Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1869-01-06

City Bonds will no doubt be 8 leading
feature 10 our market hereafter. They
will be manipulated by rings-be cried
down by some and up by othsrs-all hav-
ing some offset in view. Be this as il
may, the interest is being psid, and there
are some who think thst y per cent.
well secured is q very fair interest for
money, and those persons viii no doubt
be on the market 70 take all held by the
timid SIS well as by these who are unable
20 hold. We note sales to-day Of SlO,-
00O a. 4S5c, and SlO,0 0J al 49s, ex c0u.
pOns.
City Scrip is quiet. We can learn Of
no densnd. Desiers ask 7SSS0e, but re-
fuse to buy, having all they want or
hand. II is expected that the demand
viii again improve about the Goth inst.
County Warrants are steady There
are no offerings and dealers are not snx-
IOus to buy. We quote at 75@76c buy
ing. Selling at 7S@SOs.
Police Scrip is firm at 9S@94c buying.
Selling at 96997c.
School Scrip is quiet st 9O992c buying.
Selling at 94995c.-
Gold opened in New York st IS5fc
and declined gradually, closing at l34Fc.
Exchange higher, 9s9I0sc. We note
8 sale Of $1,000 gold in this market by q
dealer at 1856. Buying at l34@134lc.
Owing to the late hour at which the
quarterly statement OF the First Ma
tional Bank was sent ID Us last night, We.
could not csli the attention of our rea-
ders TO it. The statement appeared this
morning, and the Banks deposits show
3 very lsttering balance on the side Of
our citizens. Evidences Of prosperity
evinced IN this way are tangible, and
bid US hope for great things in the iu-
tUre.
The Common custom OF New York
commission merchants, factOrsand bank
ers, having temporary charge Of mer-
chsndise, to insure It IN mutual comps-
MES, charging the whole premium to the
owners, and retaining for themselves
any scrip dividends which might be made
by the Insurance companies, has been
stopped, and by a decision of the Su-
preme Court. a recent case, which was
made the test, cleared the commission
merchants $500 in scrip dividends, and
cost the q $1,000 fer premium.
Ut AUAEA~4 ALAGAAkt aN4Ul AELlkhS Cl AEAb I
past year show q falling OF of thirty
thousand in the arrivals at New York ss
compared with last year. So far as the
Irish are concerned, the emigration to
this country VIII be less heresfter than
il hiss been IN previous years, owing 10
the drying up OF the source OF supply IN
Ireland itself. The decrease Of German
emigration 70 America can be accounted
for on the idea prevalent in Europe, that
the demand for labor and the reward for
labor here st this time are less than they
have been ia other years.
Acting Commissioner Of Internal Rev.
enue Harlsnd has issued a supplemental
regulation concerning the tax on distilled
spirits. They are intended to secure cor
rectness and uniformity in the monthly
reports Of business. Ii is provided.
among other things, that having found
the quantity of material used, they will
then determine the quantity Of spirits
which should be accounted for from this
quantity Of material, and IL they have
more definite leans Of determining
this they will determine from the char
scter CT the material used, what guam
tty OF spirits > bushei Of suea material
should yield, and calculate the product
10 be accounted for, or the required pro-
accordingly; the number okdsys
upon which the per diem capacity tax is
10 be issued, while the number of DAYS
since the date Of commencement in the
month inclusive, less Sundays and days
upon which Operstions nave been legally
suspended. The acting commissioner has
also issued instructions ss to the survey
OF distiiieries, in which it is stated that,
estimating the number of dry inches
TO be allowed for fermentation, the asses
G0= and nnr-nn naEInnQfE1 n uaus-% him !
must, Of course, be governed in a great
measure by the depth Of the fermenting
tuba. From the best information re-
il is believed that q fair allow
will be from three to seven dry
inches for corn, and any admixture Of
corn and rye not exceeding one-half rye
to One-half corn, and from seven to
twelve dry inches for rye, aud any mix
tuTe OF rye exceeding one.half.