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REBEL ACCOUNT or P TUE AFFAIR. | LARGE NUN DER OF ‘OFFICERS WOUNDED. THE REBELS CLAIM A VicTORY. THE REVEL RAM ARK ANSAS, &e., &e., &e: 1, August dl. By ist 7, 1862 ony bing orders, (From the Grenada Ap; cae on Cont On faturday, u and ob SuLaay the aunounced tat udo-cene upon Bacon Rouge aud she pes jou of the Afssissippl Fiver Wis eouteimplated. The pian was a very eausbie one, notwithstanding or Himted Jandioree, Ueberal Breckinridge Was to attuck the eue iy in the ‘the town and destroy of capture tats troops, while the ram Arkansas would engage the cup boat, and proveut their reideriig ‘Any assistance to their comrades cu suvre. ‘The Arkauses let beew repaired , her crew reoewea and she was agen ready lor achoa. We waited ut iapgl aoa several days to ascertain ded- nitely. that she Was prepared. In the meanwhile the quartermsers Wo.e busy hiring teams and ev gaging trausportaidon, Yat with ali their endeavers,their suc- ofss was in bo Way Commensurave With the wauts of tue army. Al last we were of, Gen, Van Dorn had telegraphed Gen. Breckintiuge tbat ube Arkansas was recdy,and there was now ny obstacle to our success but the long, sandy, blazing read of sixty miles. The buys stepped gaily away to the Sind of music's inspiriting strains, their battie Hays streaming proudly and their hoarts pul Sating quickly al Le prospoet of pupt bing the foe. Yet one thi-d of the s:nall number with which we had lett Vicksburg we.e prostrate with sickness, and it apveared ag if more troops remaimed behind than went 1 rover The heat was tertile, wud the men jell out of ra pidly. Almost every larmhouse om the roadside was Couverted ito w hus) ital Yu Sunday), tue Jd iust., Gen. Van Lorn tuat be youll be prepared to att Rouge at da, dght a ig morning. Gen. V roplied that tue A: Gea. Breckiaridge advised Bavoa porn 4 ueas would not reach a position whoreshe could jourticyake ib the Bght until fesday moruing. [i was then deduiteiy determiued-that the at- tack should Le mode a daysght on morulng of the Siw, tho rum Acsimass, of whose stewty and dointer spied prog:ess duws) the river we hud been constautiy 6 woth the tro; t , August 4, the troops, about 2,400: i cainp on Co Whe aie w aud eontic river. of accomptish. ‘The mare tween quiet and or But about dias misadventure gioum and vin evi lop. ay ance: @ being bad ved Oi his Vaiua- cum, ble «ce ‘ renain reslive wwe: bud bey swore & H. Bald (0 bs. hv 0 stay, was mound COMMA, ei, Cups. oud dingerdun y woittia: fare: be mute bu ts wiedieryand just t he was Gyii: cisiing Wik Lieut, L. Fs sordaanee officer of. ibe O igade, voinm ine le wished conysyd case OF Brave buy, do met his nd his budy was! }ater tender and Lavan, Wobble. heutuciy barber “algo rend nce tue gaa.cu, chagos amd cans Bons being. br s featured LUmaLagoable. This was ¢ udortupate, 1100 tle ereat-es. tence Aud Akt +0 Capt. Cobb and Bisgannon ers. Atehul i _me Volisb ne. eAtetite: mando: Lic ¥; cessiully drove (ack one obithewnemy’s gurivoats,” Lie ADVAN. o* OPaer belig restored, the ¢ lun advanced, apd soon ep fine st bettie was fobmed. Goh, “Clark's divisioa uc upied the rightaud tet of Gens Ragytes the ‘eit. The Advauce Was mwe 1 Our lines Ahm of the leit over a ‘VOry rough cocutr; , acrcss ditches, though sugur caue, over feuces—a y tatiguing and. onal march. It was ten winuie. fo five o'clock when we first brust d the enemy. h:y wére ia good posilion, under cover, and opened 1. on cur advance wih consid rabie prec sion and gow. jb was, however, Dut the work of a ‘moment to slot ge them, Like’ so mauy cuyeys of ‘patridges, they stated up and tiew rapidiy befo.8 our advanciug columns, the boys giving veut to exulting Cheers, As situ Axel bayouets they foliowed the ret eat ing Yankees Ile morning was quite foggy and a heavy mitt bung ove: the euti-e Jandseape, rendering it dilicuit fo plant our baiteries so as Bol 1 operaio cituer upon ove or the olber of Our wings. Our own lines were then co.verging towards a coitmun cen: y leving towards bis camps. But ti Ios chat we thus drove them in, They yepsible covert place, and r. & gave w oar mou, Their batteries were als. beiched forth devas: ating columus ‘apnel, sholl and sila suet. One hey were forced to ber up and tot sodthed it uot been obeyed, ail their guns would have falien in oar jo: AS it was, the Fourth Lo jataua thargot a b.tiery twice, each time at ¢ msiderab gad were fhusiy cea to lose ther top fading, shot thr reailaad the Pegime..t hed for its good Aughes, comras ‘ing dead whtle seauing a Louisiana baci. the’ gallant dhirty-iir ated lose was im bouring te it, received a death wound, Joneral Nuys vues, of Louisiana, whi ¢ down by asbell and serio troops were wow in the ca nigh nove stopped to pillase. Sixth Md seveaih veatucky regiments were going ahead i Nothtg coud stop their teartul aud due more obstiu de ths resistance Overwhe.ming a8 were the od.is sod forward, mostly at a “chur.e sing like maduwen Colonel A. P. Thom. - ul, fell, wounded severely turozch the a and’ adjutant Soery was wounded dangevousiy: thet oficers went down, but the men marched ahead After the fail o: Colonel Thompson, Cuiouel E..ward Cioas and, who had been leading his’ brave seveuth wher- aver the fire was hottes:, amumed command of the otty.de, and f oravery aud iil. (aptain Bowman led the Third Kea tucky, and vid st gaikintly, Major Julmson not r the lel until 1° was wed nigh won, Livuss Softer was lu ¢ ninand of the Sixth Keutucky daring ue rst of the n. Cons) Heuous for his daring, but weak recovered from @ verribie ond to s1eld his poi ovug cficer was quite « skiifall and prudent out of incre than one tixht buna, whieh had never be ore be co lee of voteras, ectson, w. wil ted his “bey ‘rom the effects of ived upon Lieutenant Lo squal to the task, and brought b Thirty Gifu a feted with n of grout promise, The conduct of this | © eminent’ ble, and 1 re have boea present to b ite constane on of triumph 7, Ne 18 eoadued to ypu: td fev mt ot the reshieuce of & triend, gear Clinton, Mies, C ompaoa, however, as acting urfigadter, age mar gad ietrepi mmander, Of she memb« 3 wall, Capt. W. P. Wallace, aid te- samp, Ww: ly in the action, having ‘his ribs Cha ‘ough the leg. being this heroie offi- oroken. shot with grape sor’s secoud wound in the war-—the tirat having ceived at Fort Duaeison, ‘oer, w Sempie, ordnance « been ree Major Jolin R. Throckmorton, origad q arter:nsste’, rendered it blo services