New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1858-10-26
NETWORK DAILY TRIBUNE TUESDAY, OCTOBER s6. 1858

7kc IsGsanaps!i. Ses..tEcl publishes opinion Of
Ju6g- Perkins, rrdercd 70 10 Put an ndiabai Cir
cut Court, N which re de,rrnoes HAT tie note
.susd Nv private bar bark n. Intended 10 c.rcu
l,,e a. money, are vol. Tn Judge rev'e~s the
history Of barking, and decides ia, ,he issue
notes . not natural right, and tia. !. . 10 confe,
with both tie common and statute law.
The Ciacsara;, GG;dte o. Friday says:
Tho money market remains in the same qnie', dun
and sluegsh state WIN activity Of consequence,
srd yery limited demsrd. First class thirty day
ra-sr can he negotiated q, e cent, b., lO9il
I rruat he called II rarge f'r sixty day Inc eN-
cboyoe usrke. has To-, changed essentially, and 70
mains dull al our quotations. iherc y .hh.ei ue-
nand for Orleans which Is very scarce 81 prem.
The Department hos decided that the pags Of Amer
lean Manufacture exported rom the United States,
filed with grain and aiterwsId returned empty, OF eA
ported empty and GfterwaTd importer hheu "''l
grain. will as heretofore, be anitted 70 entry Hes VI
dny upor the production Of the proof Of such oHga
required by law and tie regulations oi 'he psF
melt.
The following synopsis Of decision concerning -
sues Of railway stock i from The Cincinnati CONNER
ciol Of Saturday. Tie principle OF Judge LeaVi,' "
the United States District Court, here established i
sustained in the Courts 20 which will probably De
carried, will be OF great importance to the rsi"Sy
world
rt before the Cor, va. raised he ninth plea
Which s,,. that the Of Directors bad not the power TO
dispose q The share. Of stock Of The Company az less THAI
III, tnse. entered into scheme with III Board q Dire
tors ty hich they should execute g. hiln bond ioI
bi5 for ysar. 70 b. convertible 1900 mares a. ~
Each and n, bond should b. sold 70 pantt for f'|o py,
able call which va ices o. rSS than the par NA' "
Tia s,arse, induced the defendant purchase s.. hundred
.nsr-s Inch he hs fsoissoEy note ou Wnh n o.
Sn c, Ella tia. ,,ek can he crested only by
he
NJ .,s The term stock in the charter before .
taken By 'ub'crTOn ~ an. noihn. NOR. Una P"ei " '
There aie Of stock 70 the plantlh MhSh nau
previously led but attemp. % create he 'oea ana e u
AZ he same time tfsnsaeiion -. Nh.
properly Company, does not Apply 70 the dsPO'H u
b.eTron procured Of heer thousand shares amour ina
. ~ n OF .ese1 hundred and hy Thousand dollar. 20 BE-
- rfhird .s than the par vsirs o. the
ad upon sw sd fra upon other LAO
70 the .ucee.. any enterprre ;ha; The cor
,rbuor. should b. placed upon a. eq.' iooHs II regard % ne
Therefor tae subscription Of the plaintiff made i void
II on f knowieise Of the fact. the defendant s,si
r.. pb", 10 The h,. Il he .:okhcder. PRIOR the 'abcrP
psina 70 have reduced 20 me chafst Si
Thi. would tshe from him nearly euHfo o H''
seyRs done r2,!as psSasS BY s be S aemas me
rer and which is 4, the judgment Of 'he court 'ien'
'' y: a TO aat efi !. 8y,.rsl,a
A. New. Orleans the Money market shows increasing
ease Tie paper Offering outside is quite insufficient
to absorb the surplus means and thus capital - seek
ING other investments such stocks and other secur
tier. The Exchange market swithout material altera
ton. Sterling seems 10 be little weaker, say l0si a
lCsl the range fer clear extending down to l0s bill
oflsdine drafts lO7 Glo7t; Francs, j2j IF. 22i, bu
some were sold at 5f.2ll; sixty days on NewYork
oa23 y cent discount and for bankers, Gel sight
II e cent discount; bank checks, J.