The New York herald., 1862-07-28

Orleans Tor the North, IL partaHy ihcorteoh ~
last accounts he had entirely recovered, and was
in good health and spirits.
Three steamboats, arrived at Louisville on the
2sd instant, from the Mississippi river, with one
thousand one hundred and eighty-two bales Of
cotton.
During four days, from the 18th to the 18th
instant, there arrived in New Orleans, by way OF
the river and in coastng vessels, one thousand five
hundred and fifty hogsheads of sugar, and nine
hundred and four bales of cotton.
grand State war meeting is to be held In
Milwaukee, Wisconsin, on the 3lst inst.
The Chamber Of Commerce of Milwaukee have
subscribed twelve thousand dollars in aid of en-
hstments.
Senator Chandler, Of Michigan, proposes to
raise regiment and take the command himself.
If be should be ordered to the Potomac, General
Mcclellan viii probably place him in position
where he can enjoy a Z" little blood-letting"
The new comet discovered by Mr.. Tutte, at the
observatory Of Harvard College. is rapidly ap-
preaching the earth, and will be visible in the lat
ter part of August.
Chemung county, in this State, has raised her
full quota of the new levy, and the muster rolls
have been received at the Adjutant Generals Of
fee In Albany.
We publish elsewhere in our columns this
morning accounts of the proceedings during COM
mencement week at Union and Hamilton col
leges in this State, with the names Of the gradu-
ating classes, and description Of the very inte-
resting exercises that always mark these literary
anniversaries. Before the literary societies OF
Union College the Hon. Daniel S. Dickinson deli
vered, on the 22d inst, an eloquent and powerful
address on the Rebellion, its Causes and its Re.
medy,n synopsis Of which will be found in our
report.
The Board Of Excise held its forty-seventh ses-
sion on Friday last and adjourned to Friday next,
the lst Of August. The number of licenses granted
up to this date is eos, being the largest num-
Der granted in any year up to the correspond
ing season. The reason why SO many of the re-
spectacle liquor dealers have applied for license is
that they have availsd themselves Of Supervisor
Roches resolution which provides that all persons
who have been sued for violations Of the Excise
law may have the proceedings discontinued by
obtaining license. Over five hundred arrests were
made last week, and the police have large num-
Der of warrants in their possession and expect to
arrest several this week. they are determined to
enforce the Excise law.
letter from the Hon. George Opdyke, Mayor
of this city, given elsewhere, requests that the
flags on all public buildings and all vessels in port
be raised to-day at halfmast, in respect to the
memory Of ex- President Van Buren,, whose funeral
will take place at Kinderhook at one o'clock this
afternoon.
The remains Of Lieutenant De Kay, brought by
the steamer Fulton from New Orleans, were pri-
vately inferred on Saturday, at Hampstead, Long
Island, in tho family buryng ground.
The wool clip of Ohio will this year amount to
thirteen millions Of pounds-two millions greater
| than the clip of 1861.
The stock market was 70 " per cent lower at the
board Saturday Gold was K per cent higher, with
unusually large transactions Exchange closed 129
100. Money abundant at per cent. The usual
trade tables for The week will be found in the money
ticls.
The market on Saturday was again irregular
and sales limited. Large holders in most instances
withdrew their supplies from the market, while pur
chassrs only operated they could pick up small
necessity lots" at smart concession in prices, gene
rally within the range Of 44c 45c. for middiing up
lands. The transactions small parcels footed up
about $50 bales Flour in consequence Of higher rates
sterling exchange, advanced about &c. per bb with
moderate sales Wheat was frmer and 10. &C. high
er while sales were active. Corn improEsd 10. per
bushs, and to!sraby active, the sales including
sound ana prime old western mixed At $50. . SIC.
Pork was unchanged, while the demand was fair. The
sass embraced a. $40 IS . $40 SIN, with some
heavy barrels reported at ST. and prime at IS IS g.
| Lard firm and active. Sugars were in good de-
mand and prices arm with sales OF 500 900 hhds.
and aso boxes. Coffee was quiet, but nrm. Frsights
were stir with fair amount Of engagements, At IN
| changed rates.
] President Lincoln's Conhscation Proela-
mation-Progress and Prospects or the
| War.
For the purpose Of literally aiding in their
seasonable circulation among all parties con-
| cerned, we republish this morning the Presi-
dents confscation proclamation, aud The act
| and supplemental act Of Congress TO which this
| proclamation refers.
Ii will be seen from the first Of these acts
that this sixty days notice Of the President is
| limited TO the comparatively innocent masses
Of our Southern people, who have been carried
away from their proper allegiance by the pres
sure Of this rebellion. They are allowed these
sixty days grace, while the leading conspira
tors and Office holders, civil and military, o
the Confederate and State governments n th.
service Of the rebellion, are liable to all tn,
pains and penalties Of this Confscation bill
from the day Of its approval. II will next bt
observed, from the supplemental act or resolu
ton passed in pursuance Of the Presidents sug
gestions, that the confscations Of the real estate
under the aforesaid law are only to apply during
the lifetime Of the guilty parties concerned, a,
enjoined by the constitution of the United
States.
The President having previously caused the
issue Of general order from the War Office il
regard to the employment of negroes in tn,
army, we presume that, with this brief and sim
ply conventional proclamation, he has said al
that he intends to say in the Interpretation ant
enforcement Of this Confscation bill. Both a.
a military and as judicial measure be touche,
IL very gingerly. lie evidently considers il