The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1862-06-08
DAILY CIRCULATION OF THE NEW YORK HERALD.



THE SITUATION.
The latest news from General McClellans head
quarters received at the War Department reports
everything quiet in his vicinity. The calm which
precedes the storm is hanging above and around
the grand Army Of the Potomac
From the West the glorious news reaches US
that the Mississippi is clear of the rebels from
Cairo to New Orleans. Memphis is in our posses
sion; Forts Wright and Randolph are evacuated
and held by our troops. General Eaeck sends
despatch to the War Department to the effect that
deserters from the enemy who arrived at Corinth
report that the forts were evacuated on Saturday
Memphis on Sunday. He found the city al
most abandoned by the inhabitants, and many
buildings destroyed. THIS intelligence is
confirmed by the arrival Of the steamer
Platte Valley at Cairo direct from Memphis yes
terday. She reports that the city surrendered
without resistance, and that everything was quiet
there. 1t is not many days ago since the Memphis
papers were more loud in their protestations than
any other rebel journals against surrenderipg to
che Union army. They declared in the most en-
phatic terms that Memphis would never yield. Yet
Memphis is lying quietly to-day under the protec-
ton of the old flag, and the commerce of the
whole Mississippi is opened to the world.
What Halleck and Pope have been accomplish
ing on the river General Mitchell has been finishing
In tl,o ;ctor;or of Tornoaaaa paona+cbas roca;v-
ed from him ut the War Department yesterday,
dsted at Huntsville, Ala, state that General Neg
ley; with a portion of the forces under his
(Mtchel's) command, had driven the rebels under
General Adams from Winchester to Chattanooga,
and, at that place, had utterly routed them and
captured oil their baggage wagons, supplies and
ammunition. Things look bright in the West
The United States gunboat Bcnville arrived at
Philadelphia on Friday night, bringing in tow
flree schooners, which were captured of Charles
ton in attempting to run the Overwhelmingly,
Che La Croilla, Providence and Rebecca-from
Nassau. New Providence, the main entrepot for
rebel vessels. The Bienville reports that the
Union forces were virtually investing Charleston.
q brisk engagement had occurred with the rebel
batteries at Stone Inlet.
General Stevens, with an expedition, went from
Port Royal to Pocotaglio, railway station on the
road between Charleston and Savannah, and tore
mp the track, thus cutting of communication be-
tween those two cities.
MIscELLANEous NEWS.
The North American, from Liverpool Goth and
Londonderry s0th ult., arrived OF Cape Race at
noon yesterday, On route for New York. Her adj
vices are one day later than those brought by the
City Of Washington, published in yesterdays
HERALD. Consols for money were quoted at 93ss.
American securities were unchanged. Cotton and
breadstufs had an upward tendency. The former
had advanced one-quartsr of penny per pound.
Judge NcCunn set down the argument on the
motion to quash the indictments against parties
for violating the Sunday liquor law for Friday, the
10th inst, at 10 o'clock in the Court Of General
Sessions.
The stock market opened weak yesterday but closed
arm ct advance the morning prices. money was
very abundant; call loans 3a4 Exchange max The
bottom market yesterday usual the last day the
week. was less buoyans and active. while prices we're
without change Of moment spnners also inclin Cd
10 hold on until the government on this week.
Tie transactions embraced about 500 bales closing
che basis Of slc. 81 10 per ID. for middng upsnds
Tie -four market steady, especially for common
Brands Of stas and western, while medium grades wsr,
ON. The higher class Of extra grades nrm, whs
clos were made to fair extent. wheat steady o.
e.ly for prime qualities, though not quotably higher
pnls low and modinh grades were irregular and les
active. Corn was firm but sales were less freely made
shns prices unchanged: sales OF new wssterI
oyod made at 45c 49,, and old do at 5oc Sic
Rye was active and firm st s6c CSC for Western. an
VI Tic. Tor State Pork easier, but active at th
coBcession with sales OF mess at s11 rs s11 So
prime a. sea so 90 Sugars steady and prices IN
charged, while the sales embraced about $50 hhds.
chiefly Cuba. Coffee was quiet but steady, while sale
wee oonGaei 10 small lots q Maracaibo, ST. Domngo
RIO and Sainstca freghs wers without change Of mo
ment. Corn sna wheat we're engaged for Liverpool a
s,sd. 3D., n shis bass, ena nour a D. 1td VS. "a.
with sual i9i reported "a. "a II London fou
was pretty freely taken Of -. 71sl - 3D.