Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1864-04-29
Financial hnd CSmmercfaI-RsvfeyV Of
the RiehmSnd HEaEket.

the kichmsnd nEaEAeG.
From the Richmond Examiner.l
SATURDAY. April %, 1851 Bonds aad Stocks.
Iusctivity still ehardcteEizes the market, but
since our last semi weekly reEisw there have
been small sales foI new currency Of the follow
ing securities:
| Confederate eight per cant bonds, due 1875.
at s los and interest; Confederate eight per cent
bonds, due 1881, at Sll0 and interest, and Vir-
/ ginia registered skies At Sl55 and interest
These securities sold Just before Ist April, for
| old currency, at $l20, SI24, and $I90 and in
isrsst, respectively.
Gold may be quoted at S2l for one in new
cnErency, and $2l in 6ves; silver ABOUT same
rates, except small denominations which haze
been sold at $50. State treasury notes are held
at > 1874 for 500, new currency,
Il viii be observed from these quotsiion5 that
the ives ara quite disturbing oiement in the
currency, preventing that uniformity Of ex-
ehangeable value which is aminently desirable
Some Of the brokers are charging about 20 per
cent. premium for the new currency, exchanged
for lives, or Is to ~ per cent discount on the
lstter-equal to $50 to $S5 new for every 800
Of hVes. The buyers of fves are those who have
taxes to psy, aud are anpgoVidsd with fonr per
cent. certificates. The fVes are receivable at
Inc treasury in payment Of public dues until
let Jaly. The opinion prevails to some extent
that Congress will repeal or reduce the prospee-
i've tax on the 6yes, but there is considersbls
opposition to any such action. Ia view Of the
expectation referred to, it is desirable that the
sense Of Congress on the question presented
should be taken st an early day, in order that
the suspense and uncertainty IN regard to the
hves which now exists may be removed.
There is nothing doing in Siats bank notes.
MeTehaHdise,-The receipts of provisions con-
Hnue very mesger, and prices are consequently
maintained at the highest 6gsrss. The propo-
sition for meeting Of the commission mer-
chants to adopt schedule OF maximum prices,
etc, mas met with no response so far ss We can
learn. The rule has eysr prevailed here in bus
iness circles that every man must take care of
himself, etc, and il is now more rigidly OBJ.
served than heretofore. We therefore do not
look fer the cooperative action which has been
suggested, or even conference on the subject,
however beneficial the results might Prove to
the interests Of all concerned.
The grocery aud general auction business is /
rsviYing and high prices are maintained. Il is 4
not improbable that, in The present pauciiY Of 1
stocks, "bolBieriBg' may be resoTfed 10 Ia some
instances by spGculst0rs whe sstend these aue-
tiOn sales, with tho view Of keeping up prices. |
Yesterday brown sugsr Was sold al auction, /
in barrels at IS to s. 10, new currency, and i
80 25 TO SO 80 ia Eves. Lard s. 80 in nav
currency, and 80 in fves. Among. other srti-
cles sold, only for 6Tes, HsEs-bTOwa peas at S43 |
70 S44 per busheli country soap At 81 to 81 % ]
per pound Irish potatoes st S45 TO $50 per /
barrel Liverpool salt st dos; brandy At Sl62i J
to $l03 per gallons Jamaica rum at 81 50 !
per gallon.
The liquor market is firm, and prime whisky |
IS now held At higher figures than have hereto 1
fore been demanded.