on ‘emoving the wounded, ger” Us positon, and captured a b and mules. But this was notliing man who bad been ander fi ‘a aine severe b J. W. Thompaow, brigade at in organizing aad condeet. ements. Tae ROBT. twas thus forcing the enemy into town the right wing, Geveral Charles Clark, did not oehind. General Breck'oridse was bimseif with this division and bis preseic> bad a magical effect upon the meu, His tali form seemed wbiquitous—here, there, every where where there was per), where there was an gan, Wis 6 1a: tug hits field f While the snemy to drive oF a posivion io gala. Of the gal.antry and noble bearing of his young von Tabell I should not speak, were it not that he is as modest ns ho is merit rious—a worthy selon Of@ noble stock. General Bre tnridge led personally several charges, d slose of tho action, coming up to the Fourth and Firth Kentucky, who bad fallen Back utterly ose drew his sword, end with ~ appealing i cul bones, “My inen, charge aby bo oleae ar eho, participa ‘he most signal and eifective acts of the battic. ‘The meu rushed forward in no particular orde sand pursuing the enemy with a determination tiv. bo ‘ld not be thwarted, driving them further thin they frac yet been driven, Bat, during the whole engugement, the Fourth and Filth Kenthek aay od the wunost gal lauiry, worthy of the len hey had won at Shiloh, Better men never followed a ~ or {aced an enemy than Gon © these Lwo regiments, Col. Thos. HH. Hunt, of tho itl, was in cominaid. of the brigade aod received a Serious sot in the lett hip while actively eacaged on tho Ged, midel soldier Gnd the baw idea? of an offle cer, and his fall occasioned a pang of regret in the minds of ail bis meu. Lioutenant Colonel Caldwell and in. Cripps Wickliffe °° say of thetr regimont, which extubits the heaviest loss of uny on the field. The Fourth Kentucky was withont fell officers, but under Captain Millett it proved a host, bearing through the heat of the fray tts tattered and "pullot riddled vaguer, now thrice consecrated to glory by baptism. of fire aud blood, 1 T know. jmor® of their conduct, ond for the reneont thet Bere the bevnieo! the ii’. fut this was mre | MyOdauve Wilh (uo promise OF GeL.ni wocuinriage, | 2, raius left for Jueckgon: = Kt was auw | ‘hofore, tol! bis b ® brief address a f who, ia that he would @, Beble and ¢. tuck Jead them wherever there was danger. UWE LAST CHARGE—IME DAY WON. uring the _ ek mpd the fight, when the roll of mu arp erack of artillery was he all ears wer ed to catch some note of i gene from the ram Arkansas. Long since she s! wuld | | bave been cngaging the enemy’s gunboats, which had already poured 4 dreadful rain of shot and gbell tuto our ut there was no welcome sound from the guns swere the queries, | | F nndst.” pot ur bittie vessel Upon ali tung Where can the A’kanous be ay is she not bere ? aus there p the cpwilng thought, has she fatted us, es ean. ali this deadly, terrible struggle have beea for rag we ad already one and a ball miles ‘st enconntered, We npa, and forced him through the Then came last charge, and y UMS our sxhausted soldiers discharge their duty. Way worn, cayered with dust and consumed by the uest of batile, the gall wt unt age pe ngvd headiong the Sg aud betore them fled the Yaukees. In vain did they bring up sheir rese: ive drove them all quite to the river, completely wader the protection of their gonboats, many of them ta’stny to the wates. * It was ten that General Breckinridge ordered @recall. He had received a messace tbat it would be fmnposs:ble for the Arkansas to participace then fn the engagement, Dut that by two o’cloek she could take her part. Slowly auf with reluctance our troops felt back, although ex- posed to the heavy fivtng of the gunboats, About one mile and a haif frou town they were halted, and the poog, wearied, jaded fellows Ubrew, themselves upon the gro: to rest. It was at this last charge that General Charles Clark had his hip badly shattered, and at his own request he was conveyed to a house in town, Captain Yerger, his oe recpalans with him, and = wore afterwards made rs. Througnout the whole engagement henge Fes ‘8 cunduct Was notable for its intrepid ae. could bavye easily have been removed; but he that 4 wound was a fatal one, and preferred remaining sige BURNING ENEMY’S STORES. Upon the fall back, General Breckinridge ordered the various camps and,stores of the enemy to be destroyed, This was sgcordinzly done, and a vast amount Sed pial was burned. There were piles of pork, flour, whiskey, molasses and sugar, quantities of loth: ing, at which our troope locked wistfully, all given to the flames, The cncampments were those of the Maine, Ver- mont, Massachusetts, New Hampshire, Michigan and Indi- ana regiments. There was ap air of comfort about alt the tents. end luxurious appointments in ‘many of thom, The sutiers’ stores were crowded with delicacies. But nothing ese Montane pictures and documents were picked up, but the boys brought away no booty. Had our means of transportaiteu beer more extensive we could have brought oif w month's supply for our army. FLAGS OF TRE General Breckinridge entrusted "the delicate and im: poriiat duty of holding tho field to Captain John A, Buekuer, bis Adjutant General, This ofcer, who had, during the morning, rendered nimself a conspicuonstarget for tle enemy, remained bebind with a battery and seventy five men. With tnis small foree he'mairitatned his positi near sundown, when theawhcle army was withd sent position. Wile thus posted a flag (rom the enemy’s"iine# requesting permission to grantet. Later in hed, with a document ad the’ day anvth 'r flag: appro dressed “f> tho Co.nnvinding Officer of the Con'ederate fore 8 outside of Baton Robge.” This was from Colonel Cuntil, and disclaimed” the rizit of the ottlcer sending the first. ‘it aypears that after General Wil vho was chief iu ¢ minand,was killed, and Colonels Keith and MeMillan had fallea,there was a controversy among the federas as to the ranking ‘oficer, but the succession tinnily devolved on Cavill. FIGHTING TS A Lip snag Une of the most botiy a graveyard. from wivéh the fee, but which was finaly w sixth Kentucky found shelte loss. Truly it might have be: inidst o/ life we are in death. AN INCIDENT, As we drove the Yankees into the town, they sought the protection of houses, (rom the wiadews 0: which they harged. murderous Volleys upon our troops. Tn one lwse where they had lodged themaeives, they forced a ian, holding an