New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1860-07-17
The Ph,ladeiphia North American says:

Dec. 1888 Dec S6,4ja
Tie ker.O Orleans Pieaynne Of the evening Of July
g r marks:
cc change any kind occurred IN rates that calls for
aba emit increase nocesb 10 the supply Of
either Bspk The street The movement In eI
Ssg hn ncfns IN sheG foreign or doas.c Offering,
at the close Of cuisines. on saardsy but the de
ling III 10 idllol bank rates nolauoi Bills with shipping
docuns nts attached l's0lU9i
The Cincinnati Gozette calls attention to an i'm
D. rant decision by Jud. Leavitt Of the United States
District Cour. Of Onio (concurred in by Judge Nc
Lean) The CbiilicOthe branch of the State Bank Of
Ohio cent $4,000 in commercial bills to Luilow,
cstbier Of the OHIO Life and Trust Company Bank at
New York for C. ecli,n. Lnd W, instead of holding
The Iapsr Till maturity as was his duty sold IL, aud
Ms. the de- Before the bills fell due, the Trust
Con any fail, d. and subsequently the holders OF the
paper, who bought it from Ludlow, sued the Chilli
coihe Bank ndorser the makers Of the bills having
been erjoaed by the Ohio Bank from paying the same
The bills were inc orsed by the cashier Of the Chilli
co,he Bank Credit ny accou ID. Is. Scott, CASH
i.r" Thls the Court decided was sufficient notice TO
third parties that Ludlow had 10 authority " nego-
nate TIE paper and u?oh a' g,ouad ine p nsns
way ss negotiable Taper, the defendants would have
lori their Case Mr. Scotr caution, in this particular
IA, ed bis bank $50 000 and the establishment OF the
principle may prevent III the future great aeai OF
sly ,nlar that pracseo by the bold and reck'
hss Ludlow.
The stockholders Of the Wamsutfa Mills, New Bed
ford held meeting recenty and passed vote to in.
crea.e he capital stock of the corporation $4,000
and 10 bnild mill capable Of running $1,000 spindes
Speaking Of the prospects for crops 10 England, the
Neu-York Slipping LIT ssysi
II T. true that the stocks OF mott kinds OF produce In the prn'
cipa Bth maiktshourh less by about million six hun
drd tn usaud the dste-hsye thus
h. demands ihrm sue u Is not surprising
gns ale higher prices for food AID not the least in
thee The est scarcy Of fodder which .sng tue
pce food such point TO occasion much oi-tIcs
a ops latong classes who holding public meetings 10
butchers altogether until prices are
Tie writers Of the cicuiars Forwarded oy esch
o1 IS 70 tb Yield harvet home authorities Of the
OF The London 1raei appear to
something les OF hesitstion
The fires has doubt judging by present appear
suces the harvest viii be Onth ser than usual aud ben
very deficient quality dst isncy Of at least four n ions
d. e,ipst.d The state oil things Cd
tins IA fan the leather been I'll slo even worse
the vi ID Is likely lie under than TO the ordinary
would be ioerabiy clear, therefore, that
III Rlt draw foreign countries 10
good their deficiency home they will hsve to come into the
markets tie States For that natter indeed Enina
here already but such extent ssto mate nhu
opi or u, weeks however there Il every reason to believe
We shall ave largely augmented demand from aoreaa
ouutfy seldom In better petition 10 meet ina,
the farmers the country merchants the railroads ana
the powneI alike to he congratulated on the prospect
sLesd."