The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1861-02-13
Ii wou,a probably have been far above mar

s,och wou,a probably have been far above par
State stocks aere az better to-day. TeEne~secs
adyaDced J manly Oh the news of the trinmpn
OF the Union paiiy ~ The election yrginias J. and
Mssorris W. some state stocks and govern
wents have cone lom Europe FOR sale; but, as
general rule, il i contrary to All experience TO
expect Europeans 10 sell their American stocks
II conse queEce IF the decline. Europeans insa
riahiy sci on rising and buy on a fall
ing market. This afternoon tie market was
strong. ard stocks closed firm, the following
beng the quo'ations:--United States IS (I&). ST
q; Virginia 6's. Is 4; Tennessees, u 70;
Missouri 's, So12 =; Canton, l424 49,; Cum
befiand Coal preferred, IA q 81; Pacific Mail,
g - SO New oak Central. 1sik a q; Erie. 80 a
| -; Jndsoi River. az ~ Harlem, f614 a Il: do
preferred, 49, y, 81 Reading, A u; Michigan
! Central, t1L II; Michigan Southern and
Northern Indiana. lj14 "a; do. guaranteed, 33lI
a -; Panama, n ll5: Illinois Central 10 n;
Galena and Chicago, 1873 a 70: Cleveland and To
edo. "a q ~ Chicago and Rock Island, 5sss "a;
| Chicago, Burlington and Quincy, 7il4 70.
The following was the business Of the Sub. Trea-
| sUry to-day
Receipts. s51o20 co
p.ym.n,s '...'...'.'...,.. 5000 90
ffhhce ,373,9o6 90
IL IS probable that the trial of ex-Secretary
Floyd on charges growing out Of the illegal issue
by him Of acceptanccs to army contractors, will
deNciopc The most astounding frauds ever brought
to light in this country. Mr. Floyd Is said to have
| Issued about six millions Of dollars worth Of
| these aceep'anecs, which were sold in this and
other markets a. very high rates ofinRrest. Some
Of The acceptances are said to have found their
way to Europe What became Of them ultimately
we shall not probably know until the trial takes
! place. Scme, doubtless, were duly met and paid
out Of the appropriations made by Congress Il
is alleged that others were paid ont of the pro-
ceeds Of the bonds stolen from the Interior De
partment; and large portion are still believed.
10 be aloat in the hands of innocent parties The
form Of the acceptances such that no prudent
business man would have been likely to buy them:
sill, from the fact that over six millions are
said to have been put in circulation it clear that
NOT a few capitalists were delpded by the high
sounding title Of the Secretary of War. The trial
viii take high rank among our coases ce'ebres.
The Security Fire Insurance Company has de
clnred ifs nsnal semi annual interest dividend OF
three and a half per cent payable on demand.
The steamer Arizona, from Brazos, with slli 900
in specie, arrived at New Orleans yesterday.
The Chicago Tribune under date Of Friday
evening, romarks:--
Exchange opened easy this morning.. Bankers sold
freely to each oher, ard unwag to pay for float
ing exchange more than bat ,he demand ncreas
ing the aitcrnoon several oi Them free pnyes AZ
6s ald the MAJ ket eosed i'm The selling
for the day has been per cent prsmian. Their.
DO change in the general money market Of the CITY,
Business Is moving along quietly. with abundance or
means n The hands OF bankers TO discount all the leg
mate paper that Offers.
At New Orleans, on Monday evening" February
4, exchange was quoted as follows
The counter for checks New York uniform az
4 discount Outside drawers sold at q Y dseeonnt
down 10 % z discount. Double AL thirty days s'ehs
sold a. q discount; sixty days sight at discount
Ser lngClear bs 1906. and offered very freely at
from that u 10ba, with sales a. 1855 1857 Bills
with documents attached az i04 aud other a: OlM
log and lOS1s me rate on Paris direct, $40 31h
The statements of the Philadelphia banks Tor the