Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1869-01-27

AEAn
ASos
Pacific Skies. --.--------~~-.IOI3
Sterling Exchange was firm through
out at 1925 for so day bills. Money wa
easy at 8 per cent. on call. Gold carry
ing at 8 per cent.
The Stock market opened steady witt
. better demand for leading shares, bu
was q little weaker at 2:l0 pm, snC
closed steady but more disposition wa
manifested to resliza. Wells, Fargo &
Co.'s Express, 27f American Elk, none
Adams Elk, 58t; United StA'es Elk, 80.
Merchants Union Elk, 49,; Quicksilver
IS Canton, so; Pacific MsiI, 1904; West
ern Union Telegraph Co., SO! New York
Central, 164!; Erie, $50; Hudson, 135
Residing, 963 ; Chicago & Alton, las; Pre-
ferred, 1881; Toledo, w. & T. W. "a
preferred, 75A; st. Paul, 344 preferred,
est Fit. Wayne, 1924; Ohio & Mi>sis
sippi, SIT Michigan Central, l2S Mich
igan Southern, 94h Illinois Central
none; Cleveland 4 Pittsburg, s34 +; Cleve'
land & Toledo, 1904; Rock Island, 1884
Chicago & Northwestern, S2s preferred,
S74. Tennessee Bonds closed better.
Old issue, 6st@683 asked sales at 6s!.
New issue, 6s+9e34 asked sales st est.
Gold opened st l38! and closed st 1885,,
after advancing during the day to 1883.
In this market several lots were offered
during the day, and small ssles were
made at lS59IS53. Selling over the
counter st I369I364.
The Special Commissioner Of the Reve-
nue., in his report, furnishes some inter-
esting tables, showing the general reduc-
ton Of the State indebtedness since the
war. The figures Of the debt iD the
winters Of 1S5O-6I, 1865, and in No
vember, 1853, with the increase and re-
duction, are as follows:
Maine-Debt in 1851, $3.50, 500 Deem
Der 81, 1885, IS, I64, 600; December 81,
ls6S, S5,O53. 500. Reduction In rhree
years, Sill, 600.
New Hampshire-Debt in 1851, s3I, 1858;
June l, 1886, $4,GO2,070; June !, 1868,
s., 4S7,4i2. Reduction, 1914 65S.
Vermont-No debt IN 1851 in 1865,
Sl,650,0OO in November, 1865, Sl,16S. 900.
Reduction, $4,000.
Msssschusetts-N0 debt in 1851 1865,
s,254, s64; 1887, SIl, 0s2 sos November,
1855, SIS, SIS, 672. Increase since 1865,
S., 500, OOO.
Rhode Islsnd-NO debt in 1851 1865,
& 0OO. O00; November, 1865, So, I4O,O 900.
Reduction, SS59, 600.
COnnecticut-No debt in 1851 1865,
$40, 400, 1900; December 1865, Ss,l35. 500.
Reduction, g, 284, 500.
New YOrk-September 80, 1850. S34.-
ls2, 975; 1866, $40. SIS, 5S9; September,
1865, S44, S6s, 7S6. Reduction, 81 SIS, 75S.
Unsppiied balances in the sinking fund
would reduce the debt to SSS. S64,44S.
New ~Jersey-1s6O, slO4. 600; Novem-
Der, 1856, IS OILS, 500; November, 1865,
=, ll9. 697. Reduction, S79e, IO2
OBSERVATION-DISCLOSURES, 1850, S37,-
S64 .6O2; 1912, s40,575 40; November,
1855, SS2, 799, 7S6. Reduction, S7,776, 634.
DelswsTe-No debt in 1850 in 1867 the
debt wss 8, 242, 600; December, 1858,
S6O5 500. Reduction, $685., $50.
Maryland Holds productive mort
Rsges and liens to the full amount Of her
debt.
Ohio-Debt In 1850, Sl4, $50 ,I73; 1865,
SIS. 900 $50; 1865, $40, 529, SIS. Rsduo-
ton since the war, g, $50, sos.
IOdians-Dsbt in 1851, s., 40, 233; 1854,
IS, 6S7, $780, 1883, So IOl, 5s7. Reduction,
S5,5S8,87S.
Michigsn--Dsbt In 1861, s2,SSS S42;
November, 1866, 50, 979, 92l November,
1855, So 5l ,07S. Reduction, sS2S s42.
Llinois-Debt IN 1861, $40, 81, I6l 1856,
81 us, 564; November, 1855, IS, $50, 45S
Reduction, IS, 100, Ill.
Wisconsin Debt In 1851, 500. 900;
1855, g. 692, 49, November, 1865, g, 252,-
600. Reduction, $40, 467.
Minnesota, in 1867, had debt Of $780, |
600, which was increased to $3.50 coo. Of
which, In 1865, there was outstanding
$500. coo.
Iowa is out Of debt.
MissOuris debt in 1850, S24. 734 COO; |
January, 1866, S37,O 900, 600; October. 1858
80, 567 900. Reduction, SIC 44S, 600. The
State holds collateral bonds for $4,000, 600
Of the debt.
Kenucky, in 1855, owed IS 254, S4e, |
which Is now reduced TO IS. 6l9, 600. The
debt unpaid is held by the State ia trust
ior school and other funds.
The debt Of Kansas is about 81, OOO, 900. |
Nebraska Is out Of debt.
C2lifornis, in 1855, owed IS $50 $40 |
for the war, 81, sO7. 1853; now
owes 81. 695, 500; discharged and paid
s.. 1872, 500.
The debt Of our own State Is very
nearly rs great as that Of New York,
Is rapidly increasing under our Radi-
csl rulers.
The Round Table has an interesting
summary OF the doiDgs of our gold aud
mines during the year 1858. The
yield Of placer mining has continued to
fall Oh, out the extraction OF the metals
from the quartz rock has been prosecu-
with Increased skill and success. The
various new methods OF breaking the
rock which have been tried In Nevada
and Colorado have been abandoned for
old apparatus Of stamps, WHICH is
lOt equalled in effectiveness by auy of
he more recent devices. The stsmns
are used, however, with greater care, as
tue ineT the stone is pulverized the more
thoroughly its precious contents are got
out. 10 Nevada the ROst remarkable ]
feature IN the years operations is the de-
crease 10 the product Of the Comstock
looe, ~olseovered in 1866, and hitherto 80
auI prislhgiy yslusble. The deeper the
found to be.
o. the other hand, the White Pine
district In Nevada has furnishsd s;Jvar - {
the value Of a million dollars Sn-;nr 49, I
last six months. In Idaho thoH-
has been diminished bv Sron %
while Ia California the bu.insssT~ Laoouusn.i !
from too much rain. In Al thosu III !
territories the excessive cost OF traSne"
tRtion and provisions has also cbndptoI5 u.
the development Of the mining interaSs '
bat after all, the yield Of 1858 NAV fs;sf. :