Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1869-01-19

-SW 49, E-N
Gold has been tending upwards during
the week, closing in New York today
at IS6. In this market a shipping mar
gin of 1c is retained by dealers. The de-
msnd over the counter is very light, and
is supplied at New York rates.
A notice which appeared in this col
Umn a few days sgo might infer that
MI. VIM. Y. Hamlin had resigned his
position at the First National Bank.
This is not SO. Mr.. II. still performs the
duties OF Receiving Teller in his usual
efficient and affable manner and his alb
senee would be considered as little short
Of s calamity by the patrons OF the bank.
There was an active demand for city
bonds to-day, aud several ssles were
made one Of So. 600 was reported st
SOC; one OF $1,000 ct sole. Osber sales
were made at sic. A sale OF SSI 900 oc-
CURED in New York on Saturday at sic;
$50, 900 at sic, and $4,000 at 52e. Bonds
Rretending upwards, and Wedo not think
that any amount could be found at less
than 5l@5l1c. Dealers were anxious to
buy at sic. II viii be seen that the
credit Of the city has not yet been ruined
by the opposition expressed by the press
TO the sale of our railroad bonds.
City scrip is nOminslly unchanged.
Brokers do not want to buy, and sell at
sO6s2e.
County warrants sre dull and nominal
Buying at 70G72s. Selling at 759763.
Police scrip is scarce and in demand.
Buying st 95e. Selling at 97c.
The Comptroller OF the currency sends
8 letter to Congress showing the follow
ing statistics about National Banks:
Amount Of dividends declared by Ms
tiOnal Banking Associations since their
organization under the National Bank
ing act, Sl29,2 49, 335. Amount credited
20 real estate account, distinct from can
ital expended therefor, S649, 045 amount
credited to the surplus account, S42,SlS,-
462. Amount OF undivided profits for
the year 1863, SIS, go amount of undi-
vided profits for the yesr 1864, $50, $50 II;
amount Of undivided profits for the year
1865, SlS9, ia; amount OF undivid q
profits for the year 1866, Sl4,l57 ,1S4;
amount Of undivided profits for the year
1867, Sl4,679,6l4; amount of undivided
profits for the year 1865, Sc. 4Sl ,l45. All
losses for the year 1865, nothing; ail loss
es for the year 1864, Sis. ass; all losses
for the year 1865, 81, 790, 696 Rli losses
for the year 1856, 3. Isl ,6iS all losses for
the year 1887, a, 1876, 243 all Losses for
the year 1855, 81, AZ, 5I2.
AT a meeting OF the Boston Board OF
Trade, MIR. EiWard Atkinson introduced
n series OF resolutions against the Moor
head tariff bill, the most important of
which declares that the increase pro-
posed in ssid bill in taxes upon iron,
steel and other metals upon lumber, |
upon alkalls, upon glass and upon salt,
are especially uucalled for, aud would
lead 10 enhance the exclusive cost OF the
production OF almost all other commodi-
ties already 50 high as to have nearly de-
stroyed our foreign commerce, and ssri-
ously to impair the prosperity Of the
people.
The Ways and Means Committee are not
likely 70 do anything at the present ses.
sion Of Congress towards modifying or
consolidating the internal revenue laws.
The Commissioner, in his late report,
took the ground that the whole subject
had better 60 over 70 next winter, so
that II might be seen how the new whis-
ky act works. This view is entertained
by some members OF the Committee. If
matters were to be taken up now il
would require two or three weeks to get
it through the Committee, and then
probably three weeks more to finish il ia
the House. This would leave but two or
three weeks for its consideration in the
Senate, which Is far too short q time to
perfect the measure. The opinion of
many prominent men in both branches,
therefore, is that the question had better
be left untouched.