Latest from New Orleans.
Augusta May 6.
--The Jackson Mississippian, of the 1st inst., has extracts from New Orleans papers of Tuesday.
The authorities of the city held out to the last in stubborn and heroic refusal to lower the flag of their adoption.
All the guns of Fort Jackson were spiked before the surrender.
Fort Pike was evacuated, and everything it contained abandoned.
Com. Farragut sent a communication to the Mayor and Council on the 28th ult., complaining of the refusal to haul down the Confederate flag, &c, and notified them to remove the women and children in forty-eight hours.
The Mayor convened the Council, and they decided not to recede from their position.
The Louisiana flag still floats upon the breeze.
Mayor Monroe nobly replied to Farragut, saying, ‘"We will stand your bombardment, unarmed and undefended as we are."’
Farragut, on the 29th, again addressed the Mayor, saying: ‘"Forts Jackson and St. Philip have fallen, and we will now proceed to raise the United States flag on the Custom-House.
The Mayor must see that it is respected with all the civil power of the city. "’
The evening Delta, of Wednesday, says that all the Confederate flags in the city have been lowered, and that Federal flags now float from the public buildings, under the protection of the enemy's guns.
All the city papers are still published, but are confined to local topics.
The Federals expect to take military possession of the city on Wednesday.
The Commandant of the French steamer, Milan, opposite New Orleans, notified Farragut that forty-eight hours notice of bombardment was ridiculous, and demanded sixty days for the evacuation of the city. 