, 1875-12-22
Tho City Demand slight'''1lore Cur.
re1lcy to tho Country.
Tie Produce Mnrkets Moro AniMatcd-.'
Provisions Stcady.
An Important Advance in Wheat--'
Corn Dull.
FINANCIAL,

Ee,n IN The lltsa volume Of irats nred for M colli7-
t,s account. tnens E1ao Thirty aud sixty days nEn
mr. received whrn tllry fall tl'te ins.rah ot hiring
rail- sud tl4r greatest rhsra Of Tho daily discount
operations Of tho l,ank8 IL with trlF Chilli
trr correspondents. Tho packers Arn making their
1afrr ~ gradually iNcrGasng quantities. II IN re-
r,t.]ed un chorr a,t aken y tho aiis 1t favnrablo
laes. 1lc mercantile demand IA light en,al acroin-
nnlat'niH tnugh fur to make annual fctil'nnff
l1,d 1nae good tEc failure nf cacrfonH which lare
u,cr somewhat i.rcdr by tho weather and tic
it,n Ct The e,,,lnry roads. Manufacturers and rail-
:un pnler IL also Ii, tie Market Tho latter for the rur
sh1ac os hurrlie~, but tt IL mt III 1argo amounts.
,.e, nf discount ar tt3 10 pr cen. at t'e bats to
sallrr tustoncrs. Ilteru In se,y little Anflna at tho
.ul,nland OF independent borrowers. but wh0 have
iold 1t CURLY yet inside rates for short aIns.
TN The street there Is only moderlte volume of
aH iuess. 1tsteH arc 'aa II per s0t.
New YnEk Lxchange wrpi, and sold between
saHls ut la tesl .oU discount 1Atw'rn banks,
The orders from tho country for currency w4s
xr4Hr.
Ii,r bank rltatinga wtfe f',100hco.
-IA3dE IN THE LAW Of HANK LiADlLfTf foH
CllEcMs DEraSiF.U.
The liability u hank fvr rhrrk t ssef drawnw
,c customer md accepted IN tic deInRt pf nnnthes
nuw contrattictnrily regarded BY tho courts.
tntA recently, the Law stn.1 un4aeatiehed
:Lat tank trccltfr? tas't d" chrck cfftt-
3vL to its 1cnu'sn ntss ~ Tar hs to htop
Itself from sui 8nqnt:ly ralttrH asy question
wi1, regard TO !ts validity The supreme cnllFt of
California ss recently glvon deelsi'li nntasouis'io
"a tpis rr!nrlje, a. a hccn hnup previously Ivy the
surrcI1c Court Of Pennsylvania. Thrsn 1trhioIa arn
oe.iey.a 10 Indicate tile drift Of IL1rnl op1tnu. This
rJscsaduws lie general AccctlRnof fle dncisne TINT
! lanE receiving = deposit ii check drawn
u7on Itself receives 1t not ts cash deposit,
Int for the purpofrs Of er!!e-tson, anA that
lie 1,nk, by rccclvng It nni entering
II In tie assbook sf this ''rpo.itor, ors not rrrise
i,Plr " tie right subsequently to question tte cheek
a1tl return It, II It lc not naap Bnoa lr!nfo shn rlusc
Of anking luurr. Thv Pennsylvania case wa- that of
l!c lnton National na1l "a. T. s. rc,cfson 4 Co.. md
tat t California was that Of tho Satlonat uo!d Bank
MrIHsla. The ca,ts arc sufficiently described by
il rcfcrtnccs above made 10 the point 1t iks,lr
Tho >asia1ee between the established LAW anil thr
til rlsol!4 will be readily understood anL jnttitlel
when tbs vaaEre Of The ol ai ucw usage IL pointed
put. In tho oil ays tic Cashier If tho nnk tho
rrpr5ss nn.isu Vt tho Lank II its rlstuutrs !1o
scyrl the DEF o4a. paid tAo tlc X, ana Kept himself
f;ly lnfrs,cI IT tho r,Aitlai Hf nh thr accounts
lcpt with The hank. S.,aaAya te Cashier attt la tu
,l.oty lMlns.nt !,,lt Lss uctisn ducs There
:ry:ngt. AMI u, illt.Htrs to ttlIr,s fllilc-
h. M ,letl in the Cashier. Custom llas limited
tlIo slu!ir, ulnl .lusles Ut The r1cesingtrltsr
Hu lattr4 uufy ,Ilt,n tas manner and IartA Of
L slr1s,sit; Its esscntia Ec1luineuesa s tees not
l,sr 10 dccle. An all catrt.ue Of t1ls me may
'''s t"47 ''o' - 80 ~ "7'e 81 s' "-,
h"Filtt lWf hoitrf, wIth laEEc amount 81 HfnaA
bill. il nTnrel l3 ,lrpus!tnr, tuthEc II ut tbs amnallt
b. .lancs, I'ace strap REoul 1t wt Its n9uo On II,
ster the osot.nt to Lis rrc aud II aEy dcacts IL
t,',,nl. bad bills discovered III II, npun tnnrt
Iesssry ro.t 10 4all ui'on HIM to hlEkc tho deposit
rrl In ltA lcrr acCis,e thpref,rc tt tia 1ucatto
'.r ,.,i " ,I r ,. H. :, tt1 H., i
~ W. 4s.' s' A. ~, ~, '"ss~s .,u -"
=! l'Is u exrnnyr, to leriantc In 3ners1l lge.
