Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1867-04-09
FINANCIAL.
OFFICE OF THE DAILY APPEAL,

OFFICIE OF THE DAILY APPEAL, I
MEMPHIS, April s, 1857. =
Gold has taken an upward course, and
some good sales of round lots were re-
ported here Today at 33k to 34c.
Silver, though very scarce, is offered
oecasiouailyiat the counter. Buying 81
25 TO S6c. and selling at q 10 2se.
County wilrrants are dull at IS to SIC
buying. Selling at s. to soc.
i'ity scrip Is not in demand. Buying
at IS to &c, and selling at 6S 10 zoe.
Exchange is In moderate demand
eastern buying at par 20 discount, and
selling at premium; New Orleans
buying at off, and selling at par.
Uncurrenii money is firm, but transae-
tions are light.
Bonds are nominal at our quotations.
Memphis ard Ohio railroad bonds, Is to
2Oc Memphis and Charleston rsiirsad
bonds. 65 to zoe: Tennessee bonds with
coupons, 40 to soc; Tennessee bonds,
new, 55 to G)e; Mobile and Ohio railroad
bonds, SO to 55e; Memphis city coupons,
so to 65c; Memphis city railroad bonds,
so to 60e.
From the report of the superintendent
of the branch mint at san francisco, for
the year 1865, il appears that the total
amount Of gold bullion delivered to the
melter and refiner during the year was
s29, sos, ,206 u; the total amount returned
by him during the same period was S2s, :
lg03, 134 a.; allowing the actual wsstage
to be 50, I29 80, while the law allows a
wastage oil $50, SO 50. The whole
amount Of silver bullion delivered dur
ing the saroe period was 81 ,645, ,403 So,
and the amount returned was 81 ,64S,-
SIS Is F; showing an excess of 3,114 81,
while the law allows a loss Of s., ,29O so.
The working OF the coiner was equally
remarkable, and shows the manipulation
of $50. 900. .OliO of bullion in the San Fran
cisco mint, with loss Of only q little
more than $500.
The following is a condensed state
ment of the business transacted in the
Office of the fourth auditor of the treas
ury during the month Of March, 1851:
Navy agents accounts settled ,9ls, ,s95 s.
81 PaymasteTs' bsazsld1l og
Il Pension HUI ~
2 Marine ~ " "
, Navy stOrekeepers' "a ...-. 1sl3S 5s
$50 Prize clai z1,0zl ~
859 Gebsral claims zs'IZ1 -
sio Accounts settled, aggregate. 7sl, ,5sl II
The bids for the Pennsylvania state
loan were opened at Harrisburg on the
1st inst. The amount of the proposed
loan was s23 ,000, 600. About 81 ,060,G00
at ) per cent. was bid FOR at par, and
about SS1, 900, 600 at per cent. was bid
for at J per cent. premium. The bids ex-
ceed the amount wanted by $1,000, 900.
DrexeI, Jay Cooke & CO., and Clark & Co.
get about sic, 900, 900 at premiums rang
ing from 1-l3 TO 1-l6 per cent.
Congress on reflection, passed a joint
resolution limiting expenditures under
the military reconstruction laws tG
$500 600
San Francisco advice state that money
is accumulating 10 the city reservoirs.
Bank loans are easily obtained at l to II
per cent. per month, while upon real
estate and other unexceptionable gilt
edge Securi ties large sums can be pro-
cured on even more favorable terms.
This Euperabundance of capital at the
present time, when interior cOmmunica-
tons are and have long been entirely
susneuded, is somewhat remarkable;
vet it is easily accounted for as the natu-
raj accumulations from the large amount
Of wheat marketed by our farmers--the
proceeds in a very many instances Row
lying idle upon deposit in the various
banking institutions of the city. 1t is
estimated that the yield Of the wheat
crop to date, so far as marketed, amounts
to IS. O00, coo Real estate operations
continue ID be of considerable import
ance. Auction sales are frequent, and
in desirable locations large prices are OBJ
tanned, both for improved and unim-
proved property.