Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1871-10-11
FRANCE AND TRADE.
OFFICE OF THE DAILY APPKAL,
TITEanAN nnanhar 10 lNl


FINANCIAL e.
On Madison street to-day, among bankers
and capitalists, the great DIRE IND chicago Wns
the principal topic Of conversation. All were
engaged' more or les, IN reaslns money a Az
Up tor O'Clock s25,O0 had been raised. what
effect this great calamity viii have In financial
Circles cannot be determined for some time
yet. lively business wasdone to-day among
the different IRE insurance parties
Withdrawing nom Eastern cof09aniss shalh-
suring IN home companies The IRE has
already been the means OF causing n decline ia
New York, in the stock market Of from &c 10 &c
in some OF the fancy stoe a. 4 currency Is "a
rateSare unchanged, being lOSl2 per cent Ter
Rnnum, and 2 to ) per cent. per month"; We
have nothing new TO note in exchange, there
4 hetng hut Iiule doing The rate OF discount is
= on New York, and q on other points, and
4 selling at par. In New York, gold has been up
and down, Just owing 10 who was on top, the
1 bulls or bears. Gold here was bought to-dsyRt
ll21s; ll2L being bid. All money interest IS
absorbed IN cotton, hence butgHttle IL doing
Local stocks and securities are dull, but We
hear ONO material decline. County warrants
i are in moderate demand, buying at IS and sell
ing al 81. CITY coupons, past due, are gu ct me
In little demand Old issue, Bank of Tennes-
see, IS to Sc, new, IS &c 4Se, and quiet City
Bonds, Gu rency issue, 59x to &C buying, and
selling at Gle; gold issue, o TO tic Memphis
and ohio shares an ls 70 Ne; nHt mortgages
at % 20 SOci second do, "a to 65c. AsbamR nyes
are quoted at 6S To 7Oc; do. eights, 81 OF TO I %.
Arkansas State warrants, new, buying at u 10
0bc, SKIES, 0 10 DC; seVens, 81 10 DC;
eights, "a 20 &c. Mississippi Central rail
road shares IT lsc 70 lac; for41 mortgage, deal
ale: a q I, SsSo Sc M&sSisufa Sd SShness
see railroad shares are iSc 70 DOC; LIST mortgage
bonds sc 20 Sc; ID do, zoe bid; eonsol dated 3
per cents,Z &c asking. Memphis and Little Rock
railroad shares are nominRlly l0c 70 l2c; do
LIST mortgages, 76c to aSc. Mobile and Ohio
railroad sterling bonds are quoted at SoAc
70 Sc, buying and selling do ex-certs, SIC
to sc; do lights ant, SIC, do I'd 09e
to 6Sc. Arkadsas levee bonds took 8
have quietly subsidized, brokers holding at
"a 70 81. Memphl and Charleston rail-
road stock is quiet via but little IN
quiry; held at SSS1s; Is mortgage bonds,
SGs5c; ID do, 7yaSOc. Mississippi warrants
sSking S&S4c; Mississippi Valley BE 10
Sic. fernando, o. to 65c. Planters and Mer-
skies are quoted al " 1 5cA Nashville lsixes
81 TO 6Jc. Insur nee and bank stocks are
quiet and but little demand. Arkansas State
bonds, Endorsed by the Memphis and Little
Rock railroad, are o5c TO 66c.
Oar special telegram from Nashville on
Monday brought US n report OF Mr.. Sam. Wat
son, trustee OF the Bank Of Tennessee, relative
70 the condition OF that institution, accom-
panied by a joint resolution providing that
Two hundred copies Of same be printed, which
was adopted. The blowing Is an exhibit Of
the means ard liabilities Of Ehe FOgoObsr
/, lSls Means-d;scounted notes and bills,
Sl,E7.5l4 81; notes and bills In suit as per old
bOoks, S4l5,0S y; b lis, checks and not=s Tor
loans madt south, S4ts,6T7 % Southern bank
notes worthless, Sl2,7S4 80; real estate, tol,-
IU W. ~ NNNAHN1 ENN-1@
S!46,SJ5 ~; bond account, Sl62VO0 Tennessee
money, s45S,s55; due from Individual depOs-
itors, SsS327 A.; due from military bonds,
Sis 81 IS; due from state treasurer, 500
iS7 Is: due from eight per cent bOnas, SS,E3,-
o q: due from banks and agents out OF the
state, being good, S60,Uo7 81 schedule OF real
estate belonging 10 bank Is given, estimating
value al Ssl.49. Liabilities October 4 1871 ,capital
stock, $50, W, $50 individual dispositions, Sl6j,-
80. gsJ; due 20 banks out u the state, s7,4s5,S7G
school Iund board, etc. Sl,46S,&5O; school "A
districts, So, 40, rs; certificates Of deposits, S.
Z5,07J; collections, $4,000; sinking fund, S.
57l.jU; fund for purchase OF state bonus,
S7, $40; discount On state bonds, S4,-
EAOyb, commissioner OF sinking fund,
s2U,ss7; State department for internal i'm
prOvemenrs; commissioners, f42y550; rail-
road companies, Tor interest, S44S,SS5 ~; bank
note account, old issue Outstanding, S7O5,6i6 30;
bank note account, new issue, prior 20 bank
ON SOUTH Sl,51S,7lzS bank note account after
the bank went south, Sr1, 90; change note &C
count, slO6, Is %; sum, So,Sd5ySza - These ex-
hibits are followed by explanatory remarks, at
considerable length, one statement Is 20 the
effect that Uwo-Jhinds Of the discounted notes
aud bills mentioned above are worthless.