The Waco daily examiner. [volume] (Waco, Tex.) 187?-1888, 1881-11-26
THE LOCAL PRODUCE MARKET.
LIABILITIES OF COMMON cARRIER.

The United States supreme court
has rendered an opinion of great i'm
portance to all railroads, fast freight
lines and shippers of goods, in the case
of the st. Louis insurance company VS..
The st. Louis, Vandalia, Terre Haute
and Indianapolis railroad company.
This was a suit brought by the st.
Louis insurance company, assignee OF
Meir X Co, to recover the value of ce' =
tain cotton shipped at st. Louis in 1873
for Liverpool, under agreements be-
tween Meir Il Co and the fast freight
line known as the Erie and Pacific
Dispatch. The cotton was shipped by
the Dispatch over the Fandalia line,
thence over the liCes of the Pittsburg,
Cincinnati and st. Louis, the Atlantic
and Great Western and the Erie rail-
road company. 1t was burned at Jer-
sey City, while in the custody
of the Erie railroad. The Wanda
liza line did not execute the bill OF
lading, but way-billed the freight from
ST Louis to indianapolis, and there
delivered in good order to the Pitts
burg, Cincinnati and st. Louis com
pany. The main question presented
by the case is whether the Van dalia
line was responsible for the safety of
the cotton after its delivery to another
carrier. Its liability was asserted by
the owners of the property in question
upon the ground that it and other rail
roads had an arrangement with the
Erie and Pacific Dispatch, and with
each other, whereby a through rate
was established for the whole route
Such an arrangement, it was cOntended
made the railroad companies partners
as to third persons. This court does
not decide whether the Vandalia
line could or could not take the
! the bill Of lading given by the Erie and
| Pacific Dispatch to Meir & Co, but as
sumes, for the purpose of discussion
that Meir & Co. were not bound undel
proof by any special terms which tina
instrument contained. The court theI
holds that mere decision established
through rates by the railroads among
themselves on the basis of distanc
only. Each road bearing the expense
of its own route, and of transportation
over it, is not of itself sufficient t
make these roads partners or to bin
any one OF them, as by special con
tract, to transport the cotton beyond ii
own line The Erie and Pacific Dis
patch is liable under its contri cts fc
the safety of the cotton on the Who'll
route, but each railroad is responsible
only for its own negligence. The judG
ment of the circuit court is affirme
with COSTS.
NEW YORK NOTES.
A correspondent writing from Ne
York under recent date says: "Cotto
was very quiet to-day. Those wishin
to buy at lower figures were markin
up crop estimates above 100000, an
even free talk of this kind has i
effect for the moment. 1t is noted TIL
none of the big guns care to sell IL
market particularly short, and it is ais
a fact that seven-eighths of the e.
change believe in higher prices. A
vices received here assert that there
considerable feeling in Galveston b
cause The Gould roads are carrying CO
ton from Texas TO st. Louis as cheap
as 1t Is taken to Galveston"
THE LUMBER MARKET.
Since our last quotations shingl
have addvanced 25c per NJ. A liber
discount to the trade is made fro
these quotations:
First class rough lumber, per NJ. .S22
Second class boards and strips,
per NJ. II
First class 7s-inch dressed floor
ing, per M................. q
Second class 7s-inch dressed
flooring, per NJ ..,.-....,.,.. -