Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1872-01-01

The week has witnessed The closest none
market this season. This is not caused, how
ever, by any local cause, for money through
out the country is tight, and, IN fact, il would
seem from all repOrts hat We have had more
than our share, which is owing IN part to the
energy and enterprise Of our banking estab-
ushments. There is this difference also in this
market compared with Others, that while rates
Of discount ave advanced in other markets,
here there has been no advance, and regular
customers have he'd the advantage OF The in
side raIe-l0al2 per cent.
In exchange there has been no change. It
has been steady al x93s on eastern and north
ern cities buying, With an = discount selling.
On New Orleans, L95s buying and par selling.
In gold brokers here pay within q traction OF
New York, which market opened yesterday
at 1851, and chDSed quiet at botsglUa.
Loans were from ) u down to- per cent for
carrying. Clearing=, about S59,00J,toO.
h l. cal stock and security market the past
week has ruled inactive. There have been
g bear" and /" bulls" in the market for Ar
kansas levee bonds and Memphis and Little
Rock railroad stock, but with the exception of
a sale yesterday OF the former at E5ac, but
little or nothing has been done. Other securi-
ties, stocks and shares have been remarkably
quiet, neither advancing nor decln-
money are purchased at IS IOr the former, and
50 for latter. AlCOrn money Is sold at
S7lGSS. City securities are held firmly al
5gfa for the currency bonds and 6964 for the
gold issue County warrants are strong at 81
as, buying and selling. Memphis and
Charleston IS worth 4ogil, and some
Yesterday in New York-The money market
during the forenoon was tight at 3 per cent.
per day, bat later was loaned at : per cent.
gold.
Southern State Secu1ties-The market was
duh and lower for TenneSsees. MissOuris were
firm, and South CarOinas, new steady. The
closing quotations We're:
Harnesses, old 10 Missouria gSH
Nirginias, old. o. n. CarOlnas, new 10
Nirg.nias, new 80 Gold ..--..--.-----l01
Late in the afternoon there was a great deal
Of Excitement the gold room, owing to the
mi OF the board, who was a large seller OF
stocks. The member says he is perfectly sol
vent, and that this has occurred through some
awkward mistake.
order dissoivtng the Atlantic insurance COM
pany, Of Brooklyn; the Manhattan, Of New
York, and tie Security, Of New York, on ap-
picat1on OF tire receiver.
NATIONAL FINANCES.
WASHINGTON, December 2g.-The total
amount OF United Sta'es currency of au kinds
outstanding at this date is e99,Z74,l74.
The public debt statement for the present
month viii not be issued until Tuesday, jan
uary Sd.
The treasurer of the United States, MI. Spin
ner, gives notice that after January ], 1872, the
existing rules governing the red mption of all
kinds of paper money now o. hereafter re-
deemable at the treasury OF the United States,
viii be changed 50 as 10 read az blows:
!. m OF q note, co sututtng less
than one-half, win not be redeemed at al, I'M
less on clear and satisfactory proof OF the total
destruction OF the missing part.
2. An entirety OF less than nve-eights of q
note, and being clearly half a note will be
at half the face value Of a whole
note.
s. An entire piece, constituting dve-eights
OF a note, viii be redeemed at its full face
value.
Bonds I'm New York.
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