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on-clads is definitely announced to have been raised. The following is the distribution of the fleet, recently employed there: The gunboats and mortar vessels have been withdrawn and are now at Pensacola. The Cowslip and Metacomet are blockading in the Sound. The rebels are building docks around the Tennessee for the purpose of lightening her over Dog River Bar. The Nashville is nearly completed. She will not be such a formidable appearing monster as the Tennessee. On Sunday, March 29, a picket boat belonging to the enemy, was captured by the Jackson. In it were five men and an officer, (master's mate.)--The boat, officer and men belonged to the rebel gunboat Selma. A letter thus explains the withdrawal: Although Admiral Farragut remained with his fleet after it was known that Sherman had returned to Vicksburg, engaging Fort Powell with his mortar vessels and gunboats, there was perhaps no glimmer of hope in the breast of the old veteran that with these he cou