The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1863-01-23

Avenue Railroad Company during that period
amounted to sll7.Os4 l6., and Of the Eighth Ave
nue. to $i23.Os5 81. The paper was ordered to be-
printed in the minutes. A report from the Comp
trolcr. to have the war and relief ordinances le-
galized by the State Legislature, and making pro
vision for the payment of the same, was adopted
Mr.. James NJ Sweeney. Clerk Of the Board. stated
in communication that he had reappointed his
former assistants and messengers. On motion
the Board then adjourned until Thursday evening
next, at five O'Clock.
The stock market continues very active but the move
mont Of prices was irregular yesterday Pacific Mail ad
yanced ten per ceot Harlem preferred declined Gle
ven Other securities fucuated actively Gold sold at
147h a 147X, closing 14s bid. Exchange was lower;
bankers bills sold at l62x. Money was easy al per
cent. Hq
Cotton was shade drmcs and n fair request yester
day Flour wheat and also advanced a shade with
liberal sales. There was less activity provisions and
whskey, hut prices were supported. Tho principal
movements 10 groceries were the sales of Rio coffee
black teas East India rice buoyant prices The
transactions fair in hay hides, leather, taow and
tobacco and moderate in fish, fruit, metals, oils seeds
and spices There rather extensive fregh!
engagements reported, and rates 10 Liverpool were
quoted a shade better.
The Campaign in Virginia and North
Cnrolina-Gycat Events 1t Hand.
The late mysterious and oppressive silence in
regard to the army Of the Potomac is broken
In his general orders Of Tuesday iast, the publ
cation of which is authorized, Gen. Burnside
announced that his army " is about to meet the
enemy once more" that the late brilliant ac-
tons for the Union cause " in North Carolina,
Tennessee and Arkansas have divided and
weakened the enemy on the Rappahannock, !"
and that thus the "ausp;cious moment seems
to have arrived to strike great and mortal
blow to the rebellion"
This is the substance Of the address Of Gen
Burnside to his army on the goth instant; and
0 n the evening Of the 10th it was reported and
confirmed by passengers who had just arrived
at Richmond, that the Union forces had
crossed over the river, and were above
and below Fredericksburg. From this il
is evident that Gen. Burnside has divided
his army into two columns, and has
advanced one against the right and the other
against the left flank Of the enemy, with the
rebel defeuces on the heights of Fredericksburg
between these two advancing columns. From
this circumstance We must conclude that there
is no mistake regarding the reduction of the
enemy's forces; for otherwise we might justly
consider this division of his army as an ex-
tremely hazardous experiment The greatest
victories Of Napoleon were gained by this sim
pie operation Of dividing the opposing army;
and with anything like an equal force, General
Lee would probably prefer this attack upoH
his TANKS to another unbroken assault from the
front. We conclude, accordingly, that General
Burnside is positively advised of the actual
strength Of the enemy, and is well assured that
his present movement is absolutely certain Of
success. The heavy rains Of the last two days
have doubtless interfered with his plans of an
immediate engagement; but il the enemy have
not fallen back this day may. perhaps, substan-
TALLY decide the fate Of the rebellion.
But while the campaign in Virginia is thus
brought to the verge Of a decisive battle, or
disastrous retreat to the enemy to avoid a bat
tie it appears that great events are also at band
in North Carolina From rebel sources by way
Of Charleston an army of sixty thousand men,
under General Foster, is reported to be advanc-
ing upon Wilmington or Weldon. The first
named place is an important seaport, where the
rebels are believed to have an immense amount
of army supplies and naval stores accumulated.
Weldon is at the junction Of several important
railroads not far from the Virginia border, and
its occupation by General Foster would seri-
ously cripple the rebel army of Virginia in
cutting off its main arteries Of subsistence.
Wilmington or Weldon, il captured, will be
a great acquisition: but whether the one or the
other will be the point first assailed we must
leave the event to determine. II will suffice
for the present that, while General Burnside is
advancing upon the rebel army Of Virginia.
General Foster is efectually suspending oil
reinforcements to Lee from North Carolina.
The prospect in Virginia and in North Carolina
is cheering, and we may confidently expect
within few days the tidings Of not one, but Of
series Of great and decisive Union victories in
the East, and close upon them another budget
OF rebel disasters in the West. Now is the time
for action and we have still good ground for
the hope that this hitherto melancholy month
of January will end with the record Of our
greatest victories of the war
BuI.L Run RESELL AND THE NEW YORK HERALD.
We called the attention of our readers yes
terday to the sudden conversion Of the London
Times to the views entertained by the conserva-
tive and truly conscientious portion Of our peo-
pie upon the subject of slavery. The Times,
hitherto the enemy Of negro thraldom, now de-