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Great result in the river.--the steamer West Point in danger.

--The river, which had been rising during the preceding twenty-four hours, attained a great height during Wednesday night, and yesterday morning we within a few inches of the high water of May, 1862, and within about three feet of the highest point of the great flood of 1817. Mayor's Island was entirely submerged, only the tops of the houses being visible above the water, as was also a considerable portion of the low grounds of the Falls plantation and three or four hundred yards of Main street in the neighborhood of Gilli's Creek. All the wharves at Rocketts and the new Navy Yard were far under water, and at the latter place great quantities of valuable number was in danger of being washed away. The fine steamer West Point, belonging to the York River Railroad Company, which for two months has been sunk in the river off the foot of the dock, was turned over by the force of the current, and yesterday morning at eleven o'clock lay on her side, looking as it every next wave of the that boiled and surged around her would sweep her to destruction. A competent expert, however, who was in charge of her, gave it as his opinion that she would stand last unless the water rose several feet higher.

A large lighter, in which was stored the furniture of the West Point, and which was anchored in the stream near the steamer, by the strength of the current of waters, dragged her anchors and moved slowly down the river. About noon yesterday she had upwards of a mile.

After two o'clock yesterday the river ceased to rise and at six last evening, it was believed that the waters were subsiding; but the fall, if any there was, was so slight as scarcely to be perceived. The steamer West Point still maintained its position of the morning, and was considered secure by those having her in charge. Unless there is more rain in the meantime, it is hoped that the river will resume its ordinary slave in the course of three or four days.

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