TAXATION IN PHILADELPHIA.
NJ" ,nfh' hossol'. anu lh''1u' slal', aeeos'h9 10
wv "'+'A ~ "a" !',' ,'.n :" o"'au"s.s "
a"rF aAe' sian ~ 1se "'4'"",s sn sH't naatast'a'
ny ~ 'f"rt's ~ 'i'e "'''la 1tc'" in''auern1a
s hA'''' - lrf .eL'' ~ ioi''a''o s'"'e l'o a''a
!'.', "n'o ~, sh''.." uas hs'"n a't If .ent; 'r
.n' .s ~" ~, o~" n' ~ " nv .''a-
A'pA'' '""f' 4"o's t''''"'eo' ~ "'7"'.'F'u wy
"'Fta'A a"t4t. taS'ns 'ne ASeraao ~ 'Ae caeea q
t'of'o"' inauf.pt'a' NJ" ~" autA, .!e 'a'e8 AaSc
'FeaAeu 'Ia' to"ttol, aln 1ao fopa1aon only ono
Hs'ee''n ~ 'a"en IN 's'a't''' ............
TIE usi'uo""s "Hp TIE pULLsI.9S !" NEW HuhK.
Hs9fesa III Nc" YORK lass ~cek sas est ''Ei'1er Than
aeual. acc'faia I" thu review of tlle week In the
eaAnciA4 eo'uh'h ai tuo ne" AUX HtTaH
The movements of sfola from 'lie Interior ahow a
,t ~ ~ H.. 81 ~ ""E VI ~ II :, ' ~, ] aaGe % aseu.
flt anil to tlccfjtlc Ii, PRICES Thu inter 1nt,tt IL
roishlrr, favorable feature II this eclinr wcru snI.
syf 10 ssart ~ s1loFt lnsensEt hnt ~ luDY as y
H. o5.iyc "nn ~ ~ ,,rn1trra aaset
n,.a afc fill Tie ,uct cIants Of ihis ci,Y hnys ea,i
uyl iii fbe aort Of way to n,sitatc ths tnbJctt Of
ra,rna ',t'sr1''ati'n nEaisi ssM S"Ik W taf Il"
@ .ns ~! ~ Hwy ~ .! w WGsx ~off haa
r,cscntaiiu 10 Iu IT commuujraiion sct,inu % furtb
Il Ef:nt2ntts In which forsr.l to submit What
G en,is =, ~, t1'et tnr Mayor TO o. Of what ioser
ntnm. ~ 1'"''''' "''' "'' 'itea' ~ NV eo'"l'au''
|yu. trouh1A !. IL, tho Mas vo.,< ,,.,,,,.,,.
.ontrryat,c ,ud .t,,~, ,,,,r,i. ,,o s,,, H. ,..
..lsr,n,n,n.a ,o,n,,nitv .,,,a ,.., ho "! 90, 80
,,t, ,,Lito tn, h,. H.. ,,.r..nt.,s. - IT, ~ ,