The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1861-10-15

worth q dozen battles TO the national cause; IL af.
| lords substantial evidence that the people have
recovered faith in their gosernmert; it is warn
ing to the rebels that the wealth aid the intelli-
gencc of the North are confident Of the result; il
is hint to Europe that the United States govern
! ment is not defunct, and that the Union has not
collapsed. In al probability the FIRST victory won
by the United States will put these skies
up 10 par, and then all Europe will
be wanting them. There are only about
seventeen millions of them altogether a large pro
portion Of which are held in Europe already, and
the bulk of the remainder in large lots by wealthy
houses here. The advance in governments const-
tnted substantial basis for rise in all other Sc
cu-ties, and we report accordingly buoyant mar
ket, and quotations universally higher. The largest
advance of the day was in Rock Island, which rose
2la per cent. Quincy, Michigan Central and Pacific
Mail each per cent; guaranteed, Illinois Cen
trail and Erie, IA; Toledo, |; Galena, Il; Michigan
| Southern old, "a; Hudson, 9s New York Central,
| %; and other railway shares in proportion. Among
the State stocks the only activity was in Mssours.
which rose per cent with heavy sales. Bank
stocks were in demand at better prices, and so
were railway bonds the better classes of which
are scarce. At the second board the market was
not buoyant as in the morning, but stocks
closed steady, the following being the last quota
tons United States 6's, registered. 1881, IS
a 951H; United States 6's, coupon, 1851, 954 q
96; United States SIS, 1874, 81 a S414; In
diana SIS, rs a so; Virginia 6's, AZ AK;
Tennessee G's, 421s 42s4; North Carolina 6's,
60Ia 81 Missouri 6's, 44sss at1s; Pacific Mail,
9414 9i1a New York Central, 1871 70; Erie, 321I
a 32'4; do. preferred, 4s111 40; Hudson River,
a7l4 371s; Harlem, l2Ts IS: do. preferred,
30Ia 81; Reading, 36s 364 Michigan Central,
4oIa so; Michigan Southern and Northern In
diana, 10 1875; do. guaranteed 401 40las; Pa
mama, lis 4 1854; Illinois Central, 6s u Gs14;
Galena and Chicago, II 7l4 Cleveland and
Toledo, 3s 3s1S; Chicago and Rock Island, 5l11.,
5I54 Chicago Burlington and Quincy, Sc u 661a;
Delaware, Lackawana and Western, 68 72; Mil
waukec and Prairie du Chen, 1879 10; Illinois
Central bonds, rs, SO s9L.
This has been u very active day at the Sub rei.-
sury and among the agents. The amounts received
at the Sub Treasury and at the several agencies in
this city from the people for subscriptions to the
popular loan exceed o million of dollars. OF this
Messrs. W. al. O'Bren John. % Brien, agenD re-
ceived sll5, 900; Messrs. l.vermorc, Clews Mason
paid in s250,000 in six per cent Treasury notes.
Besides this the sub-Treasurer received this morn
ing over half million from out Of town agents,
including s25O0O0 from Pittsburg Pa. At this
rate, it will not be necessary for the easurcr
to call upon the banks for any more instruments for
some time to come, though these institutions are
likely to insist on getting the third fifty millions on
18th December. Mr. Cisco repaid the banks
1858 $50 this morning ON account Of popular sub
scrptions. About $50 GOO have been subscribed
Nj lxl.a