jufaut in bis arms, to wale up and down & perch whilo thoy fied from behind him, Thay well kuew that Our men would got risk slaying (he innocent man and child, even to wreak vengeapee on such das- tards. jemy had poured a galling ted from tham. Here the Atul’ suffered most of tts remarked then, “in the DESTRUOTION OF THR ARKANSAS, Both engines oi theram Arkansas haying been badiy brokeu, there was no res /urce left t» Lieutenant Stovens , her commanding officer, to prevent the notable litle | coait fajing into the hands of the eremy but dest oying -her. She was accordivgly fired,amd at haif-past nine o'clock yesterday (We luesday) muing exploded with ‘® most terrible uproar. ‘some hours before the Essex apd three sivops-of-war had been firing at her with Lueir hoayiest guns, but ai their shot glanced hariniess|y. from the impenetrable sid-s of the invincible Aricnsas, Her position was such that neither of hor batteries could os brought to bear on the enemy. Only one gun was ied a3 a parting salvo, when hor officers and crew es- ca ed to the Louisiuna thore, Although pressed by a body of federal cavalry, most of them have reached our limes, bereit of everything they possessed except the cloch ing upon their backs. As os burning frayments of the Arkausas floated dow: the river, the Yankee boas speedily fled to get out of harm’: pa Narnpana the tu. fated ram was a terror to the valiant sailors even though a batte:ed wreck. NEWS FROM BATON ROUGR. Yesterday moruing Major Haynes, of the Quartermas- ter's Department, ied to Baton Rouge, under a flag of truce, for the purpose of visiting General Clark. He wus met outside of town, bi » and the covering over his eyes not removed until he was taken tuto.tho arsenal building, the window shutters of which were closed. He was not permitted to see General Clark, but learned that he was still living aud well cared for. the ovemy acknowled ze the loss of General Williams, Colonels Keith aud McMillan, and about eight hundred killed and missing. . ‘TI RESCLT. This expedition has not proved a complete success, owing entirely w the Arkansas Wt having co-operated. Had that vessel not met with an unfortunale accident, the victory would have been one of the most Delliapt of the war. fhe land forces secomplished all that was pxssible. They drove a hugely miperior force of the enemy from stvong abd weil sen positions two miles the city, to the shelter of their gun They captured a number of prisoners, smamunition than we used in the battle, a quantity 3, aud destroyed mole than half a million dollars % vernment property. tn excellence of plan and liliauey of ex cution—in the personal prowess of the the heroic daring of the officers, the history of allords no bettor exainpie. General Breckin- ri.ge fought the battle with smal: and trusty torcea, and achieved what scarcely any other maa cou!d have done— a victory over double numbers, at small loss of life, in the f.ce of feur of the enemy 8 gunboats. Oar lovs in killed and wounded will not reach three hunared. Isend you the lists of the casualties in such regiments as J have been able to visit. We are now fa- vorabiy encamped spon the Comite river, while the wounded have been removed to Greenwell Springs—most delightful locations. The Rebel cam Arkansas. ‘rom the Jackson Mississippian Rebel.) ii j.leuteuunt Reed, of tue ram Arkansas, we learn the following particulars: — ‘The Arkansus loft Vicksburg at two o'clock Sunday morning, and steamed ieisvrely down the” iver, having aimpio thine to reich Paton Rouge at the appointed hour, When she arrived within fifteen miles of Baton starboard engine broke down. Repairs were im: commenced, Mand at eight o'clock were partially eaaey though she was m t in a condition to engage many of the Yaukee vessels on account of the inary received. At four o'¢lock, almost toa minute, General Preckin- ridge opened the witack on Baion Rouge. A messenger wast despatched at eight o'clock to ascertain the strangth of the euemy’s fleet, and the Arkansas proceeded to a point lve miles above Baton Rouge, when sho was cieared tor well B. We learned from the guerillas on shore that there were only three gunboats. On rounding the point the starbourd engiwe again broke down, and the ship drifted ashore in sight of Baton Rouge, on the Arkansas side. Kopairs were immediately commenced, and the ship got atloat at five o’elock the sume evening. Tho engiucer re- ported a = engines were uureliuble. [t was deter. mived to ea tried trip up the river to ascertain the suengia oF tow engines—proceeded some five hundred ¥ the river when her engines again broke more ly than ever. The crew were engaged all night tn repalre. Xt morning at eight o'clock the lookonta reported the fede al flect coming up, The ship was moored head down streain, and cleared for action, and in Lbis condition was dete mined to fight to the last? At bine o'clock the Essex came round the potut and opened fire. At this moment the engineers reported the engines ready, and that they woud Inet half a day. ‘The imos were cut, and the Arkabsas started for the F *ex with the inte: tiou of running ber down. Proceeded about three hundred yards ia the direction of the Essex, @nd the larboard eogine suadenty sto; She then makes for the bank, her stern dowa, the aa ake pouring a i fire into her. In this condition we opened Gre with ie Bier. ‘The issex continued to advance, and when within four handred yards the crew of the Arkansas were ordered ashore, and the vessel fired After all hands were ashore the Eesex fired the disabled vessei_ most furiously. Jn an hour alter ber abandonment the fire communicated to her magazine, and ail that remained ef the noble Ar- kaneas was blown up, Lieutenant Steveus: in command of the Arkansas, and displayed remarkable coolness under the most peril- ous and distressing misfortunes. Our informant, Lioute- nant R., states that but ior the isfortune to her engines: the expodicion would have been @ most brilliant success, aad the Yankees would have been driven from New Or- joans ina fow days, Commodore Farra; 's Oficial Report of the Destruction of the Arkansas, Wasninatow, August 19, 1962. The Navy Department is in receipt of voluminous despatches from Admiral Farragut, and among them js the Collowing:— g e Fiacewe Harrrorn, Baton Rover, August 7, 1862. SiR—It is one of the happiest moments of my life that Tam tion of the rain Arkanaas, not because I held this iron. clad vessel ta such terror, but because the