The Northern news.

The news from the North, which we publish this morning, will be found highly interesting. The Yankee accounts fully corroborate our telegraphic dispatches, announcing the bloody repulse of Grant's forces. The Chicago Times confesses the Federal loss to have been "heavy." And a special dispatch to the New York Times says that the Yankee loss in one single day's fight amounts to five thousand killed, wounded and missing. The "little villain" seems rather stunned by this unexpected, result of his new hero's "Napoleonic movements." He pronounces the whole affair incomprehensible. Good for Raymond!

The information derived from "experienced officers now in the vicinity of Vicksburg, " assuming "that it would be a week or two ere its reduction would be looked for," will doubtless prove very comforting to the crazy multitudes who have shouted themselves hoarse over the reported waving of the "Stars and Stripes" on the ramparts of the "doomed city." The Herald's announcement of Lee's advance in the direction of Maryland will materially contribute to keep up in Yankeedom that pleasant state of excitement which is now so eminently characteristic of--

‘ "The smartest nation
In all creation."

Now that the Napoleonic Grant has mysteriously disappeared from the scene, his illustrious competitor, the no less Napoleonic leader of "the finest army on the planet," will have another chance to issue one of his peculiar congratulatory addresses to that much injured body of men. All true lovers of fun and quiet humor are impatiently looking for the forthcoming production.

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