Admissibility of Market Quotations

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Whenever the prevailing price or value of any goods regularly bought and sold in any established commodity market is in issue, reports in official publications or trade journals or in newspapers or periodicals of general circulation published as the reports of such market shall be admissible in evidence. The circumstances of the preparation of such a report may be shown to affect its weight but not its admissibility.

(Code 1933, § 109A-2 - 724, enacted by Ga. L. 1962, p. 156, § 1.)

Law reviews.

- For note, "The Law of Evidence in the Uniform Commercial Code," see 1 Ga. L. Rev. 44 (1966).

JUDICIAL DECISIONS

Cited in Chrysler Credit Corp. v. Cooper, 7 Bankr. 537 (N.D. Ga. 1980).

RESEARCH REFERENCES

Am. Jur. 2d.

- 67A Am. Jur. 2d, Sales, §§ 888, 889.

C.J.S.

- 32A C.J.S., Evidence, § 1003 et seq. 77A C.J.S., Sales, § 369.

U.L.A.

- Uniform Commercial Code (U.L.A.) § 2-724.

ALR.

- Newspapers and trade journals as evidence of market prices or quotations, 43 A.L.R. 1192.


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