The New York herald., 1862-11-05


THE SITUATION.
Our army is making rapid advances into the diff
ferent Gaps of the Blue Ridge heretofore held by
the rebels, and we now in possession Of all the
Gaps as far as Ashby's, our forced being in front
of that position. Yesterday General Stahel, with
a portion of Sigel's command drove the enemy
out of Thoroughfare Gap. and General Carl
'Schurz Immediately occupied it. General
Bayard's force meantime holds Aldee and all the
country between that point and Sigels front.
Buckland Mills is also in our possession. Thus the
rebels are pretty closely outfanked, hemmed in,
and cut of from Richmond. Gen. Mcclellan is
fifty miles nearer the rebel capital thar Gen. Lees
army, and vigorous movcment-protected of
course, by cautious attention to his rear-!nay
st any moment put him in possession of that place.
So faf our armies are progressing towards q
termination of this disastrous rebellion, and now
that the result of the cl, elton in this State--fol
lowing upon that of the elections in Ohio In
diana AMI Pennsylvania has given . dead
ly blow 70 the obstructionists and radicals who
would postpone the termination Of the war
to an indefinite period for their own base ends,
may look for a speedy advance, a substantial VIC
tory the utter humiliation of the rebellion, and
the vindication of that vigorous war policy which
the people have always demanded, and the pro.
gress Of which the ultra abolitionists have been
retardng.
Amongst the most melancholy portion of our
war news to-day is the announcement Of the death
Of two of our brave generals--O. NJ. Mitchell and
J. B. Richardson. The former died at Beaufort Of
ardson died ofthe wounds received .. the battle
of Antietam at Sharpsburg on Monday night. We
give sketches Of both these gallant officers to-day.
Their loss will severely felt by the army and the
country.
Some of the rebel cavalry made an attack On
our pickets near Bolivar Heights yesterday. and
captured three Of them whom they sent to Charles
town. The rebels were observed in some force
yesterday between Charlestown and the river.
MISCELLANEOUS NEWS.
General Banks, in a few remarks which he made
from the platform of a railroad car in Boston on
Saturday night last said the approaching winter
was not to be lost il naction. The governme ent
was determined now to put forth its strength Nu-
merous expeditions were on foot that could not,
II vigorously pressed, but be fatal to the revolted
States.
Since the decision declaring the law of Congress
forbiding the issue Of small change currency by
private parties UNCONSTITUTIONAL the business has
been largely goae ints in some parts Of the West
The principal merchants in Lafayette, Indiana,
have entered into an agreement not to take shin
planters other than those for which the govern
ment is responsible.
The second edition of the draft In Connecticut,
wkich was TO have taken place to-day, has been
postponed until the 18th instant
John Mawn, q private in the Sixteenth British
-.yiinsnt, was hang in Montreal, Canada, on the
:,]st ult., for the murder Of Sergeant Edward
Quinn, Of the same regiment.
Tho stock market better yesterday, and prices
gcuerally per cent higher, though the amount
Of business transacted was small. Money was easy 70
god borrowers at per cent. cold to l32k but AZ
terwsrds fell or aud closed At 1919 bid Exchange
at one time worth lac nrsi class bankers the
close is5x az the best price.
The usrket beef ,atte was about the las
week thoueh sales greatly retarded by combina
ton part Of the wholesale butchers 70 refuse 70
pay the government OF soc. per head or In other
words, buy only Of those who would deduct the tax
from sales which the brokers strenueusy opposed
The receipts heavy, which also had tendency tc
gretard business. The range Of prices was 5Kc
sxc. q co.. but the bulk Of the offerings were
placed at 7c. Q Sc. Mich cows were steady G s2s
a $40 a $50. veas were quiet at &c. q &c. . eye.
the latter extreme rate. Sheep and lambs gene
ally quoted Csc. per head better; but our reporter
ound the quotations TO be about the last wock
viz from ~ 10 q - so 30. Swine larg.
supply and q shade lower We quote heavy fed al
axe. A4Xc, poor DO. at axe alXc., and still fed a
sxc. 20. The total receipts were 6s67 bscvcs, 1ol
cows, 7e1 veAs. s,oIs sbeep aud lambs, and al,o12
swim.
1he cotton market was somewhat nrmer and more
sctve yesterday 800 bales having found buyers on
.ss o. esc soKc for middllug up.snds Brosdstuns
brisker, aud In most instances higher Groceries
sactive, but staly hela. Metals were in good re.
ere likewise hay, hops, taiIow hides, lea.
q and petroleum oils, at buoyaut prices.
Vemenn were reported.