, 1877-04-07
Insurance Against Trustees. Mining Be.
curities on the Stock Exchange.
The Prodmt Markets Somewhat EuIitd.~Prosisians
aud llogs Keak, with Less Doing.
Breadstufs Generally Stronger, Under
Batter Demand.
Wheat More Active and Higher In New
York and Liverpool.
FINANCIAL.

There was deetcaao In the rontne hupfncss OF
the financial situation, though no essential change
In the condition Of the lonn market. Tho demand
for Accommodations IL only moderate. There arc
applications from the country for rcdtscoHnA'
md soma from tho Hoard Of Trade for loans. The
mercantile demand IL light The banks find thc'r
1onnable eurplu8 increasing. The Compfrotict hae
succeeded IN placing all The per cent, cie5 cesta
Gates ho has 70 far offered, aHd has detcFntiuca
now 10 Issue certificates bearing only per cent IN
tcrcst. Rates OF discount wcrc 8dlo per ccnt 10
regular cuAoncrs at the banks; on tho stfcct nasl-
ness Is dull, With Tho samo nominal quotations.
New York cxchsugp was quoted tctwcon banks
nt coGs7ac per 81, 900 premium.
Tho clcarIngs were ~, Zoo. GOO.
FIDELITY INSURANCE.
A bill prepared bJ tho late Gov. washbnrn Of
Massachusetts, fot charter for company to ill.,
enrc against breaches Of trust etc.. n now before
tho Legislature Of that State. The experiment Of
inanrIng persons against losses by brcachea OF
trust ns n7a,nst 1rs anil ahfpwreck has been huc.
ce~efuly tried in Great britain. such companies
have been In operation there for forty years, and
now etand on a recognized footing. and hate be-
come firmly established in Canada. rho pending
bill has been before tho Massachusetts LcgiAatufc
for eovesal terms, Init Ii regarded By tho members
with TINT not nnusual dlsruat With which An ordE'
nary mind regards novelty. The Hoston l4dttr.
fstr strongly Inlotscs tho project, and describes 1t
az folIoHt:
Thc charter proposed By the Ms..nehn,etts company
nac II:
- oy sn s thrt; hS s a @
rS'pensIl.lsJ n any paced at low n.Ixs nc
g @ ss
vtIaou. son:est s"isny eoks aTs slMss.
g.: sd;.s eeyi:ss w. sSSs sSs l.
tssnssas.xs " s.a!: "A ths ssS:s%
u s'ff' 7s HnHsa Il.
en.s .1G fo nc 'n' 's
sPRCuLAT1oNs ABOUT GOULD AND PANAMA..
1t Ia remarkable that Panama met With no buy
ess on tla way from 1.0 down to 50, and the fact
can only 10 explained by tho absoncs Of general
Inherent IN tho stock. Monoy.sendcrs may bo OK.
pccted to DO more particular than ever with stoeks
which hare become, 20 far NJ the market Ii con-
ccrncd. practical monopoly. Tho caao IL, on
FuaIl scale, Just what would happen with Union
1nclfe It the few largo ho1esb Of that stock shoud
happen to loss any OF their present facf5lttca.
Great Interest wAs folt In the street to know what
may follow to-daJ's decline In Panama. hccaueo 1t
IL commonly nssumcd that Gould ID after tho con.
trolling Interest in tho Panama Road for the benefit
Of his Uninn Pacific property. II ho gets whnt he
wants tonight, ray thu spectators. tho market
will at oncs show hona improvement; 1t he does
not, then tho attack on Panama will be continued.
To.moFrow's markct therefore, Is awaited with
mntc than usual curiosity.-Ntlo York World,
<iprli4. ''.'
'bAVINn5-DANK INTEREST.
Tho TruRtecs Of tho uoston Five-Cent sayingt
Itank. al the annual meeting on the I'd inst, rec.
n,nmcn'lcl thnt the INTO Of ordinary Interest to be
laid to 1cliosItprs bo reduced to pcs cent por
nun. with m extra Dividend creEy thrco years
The deposits Of the banks ara now St3, t,3, 004
and the Amount o! Interest 1t hna paid since 1t
Foundation l,at bcen 81. t20. 612.
MlNlNu SECURITIES ON TIE NEW roRK sTocE