Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1865-11-07

IFT DAILY AffEAL c
November ! 1870.
Currency continues 81 fall supply. The Offer
ing OF Cotton Bills yesterday were not heavy,
buying rates are per cent discount, but rather
weak at this rate. Eorthern BANK notes are
Is Qaoted At 5 per cent. discount We notice sales
Of $500 IN gold A. SC
uncurrent HsneT-
The supply - ssil unsqnais q the dennnd, g
~qnoiauons bellows
TANsEssEE ASgs
Union bank go Brk Knoxytle
BB OF Memphis -2S Sank Of Paris..-
Blk Mid. Tenn go A@1hera BANK Es
BE wcat Tenn cts Bank
Ruck's ank.-.-A ocoee Bsnk....-a-51
Biz shelbysfue A5eo Merchants Rank ESl0
sk 5 IsaS ~ sa - fS SSse,s BANK s@p1 ia
Life and General Instnancs OompanY4-. -G4o
SOUTH cAFcLngA BANKS
Tnlgp g4nE sogthwe r
Lor1sIAsA BANrS
Blk q Amsrfos prsu 2 - 2. senp 90
iciuSsnF Hank -B Merchants Bank DO
1 Mechanics and state Bank4.ay. -@80
traders Bank -a4 CvescntA fty Blk oh
Southern Blk prem y BANK ON o~-.. CIV
Blk OF Loulsiaoa-go
ABA BAsKs
Bunk o. sfobne -gG Bank Of scIma -sse
| southern Rank -aHSl Central Bank. al
IN Monigomey -9Dl Cont bank Go
Z Norghen Bauh seaD Eastern Bank -lt0
aEoBeA HANKS.
/ Central r. r Rk ASK Bank Of Augusta as
On Hhfqr 10 fsgE Bank Of Athens =0H
/ REM Middle Ca -es0E Blk Of State OfGa-1A
/ Marine Banr -aOE City BIZ Augusta -tE
Blk Of Savannah ga iOther ga Banks WSLo
NORTH CARoLINA BANKS.
blank ofN. C..--aS5 Merchants Bank az,
Ing OF Charlotte --G90 Bank Of raleigh -@.0
4 Bk Of Cane Fear -sD Blk OF Lexington -M5
Farmers Bank -@S Other NC Banksl0si5
v1RaIsIA BANKS.
TX BIZ Of weston-gsO Other Va. Banks 5s25
MIscELLAEBOUs.
Missouri Banks ais New York Banks ga
Kentucky Banks ~ EE-s2n FnSiana B BSs Sg1
CIsCISsAr1. Nov. 3-Banks treat
iation paper with an indifference that causes
some Inconvenience, though nra class borrow
ers have generally been able TO negotiate short
iates. Second class borrowers are compelled TO
feek accommodations on the streets. Tho cur
rent rates Of interest for first class signatures
are 10 per cent, and for good mercantile paper
I2Ql5 per cent. Some call loausVsere made ct
tIal8 per celft. The rntes on +hs street range
iirm II IL to per cent. a mont. Hogs are
heavy at sl29I2 50 gross, and concessionso OF rally
&c would be necessary 10 induce buyers to take
hold freely. IN other respects the market was
without material change, thorsh a spirit Of
heayinsss prevailed throughout
ST. LOUIS. Nov. S-There was n good demand
for money at the various diszoant houses no
Thursday, and the market was Eenernlly close
hut the bankers accommodates tne4r best Gus
TONERS at l6 per cent. per annumi but Ihe rates
among private bankers ranged from l29D per
Tbe sIipply OF Eastern exchange continues
light, with a very active demaud, the market
rules firm nj par buying, and 6-lO premium seize
ing. Round lots were sold by the bankers 20
and nearly all the leading banks had to express
currency TO meet their drafts.
The wheat gamblers continue 10 keep the
market excited, and shippers and other legtti-
mate dealers have been driven entirely out Of
the field for ten DAYS past nc market having
been largely oversold, a coordination Of specu-
Lltors was formed, and thfy purchased all the
aspot wheat offered. and thus forced The mar
ket up, compelling short stllers to settle az the
advanced figures. When the receipts are light, 4
as they have been for a week past, this can
easily be done but when they are heaNy II Is
rLther q dlficult and hazardous undertaking 70
work up "a orner." It Is needless TO state that K
hli but IL Is one 81 the cohcoinllahts OF 1oe-
p~reciated and oyer-HbundGut currency. Mer-
chants have been changed into mere specula-
tOrs and sau1leS ny IL anq u nas disturbed
and damagedthe business OF 1.-THE entire country.
To-day evdai wheat spectators were forced
to suspension by-this corner" but We think
We are safe q assuring our readers that such
failures can lave no serious effect on the gene
mi prosperityDf the city, but rather otherwise
Ruen mGrcEnulSN eIFalt lntileflfes ~ AAt 10 J
ition Of gamblers. they forfeit the sympathy Of
The community. II Is true that these men who
nave failed hRve lost their money, but they are
as blamcablGa as those who have won IL. They 1
are all "a aagai IN an ulegitlmate business,
Thero was an unusual scarcity Of exchange B.
81 Thursday, mud some houses declined draw
Iug * less Than 10 prei Ifum. II Is presumed a
mall premium viii he Charged hereafter until
lie market isrnoro fully supplied.
Cu1cAqo-Th leading markets on the third
we're quiet, with prices tendingdo~ruward The
llly change IN monetary afDirs is an Increased
iemanC for money rom the mercantile COM I
uunity. Tho demand from operators has fallen
II, and there Is Utiittle grain paper Offering.
the current rate ofinterest is firm At 10 per
sent Eastern exchange is still very scarce, but
a. change In rates.