Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1868-08-03
MEMPHIS APPEAL
FINANCIAL AND COMMERCIAL
OFFICE OF THE DAILY APPEAL
MEMPHIS AuguSt l lgg9

J tA1AEA1Aos 2Au6tnb II LOCO
There was nothing Of Interest trans
piring in the general or money markets
to-day. A few planters were In town
/ purchasing, and some orders were being
filled to be taken out by our local packets,
/ but the bulk OF business was not large.
Our banks report collections improving in
bulk, showing larger purchases than last
month, while all our merchants are
coming up promptly and meeting their
obligations. There is az occasional call
for assistance, and our discount houses
are doing something on good collaterals
almost daily.
In exchange the market remains very
quist and rates steady with good demand
from bankers for Eastern bills, which
are taken st par to &c premium and sold
at Sc premium.
The market for bonds and stocks is en-
tirely nominal, though the demand for
some kinds is very good. Mississippi
Central is probably more sought after
than other securities. Orders are on the
market for any amount at the following
figures: Stock, Zoe; LIST mortgage bonds;
coo; I'd do 40c. Past due coupons of
this road are in demand at 5S93S,.
City bonds are firm, though no sales
transpired during the day that we could
learn of; 55c was offered and refused for
a small lot.
City scrip is scarce. Brokers buy at
73@75c, and will not sell at less than soc.
Police scrip and county warrants are
dull-the former at zoe buying and the
latter at 52@53o. Selling at 75c for the
former and 5595So for the latter.
Gold opened to-day in New York at
145gc, declined to 1445c and closed at
l45Ic. We heard of no sales of me-
ment. Small amounts are taken at I439
l44e. Selling at l44!@145c.
The New York stock exchange
quotations at noon to-day were as
follows Coupons of 'SI, 15t
do '62, IA. do '64, Il; do '65,
I2b; new issue, So; do '67, 8; lO-4Os, 81
1905, both series, ST; old Tennessees,
GIG; new 6Is; Government bonds,
heavy.
The amount of uncalled for interest,
owed by the Government on United
States bonds, amounts TO over SIS, 900,
which is payable in coin at the office Of
the Treasurer OF the United States. Ar
engagements will be made to aequaint
parties interested Of the fact, in order to
effect q discharge of this public obligs-
ton.
Measures have been taken In Chicago
to ascertain the facts in relation to the
Texas cattle disease, alleged to be raging
at various places in the interior. II is
believed by many that the reports are
exaggerated, and that they are ciTcu-
lated by stock growers, In order to dis
courage the new competition In their
business.
The Liverpool cotton market at the
opening to-day was firm; Uplands, 9sd
Orleans, 104d, and at pm. was nomi-
nally unchanged. Sales, 1000 bales.
The New York market was firm at the
opening with moderate demsnd at sole
for Middlings, and closed quiet but
steady at same quotations. Sales, 800
bales; weeks receipts, S9 bales gross
receipts, $500 bales weeks sales, 10, 0O0
bales for export, 80 stock on hand,
At, 600; weeks receipts at all U. s. port,
1000 bales.
COTTON STATEMENT.
CaAMBKR OF COMMERCE I
MEMPHIS, August l, 1858.
stock on hand Sept. l, 1857 ........... 1850
Received to-day . j
Received uTaVlOugl y q &. Oh 1sl3 0t6