Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1858-11-28
Monftarp ann &iaamial.
KsEEaIs pAILr APPEAL OEEIoE

~ u
NV ToBK-Front the Hsrsgf, Eovember q: The
bank aversges made Up to-day compare As follows win
those which were ma up last Aoudsy- Iocreae tntpe-
cre 1iAuo3, SiIG.s4a; in ret deposits s8s7,Oso Asvas
the case last weed, eight Of The banks mentlonet IN The
list sfnti In their gross and not their net cePcsts 70
make the sistement ctar, Tits shoald - rrmedied 10 fu-
tire ne gain q specie is Jess than vas exFecied, mAny
estimates Or the Increase beins e. hish a. s~itoo,ooo
while few we're besw a miuicn II wuul1 apoeaf tnet
the South are stif taking gold IRON Us, and may posi-
bly, continue 70 Do - for some timsto come. fhe redue-
tion n The loans Is a vholes0ms fssture. u oogat 70
have bean besn7 weeksHgo. Now, it b 70 be presumn.
the banks via have the sag city to perseyoie IN thepath
Of rstrehchment and CONNER sense. 10 The roliical
world i = b disturbed-asdt there are many Disgusting
events In The DeHs OF The day-ltis better that The b4Dks
should BE- prepared and Be m apositiOn 70 bear q shok
without injury, than that the storm should overtake
thsm, expanded 70 the fullest extent. and shsuld compel
them 70 ezrtAil suddenly and fatally % many Of tneH Gus
toners.
Honey Is stu freely onersd At 4 . Ct. on call anc ohoioe
short paper Il d1neat AH@5 We bear o. 20 discounts
England opens dun a. last weeks nsures me oasioes.
transactions At the sock exchange to-day vas smsis ard
Apparently osn1ned 70 operators within The ooara-room.
Commission brokers report al utter want Of OUTSIDE or
Gers, and as the season has passed &c which The public
usually take ayers" In stocka, Il may b presumed
that the existing du'ness and spAthy viii last tan after
New Year Al NJ events. me unoertsinty which over
hangs our political relations with nexioo. and ihr5pgh
that nation with Spain, 2 1noe sna srgisnds :. vel cal
duty Of prudence a. the Tretent tmei While, on
the other hsnd, the ooDtinrance 10 the decline IN railway
re-. lIL1 Is alone tumllcll 70 alN-ulA 2 20 fl1ANlNA
which the pubic exhibit for hish priced state
s,ock, even thsush paying s p oent. annually. over ne
most tempting railroad isneies- should any disaster or
political outbresk oocur TO disturb the calm we have nov
teen ~eni1yiug for rather an unusually long p.riod cf
tins, the consequences 70 holders Of and lenders on
Eeculs I've stocks can be - easily imagintd asdesoiDd
The same paper OF the can announces an advance OF :
\ in Teznessee b5zds. 10000 sold a. SAX.
ST. LoUIs-The Demo era, Of November "a, SAYS
The demsnd for money on time bills increases, and is
Likely TO DO 50 for Tbs next two months II re2uits a
T.-raa Ia No. tha 49, 4 NhNHEHnum ~ fnn wear
Bal large sHnounfs Of msney are furnished from other
States for sseh puroses-s5me frou Indiana snd ken
tucky, aud some from further East and South. Currtn-
oy was 80 tcArce to-day thst Missouri paper vas paid out
In It's stead over the counter On checksi and even bank
abe fuRds are quite scare. eighi on New roTk, par 10
y buvirg, Y prem, ssiling; snd the market literally
supplied.
CHICAGO The Press, Of Monday. says sxehsngs is
very abundant. but It Is stfl held At kGi p cent. pre-
MUM, with sales By outsiders a. Low as X sent. pre-
MUM. The scarcity Of currency has restricted pork op-
eratioBs 70 a considerable extent. wherever parties viii
take drafts At current rstes. bakers give mem Ana Ie-
tain their currency Gold, iglh- Street rates nomt-
nal At N "a ? cent. , month. All the banks 81 his
city have vithdrSwn their circulsti0n entirely, except
the Marine, and that had. on tie LIST Of October, . cifcu-
lstion o. s29 500, fer which there wee STOCKS deposited
with the Auditor 70 the amount OF s.. sos. The amount
Is merely nominal. ard the princinal deduction We make
that under exist ng circumstances = bank OF issue cannot
Be made profitable In Chicago, and hence It cannot exist.
Tit country hanks, as we said . few dsys since. must
furnish he currency sni our city banks the exehsnge
O-IsoIEEATI.-The Enquirer Of November "a repo e:
During the latter part a last week the demazd fer
money diminished, bui this week Il has ineresred again,
and yesterday the supply Of currency was hardly sd
quate 70 the public need The Oferipgs Of g0gA psper
have auFmen ed. ana the rates Of Interest are rather
higher. hrst--lass pap-r net being sslsble yesterday, ex-
cept when p-ereuted By customers, peter than II , cent.
The discount houses hnd they have as much as they are
disposed 70 do st present. aud are rj7ciing the pspsr Of
outsiders, though vel fortified ~ credit and character.
astem exchange has been plentier this week. snd the
mani et IL a. present rathrr overEtocked. The buying
price has declined, and no dealer s paying over par for
bank che Is. Some Of the baRkerE are making con-
&C siOns 70 their castome-s. but the general rEtei Is \ pre-
MUM. New ORLEANS sight exchsnEe has been rather
quiet with o-c4sionAl. transaciioRs a. q lover nEure than
was ob'atneilAst week Time bills on the south are not
p cent