Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1866-02-11

The Cincinnati Commercial, OF THURSDAY, says:
Geld changed hut little in New York, after
the fluctuations OF the day, from the position II
held last evening. The rates here consequently
remain about rs last glyen-the only change
being that sales are made by some at &c. less
The demand is light and mainly confined TO
persons who are buying goods in bond in New
York, ana who take Gold checks. The move.
ment in Gold and Foreign Exchange in New
York IS now decidedly eccentriC-Jne former
appearing to be very scarce, and about , per
cent. above the par OF the latter,
Exchange was found 70 be in good request to-
day and rates "A little more firmly maintained
AT par buying JUc- per thousand selling.
The demand TOR Money was fair to-day, at
some Of the Bankers, better than for several
days past. II is thought, however, that the
market WORKS easter, and c~OudrmatOry Of this
Is the increased disposition on the part of out
-iders TO invest in Government Securities. It is
oOnlectured, too, that the reduction OF the rate
OF interest allowed by the Government on the
deposits in the Sub-Treasury is causing a di-
version from that quarter to investments in
securities, ana that 70 this TACT is attributable
the Increased demand for Seven-thirty Notes
ana Ien-lOrty bonds particularly This can
scarcely be determined ny the accounts OF the
Sub-Treasury until a longer time for comparing
the average OF the business under the new ana
old rates is had, but IL is reasonable TO infer that
the facts would be as conJectured.
The calls for Seveu-thirte are in excess Of the
receipts Of Bankers, causing business TO be done
On very narrow margins, To-day, they were
bought at yseS94c- for the various series, and
sold re. above these figures
The calls for ~Five-twenty Bonds Of the new
issue are in excess Of the offerings, 10 bankers,
ana rates are well maintained Al ZUZ-4c- prem
.um buying ana &c, premium selling. The
old dates are a little heavy at sc. premium
Ouying, and SIC. premium selling.
Ien-iOTties are nrm AT Sac. buying They COM
mand 9ijzc. of outsiders, but they are kept on
the market, in a growing confidence OF better
rates.
Certificates Of Indebtedness were bought by
Bankers, to-day, at soEc.
Important Notice.
The following notice q the National Banks
has been issued from the Treasury Department
At Washington
Il has been represented to this offee that a
number OF National Banks, located in The cities
where Clearing Houses are in operation, have
estimated deposits subject 10 duty from the
and not from the balancesat the clsse OF the
tay, a. required by the regulations.
A. the former method caunath he accepted Rs
correct, and as the return does not upon ITS face
show the method pursued, IL has seemed 20 me
proper ald necessary, IN view of the represent
JatiOns above referred TO, that l should address
10 each bank ia such cities an inquiry in re-
>pect to this matter.
VIII you, therefore, he good enough to inform
me whether, in making up the semi-annual IT.
turn Of yOuTb bank for the six months proceed
ing January J., 1856, Won iimate the average
Of deposits nom tine balances at the close of the
day, or nom the balances after the exchanges
Al the Clearing House,
n the event that the regulations in this re-
Pect were not complied with by you, / have TO
request that an additional return be furnished,
Of deposits estimated hon the balance of de-
posts at the close of the business of the day, in
excess Of the average Of balances so returned as
made up after the exchanges at the Clearing
amount equal TO One-quarter OF one per cent.
on such difference Of computation.
+ e SPINNER,
Treasurer United States.