New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1861-07-25
The Boslon Pnsi saYa:

Inc B0Sfo1 kSSt eays
T. New-York activity developed kindred feeling
In State street. where many leading stocks baye gradu
ally become scarce, the recent es al low Pi es nav
Ing been forced Ones for the most part. On ncay
AMI Saturday there was decidedly better feeling
about the beet Coppers, and Minnesota, Gill; Nai nai
and Quincy improved considerably. Ingot copper IS
betterit 10 now quoted ut Is cents. We learn that
shipments 10 India have netted equal 10 20 cents
here Experts think that 20 cents Is likely TO be the
current price in this market II so every inning STOCK
named above is cheap; and 10 this list should add
tho P.wabic Franklin, and Rockland. Even az Il /
ents we believe it can be established that the Quiocy,
pewabic, National, and Franklin can make money AZ
leo tuDs VI ingots 2 month"; and at ~ cents 10,
have good authority for stating that the Quincy"
can net 100000 y annum; aid similar Statements,
doubtless. correct of other mines. From preseGt
appearances, copper has sen its wort days. though
we know OF no reason, inst yet, for large advance
Eastern and Wilmington and well
heldtEe Latter particularly 20. Tie business from
Government much than offsefs the loss Of the
Southern travel, which, told, was worth
more thao sl5O,ON snnum. The road Is now doing
ssplendid businsss ut good profit.
At Philadelphia IN money matters there is no no.
tcesbe change capital is abundant on eal at 4a5
cent Y annum when the security is ample, and pr ne
paper scarce and wanted at y cent.
The Cincinnati gazette Gays:
TIE aspect ostLe Money market on SATURDAY wa
unchanged. The demand for loans was moderate. and
sll the acceptable paper ofeei WAS taken freely q,
iOG2 cent. The supply Of currency now In 1hifd
street, would, in ordinary times, be- inadequate, out
1t Is at present equal 10 the wants Of the city, though
it is sonewhaI unequally distributed, some OF the
houses complaining of scarcity, while others have
more than they need. ExcDsDg. il dull, and some OF
tie holses to-sy refused 10 pay over par their New
York balances at present beiug inconveIeniiy large
while there il tut Lit 10 prospect Tor an ul rVVeo Ut
rsnd. Other dealers, however, paid !. The selling
rate was n0u.idaly 4.
A, Chicago Exchange is quiet at ioi premium for
currency, and ia v cen, discount for coin.
The Chicago Tribune has the following abstract Of
decision rendered by Judge Mannerre in the Creu.
Court Of Cook County in the case OF Siyerman w.
Rosenberg & Rosenieldt. TIE plaintiff us banker
receiVedto deposits OF R. & r.. the parties having
signed the mutual agreement to receive and pay out tne
bib OF our Illinois banks SO currency. "S'umpta"
died however aud these depositors brought suit in the
Circuit Court against Mr.. Silyerman for balance Of
their account with him. The banker fled his bill in
The Chaneery side Of the Court to enjon Messrs. r.
n K from fu ther proceeding In III ,r suit. The ques
ton of vital interest 10 large share of the busln
community 10 the right Of bankers 10 pay over "ke
funds' or currency, or coin, cane up on demurrer,
aud called out the opinion OF the Court. Tie sub
stant.al points decided by the opinion are:
lt. That where deposits made with banker
UPON the express understanding and agreement that
the amount shall be repaid in certain kid Of depre
c'ted bank BOter, tina. in that banker l. liza
bic for the value Of the paper in which he agreed to
pay, without regard u the value OF the bils actually
Deposited consequently in such has right 70
deund Of such value with view 20 reduce
Ii, iapili'y either at law or in e. it,.
,. Tai an agreement for the delivery or payment
OF deprecl,ted bank bulls in substance like agree
ment Tor the sale Of stool goods, and court OF
equity will not tske uis tion OF it for the Of
specific In the absence Of special cireum-
stances calling tie eAer,ie VI such jurisdiction TO
prevent h.ilure Of Justice
d. Thai tue relation az q bopksr with his customers
Is siuply uf debtor aud crecitor; that ordinarily
The law implies agrteu eot 70 pay current fund.- on
demand for all moneys received ano cre9ied In the
usual course OF his business though parties may deal
" th each other upon different basis, and Whenever
ey do 20 law will respect and enforce their agree
nent.
Thompson Brothers quote Currency and Specie to-
day rs follows: