Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1866-02-18
Other Markets.

LII u AAAAAa AEfNaNNAAfN - AAN ANNA =
The Money market is rather quiet to-day.
The local demand is not so pressing as in the
/ active hOg-kilung season, but the demand from
! the country is undated. First-Class PAper is
accommodated at 20 percent. per annum; lower
grades ar ~ TO . per cent per month.
cold about the same AS yesterday-open1nga at
l3Ss. and closing at l3S. Bankers paid $50 pre-
MUM, and sold at 3S4 premium.
New York Exchange steady at 40 per cent.
discount buying and 10 per cent; selling.
in good demand and about =
higher. All E~iye-tweutes are quoted at same
Union Military Bonds sre bought at si0s5, and
sold al o6gsjRf for issues OF lS65, aud par buying
and l03sellug for issues of 1865.
City Vouchers are bought at I{92 per cent
discount. Country do at 3G5 per cent discount.
Compound Interest notes are in demand At
rates quoted below.
The Cincinnati Enquirer Of the same date
says:
The general features Of the Discount market
remain about rs reported in our last. A lair
demand for Loans was experienced, and check
ing continues heavy, but the supply of Cur
rency Is ample t0r all legitimate purposes, and
the market is still in an easy condition. Rates
of Interest are steady at 5glO per cent. for IN
gNceptiOnable names, and y per cent. for good
mercantile Papers. The semand for Money
seems 70 be well distributed, though the gro
Gerry aud dry goods interest is more largely rep
resented in the list Of applicants for Loans than
other branches OF trade. Ihere IS very little
Paper OF a speculative character offering, As
this class Of operators are not doing much at
cold opened rather firm in New York this
morning, but took q turn in the
afternoon, and closed 20 three O'Clock at l5s,
which is a decline Of per cent. from the open
ing figure, The general impression is that
further sales are being made by the Govern
meut, and the downward movement IS attrib-
uled to this. There was only a moderate DuSl-
ueSS transacted in our market to-day. In the
morning l3SGlS84 were the prevailing buying
rates. and higher figures were in several IN
stances paid FOR round sums, but in the after
noon the rate was reduced to 1874, and some
were not inclined 10 bid above l7 at the close,
The transactions over the counter were on a
limited scale, buyers anticipating a further re-
ductioH. some sales were made early in the
day az i39, but Il was offered IN the afternoon at
l3Slfal3sI. The buying rates for silver were
reduced 10 lZ9dl3l for small end large pieces.
There Is, however, but little Offering, and higher
figures could be obtained for round sums. The
counter rates are entirely nominal there being
no sale for 10 here.
There IS stnl an active demand for the $40
Treasury notes in our market, and, the receipts
being only moderate and inadequate TO the
demand, the bankers, IN naost cases, are paying
full New York rates, and then are unable 70
complete thsH orders. The large notes were
bought at g9L for the third end seeoGd series,
and psZ199H FOR the first The small dement,
nations are rated nominaily TO less; The
ures quoted above. In the Collaborating Bonds
there is not m doing. The bankers are pay
ing tOr the Fye-tWe mites issued in 1904 and 1865,
IOI sal02E, and for the lSd2 Bonds, lO35s9l0G4,
but there are very few on the market, and round
sums would command higher rates. Iher'
is some inquiry RON OUTSIDE parties, ana safes
were made over the counter - o considerable
extent az al advance Of = per cent. on The
above quotations. There Is hardly enough
doing in the Teu-f0rtlGs 70 warrant QUOTATIONS.,
tine offerings and demand GSth being quite
light. The bankers are paying tqy tne large
Bonds, 94a8l54, and Tor the small, tSi 0Ht tnlig-
ers are reluctant 20 accept these rates The
Compound Interest BeRTing NoJesafe boughtat
I0GLs for those dated IN August, 1865 1919 for
May 10 Tor December, 1854 100 for October
100 for AugSsti i95Z ror July, ana III. fortune.
There were some Certificates Of Indebtedness
inthe market to-day, old dates, iQr which Sc
was asked, but this Was more Than ~ beahers
were willing TO pay. Nc Onaers on washington
are being issued AT present;
The demand for Exchange is stili in excess OF
the supply, and the market rules firm al SOC per
sluU0 premium buying, and lilo premium sell
ing. Ebs Ranks to-day were not compelled 10
forward Eurraney. We quote: