New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1857-12-11
banks compare as follows |:
The foregoing figures show the changes during the
quarter TO have been:
G 81. Pdul WtnneSOtiaH says:


The 81 Paul linnesOtiaa says:
"The st. Paul bankers have not escaped the disas-
tiers that have been met by bankers throughout the
cour try in the recent financial crisis. Five OF our
bsukers lost their New-York correspondents, three
III cir St Louis three their Chcego, one its Boston and
Galena ard one IFS New-York Dubuque aud ST. Louis
correspondents. Two lost both of their New. York and
Chicago correspondents, and two their New YORK and
ST. Lonis and one, within a few weeks, their New
York, Boston, Galena and St. Louis correspondents
single bouse in St. Paul had $40 GOO deposited in
the Ohio Life and Trust Company, which AMOUNT was
sold at Ices Of $4,000. At one time not less than
$4,000 of money belonging to St. Paul bankers was
either lost or rendered unavailable by the failure OF
Eastern correspondence The ultimate loss OF st: Pau
bsnkers by their correspondents is thought no' TO e1
coed $50, 600. .
"The merchants of ST. Paul, as a class, in spite of
the gency of matters have done their bst
TO pay their debts the reports prevalent at Chicago
body, repudstsd, and that the lawyers, in body:
have refused to enforce collection, are untrue and
without a shadow of foundation. Most of the notes
made by our merchants in the East are drawn with
exchange. Not few OF our merchants paid per
cent premium for exchange, in order to save their
credit. The bankers generally will bear witness to
this fact and the amount Of currency sent East weekly
by the Express Company will substantate the same
also viii the testimony OF Eastern Jobbers " the
promptness Of our leading merchants"
The Clereland Herald of Saturday reports decision
of much importance to mercantile men, rendered in
the United States Court by Judge Wilson, in that city
the day previous. A year ago last June I. Wilson
sold to the sger ts of Fzhue Lttlejohn of Oswego
quantity Of wheat lying in an elevator at Cleveland
The purchase msney was paid, and an order for the
delivery Of the wheat given. On the night after the
order was given, and previous to It's being weighed
out for Shipment the elevator took fire and the whsat
was entirely consumed. Notice had been given by
the seller to the buyer at the time Of SALE that in
surance had been effected The question between the
parties now turned on whether the wheat was sold
free board" or not the purchaser contendng such
was portion Of the terms Of sale, while the seller
denied any mentiob being made of such agreement.
suit was brought for the recovery of the money by
the purchasers. Judge Wilson charged the Jury that
the question to be considered was whether the wheat
had actually been delivered to the purchaser. The
fact of the money being paid and the warehouse order
for the delivery being given did not suffice. The
article must have been actually weighed out to the
purchaser before delivery could have been legally
Elected. 1t not being oOntended by the defendant
Il at this had been DONE the Jury returned verdict
for the plaintiff for 81 907 90, with interest from the
I'D Of June 1856.