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Affairs in the Valley.

At present, all seems quiet in the Valley — the armies occupying their original positions. Authentic intelligence, up to a recent date, shows that Sheridan had not then sent off any important proportion of his army. The Charlottesville Advocate, speaking of the latest movements there, says:

‘ "On the morning of the 10th, General Early advanced from his camp on a general reconnaissance, and proceeded nearly to Newtown, about eight miles this side of Winchester. He found the enemy in full force, about five miles in his front, in the neighborhood of Kernstown and Bartonsville. He remained in position this side of Newtown until the night of the 13th, when he withdrew. General Early had learned that some of Sheridan's troops had been dispatched to Grant, but found him with his three corps all in hand and occupying a fortified line.

"Our cavalry had quite a sharp engagement on the 12th, Rosser, with his old brigade and Wickham's, was on our left — Payne, with his brigade, on the pike — and Lomax, with his command, on the right. Rosser's old brigade was whipped; but the fortunes of the day on the left were more than restored by Wickham's brigade and by Payne's, which moved up to Rosser's assistance. Our loss was small. The enemy left between one hundred and fifty and two hundred prisoners. Wickham's and Payne's brigades are said to have behaved with great gallantry. It was in this affair, leading a handful of his regiment, that Lieutenant-Colonel Marshall was killed. Colonel Marshall was a son-in-law of Mrs. Barton, widow of David Barton, Esq., formerly of Winchester. This lady has lost, since the war, her husband, two sons, two daughters, a brother, a son-in-law — these are dead; another of her sons has lost a leg, and another is now absent from his command with his third or fourth wound. To all this, she is now driven from her home. May God help her!

"When Rosser was hard pressed on the left, the most of Lomax's command was ordered to his support, but he had been relieved before their arrival. But this transfer left McCausland by himself, who was attacked by the enemy, and his command stampeded, losing two guns. This attack was made by Powell--General Custar being opposed to our left — Meritt, probably, in the centre. We captured the book of the medical director of Torbert's cavalry, and it showed that, on the 3d of September, their in camp numbered eleven thousand two hundred and eighteen men, and on the 15th of October they numbered seven thousand two hundred and fifty.

"Our wounded left in Strasburg after the battle on the 19th ultimo say that the enemy put their losses at between eight thousand and nine thousand on that occasion, and bragged very little over the result."

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