p.3 Marine Notes
The Detroit Post says the outlook in coal freight is far worse than that in other trades. The extraordinarily mild winter has caused a large amount of stock to be carried over, and there is literally no prospects of up freights from lower ports. It is quite probable that many crafts will continue to lay up in consequence.
At a meeting of general agents in Buffalo on the 9th inst., at which the Phoenix, Manhattan, Orient, Security, Providence, Washington, Buffalo, Lamar and Merchantile of Cleveland were represented, the following rates for hull insurance for the season of 1878 were adopted: A1 and A2, steam or sail, 5 1/2 for the season, and 5 from May 1st; A2- (dashed), 6 for the season, and 5 1/2 from May 1st; B2, 8 for the season, and 7 20 from May 1st.
Quite a number of grain loaded vessels expect to clear from Chicago next week.