community | did. On the 4th instaul {sont the Tennosser up to Baton Rouge, with provisions for Commander Porter and the gunboats stationed at thet pl On the night of the 6th she rhed with information nadiod to inform the department of the destrue- | \ > that the enemy had made a com)ined attoek upon Baton ¢ speak of the Kentucky regiments more in detai) becanse Ronge by the Fam and the two gunvoaty Webb and Masio, ‘and calling for assistance At daylight the Hartford was under way for ibis place, with orders for the other vessels to follow me as fusi ag ready. Larrived hero to-day at twelve o'clock M., im company with the Brooklyn, Westfield, Clinton, Jackson and Boiota, Thad sent the Cayuga up before, agreeable to a request of Gen. Butler; la consequence of the guerillas Oring into some of his transports. On my arrival Iwas informed by Commander W. D. Porter that yesterday morning at,two o'clock the enewy's forces, under Geveral Brockinridge, attacked General Wil- liatas ani drove in his pickets, &c, General Willams haying had ample warning, all was prepared for bim. The fight was continued with great energy on both sides until ten A. M., by which time the enemy had been driven back two or three miles; but unfortunately the gallant General Williams, while cheering on bis men, received aMinie ball through the heart, General Williams had informed Lieutenant Command. ing Ransom the evening before of his plans, and requested him not to fire a gun unti! bo notified him; and when he did so our gunboats, the Kineo and Katahdin, opened with fine effect, throwing their shells directly in the midst of the enemy, producing great dismay and confusion among them. Lieut. Ransom had an officer on the State House, which overlooked the adjacent country, and could direct the lire of every shell. As soon as the enemy were repulsed Commander Por- ter, with the gunboats, went up the stream a(ter the ram Arkansas, which was lying about. five miles above, apparently afraid to take her share in the eouflict. According to the preconcerted pmn, ag he came within gunshot he opened on her and probably soon disabled some of ber machinery or steering apparatus, for she be- came unmanageable, continuing, however, to fire ber guns at the Essex. Commander Portef cays he took advantage of her pre- senting a weak point towards him and loaded with in- cendiary shells. After Lis first discharge of this pro- jectile a gush of fire came out of her side, and from that ‘moment it was discovered that she was on fire, whith he continued his exertions to prevent being extinguished. They backed her ashore and made a line fast, which soon burnt, and she swung off into the river, where she continued to burn until she blew up with a tremendous explosion, thus ending tho career of the lagt tron-clad ram of the Mississippi. ‘There were many persons on the banks of the river witnessing the fight, in which they anticipated a tri umph for “Secessia;” but on the return of the Essex, not ‘@ soul was to be seen, T will leaye a sufficient foree of gunboats here to sup- port the army, and will return to-morrow to Now Orle: and depart immediately for Ship Island with a light he: leavingno bogbear to torment the communities of the Mississippi in my absence, Very respectfully, your obedient servant. D, G@. FARRAGUT, Ping Officer, Commanding We tern Gulf Bicckading Squadron. To Ton. Giowox Writes, Secretary of Navy, Wasbington: Commander W. D. Porter’s despatch to Admiral Parra- gut ts thes given:— Sit—This morning at efght I steamed up the river, and at ten A. M. attacked the rebel ram Arkansas and blew her vp. bere is nota fragment of her left. Licuterants Ransom and Roe, and aiso Commander W. D. Porter, each gives a circumstantial account of the af- fujr. Lieutenant Roe says that “the enemy are stil! hovering in the rear of (his place (Baton Rouge), and that informa- tion is received that, in addition to tue six thousand alicady in the vicinity, four thousand taore are approach: ing from Manchac and others from Vicksburg. I keep in constant. communication with the Commander-in-Chicf ‘ofthe troops here, ready to open fire when and whore he may desire.” Cemmauder Porter says the Arkansas had a crow of one hundfed andeighty men and moun. ‘en gens—six eight-inch and four Mity-ponnders rifles. The gunbgat Essex, commanded by him, mounts seven guus, and bad only forty men on duty al the time: of going ome oe The bei rebel accouotof the Arkuusas is sal mitted to the Secretary of the Navy by adenieab paren: gut:— Frageanr Hartroro, New Ontuans, August 10, 1862 son} Sirn—Since forwarding the Foports of Lieutenants bair- fax/Ransom and Roe, we have picked up & numbor of prisoners from the ram Arkansas, allof whom I have catechis.d very closely. Rey 4 ceree very well rexpect- jog her exit from the and ing the ileets, and they also agree as my the rift of killed and founded on each of those occasious, ‘making in all eighieen killed and a large number wounded ‘At Vickeburg they plated the deck with iron and for- tified her = cotton inside. She theu came down in oa othe it. H. K. Stevens, Lieut. Brown having Vicksburg, with ihe intention of mak- tee combined attack a a upon Baton Rougs, port ‘oke down. Kopaired it in the course of the and went out to meet the Es- sex. Yhe next morning when they saw her coming up the starboard engine gave way and they rao her ashore, she being perfectly unmanageable. They say that when our ganbouts were seen comiug up and the Essex com- Famcght firiug the captain set the ramon fire and told td run ashore, ‘They aiéé siate that the gunboats Webb and Mosic were sonvtor to tow her up the river, but that they did not gi = neither of them had seen. Farragut, under date of the 10th of August, ioe the Secretary of the Navy:— ‘Sm-—I regret to inform the department that at the town of Donaldsonyilie they have pursued a uniform practice of firing epon our steamers passing up and down the river. Tseut a mss ‘ge to the inhubitauts that if they did not discontmue this practice ] would destroy their town. The last time I passed np to Baton Rouge to the support of the army 1 ave chored about six mules above Donaldsonyiiie and” heard them fire. wy the vessels coming up—first upon the Sullie Kobiuson and ext upon the Brooklyn. Im the latter case they made a mistake, and it was so quickly returued that they ran away. Tho next wight they fired again upon the St. Charles. 