Colonel Spencer's expedition into Alabama, which left Corinth, Miss., yesterday, returned to-day on account of high water from heavy rains in the mountains. It penetrated to within fifteen miles of Jasper, over one hundred and fifty from Corinth. The whole cavalry force of Tuscumbia Valley was concentrating to cut him off. While endeavoring to press his command, which was about five hundred strong, between them, Colonel Spencer encountered a force  of from one thousand to one thousand three hundred, under General Ferguson, in the south-east corner of Tishomingo County, Mississippi, and wa, quite roughly handled. Colonel Spencer formed a square of three lines of battle. As one position after another was outflanked, and the regiment becoming disordered and surrounded, he led it into the woods, where the rebels were held in check until night, when it broke up into squads, the men being all intimately acquainted with the country, and coming out the best way they could. Captains Chanler, Pulo, and Stemberg, of Joliet, Ill., were killed; also, Lieutenant Perry, of company I, First Alabama cavalry. Lieutenant Swift, of Ottawa, was mortally wounded, and about ten privates were killed. The rebel loss was more severe, as they rushed in large numbers upon the Nationals, who were under cover.
The Union forces under Colonel Wolford, were captured at Philadelphia, Tenn.--(Doc. 203.)