Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1867-10-01
FINANCIAL AND COMMERCIAL
oFFICE OF THE DAILY APPEAL
Nrrpura Santemhpr n 1871.

y - ~ ~"
Gold opened in New York at 49, and oloseC
at $50. In this market there was the usual Lgh
offerings which have characterized the pas
two weeks but ths prices PAD were IN m Sst
urdsy. Buying at sc, =. "f#..|
Silver Is bOugbt at 81 20 &c.. 81
City scrip is dull Soc Is the offering rate
County warrants are in demand. and holder
are NOT disposed TO sell at our quotations
hand; 80 to Sic are the Offering figures selling
Police scrip is in moderate demand at SIC
Exchange is about equal to the demand with
l no change In rates since list week. There is 8
growing demand Tor New Orleans exchange
which sells at 4 premium. Eastern sight Il
held At q premium, but between banker
transactions are made at par. and In q few in
Stances at 81 premium on the 5000.
Notwithstanding the clOieness Of the money
market and the general depression OF Business
for the past three months, we Look for very Ia
vorable 81 elements from all our hanks, nov
that the end OF the quarter hasarriyed. Money
for the past few days has been easier, with les
application for discounts than usual, and more
disposition 10 accommodate. Deposits are
| increasing, and upon The whole there is more
ease thar az any time for months,
The last mail from Madrid to Havana brought
an sbrOgatiOu Of the new and an order for q
restoration Of the old system Of taxation, as
Gen. hanzsns had proposed TO the home gov
eTnment.
civilized. A coinage treaty between France
and Austria was concluded at Paris on the 3lst
Of July, by the two plentpotentiarles, M. NJ.
Parieu aud HOch. According 10 this treaty
Austria viii issue gold coin Of the value Of five
francs, equal to Two austrian horins ten
francs equalto four Austrian forms twenty
five francs, equal 20 ten austrian forms fifty
francs, equal to tweRty Austrian Dorins; and
one hundred francs, equai TO forty Austrian
forms. Austria engages 10 withdraw the pres
ent silver currency Of The empire by the isJ OF
January, 1878, and from that date no larger
amount than six francs per head Of the popula-
ton Of either empire Is 20 be In circulation In
silver, and 10 one is TO be compelled to receive
more than nifty francs In silver In any pay
msnt.
]. II. Wigein, treasury agent in New York
city, reports that he has caused an attachment
to be made upon the personal properly OF Mr..
Henry Hart, OF New York, to the amount OF
$4,000, TO indemnify the United states fOT
losses alleged to have been sustained through
the frauds OF himself and ~accomplices.
Judge Parker, ofthe circuit court Of the state
of Virginia, has rendered a decision that, II old
banks make assignments under the act Of Feb
ruary 1855, they cannot give preference to any
class OF creditors; thst note-holders have no
preference ove depositors, and thatdepOsitsI IN
Confederate money are to be treated as debts OF
the bank to the extent of their value at the
time OF deposit,
aeoretaey MoCullooh has issued Hcsrcular for
bidding ali employees OF the treasury depart
ment 10 furnish any Information to persons
connected with the public press, unless by
special permissio i from the head of the bureau.
He also directs that no newspaper man be al
lowed in any room OF the department, unless
on DuhlueS VIII ln6 department ne iaEtueI
states that any violation OF this rule viii sub
ject such employees 20 immediate dismissal.
The secretary informed the correspondents
that he was obliged to issue this order, owing 10
the many m~isstaLements, Intentional and I'M
Intentional, put out by minor officials OF the
department.; and to prevent II possible the de-
Hberhte Manufacture of financial paragraphs,
with a view to iIjure the credit OF the govern
ment. He aDimadverted severely on one APP
pearing IN the Washington corrsS pondsnce OF
The Boston Posi-, and copied Into the New York
papers Of yesterday, relative TO the sale Of
twenty millions OF gold and the alton b nix
reserves and he authorized IL to b-edenounced
as q pure fabrication. This paragraph, in the
main, prompted the official ord T. The Wash
ington journals are very Indignant over the
new order.
The Jefferson Insurance company of this
city closed up its business yesterday Its PRES
ioent, Mr. II. D. Goodlett, who has but recently
returned from the nOrth, has concluded to de-
vote his attention to the Improvement OF his
real este te, while Mr.. P. H. Davie, the cashier,
also has business OF a private mature which will
preclude that attention which he has hereto
fore bestowed upon the interests Of the COM
p9ny, In retiring they carry with them the
confidence OF our citizens. We
must not omit this opportunity Of returning to
them our thanksr orinfOrmatiOn always placed
at our disposal IN Observation-Disclosures business
way which has characterized their intercourse
with al.