727. Depreciation by delay.

An ordinary consequence of delay is a diminution in value, and therefore the difference between the value of the goods when they ought to have been delivered and their value at the actual time of delivery may as a rule be recovered1. Accordingly, when there is a regular market for the goods, and the price falls in this interval of time, the difference between the market price at the time of actual delivery and the market price at the time when the goods ought to have been delivered is recoverable as damages2.