Daily Democrat and news. [volume] (Davenport, Iowa) 1859-1864, 1862-07-12
From New York.

NEW York, July 10.
The Erpress saws Try goods importers decline "a
mako sales except in sm all quantities, and credits
are to end until prices OF exchange will allow
them to know what goods are worth. Exchange
is quoted at l,29 l-2
New YoRK, July IL:
The Tribune says the Presidsn. returned to
Washington last evening. Nothing official has
transplrsd ss to his action while with Gen. Nc.
Clellan. Our lette from f. Monroe says he wen,
to see tor himself, and learn what changes if any
were needed, and that Ill las going on sstisfact.
| ory. The troops we're we'll rested and ready ia
engage in another fight. The new position va.
imPregnable, and tao road to Richmond, 10 miles
BY land. were dry and favorable.
The Burnside reinforcemenn have ali eone mn
the river, They are in 6as health and spirits
eplendidly disciplined and Offered. Burnside il
an intimate friend Of Mcclellan, and will be ne1t
in command.
Another correspondent learas that on the arriv-
.! OF the President at Harrison Landing, Gen Nc
Clelan and several other Generals, visited him on
board, after which the President ana Gen. Nc
elan had private conference for about half an
hour when they proceeded in an ambulance to the
headquarters Of Gen. Sumner. when they took
horses and visited the entertainments. The Pres
ident addressed the soldiers he said he had come
to see for himself and to know the situation of af
fairs, and that he should 60 back satisfied Ii was
said they had been whipped, it Was not and
never would be, he knew the men he saw around
him would prove equal to the task before them,
never giving UP without going into Richmond. He
had been unable to sleep for anxiety, but after
what he had seen and heard, should 60 back to
Washington satis6ei that it was all rgh. with the
Army OF the Potouac. He declared bis confd ence
in the army and in Its commander, ana all the men
and officers were alike deserving the confidence Of
the county.
The party continued their ride along the lines,
ov,I AZ Qf,c inok tnf fhon l.
quarters after having been in the saddle hours
On Wednesday morning, after conference at
headquarters the President started on his return
Advices from Hilton Head to the 9Th. state that
several Of our gunboats had been engaged for sew
eral days in making reconnaissance of the Saptee
and Trachenow rivers, and tho result had proved
important. Several small vessels, inclu ling .
steam tug, had been captured, besides numerous
fat boats laden with rics. The negroes, on the
appearance Of the gunboats, came in troops to
claim protection, and they were taken of, seme
600 In number.
company Of rebel guerrillas. On tho morning
Of the 4,h, made q foray upon Piackney Islaod,
and killed two Of our piekets and captured two
others. The rebels had also msie dem onstra
tion at Port Royal ferry, which did not result in
| any damage. They were soon driven of.
[aerlld Special.
The President is satisfied that affairs on the
Peninsula are in much better condition than have
been reported. tie gives credit TO Gen. Mcclellan
tor having in no way exaggerated facts. lie has
seen for himself the necessity for reinforcements
aai returns with the conviction that Mcclellan is
in his proper position that the army is devoted
to him and full of confidence in his ability, ana
that all he requires will shall be done With out
delay.
The rebel prisoners shipped aboard the Baltic
are to be taken to Pea Patch Island, where some
hundred were sent few days ago.
1t is stated that Burnside ha. all his command
and 9th NJ Massachusetts,, left at Newberne.
Adviccs from the army Of the Potoma &c state the
rebels are encamped all the way from Malvern
Hill to Richmond, and are being largely reinforced
Stonewell Jackson is on the south side Of James
River.
Senator Harlan's wife is going to Harrison
Landing to take charge Of our sick and wounded
soldiers.