1 thero:ore ordered them to “nd thelr women and children oht of town, as I certaiuly iolgnded to des are ee ay way down the river,and I ed my promife to a certain extent. I barned down the hotels and wharf buildings; sso — dwelling house and other buildings of « Mr. Sandy, who ts said to be a captuin of guerillas, He! fired upon our men, but they chased him ‘We also brought off some ten or twelve of his negroes, a oe earns Ourselves with cattle and sheep trom his P Ooedineadtr Wainwright died on the 10th instant, after an illness of two weeks. NEWS FROM EUROPE, ADDITIONAL BY THE EUROPA. Progress of the Rebel Negotia- tors for Recognition. MOVEMENTS OF GARIBALDI IN ITALY, &e., &e., &e. St. Jouxs, N. F., Angust 19, 1862, An interruption of the Nova Scotia jixe prevented the tranemisston of all the Europa’s news last night. American Affairs, The London 7imes of the 9th has an editorial expa- tinting on the diminutive paver currency in America. ‘The London Times, in another article, reviews the con- duct of America in regard to the commerce of Naseau. Tt questions the policy of carrying out their powers to their full extent, but says that Lord Palmerston is per- fectiy right in tolerating a claim which it may be here- after to the wterest of their own country to enforce, ‘The Morning Post also has a leader on the subject of the commerce of Nassau, It says the federal cruisers, by stationing themselves just outside of the prescribed jimits frem the shore, become an organization for the express purpose of setting the Anglo-American conven- tion at naught. Mr. Siidell had an interview with M. Thouvenel subse- quent to his audience with the Emperor, and M. Thouve- nel is asserted to have alleged that the unwillingness of England was the principal reason why France did not act at once iv American matters. ‘Tho recognition of the independence of the South was regarded as pretty ce: tain. ‘Ihe Confederate steamer 290 was last seen by the steamer Jobn Bell, which arrived jn the Clyde on the 4th. She was steaming fourtoon or fifteen knots per hour, A grand banquet wos given at Sheflicid to Lord Palmer” ston, who in his speech regretted the prevailing distress jn the mannfactaring districts ; but he thought all would admit the wisdom of the government in not attempting to relieve that distress by interference in the American war, He considered interference would only make mat- ters worse, and the government would, therefore, main. tain strict neutrality. He hoped tbat the evils now ex- isting would coon have an end, that a charitablo feeling would yet provail on the other side of the Atlantic, and that another year would not see a contiuuance of the pre- gent deluge of blood Mr, Roelyuck made a long speech. He said he had no doubt America would be divided in two, and be thought nitimately into five parts, and forever cease to be the Toied States, He tesiounced the conduet of the North fe Ah inimnoral pr ng, totally incapable of success, (Cries of “No, No'’—' Yes, Yes’) Thas they could NEW YORK HERALD, WEDNESDAY, AUGUST) 20, 1862. never be reunited, ‘The war was a migre waste of blood. | Kors: Spr me Inns no war against slavery. The Amoricutf cyrrespon- denes of the London fimes and other papers represent recruiting as 4 failure, battue London Star's correspon- dent says there ts no doubt that in a few woeks the Presi- dent's cull would be fally tesponied to, Ae represents that MoeCiclian’s army 15 Stronger than it was before the lave battles, ‘The rebel steamers Merrimac aud No 290 sacceeded in ‘escaying from théUnited States steamer Tuscarora. The Unite! States steamer Tyscarora arrived at Kings town on the afterncon of tho 9th inst, 4 t France. Many French journuls speak with great auxicty as to Ttalian afures onder @ ribaldi’s mevemen's. ‘The Opincine Nationale deplores the tatal hesitation which makes the French government shrink trom the necessary solution—viz: the evacuation of Rome. The Bourse was Semen, cloging on the 8th at 69f. 100. for the reates, Italy. Tt is etated that Garlbaid: refuses to obey) Victor Emanuel's proclamation. It 1s wiso stated that he held a council Of war, at which it was determined to march. forthwith on Romo, notwithstanding the remunstrance from Turin. The enthusiasm for Garibaldi was tremendous, and 1 was reported that he would goon be at the head of fifty. thousand men. ‘The Paris correspondent of the London Daily News asserts positively that Garibald: has refused to obey Victor Emanuel’s proclamation. ‘The rumors that the English fleet was ordered to join the French squadron in interference with Garibaldi proved false. A letter from Palermo says the enthusiasm for. Garl. Daldi Is so great that young men disappearing en tirely from the place, and if other cities in Sicily imitate Palormo Garibaldi must soon be at the head of 50,000 volunteers. ‘ La France enys Garibaldi held @ council of) war at Cef- fala on the 4th inst., at which it was decided to march on Rome, notwithstanding the remonstravee from Turin: ‘The volunteers numbered eix thousand. Garibaldi had chartered six large vezeels. His plan is €afd to be to land fa the Gulf of Palermo, there to be joined by an auxiiary force, and march on the Roman’states, + The Official Turin Gazette says Garibaldian volunteors would Icaye for Messina instead of Patermo, They num ber 3,000, and are divided into three columus, one con- ducted by Garibaldi in person. In the Chamber of Deputies, on tho Sth of August, Sf- Ratazzi eaid there was a runor, bot officially euntirmed, thit an encounter had taken place between the troops anda band of Gariluldians, and the troops lost ifty muskets. Yn«tla, The Calcetta mail of Jvly 1, and Bombay of July 1z, had been received, ‘ihe American portion 16 on board the Europa, Markets. The sales of cotton on the 9th in the Liverpool market were five thousand bales, prices closing firm and au chmged. The sales to speculators and exporlers were three thousond balos, Breadstufls closed quiet but steady on the 9th.” Provisions were inuctive, except bacon, which was firm. Console closed at 984¢ a 9344 for money. American securities were firmer, but were without quo: table chanye. SHIPPING NEWS. neeainan ven soe tou-tuen Bilt; Soesute.