Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1866-03-01
FINANCIAL.

There is no material change in Monetary
affairs since our last report.
In Exchange there is a fair demand and but
little offering, while tine rates remain I'M
changed. New York checks being bought NJ
or and selling at premium.
There is -til a better feeling in the Gold mar
ket, and the Bankers generally were Offering %
Yesterday. For silver thereis but little demand
and very little offered in the market.
Currency remains close. and withouta change
soon in the Cotton market it viii be very diff
cult for regular customers to obtain accommo-
dation.
Government stocks are quist and easy, al
former quotations.
Uncurrent Funds are very unsettled and the
general tendency Of the market is downward,
with some few exceptions, in the notes OF Ten
nessee and Louisiana Banks, which, as viii be
seen in the table below, have slightly improved
SO unsettled is the condition Of this market
that It is almost impossible to give the correct
quotations.
Other Markets.
The Cincinnati Eaqufrer Of Monday says:
There has been a further decline in currency
balances, and, with an improved demand for
foaus, the market is working rather close, sutd-
cieutly 50 70 cause considerable Inconvenience,
and In some cases the banks have been obhgeo
20 limit their favors 10 regular depositors OF
those fl Wl0EA AiLEf are NllLtf bDAzaAllll.s AIe
inquiry is mainly nom legitimate sources, there
being very little paper Of "a speculative char
tcter Offering. Rates of interest are firm at 10
ner cent. for nrsi-class signatures, ana l29lo foi
good mercantile paper outside parties have.
In some cases. been compelled TO resort to the
street, aud % per cent "a month was paid for
temporary accommodation. The demand for
loans /, not confined 20 any particular branch
81 trade.
one time today was down 10 1850, but suisse
queuJy rallied and closed at O'Clock at 1867.
The market. however, Is weak and rates lrregu-
lar. The dow inward movement IS aitnDuJed 20
The sales which are being made by the Govern
ment. The bankers early in the day were not
inclined 20 bid above 1917, and some purchases
were made AT this rate. though in the afternoon
i56 was the prevailing huNlng figure, and a
shade higher would have been paid for round
sums; the dealers, however, are not disposed 10
follow very closely the New York quotations.
IN consequence OF the rapid changes which are
taxing place. There was a moderate inquiry
from outside parties. In Inc morning purchases
were made al 1884, but lI Is now generally
asked. The quotations for silver have not been
changed. me lew lots coming. forward are
bought at lSaiO for small and large pieces.
rhereis no cali FOR it from outside parties, and
the counter rates are entirely nominal
The demand for exchange wasless active, and
the offerings on the street were more liberal,
some OF the banks being compelled 70 sell on
account Of the scarcity OF currency there has,
however. been no change in rates, which re-
main az 51u75c per sl,O90 premium buying, and
l-l0 premium selling. We quote as follows;
Buying. Selling.
New YorS-50 &c per u prem. ITO prem.
0stou..-- soc per NJ prem. lilo prem.
PhiladelphIa--Jc per N prem lEv prem.
EaltimOre hsuA4 dis. l-lu diS.Gpar,
1857 l85zalG
I280l1 lS2@l34
The 81. Louis Republican Ofthe 9th says:
Business has been quiet to-day. No change
20 note in the none market; A lpaper is taken
at 10 percent. per annum.
God was a shade hrmer; opening In New
York AT 1866 and closing AZ lS7. Bankers paid
3j per cent premium and sold al 81. There was
not much doing in &c.
Union Military bonds are in small suppl
and In active demand Al 1854 buying and y sell
ing for lsl5 dates.
New York Exchange Is steady at par buying,
and I Ito premium selling
Quartermas,eTs Checks bought at Z per cent.
discount for checks under 5000 andl per cent.
for checks over that amount.
SeNen-thIrties declined Is per cent from Sat
urdRy's quotations. There was an active de
mand for them lu this market. Bankers paId
9tc, and sod az pa, interest going TO the seller.
FIYe-tWenles are quiet very few changing
hands ~ buying and IB selling, interest 10
buyer.
SeW York Money and stock Market.
NEW YORK, Feb. 15-Money active and firm,
: per cents sterling quiet, lU5t40lOs5z; Gold
STEADY and nrmer, opening al 1861, advancing
to l3l1s and closing at 1871; Government stocks
without change freights TO Liverpool quiet
and scarcely so nrIu.
stocks very strong Dsf hrst series H1si
third series, SJs: New York state IS bounty
loan s4f; O.& N. Certificates 2JE; n T.. c. a2Ei
Cumberland az; W. r.. telegraph Is; Erie So;
HuHeoD 1Hf- Raadfuw Iutu.- AZ = EGlL. r "a