results. hsney that has ten drawn from
he banks. under the nrst ac-ess o. the panic Is begis-
ming 70 nJE once more through IN old channtls, snd thus
aiding IN enabling those Institutions 70 resume the active
dischsrge II their sp-roDritte f~unciio1s For example,
IN one OF LMr UaIstt N ANLuaEn - HA lIaN Alefe
vas over s4u.O00 more received, IN TIC course o. The days
business. IN csin. thsn was ats out.
Ths Is good symptom, aud We hIDe that Il viii Be
speedily followed BY others equal significant as indicating
the return Of that confidence which f. 50 important al
element Ia commercial and financial trausactiors.
The Baltimore SuA Of the 2sth says:
Money rates On the street keep up TO the extreme
poiats u 10 ~ per csnt. a month on good notes-
though our banks are generally diFc1untiDg 70 ~ amount
af heir reseipts. Exchange Cd New YORK fs sII Tds
per cent On Boston 5a6 PER ccnt and on PhuzdelphiA
sa4 per cent. premium.
The New York bsak returns e-mYare as follows with
the preceding wseNs returns:
Uyesk eaalro LOaas Specie. Cfrcusn. DeBoTfs
IS 245 SIS g. si3 80 IS O7 81 $52 sss So
,pt. a.. s5.5s5 SIS 10 AZ 643 655i,7Ts ST $50. s2s