Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1869-01-05

New orieapS-~~---- q" isas2 slOO0p'm
The First National Bank during the
day paid out some Sl5 coo to 500. 900 as
interest on City B3rds. The coupons
were not presented rapidly, bu. will
come in daily. We e,u,d learn Of no
sales Of bonds, but hesrd there were Of
ferings at 49lG50c ~ex-c0upons.
City ScriD is dull and nominal. Deal
ers sre not buying-st least they are an
able 70 90 50 at 75976c, which is their
Offering rates. They hold at soc.
Coupty Warrants are dull also. There
is no demand from dealers. We quote
nonanslly 7S@S0c selling.
Police Scrip is firm st 93G9+e buying.
Selling at 96e.
Gold has been quiet during the week,
opening to-day at lS5lc and closing at
the same. We have no Improvement to
nots IN the demand. Dsslers buy to
ship, snd keen q margin Of cole on
Eastern quotations.
We have 8 heavy operation in stocks
to report to-day. Il is true it has not
been contaminated, but Mayor Lefswich
says, we learn, that it shall be, and as
We sll know that be is a man of iron
will, we may fairly presume that it will
be, and that the Board, in open session
to-dsy, will not dare to oppose the meas
ure. We siiude to the sale Of 81 SOC, 900
stock and other franchises held by the
city in the Memphis ard Little Rock
Rsilrosd, worth probably 3, 600, 600, for
the sum Of 100000, to w. 3. Greenisw,
Esq. a secret session Of the Board was
called to-day for the purpose OF confirm
iDg the sale, but SONS of the gentlemen
present we presume could not see the
matter through the Mayors glasses and
it had to be postponed until tomorrow
City taxes to the amount Of SS7, 19I 2S
were collected by Collector Bowen last
month. This includes school tax to the
amount Of SS659 43. The i've per cent
penalty for the month on the amounts
collected was 5000. This is also in
cludsd in the total amount given above.
This is tins largest collection ever made
in any one month, and shows that the
penalty for nOn-psymeDt has operated
exceedingly well. They are some, how
ever, who have not get scsred so far, but
LETS are nov being prepared FOR public2-
ton OF all property the tax upOn which
remsins unpaid. AS soon az published
the penalty becomes . per cent , and il
forced to sale, as has been determined
upon, there are plenty OF buyers ready
to take bold.
The quarterly statement of the Mer-
chants National Bank will be found in
another column. 1t shows this Bank to
be in a furnishing condition, and that
under iEs present management it is rgp-
idly improving and Increasing its deposit
line. The statement goes far 70 show
that financially oar business men have
become very much improved since last
year.
We also present the statement of the
German National Bank, which is very
creditsble TO its management. The
stringency Of other money markets has
not been felt here except 10 8 limited ex-
tent, and the showing of the German
National in currency, atIhis time when
the demand for the moving of cotton is
very heavy, proves it u De one Of our
very staunChest institutions.
There were 630S cases Of bankruptcy
in Virginia up to January l, 1859.
The Commissioners OF Internal Reve-
nue. hes Issued s special circular concern
ing the T%epackiug and r-einspeciion OF
certain kinds Of tobacco in hulk pack
ages. Section IS Of the act Of July %,
1865, as amended by joint resolution Of
December p, 1858, provides that after
the 18th Of February no smoking or fBe
cut tobacco or snuff shalt be sold or Of
fered FOR sale urlsss put up in packages
and stamped az required by said act. Il
Is represented that Notwithstanding the
extension Of time msny dealers will be
put TO great Inconvenience and expense
unless they can DGJpsTmitted TO repack
stocks on hand now IN bulk packages
into packages a. required by law under
the supervision Of the proper officers of
internal revenue. In order 20 furnish I
the relief desired, il is directed that the
respecting and reiDspecti9n OF such stocks
may be under the following regulations,
VIZ: ANY deatsr ia manufactured to-
bacco who has inside q true and correct
inventory OF the same 70 the assessor. As
required by law, may apply 10 such as
EessOr, anc in the submission to him Of
satisfactory proof that the tobacco which
the dealer desires 10 repack and have
reinspecttd was properly inspected IN
der the former law, said assessor may
direct an Inspector Of tobacco for the
district 10 supervise the repacking. The
Inspector shall personally supervise the
r~epRcking, snd when the work is done,
he will tTaEsCribe upon each, on en-
closure, the inspection marks and
upon the original pack
age, aud also mark "repacke1
under my supervision,n together With
the date, State and district, and his ogn
name and title, ami Immediately make Il
detailed report 10 The assessor, showing
The number Of packages branded, the
kind aud quantity IN esch the name Of
the person or firm for whom the Tein-
spectiOn was made; the number Of origi-
packages ana the original Inspection
marks OF each package. Toe inspectors
Zee will be paid ~ the dealer for whom
the work is done.
CgrFOS.
Cotton has been advancing steadily
the week, and would have baen