The Nashville daily union. [volume] (Nashville, Tenn.) 1862-1866, 1864-11-02
LATEST NEWS.
BY LAST NIGHTS MAIL.

NEW YoRK, Oct 3l.-The stock mar
ket is excited and unsettled There
are various causes at work, for the re-
cent movements of Grants army, are
still construed as unfavorable. The
streets are continually full of rumors
The heaviest operators have been for
several days labOring for rise, and con
tinued their efforts throughout the re-
cent army movements Some persons
predict a speedy fall, and say that the
initiated are preparing for a strong
downward tendency
The Worlds Army of the Potomac
special says of the recent operations
Considering the extent Of the move
ment and the number of men engaged,
there was very little fighting. No can
non was used by either side at the time
of the formation of our line of battle
when we placed several batteries in
position for the purpose OF Smelling the
woods, which still interviewed between
our forces and the enemy's works. The
reason none had been used previously
was that the woods were so extensive
and dense as torender 1t almost impos-
sible. After our batteries opened the
rebels were not long in replying, and
poured in grape, canister, and shell
quite freely along nearly the whole line
There was also some fighting as the
former entered The woods, which sepa
rated the opposing armies The loss
can't be very heavy on either side The
result of the movement has been to
drive the rebels three miles, the larger
portion of which is thickly wooded,
into Notifications along our front, al
most, if not quite as strong as those in
front Of Petersbgrgh
The Herald's special correspondent
with the cavalry says The cavalry
moved toward the SOuthside Railroad,
to the left of the army, little past
daylight on the 9th, and encountered
four brigades Of the enemys cavalry
Wade Hampton The first serious re-
sistence made to our advance was at
Small GEEK. In the vicinity of the
military telegraph road the enemy had
a strong line of breastworks covering
the bridge The First Maine Regiment,
armed with l6shooting rifles, had the
advance, aud carried the line by assault.
After holding the position till late in
the day, the cavalry fell back, by |
orders. TO its original position.
The HerRlds special from Buffers |
headquarters of the 2Sth, says 1t is |
evident that Lee is wholly acting on |
the defensive Gen Butler, having |
ascertained that they were strengthen
ing their defensive lines, ordered the /
Of his troops. BY dark
most of the white force had fallen back |
to their old camp the force held in
reserve having gone forward 10 hold
the original lines. The results of the
movements depends en-
tirely on the army of the Potomac.
The Hsralds special from Win
chester on the S0th says: Up to this
time everything is quiet at the front,
and on Sheridans left The enemy Is
at Milford, and on the right holds the
the road hill, next to the strongest
position 10 Fishers Hill in the valley
A Fortress Monroe letter to the PHI
ladelphiA Enquirer says A feet of
sixteen steamers is now at Monroe,
TO take ten thousand rebels
for exchange to near Savannah. Two
of the largest are now loading at Point
Lookout The feet viii sail in week,
in charge of Lieut. Col Milford
The Charlottesville Chronicle has an
account of Early's battle with Sheridan
The following is the statement The
rebel force of Wharton was on the
right, then. Welford's brigade of Ker-
shaw's division, then Pegram, stretch
ing across the pike, then Ramsenr. then
KershaW, then Gordon, with Rosser 10
the left After the success in the
the men went TO plundering,
when the enemy suddenly attacked
Gordon, Ramseur, and kershaw. Cor
dons division broke first, Ramseul
and Kershaw's next, and soon after
wards Pegram's aud Whartons took
the panic. One brigade of Pegrams
division stood as a Tear-guard, but WAS
finally routed by Custar.
The Raleigh Confederate states the
ram Aibermarle ran out in the sound
recently on the 4th and destroyed a
eroton lighthouse, then put back
through the enemy feet, and reached
her destination safely
The Charleston Mercury recounts at
length the peace theory Of Stephen
and the rebel Congress Mr. Boyce
iays the people ofthe rebellion i've .un-