--- 515, BUSES ise 663 gion waren Port of New ork, rk, August 19, 1862, cLaren. } Ship New York, Demh rst G asgow—W A Wilso we! Blung (Pras), Rentel, aaiwerp putea? itelncke & enc Bark Maraval, Griffin, Barbados—T T Dw! be ars, Godtrey, Ciarke, New Orieans—Wakeman, Dimon ‘ig Scotland (Br), McKinnon. Payot pec AY Leary. Bue fio [9id), duuiler, Cork, dom Ruger Irog (Prus), Schultz, anlwerp—4 funch, Meincke & Br oR All Allen, Lark, Sival—Milier € Houghton, oe Reed (Br), Wellingalle, Sav anne ia la Mar—Brett, att: Gcean Belle, Rattangall, Port Marla aud Kingston, bert Sibyl (Br), Mull lon—Brett, Bon & Co. Brie eae (Br), Monkton Be dois NEW Ke Greene & Read, St John, NB—P J Nevius & Son, “Eats Hated Marah, Puriavoroush aoe Cc "A De- rth America, Wallace, Elizabethport—J Fi Bang ng "telmach as (Hol), Haienmenket Susee ny Pe eros ‘Sec! +3 H Moulton, fants, Maruca inow¥ Miadl idieton, Gonr Bi Electric matric Br}, Wey Wevy, Berna mm MoCall & Frith. Pic Alt y 4omH K Corning, Son pnernen ee (Br), Davison, Windsor—J F° Whitney & Doane, St Kitts—Geo Wessels. use, Harbor Grace—P J Nevius & . Schr BH Colsen, Cotsen, Bangor—R P Buck & Co. Sehr Judge Taney, dileie, Masters Sbinson, Boston—W 8 Brown & Co, Beir Cherut, Builev, Boston—J ( Baliey. Sloop 8 A Greer, Strong, New adit Racket. ARRIVED. Steamship Neplune (US transport). Shaw, Fortress Mone yor. via Deluware Breakwater, 18 hours 1b bailast, to D Tompains, Lettat the Breakwater, steamboat Commodore, from Harrison's Landing, for New York, witty 60) sick wol- dicra from the Army of the Potomac; sie hal put in on ‘ac. Sah Clara Care Fiitner, Taverpoot. Suty, 10, with 1p rier. Fiitner, Liverpool, July 10, wit miserio Trash & Dearborn. ‘lied light winds the enire pane. Mghip Vision (of Boston), Crowell, from Boston, in ballast, to Bassett & Bacon, Siulp Mongoila (of Bath), Sweetser, irom Bostou,, in val- nine, Park Eliraveth (Br, of Bristol). Bearne. Cardift 45 dara, with woul, Wo Cabarete Ate hee 43 87, tom 46 16, spoke Whaling sisip Anu. of aad from New Bi edior’, on a cruise, Shean, BU days out, all well (Ans), Sonnitrs Havre, 46 days, with mdse, wed Dunean & Co. Ang 16 lat4!, ton 67°40, xpok bark Thos Hayne, hence for Queenstown; Sd, lat 44 ¢ rk Aberdeen, Cochran, from ‘Cardenas’ July for erPooh Banke ‘Dorau (Ha:nb), Meyer, Harnburg, 31 days, with mdse nd 266 passengers, to Kunharitt & Co. Soli Iver iti ewig og), tt Mal days, with fruit, &e, to Giro Fran ae toe bark Bron ooustaw! ¢ Orel (ot Has Yilachine), Brown, Lingaa, CB, 10 days, With coal and lumber, to miss Sebr Ra se s Baker, Elizabethport for Boston, Bone 3.0 dohauort Clinae, Machias, 6 days. Sehr Florida, Kelley, Dennis, 8 days, Bteamer Falcon, Joues, Providence. ‘Wind at sunset S. Misce'! iS. Br Brio gccan se Evizaneru, arm, before jorted a on Long Bi miles south of Barnegat Lich, was. fro ‘and to New York, she is nearly dry ut low 4 is hot yet damaged. Capt Browu, wrecking miss: tor of Barnegat, has agreed to get ty Oty tel It is bo. Heved will be done ina few days. The nie was built at 8 tons barthen, nderjand, England. 7 months rened by John ‘Biot of eh ot ad 13 insured as New. castle, Eng. Advices to ne 13th inst that the brig | yet in’ good fe tition, and they commenéed operations ‘4 at day to get her off. Scur Wasitixgz0w (of New London). son, from Fall River for New York, in going out of (ue of 16h inet, in endeavoring to avoid another vess!, run ashore on the south end of Goat Island, at bith water, but came off without da- mage 1th, AM. at bigh water, and proceeded. Scun Mona, Chadwick, from E izabeth poset fe aae og into Newport on 16th, lea! na taken to the Commercial Wun t ane mostly about the deck planks and water, it’ is thought that {i can be stopped without hauling the veasel oo Sonn Hannrer & Haxxam (of Greeuport), Valiancc, from Bllzatierhporr for Norwich. Conn wi i, when in’ Long a Bond bf ilorse in the Bank, was ss found to be lenk- ing badiy, an My efforts of the orew was kept afloat as far as ideton' int. wuere she bad to be beached to he Polat, and will be kot oat probably” alt Polat, and Ww: got off wit alight ‘The coai will be discharged and taken to ¢ dren: 7 beantiful sloop yacht, built at Jnokson arou Pan 8 Wetis. Phi tps, oa mae ned ini he alled lore. uae Eeteniona arena coer ef 18) tenn cere ‘tho Tit pe ah Re by’ , Esq, and will be toumande by Ug pratt nea mrinea ercise. atl shit, rection ohn ne, On riise, l. I. ao Beit of Montauk—By pitor ‘boat Mary "s Cathe: Hino, Ne es Gen Nowell, frow Sombrero for Enginnd, July 28, lat « Nonantam. from NYork for London, July Sl. lat 43 aston 4 37" Foreign Ports. Crexrvndos. July esta tahip Jo) York 7 days; bark Saxonville, Singer, fo (Pen Sreaneney Eenora, ory Oars Racr—Trikonarae.} ‘Arr feetn NYork, Aug’ 4, Lucinda, at Pill; Lebano: Bristol: ‘Anwerp! 8th, Adam dune St, Alton i cs Queene i 4, bi ag St Hr, at : ‘Arr from Ph iade 6, rine, at Liverpool +r front haitimr, ‘Aug 8 Paterson, at Liverpool, Atlan Stewart, at Havre, Kn Le gp be Avg 6, Sparion, from Waterford; 7th, Aine. frome Vortsmonh; FH Ryerson, trom Laver. AT Mite haps. Winged Arcow, fron Liverpool. The Mary Pleasant was reoently wrecked at Akyal h ‘Tue steamer Cortez was toisliy destroyed by tire at Shang- nie veal 8th, ‘The Hamlet, from Lond: on the Hth inst, having be 4 American Ports, BALTIMORE, Av: G—Arr selir Jctiia Nowell, Trott, Port. | land. Cid barks Judustey (Br), Smith, Rio Janel hr Grdiz, for ord pid toh: t into Portamouth Tir), Wayeott, 8: ‘iat. Linton, do Bla ph, . Arcola, Oullin, Mig ag Wi ‘an Bia, Eerie Oe Br iL Batre New! fa. wien MOY Alle Porry. ra OTe Wowrolic het, Portand, “Bid vats Todas. Jane! m, NYork; Louten, al. i Harper, Coombs. Pedro | let, Boston; B Clos-on, Coot | Months which York, Relnw ship Locendla enol gate a, Say Ke ity ae arher Cal seh. Toney, San Fy Acapuloo « Maite iv Rine. Cardenas, Alade te pies inert f k Trth—are beg ute, Baitindre: (Br) Folie Beattie Calo! fmesea Tart Uarbors Jusper Call, Georgetown, DC; Fred Ree! Vaitimere. Tn Tap entid Wiiscior frond Pbtacomphia.. Bid Sattday, find N to NE thamer Suen. shiv Gromnweily: Vion. Noonday: Dirk Lawr nei Robers Wing, Martha Washington, Lanriithe. oslon, a Wooster Nothing went to sca on Sunday, Ww md Ish—Arr schrs Morn, Tengite, Ralltméra: Lion, Prrbush Biizaberhpor': 7 P Abell steamer, Norman, Philatelph Fintar Ou Pt eso n Grifin, Niesela New Orleans: schon € re Misr. etow n, DOC; [erry Payson, Crowell, Schr Knight, Gnge, Piilateiphial Sil, wind Ay Ine auhoad Tos eteaen: rr Capandalcoa, Relief. Bark Parker Cook started and an- el 01 Last, A erage ley Ro init nary § sche Avy Glen onda, NYor ae bots tae he Farland, Pallas, Pendteton, K, Ang lt—Arr ship re Lip il Gilkey, Port- Jan? to load for L verpoot.. B ene Me Wala ace, Lane, Liverpool; brig@atharige ot ReRsibR 4 Dips shee titge ‘M Roberts, Colsoa, Liver "DANVERS Aug 18— ‘re sobre Eupsrice, Zvntahy Bald- more: Bine! % Dissnand, 1 Yormg, Patinde'phi yan | priate 88 ages ‘adiocker, % LIZABETH PORT, Ave BON! aches Thos MT Sym ‘am 3 Bu ‘om Mew Reauiin, Tillatsan, Brock hoe! Al Rosion; McMurray, Berton, Fall R. yor, Ottoman, Bla Jorn Bawaies, Vathum, and. Veloeliyy, Gibson, Boston? Lowis, Austin, id " B neter, Edward. Prov! file nee; ero. rou Cire, Hosta «oop: Gen net Smith hore 8 atens Tela a Setfulk, Simonson, Nort ot towne et Me vith, Bi Rtouzle, Coblotgt, Biase of as FEY Avge 15—Arr shh AER Mart'n, Swite, Bltza- ber port. Sl sebr do FALL RIVER. Aug 16—Avr schrs Silay Wright, Seanad, Ela ethport: Gazelle, Kellew, NYork. W7th—Arr selir Clinton, Borden, Biizaberhyort: sone ep tune, Davis, do, Sld sclir Silas Wright, Scamun, ['i7nuet Meare aches Kate, Wilner.» McPadden, ant Ky Le v ti Arr barie Exeter (1 r. Harvest Soon, Lan. Sth=A'r ship Gatena, hewitt. ris Vainkee Bade, i Cla Johusen, N¥ork so Briss Ist inst, ship LaManoba, Atle 8 C.nrk, Pui on, gers 3 bd 10 s0a.on the He NY Poth a, rcs ee 404 VTsand Belle. Bit Jer, Phila r wsin; Watchman, ‘aliont ant Tehand bth--Arrsehrs Sty aleth. port; 17th, Horace Se v6th, sclirs Dindem, Flac arhes, NYerk: 13th. Hen-y'at s € wick, Blizabgth Aug Ife Ar: Me dw na Sinith, and Lowes It Bo p 5 rsport: Fa aw dieott, Leeds, Pht ad Ipbta 13h—Are sche Ruth. Cotns, NYork for Boston, sloops Peart, Cob! Sn Ny EW HAVEN, ‘Aug 1s—Acr sohrs Gisice WY: “Arr sel H Dilaush, Ba vett, Tre lela; Bnterirte, Martin. El baie, reget Rowitons, tor Boston, putin for repetts. Sie rows & n.'Sloops Tremper, Brady, Eudeabetiporc: Gilbane, Seamwon, do, 9b. er cr Quaker Cily, Ben iamtn, Elizalethporty: 5 Rustin. Co SSviph! anmond: De'roit, Titus; Joan Magk te, and Widiaiy @VONe. Medi sloopa’ Ju att Dankes; Loeomoilre, Burge Mier: 2 Cha rs fe; John Miter, Manali PATLADELI HLA, De Kuowts, N¥ork: Alen Condon, Gort, Brook ie ot Bar! ados: bri: I are Gore 8, Boston: Fantauzz', Wooster, Ht Doane Coombs; D B Bayles. dayne: Wawnths, Olu isan Riehy Crow Boston: Wacer Witch, Iu sl PORT LUDLOW, July 8—Ia part 0 Mpublin for Austra- OUTH. Ang 12—Aer scbrs Corin: *. M. Soop Actr si do: 185, vobn F ‘eiphia; I4un, re Atntins Parsons I PORTLAND, ‘Aug 18~Arr ig Speedway, Atherton, Eltva- Dethport; sche dine McLain, Bueklin, Baltimore, Cid Bit H Kennedy, Buker, Matwivas, Sid, wind SW, brig J 6th—Wid sehra Fanny Mitch) nition, Philadelphia: Filghiander, Bo vrus Sha anni Sturgess, New iv OB Manin, Tooarirashrs Teabch, taylor, ben! Elizabe port; Josoph BP Ross, tao role, MBean ny But Banh Sada BR aadern ort. hey vst anaes. Phila. “May ae IfsArr ste. “aed Bs Piila- Ni a, Brigh Bly rabetlh, Chase, NYor ae Agen ¢#: Hubming’ Sind. Ninety York, Shourle: Rover, P King, and N UHulmes, Hew; Pusladobia: Mabtou Hes, V, {SF mainaton, Dets Wilson, Harvey, Fondout den Hoa, Osborn, aa Hella (Branan, NYork: George F Brow, HME ding, do; slorps Julia Ann, Ai ‘Commerce, Orecoa, Rh Mih—Ar,s rs Ba' icon, J 3, NYork; Vetrct, is New ‘Era, Walker, Cardenss; schrs C Prat, Phuadelbhia: St » Eaikcenbring, 4 den, Snitth, Ei GA tapas 1.08 H Depety, Tawis, do; Bi sha Brooks, Snow, do! thew i eh Prati omy, fasins. Bort ire James W Lawretce, Tos Dash ie Webster Peres, YG grewn 7 sh Tol Winn, Roadout; ‘hrs Mail, Kelley, Peilapel> N¥or! a ‘limes f Se alo Sta aches War § Lega White, Austin, Rardout; slope Thomas Hl} STONNING iylee, Cartor,, Philade Iphia: Jabe: Brash, Young, dot Ang iS—Are schia dM Freeman, Stap- John E Krooks, Beers. and Stephen LCra Bowman, NyYors or N alt Diariem, dian “bet er, do “noweISe Atug I7Are sot Dart, fate SVork > 1" rr t Hope, ways? if Xo ps Mouint Hope, Sally youd, Thrasher, NYO WAREHAM, Atty 16—Arr schre Choctaw, Hardin’, bethport; Ith, Ann § Salter, Fish, Peekskill, Lamartine, Gurney, NYork R Wells, WICKFO! Tare #106] and Eliva- Sid teh, sene NYork, “FINANCIAL AND COMMERCIAL.” ‘Tunepar, iaihit 19-6 P. M. The trade tables of the port for the month of July were closed to-day, avd we present our usnal comparative acer ge Im be 3 ont 1861. 1862. Wd $F consump'n. 18,75 3,200,663 12,799,505 Rattred for warehouse, 4a0d4Ts 1700(0a0 41502,84 Free goods... 1,594,915 2,972,054 1,831,052 Bpecis and Vuitioa 7 6,906 498 219,001 * Tota! 14,938,851 20,253,202 Withdw 6.622.454 by 102,063 Cash duties... 2,069,590 7,211,817 Fapor's, Domestic 52.739 14,050 497 For, mse, dut': 03,325 419.948 For. merchandise fre 260,866 1,117, Specie and bullion.... 6,503! 935 Ae 8,087 337 ‘Total #4 463,199 10,028,000. 028.000 23.684.915 Total, ex've Of specie. 7,890,214 10,016,980 15,617,578 The new fiscal year begins with a dimished im- port movement and an increased outward move- ment of produce and merchandise. It is true that last month the entries of foreign merchandise, the withdrawals from warehouse and the receipts of duties were all heavy. But this is due to the fact that the new tariff went into effect on the Ist of August. The remaining months of the year will, in all probability, show a steady decrease in our imports of foreign goods as compared with the corresponding months of former years. It will be remarked that the exports for July exceeded the imports by over $3,000,000. In June the excess of exports over imports was $8,000,000; so that the foreign trade of these two months gave a bie lance of $11,000,000 in onr favor wherewith to pay for the American securities sent here for sale. At this time last year the banks had just com- pleted their first negotiation with the Secretary of the Treasury, and agreed to take $50,000,000 of 7.30 notes. Public feeling was generally very cheerful in conseqnence. Money was worth 4 a 6 per cent on call. Exchange on London was quoted 107 per cent. Stocks wore generally mach lower than they are now; the public were only just beginning to recover from the depression cansed by the defeat of Bull run, and Southern State stocks were depressed by the intelligence of their confiscation by most of the Southern Legislatures, The following are the trade tables for the seven ve elapsed of the current calendar | year, July being the first month of the fiscal year 1862 Imports. 1860, 1961, 1802. gaimnary 158, 26,827,411 + 19,856,589 16,341.07 680,126 18.204 351 16,971.368 14.86.4908 16.893.151 14,049,251 19.160.021 12,649 733 24,951,649 14,958,851 ‘Total seven mo’s.