Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1867-02-17
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OFFICE OF THE DAILY APPEAL
MEMPHIA. Feuru Try l6, 1867.

OFFICE OF III DAILY APPEAL
MEMPHIS, February l6, 1861. !
Money matters continue easy com
paratively, and good paper is taken
freely at from 9 to IL per cent. by oGl
banks. Gold continues steady at S5c
Ia silver we have no change to report,
Very little is offered for sale. Buying at
. to zee.
CITY scrip is in demand at re buying,
Selling at 75c.
County warrants are active at sZc buy
ing. Selling at 80 to e7c.
Exchange is dull at OH buying. Sell
ing at par.
There is no change ia uncurrentmoney
| Tennessee banks are all firm at u quo
tatiOns. In government securities We
have no transactions 20 report. Our
/ quotations are entirely nominal for
/ railroad bonds, etc. Bank Of Ten
/ nessee, 40; Bank of Chattanooga,
IS; Bank of West Tennessee, so;
/ Union Bank, 81; Planters Bank, 81
Bank Of Memphis, par Bank or Middle
! Tennessee, 80; City Bank Of Nashville,
/ 50; Merchants Bank, rs; Ocose, 20 ;
Bank Of Shelhyville, 50 Traders Bank,
par; Southern, ..
BoNDs.-State Of Tennessee Sc, long
loan, SIC; Memphis city bonds, with
/ coupons for 1851, zoe Interest coupons,
| 45c; Memphis and Charleston railroad
/ bonds, zoe Mobile and Ohio railroad
bonds, 60e; Mississippi and Tennessee
railroad bonds. Soc.
The quarterly report Of the national
| banks, published in the APPEAL a few
days ago, shows hat their aggregate
/ cspital is about four hundred and twenty
I --TFsa-z UThafr umwranura ln1ng are Sly
I hundred and eight millions, and besides
| they hold four hundred and tweuty-eight
/ millions OF government securities. The
banks are thus deriving profit from one
I thousand and ffty-One millions OF money
/ lent to the government and the people.
In October, 1865, their capital was four
hundred and fifteen millions, their IN
! come being derived from four hundred
and tWenty-siX millions of government
| bonds, and six hundred and u millions
/ Of other loans in January, 1866, the
| capital was four hundred aud three
I millions, and their aggregate loans nine
/ hundred and ffty-six millions, four hun
dred and forty millions to the govern
ment and five hundred and sixteen nil
lions to other borrowers. The deposits
| were, in January, 1867, i've hundred and
I e~ighty-fOur millions in October, 1856,
five hundred aud niuety-six millions ;
and in January, 1866. five hundred and
| forty-three millions. Last October fifty
live banks were d~efaulters on their re-
serves. The aggregate amount Of green
backs now held is two hundred and
| three millions, against eight hundred
and e~ighty-two millions OF deposits and
| circulation. In October, the reserve was
two hundred and thirteen Millions,
against eight hundred and hfty-six mil
lions OF deposits and circulation.
The San Francisco mint operates upon
more bullion, and coins more money
than ali the other minis Of the United
| States combined. During the year just
closed over $50, 900, 600 in gold, aud about
500, 900 in silver was coined, and this Is
about a million less than the amount
coined in 1868.
An English paper says We have tc
record the extraordinary fact that about
ego, 600 in bar efver has arrived from
| Calcutta. For a long series Of year.
there has been q constant stream from
Europe to the east, snd the extent of tbs
absorption there has caused u vast mas;
Of the silver currency Of the cGptiueIi
to be drafted away aud replaced by gold
Insurance on raw cotton in store, in
New York, Is six per cent. Seven years
since it was n half per cent.
Another christian treasury clerk il
Washington has stolen 100000 from th'
government.