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The news. Our telegrams from the Southwest still continue to be of the most cheering character. The brave garrison of Vicksburg is as confident and determined as ever, and Kirby Smith, with ten thousand men, is said to occupy Miliken's Bend, some twenty miles above Vicksburg, on the right bank of the Mississippi, and to have cut off Banks's supplies. The Northern news has been anticipated in our issue of Monday. It will be noticed that all the reports concur in the Yankee losses at Vicksburg and Port Hudson to have been enormous. No wonder that Grant should call for reinforcements.
Latest from the North. We have received the Washington Chronicle, of Sunday, of the 7th inst. It is chiefly filled with news copied from the Herald of the day before, of which we gave a full synopsis in the Dispatch of yesterday. Grant telegraphs from Vicksburg, on the 21, that he can maintain the siege and take care of Joe Johnston. Three hundred horses had been shot on the river bank by the rebels because they could not be fed. Vallandigham will certainly be nominated for Governor of Ohio. The Chronicle states that the Army of the Potomac is only changing camps. Fifty-six prisoners, captured at Fredericksburg, arrived at Washington on Saturday night. Gold was quoted at 142½, a decline of 3½ on the quotations of Friday. A dispatch to the Cincinnati Commercial, dated Vicksburg, the 30th, says: A deserter came into our lines this morning. He represents that he was sent by Gen. Pemberton to communicate verbally with Gens. Johnston and Loring. The former is supposed to
The situation in Tennessee. --The Chattanooga Rebel, of Thursday last, says the situation in Tennessee improves at an amazing rate. Troops that have been sent to reinforce Gen. Johnston in Mississippi are being sent back to the Grand Army of Middle Tennessee. Our advices from Mississippi, says the Rebel, are of the most cheering character, yet we are at a loss to comprehend why General Johnston should have sent Gen. Breckinridge's corps back to Middle Tennessee. He must be in a secure condition, either from his position or from an abundance of troops. Our dispatches state that Grant is being heavily reinforced, but no fears need be entertained on that score, as Gen. Johnston has received the very flower of our noble armies. From the front various rumors come up — all of them foreshadowing an early advance of our forces. Let us "clear the decks and prepare for action."
l Holding out — the troops in good spirits-- Bend Occupied by Gen. Kirby Smith--Grant's supplies cut off, Etc. Jackson, June 6th, (via Mobile, 9th) --Generon of Memphis yesterday. The Chicago Times, of the 2d, has been received. Grant admits a heavy loss, and has fallen back to the Big Black, where he is awaiting and Charleston Railroad has been stripped of troops. Rosecrans is reinforcing Grant via Louisville. All the steamboats at Louisville and Memphis have been pressedt has been ordered to prepare hospitals at Memphis for thirty thousand wounded. Grant asks Hurlburt for thirty thousand men, and Hurlburt replied that he did not knog at Port Hudson, has taken Milliken's Bend, with ten thousand men, and cut off Grant's supplies. It is reported that Jackson's cavalry have cut their way throuarrival with cheers for Joe Johnston, and say that he will make all right. Grant is slowly advancing by building parallels, which are four hundred yards from th