§142,509,067 118,798,717 106,408,686 202 | and landed at Piermont, up the Hudson 42.068, 477 do or of 10,277.926 10,236 820 10,550,007 aa 5b Total soven mno's. $28,073,831 » Whe following is a ecidlbe sthtenlen or" X- ports from the port of New York to foreigu ports for the week ending August 19, 1862:— 1360. ie 1,145 AL 1,600,819 airy jon Saabs sosinast 88, HASTINGS 0,082,785 ‘The aggregate falls short of that of last week, Lut is stil] awery respeotable.oxhibit, considerably in excess of the exports of the narrbapandiog week last year’and the year défore. Everybody is trying to lend money on 4 per cent, and the established houses, haveamoney left with them 3. Certificates of indebtedness are still quoted at }{ discount. Demand notes 107%. Mr. Cieco, received about 90900. to-day. au deposit at 1 per cent. Exehange is dull at 127.0% (tor bankers’ bills on London. Gold opened’ ‘at ‘ls, but dectingd to 4 partly on the disbursements of interest,.on 7.30 notes at the Sub-Treasury, At the, close»of the day it rallied again, and could not, be bought under 115.. There is considerable shorbinterest in gold, ‘The stock market has been ciel bliete to- day. Seldom has so large @ volume of’ busitiess been transacted in a single day. So far ad we can learn, the public have been the largest bayers of stocks, andthe Wail street speculators have been realizing profits, Im the afternoon’, especially, there were larga sales by partieswho were buyers ft lower figures; but the slight reaction which these sales cause can hardly be expected to chee! the upward movement, so long as the money mar: ket, the military prospect, aiid the temper 6f the Publio continue to encourage speculation fis tHey do at present. Nothing short of an overwhelming defeat of the Union armies can airest the specula- tive fever which seems now to live fairly set in. Comparing the closing prices of the day witlrthése of yesterday, we note an advance of 1% in regia YAw coupon sixes, 2fin coupon fives, notes, 194 in Vitgitias, A in Missouris, % é in Krie old, 4% in Eis, preferred, % in fludson; sin Harlemold, % ip Murlem preferred, % in Reading, % im Michigan Central, 2 in Southern old, Hg-in Souttiorn guartnteed, % in Panama, Y % in Galena} 17% in Toledo, and % in Rock Teland. favorites of the day, as the above statement pal were Toledo and Michigan Southern; but the com- migsion brokers report.that their orders run mestly ou Uric preferred and the regular dividend paying shaves, , The only exceptions to the market were Pacifie. Mail, which declined 1% per’ cent, and Hlinois Central, which fell'off 34 '“on “eles to ‘renlive profits.’ “The matket’ was fitm mg the close, the follawing being the Tast quotations: — United States 6’s, registered, 1881, 01%, 8 B65 United States 6's, coupon, 1581, 101544 %»Unit- ed States 5's, coupon, 1574, Yl a34; ‘Treasury notes, 7 3-10, per cent, 105 2105; Tennessee: 6's, 52053; Virginia 6's, 66.0 4; Missouri 6’s, 49990 Ay Pacific Mail, 110% a %; New York Central, 943¢ a 14; Krie, 38% a 89: Erie preferred, 604" Y: HudsomRiver, 48% 049; Harlem, 16% 9%; "4 3 Harlem preferred, 41% 0%; Reading, 60148" Michigan Central, 6724 0 68; Michigan Sout and Northern Indiana, 30% a 24; Michigan South- ernand Northern Tngana im ‘anteed, 6244 a 34; Panama, 139% a 14074; Bune Central, 63 a 345 Galena and Chicago, 74% a 24; Cleveland and Toledo, 54.0 14; Chicago aaa ‘Tock Island, 68% @ 69; Chicago, Burlington and Quincy, 86.0 +4) Mil- waukee and Prairie du Chien, 3424 a %; Cleveland, Columbus and Cincinnati, om #120; New York Central 7's, 1876, 110 a 111; Erie third mortgage bonds, —}; Michigan Central 8's, ae gage, Cone bonds, 7, 99: American gold, 114% al Kiet eg second board, in Henriques’ room, the market was inae- tive but firm at the prices of the afternoom, A few outside orders were filled in Erie prefered, Toledo, and Galena. We mentioned in this morning’s r that the earnings of the Erie Railway Company for July showed an increase of 65 per cent over’ those of July, 1861, Since January 1, 1862, the road has $4,132,638 hth ve .$8.100,280 Add bing [0 per cent inc, tor 1862."..” ‘10,028 Probable earnings from Augast to Dec. , 1862. 3,410,808 Probable oarnings (OF 1862..e+e4-+0+++esee so+ $7,042,848 Deduct— 1. Working exnenres, 65 ner cent. 2. Interest on $20,000,000 debt. 3. Fiouting debt Jan. ee 1008 235 4. One year’s reuts.. 138, Net cash balance January 1, 1363.. Add cash balance January 1, 1862, Balance applicablo to dividends Jan. 1, 1863. Tt is certain that unless some disposition has been made of the net earnings of the company in a direction wholly unexpected by the publics there is a dividend on the preferred shares in Jana- ary, anda large working capltal besides. Tt has been lately suid tn the street that the current year has been an exceptional one, and not to be de- pended upon in estimafing the permanent value of the shares, Referring to the company's records, we find that its earnings for the past nine years. were as follows:— 1854, fiscal year to September 80... 1865, fiscal year to September 30, , 1826 fiseal year to September 3). 1857, current year January to December, 1858, curront year January to December, 1859, current year January to December, 1860, current year January to December, 1861, carrent year January to December. 1862, curreut year partly estimate, Nine years.... Average yearly 5,712,708. But, indeed, no one ais examines the subject can doubt but the Erie will earn, in 1863, dividende upon all its stock, Its sources of income are, and will be hereafter, very different from what they have been in the past. In the first place, its long dock renders it the most direct grain road between the West and the ocean, and enables it to effect a substantial saving in working expenses, Next, it has just made @n arrangement for a coal trade from the Pennsylvania coal region which will give it a net profit of $200,000 a year, Finally, the At. lantic and Great Western extension is steadily pro- wrossing westward, and will shortly throw upon the Erie a large Western traffic, which now finds its way over the Lake Shore and other northern routes, It is probably safe to estimate the business for 1963 as follows:— Net Net income... . s+... Deduct— Intereat on $20,000 000 debt... Dividends on $19,000,000 stock, Surplus over a@ll......... ++ $170,008 The chances are, in the opinion of railroad men, that the Erie income will rather exceed than full ‘ short of this, It must be remembered that the | Erie Railway of 1863 will be a very different offair \ 1 from the old Erie Railroad which ran from Dunkirts Ite fue | ture course is practically from New York city ta