The New York herald., 1863-05-06

oswerest loc, efIl>zc and ths average paoe was
about loSes The average qua,tytcc tho ooesosS Mas
good. Mich IN fair demand and sales were
eioted at rom SIS 10 $40 500 Beeyes were steady al
&c " 01c Tc.the latter rather extreme rate Pobs
go az so S. Sheep have been less active and prices
are decidedly lower The range Of prices, however. s
about the same-at So $40 sI2 shcaged sheep GO at
IS 70 ST. and lambs from IS so 70 So Swine dull
and about xcper pound lower The receipts wore ssJ
beoves il2 COWS. si3 veals ba62 sheep aud lambs and
$500 swine yl a.ti sltta.0 aa'sal lal .
The stock market opened weak yesterday but gathered
strength the day advanced and closed buoyanty
marked advance, with a lively inquiry Cor the active
speculative shares Gold rose 70 Isl closing at p NJ
at about 1909 Exchange sold at leS and le6, closing
about Los l66 Money was active; call loans : per
cent. 1859
Cotton was very dull yesterday At ESQ., for mddiing
Heavier lcs Of -four effected ct rising prices Light
transactions reported in wheat and oats
about former figures. There more doing in pork
bacon lard sugars New Orleans oasses and whiskey,
the article closing rather nrmcr Tho movements In
metals oils, hemp hops, seeds, spices, Tobacco wool,
fruit candles and chemicals imitod. Hay and tai
low were In fair request Tho freight market was brisker
. and rates tended upwards. is,1 saf y
The Terrible and Nomcntous ssruggie ON,
- the RaPpahannook.' a. ss.5.e
Our latest direct and definite information
from the Rappahannock is down to Sunday az
ternoon. at which time there appeared to be
general suspension of hostilities The tremen-
dous efforts of the enemy to turn or double up
the right wing of General Hooker had failed
The position thus secured to our army by the
assault upon the enemy Of Saturday night and
BY their repulse on Sunday morning was q
strong one, and our troops were rather anxious
than otherwise for another rebel attack. Mean.
time on their left, and within supporting dis
tsnce, the corps Of General Sedgwick was in
occupation Of the heights Of Fredericksburg.
Thus it will be seen that on Sunday afternoon
the general situation Of things was In our favor.
But we have every reason to believe that the
lighting was resumed on Monday; nor can we
doubt that had the issue OF tho days work been
a Union victory we should have heard of it.
The results of the days operations may have
been indecisive We hope that they were, at
least to some extent to the advantage of our
army. We have reason, however, to appre-
hend that reinforcements may have reached
Lee from Richmond. and that on Monday in re-
against the columns Of his adversary We have
positive information that the rebel forces which
but the other day were so numerous and me-
nacing In North Carolina and near Suffolk have !
almost wholly disappeared, and they may, per-
haps, have strengthened Lee to the extent of
thirty or forty thousand men. yeN
But how easy it would have been for the ai-
ministration at Washington, in support of Gen
Hooker's advance, to have moved down over.
land from Manassas by rail body Of tifty or
even hundred thousand men upon Gordons-
vile, and how completely this supporting col
nmn would have settled the question
the least informed of our readers upon mill |
tary affairs can now understand We believe,
too, that at least fifty thousand men could |
have been spared for this enterprise from Bal
timore, Washington, and from round about |
Norfolk and Yorktown, without serious damage |
to any Of those positions. Other |
wise, under the Conscription act, or even by
active volunteering efforts, hundred thousand |
men might have been raised while General 1
Hooker was enlarged in The mud for Tie |
purpose Of supporting his advance with The |
drying ofths'rcsds. Terrible win be the r.
spsnsibility Of President Lincoln and his Cabi-
net and his chiefs OF the War once should
their rainous policy Of undertaking the enemy
and trusting to luck result IN another disas-
trons campaign to the Army Of the Potomac. !
We shrink from the contsmplalion ef the fear
full consequence which In ! this event may
befall the administration and ths country. ~ X j
W. sA~n aA.,Agy~e~ ~ s,x~->nS xAs- - Il
Of the events Of Monday, together with a clearer
view than We now possess Of the Casualties
and results, losses and gains Of the terrific en-
gagements Of the two preceding days We sx-
pect to hear this morning the tldings Of Gen. /
Stoneman's return with bis powerful body Of |
cavalry, that he has done good service IN his
absence, and that bis presence again with Gen.
Hooker has removed all doubt Of tbe final issue. |
Had Stoneman with his cavalry, been on the
feld on Friday last how different might have
been the events Of Saturday and Sunday. But |
conjectures and speculations are idle, when |
within few hours we may be in possession Of |
facts which will scatter all conjectures to the
winds. ~ "a
Governor Seymour, tho Broadway Rail-
road and the Sensations or the Hour.
The people in this city are just now laboring
under wonderful state of excitement. The
bulls and bears of Wall street were yesterday
rushing 10 and fro, with pale and agitated faces,
US though they expected the next moment
would be their last. A few gathered around
the bulletins Of the several daily papers to
learn the latest news Of the day, and after read
ing the flaming headings turned away in disgust,
murmurug that there was no news from the fight
In Maryland. y,e Il
There are, in fact, three events which inst
now agitate the public mind, and upon which
bets are being made. First, we have the con.