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d nearer to the head of the Island. "Gen. Pope allowed a rebel gunboat to approach within fifty yards of a masked battery, on Tuesday, and then sunk her, killing fifteen of those on board. He had previously allowed five rebel steamers to pass on towards New Madrid, and they are now between his batteries, unable to escape. "Over a dozen vessels, together with the floating battery and battering ram, are now above General Pope's batteries, and will be either sunk or captured. "Mr. Beadle, one of the oldest citizens of Memphis, arrived last night. He reports that but three rebel regiments are now between New Madrid and Memphis, and they are stationed at Fort Pillow. "The Rebel Government are manufacturing pikes at Memphis for the new recruits, but less than one hundred men have responded to the last call of the Governor. "The railroads terminating at Memphis are being connected, so that all the rolling stock can be sent down the New Orleans road, when necessary,"