Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1868-09-29
FINANCE GND FRABB.
FINANCE.
OFFICE OF THE BAILY APPEAL.l
MEHpHM SanIemhar q lasa

OkElJE OF IhE TALLY APPEAAst
hEKFsIs, September Is, 1858,
Excllangs Is onvsspg more literally and rates
are tending downwards. Eastern bills are
taken az &c OF TO par, aud sellingat 1850
premium. New Orleans sight is steadE at par
buying for small amounts. Selling ~ - pre-
MUM. Our banks are again doing q tile in
the way OF d~fscountiug on short time Tor our
merchants, and if the weather remains favor
able, we think that all our business men in
good standing VIII get what recommendation
they may need without the trouble attending
such favors earlier in the season.
Gold has been tending doWnwards during the
Week-iahinR 10 I4l5ze on Friday last, going up
again to 14Ztsc, and closing to-day at ~ C.
Wehave only small sales % report. The e'osing
buying rates were IS99l40c. selling at 1909
I4c. 81
six hundred dollars pass cue city coupons
were taken to-day az zoe by a dealer.
Bonds and stocks hsse been very quiet dur
lag The week. The demand has not been ao-
tive Tor any kind OF rSilroad or other securities,
though buyers could he found for any lots
whish we're offered az less than thsareguiHr
rates as quoted by rs for some weeks back. A
lot consisting OF 1900 Memphis and Ohio Cd
morigsEe bonds was taken to-day at soc. City
bonds ara inquired for at about SOC, tsOugh no
sellers ca1 be founda al less than jJc.@If the
city would cease to issue bonds 10 throw upCn
the market as they are doing daily, aud require
q. k"N.A ~ y - a4A
pay their Indebtedness we fesIaffEgeI that our
bonds would advance. Tbers fesnis 10 benz
hope, however, that our cisy oDcsTs will do
what The law requires or them in this matter,
but VIII go on collecting from those who are
willing and aoxious TO pay their taxes and per-
nit those who have been delinquent fOryears
70 enjoy the benefits thereby accruIngs
City Scrip is somewhat unsettled. Some
dealers anticipate q rapid decline aud renfs %
buy, while Others are confident that Scrip viii
remain at about present rates. Dealers buy at
5297Sc. Selling at z567Sc as to amount.
scAaol Sfsp issteady al S9GS2c buying. Sell
ing afS58&c. We lsaruIhRt there is not over
S5e90 OF 5000 of this42riP afOaL Aome $1,000
or fcswas hypothetical some months ago 10
raise fands, but RARt amount sal remsins
locked up. &FedlieE or our Sohosl Board who
are anxiousm conect their claims ean at any
time receive Scrip at par for the amount Of
their bills.
County Warrants are firm and are likely TO
rsGaain so until Barbour Lewis returns. When
this calamity Details our people IL is supposed
that q new issue viii be required TO meet the
Et1eidentsl travelling expenses OF the Hogul OF
he County Commissioners aud prices viii
agaiu give away. Small warrants are hrm at
55g5Se buying. Selling al coo. Large ones are
taken at55g5ic. Selling at 5Sc.
? Police Scrip is In demand at 81GS2c buying.
selling at Sc.
We are indebted to the monthly report. Just
received o. the Director of the Bureau Of Sta
tlstics, forthe folluwing table with
thereon showing the UOtai value Of the import
entries and the ~re-sXporfs. and the resulting
net imports OF the United States during the
fiscal yesrs 1850 10 1905, inclusive specie and
bullion included.