The New York herald., 1863-05-02
on The Manchester pike He stated that the entire

rss., farce now is in position ftom Beech Grove
through war-irace, Guys Gap aud sheibyyiils.
We give to-day. from the Wheeling I'stes7'gsace7
very interesting account Of the late rebel raid
into Western Virginia. The rebels yent from
Morgantown tD Uniontown, where they committed
some depredations, and returned BY way Of Blacks
vile towards Fairmont. passing within thirteen
miles Of wsynesburg Pennsylvania There was
| COOL deal of alarm at the latter place, and the
cashier Of the bank there destroyed $50 900 Of
the banks issue for fear of its falling into ther
hands. tG
MISCELLANEOUS NEWS.
The steamship City OF Manc hester, from Que ems
town on the 18th OF April, reached this port
yesterday morning. Her news has been anticipated
by the Europa at Halifax. Our European files by
the City of Manchester are two days later Than
those received by the New York, and contain the
details Of the adyices to the 18th ultimo. The
| City of Manchester landed six hundred and ninety
passengers.
We have news tchich has made the circumf ference
| Of The wosfd ia seoeaty-oae days. On Thursday,
by the way Of England, we published the an
nouncement of the sailing of the ship King Lear
| from Hong Kong on the 18Th Of February, bound
for San Francisco and yesterday we received q
despatch from the latter place, announcing her
| safe arrival. Within five years the same thing
will be accomplished in five minutes.
The broadway Railroad case remsfns in ssdtu
quo, no motion having been yet made to remove
the perpetual Injunction for which some days no.
tice will be required by the complaining parties.
The Governor heard arguments for and sgainst
the Legislative Broadway Railroad bill yesterday,
at Albany, and stated shat he would decide the
question of confirming the action Of the Legihs-
ture without delay.
In the case of the United States against fifty
boxes Of absynthe, seized for differentiation, q
verdict was rendered yesterday by the jury in the
United States District Court for the government.
Counsel for the United States, Mr.. E. Dela6eld
Smith, and his assistant, Mr.. Ethan Allen; for
claimants. Messrs. Webster and Craig
Judge Nelson charged the GrandJury in the Unit
ed States Circuit Court yesterday upon the usual
topics. He remarked that the Elimination of the
number of maritime crimes during the last few
years was owing to the vigilant and vigorous
administration of Justice in this district.
Yesterday another day OF wild speculation in Wal
street. Tho business done was enormous andeverythng
wac higher the leading speculative stocks being Harlem,
Ptsburg and Eie The government also did avery large
business. Nearly five millions were loaned To sovern.
ment at and per cent The limit Of the per csut DO
posts has been reached. Gold dull The price uctu
ated between 15o>< and 1919, closing at ve r. N. at
1907. Exchange closed at 1884, 1e7. Mcneywss very
easy. Call loans . s per cent.
Cotton duh, but quoted steady, yesterday. Less
inquiry existed for breadstuns which wWe abundant
and depressed particularly the instance Of four the
receipts Of which were heavy Tho provision tradewas
active only In the limo Of beef bacon and lard which
were unchanged in price. In groceries, transactions
generally moderate. Extensive Of pepper ano
East india rice were effected whiskey was dearer.
Taiiow was more sought after There improve
msnt 10 the freight market The jobbing trade in dry
goods was less active, but still fair prices Of domestic
several instances reduced and domestic
woolens much depressed The regular inquiry for
made in the auctions, buyers generally having had
any existing advantage regard 70 prices AZ the close
the trade in nearly all kinds OF goods quite moderate
and the tcndencyof the market decidedly downward.
| The Advsass or ths Array Of the Pots-
| Mac-Yhs Great Struggle Close NJ Hand
The reports which we publish today Of the
movements of General Hooker's army Indicate
the near approach of the most important, and,
perhaps, the decisive struggle, of the war.
The details Of the crossing OF the Rappaban-
mock by the army indicate General Hsoker's
plan of operations. He is moving on an inte-
rior line above or west Of Fredericksburg, to
turn that strong position or to draw the enemy
cut into the open field The detachments which
were sent down several miles below Frsdericks-
burg, to lay number Of pontoon bridges, as
If for the crossing of the whole army there were
evidently employed to divert the attention Of
the enemy from the main design Of crossing
above, and this strssagem no doubt contributed
largely to the passage of the river at the several
! crossings above, almost without a show Of re-
sistance.
| The main body Of the army was TINS rapidly
marching southwark, several Of the advanced
corps having crossed the Rapidau, and the al
tentative was thus presented to General Lee of
instantly coming out OF his defences for battle,
| or for rapid retreat to secure his roads TO
Richmond He could not remain behind his
iutrenchments with his enemy rapidly pushing
along his flank to get in between him and Rich
mond, his base Of supplies. lie must come ont
and fight or retreat, and without loss Of time
or the powerful advanced cavalry force o
General Stoncmsn will anticipate him and cu
of his railway communications. We shall mo-
| be surprised therefore, IL our next intelligence
from the Army of the Potomac Is that of des
perate battle, or Of the hasty retreat Of thu
rebel army to some new position.
But, as the enemy appear to have had at non'
of the crossings Of the Rappahannock any pro
tecting force beyond Q line Of pickets and
\ squad or two Of riHemen, is II not possible tha
. Lee, anticipating this flank movement Of Gen
Hooker, may have played upon him the oil
rebel game Of Manassas and Corinthf We ar
aware Of the fact that only few days ago tn
! rebel tents byAay and their camp fires b
D night along the heights Of Fredericksburg q
/. peared to be largely increased but even this ma