The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1864-05-13

RK HERALD, FRlnAY,
.spc~smsn. Of aool'ss.sr s shs Law s,a.s. on
she3Foaha tn IL would involve - Unnecessary EXPENSE
10 the estate which the Surrogate says appears 10
sew IN sass hands.
The stock market, far the railroad list was con.
cerne< with IL exception OF Harlem &aA got
yesterday morning the opening ofths Day previous
ana prices gave way lste The miscellaneous ,,s,
ever was firm at advanced quotations. Gold opened 1t
III. and ciOssd q lfsx. Government seesvtsis were
steady, Oss shs demand Wa liekA Nossy ssnsiBusd
sasy n - ruling Fsss q insersss-six ~ eesA &
Scarcely anything talked q In business places vs
sssAsC bot - great battles and Union victories VIZ
gnia soasessy any business was done. exceps h few
counodasss. Owing 70 the contfAued nucsuasioss IN
sssa, Ia ssArly al ARTICLES were more a. No. nominal
anA beth buyers and sslIsvs were rsu0esss 70 name
prtsss ~ wAieh they would operate Pssrolsun con-
tsnnel nsn, usasr . fair demand Cssssa was stsa4y.
On 'chaaessh IVES movement n wheat NJ expert.
md W ssiss wsrs Ne largest FOR many wssks. Ths
receipts vere heavy reaching nearly two hundred thou
sand bushels; bet . considerable portion q thh I'D
sssa sold pvsvieus - arrival TIE market We not Do
prssssd ~ the increased Soppay. ylsw w. without
deciasa change, thoagA more sctivs. Oen and eats
Arnsr whis sshsr cereals wsre aul Peril opsued
nrn and saiescf mess wers sGscssd FOR JAY = hh a
$sl, bus ~ market sIossd samsy Lard vss ssslss,
sn4Sthsr prsvslsss ~sshsus lecidsd shasgA Ysiahss
were micro iacsivs, and large susigssass u wheat
pristDg SOME hondysd and my shosiaAA sssAAhs
msds b Great Britain - ispsovsd Races wAsksy was
Without important chaDgs 9 seit Isl
Oar, Operations IN virgiaia-AassiuSs
sdi Z Victory Certain. 81.
We have abundant reason 70 believe that II
will not "take all summer" Events In the
great drama in progress solth Of the Rapidan
follow one another with terrible rapidly, and
the catastrophe Is certainly near. General
Lee had ct the commencement q this great
series Of battles rather less than one hundred
thousand men. His losses IN killed and
wounded. through six days Of persistent COM
bat, were equal to osrs; his losses BY prisoners
and stragglers were much greater; and II Is not
likely that he lad left more than sixty thou-
sand men at the close Of the sixth day.
On the seventh day yesterday by bril-
liant exploit Of the Second corps Of the Army
Of the Potomac, Lee lost . whole division,
numbering three thousand men, taken prison.
srs, including major general and two briga-
diers, together with twelve pieces Of cannon.
He has been compelled to announce to his
army that bis communications with Rich
and if there are no rations there are per-
haps not many cartridges. All that is left,
then, Of the rebel army Of Northern Virginia
lie broken, disheartened, hungry and worn ont
agglomeration Of less than sixty thousand men.
How much longer they can stand the per-
sistent onslaught Of our victorious troops the
reader can readily Judge when told that troops
who depended alone upon discipline and or
ganiSation for their ex cellencs fail all ct once
when they fail at all on these points Making
due allowance for exaggerated reports, ia
seehs-ss ts ,zasss -. t. great Tee s=ses
ssvea days battle has left Lees army used mp.
After that same army had fought seven days on
the Peninsula. II was compelled to retro to
Richmond, unable to seize tho victory that its
commander believed to be within BIZ grasp.
We believe that the seventh day has sysa more
destroyed its power now than IL
did then.
News from General Sheridan, In command
Of the cavalry corps, tells " who II Is that has
Interrupted Lees communications with his
capital. Our cavalry, under this energetic
leader, had turned the 'enemy's right wing,
gotten in his rear. broken up the railroad,
destroying cars, locomotives and commissary
stores, and spreading conformation through
the country and In the rebel army. All this
must tend to further the Generalization Of
the shattered remnant Of the rebel army that
still holds together, and gives cumulative evi-
dence that Lees army must 60 to pieces soon.
No army, with such difficulties, and 90 beset
front aud rear, can eight much longer than
Lees army has now fought.
We give In our Supplement to-day full and
dear map Of the theatre In which the opera
lions Of the Army Of the Potomac have been
carried on. It illustrates admirably the letters
Of our various correspondents descriptive Of
the positions Of the various corps Of the two
armies, q we'll q the relations to each other Of
the 6elds OF battle In the Wilderness and at
Spottsylvania Court House.
General Butler makes rood prosrsss AIDA