Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1867-04-02
FINANCIAL.
orFIcE or - DALI APPsAL

OFFICE OF THE DAILY APPEAL, !
MEMPHIS. April I. 1850,
Money matters remain pretty much
as they were on Saturday. Gold is buy
ing at 33c.
Silver Is scarce, and the little offered
brings . to 26c. Selling at % to SOC.
City scrip Is dull at zoe buying. Sell
ing at p to 80.
Owing TO the county embroglio war
rantr are dull st Sc, with a downward
tendency.
Exchange is in moderate supply.
Eastern is bought at par to of, and
selling at premium. New Orleans is
bought at par, and sold at premium.
Bonds are dull, with no sales to report.
Memphis and Ohio railroad bonds, Is to
20c; Memphis and Charleston railroad
bonds, IS to zoe; Tennessee bonds with
coupons, 40 to soc; Tennessee bonds,
new, IS to soc; Mobile and Ohio railroad
bonds, 50 to SOC; Memphis city coupons,
90 20 65c Memphis city railroad bonds,
50 to 60c.
Uncurrent money is inactive, without
material change in rates.
The British government, it is under
stood, proposes to guarantee the Cana
| dian railroad loan.
The receipts of the government of the
| United States for the year 1856, apart
! from money borrowed, were nearly fifty
millions Of dollars. larger than the re-
ceipts Of any previous year. OF the
$500, 000, 600 received $50, 000,G 600 were
! paid as duties on articles imported from
! abroad, and nearly $500, 900 ,O00 rom IN
ternal revenue taxes.
IN the national banking act, it is pro-
vided that mo banking association shall
issue post notes or OtheF notes 10 elrcu-
| late as money! Query Can aessnier or
president issue a check on bis own bank
TO be circulated as money
The president has approved the bill
I providing that nom and after Tuesday
last Wrappingpaper made OF wood, corn
\ stalks srfRny ether material shall be ex-
tempt Aom the internal revenue tax
That every note Of any banking assoeia-
ton, state bank or banker or sssoplstioni
| shall pay g tax Of fG per centam on the
amount Of potes Of any town, city OF
municipal corPoratioa, paid ont hy them
after the lst day Of May, 1887, to be col
lected in the mode and manner in which
the tax on notes Of state banks is col
lected.
The total value Of exports from RostOr
for the week ending March 22l, includ'
ing specie, was S642, 76l against S2S4, 76S
for the corresponding week in 1855.
The cash balance in the hands of the
assistant treasurer in Boston at the clos.
Of business March Esd, was So, COG $50 OF
showing 6 decrease of 81 SIS, 96l IL, n
compared with the close of the previous
week,
1t is reported that In view OF the pro
speetive embarrassments OF the treasury
from the falling off in the internal rev
enue and from other causes, no contrac
ton OF the currency will be shown II
the April statement OF the public debt.
OF the failure OF b. n. Runyan, ESQ.
of st. Louis, to which We alluded a few
days ago, q St. Louis exchange says
We understand that Mr.. Runyanis liza
bilities are not large, and that his ssset
are AmpIs to coYer the last dollar, assool
as his affairs can be satisfactorily ar
ranged. He has been making a maufH
fight % maintain his standing for severa
months, but continued reyerses obligeI
him to stop payment temporarily so tha
be may have a little space Of uninteF
rupted tine TO settle with those who ow
him, and convert collaterals aud othe
} property into currency.